The UAE's market regulator has formed a forensic audit committee to review Drake and Scull.
It's after the company’s current management blamed its previous management and Board of Directors for losses of AED 5 billion incurred in 2018.
The company had filed an official complaint with the UAE Securities and Commodities Authority to pursue action against members of the previous executive management.
They said it was done to protect shareholders’ rights.
Fee hike approved for Dubai’s private schools
The Knowledge and Human Development Authority (KHDA) has approved a 2.35 per cent Education Cost Index (ECI) for Dubai's for-profit private schools for the 2025–26 academic year, allowing eligible schools to increase tuition fees within that limit.
Dubai court sentences Indian tycoon in major money laundering case
A Dubai court has sentenced Indian businessman B.S.S., widely known as 'Abu Sabah', to five years in prison for his role in a large-scale money laundering operation.
Weekend road works to cause delays on key Dubai-Sharjah road
Authorities are warning of delays on Emirates Road on Saturday and Sunday due to scheduled maintenance and rehabilitation works.
Driver arrested in Sharjah for 137 violations, AED 104,000 in fines
Sharjah Police have arrested a motorist who racked up 137 traffic violations and fines totalling over AED 104,000, all while using forged licence plates to evade detection.
Sheikh Abdullah, President of Ecuador discuss boosting ties
Economic and developmental cooperation topped the agenda during discussions between His Highness Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, and President of Ecuador, Daniel Noboa.
8:00am - 11:00am
Playing 10 hits in a row every hour, all weekend!
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
The super-star and multi-award-winning singer-songwriter, Jason Derulo is bringing the heat to Dubai.
Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.
Latest album, what happened with BTS, raising a baby girl, eye surgery, and more!
