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.
UAE condemns Israeli targeting of UN peacekeeping forces in Lebanon
The UAE has strongly condemned the Israeli military’s grenade attacks near the United Nations Interim Force in Lebanon (UNIFIL) positions in Lebanon.
Dubai confirms free parking this Friday
Public parking zones in Dubai, excluding multi-level terminals and Al Khail Gate parking (N.365), will be free of charge on Friday, September 5 — the public holiday to mark the birthday of Prophet Muhammed (PBUH).
UAE, Saudi leaders discuss strategic ties and regional stability
The UAE and Saudi Arabia have reaffirmed their strong bilateral ties during high-level talks in Riyadh on Wednesday.
Dubai Police urge drivers to maintain safe distance after fatal crash
Dubai Police are urging drivers to keep a safe distance on the roads, warning that failure to do so remains one of the leading causes of serious, and sometimes fatal, accidents.
UAE President begins fraternal visit to Saudi Arabia
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has begun a fraternal visit to Saudi Arabia.
6:00am - 10:00am
Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.
The legendary Craig David joins The Kris Fade Show for an unforgettable chat!
One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...
The super-star and multi-award-winning singer-songwriter, Jason Derulo is bringing the heat to Dubai.
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