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.
Magnitude 2.9 earthquake recorded in southern Musandam
An earthquake measuring 2.9 on the Richter scale was recorded in the southern Musandam region early Sunday morning, according to the National Seismic Network at the UAE’s National Centre of Meteorology (NCM).
UAE welcomes UN assessment mission to El Fasher
Reem Al Hashimy, Minister of State for International Cooperation, has welcomed the United Nations’ assessment mission to El Fasher as an important step toward restoring humanitarian access for civilians who have endured months of siege and deprivation.
Sharjah Airport strengthens readiness for peak winter travel season
Sharjah Airport has said it is fully prepared for a surge in passenger traffic during the winter holiday period after introducing operational measures to improve passenger flow and maintain service standards.
30-tonne UAE aid shipment reaches Gaza to combat malnutrition
A humanitarian aid convoy provided by the UAE's Saqr bin Mohammed Al Qasimi Foundation for Charity and Humanitarian Work has entered the Gaza Strip under Operation Chivalrous Knight 3, carrying vital therapeutic and preventive supplies for children and women.
Dubai Police crack down on e-bike violations
Dubai Police have taken firm action against 90 individuals for riding electric bikes in a reckless and dangerous manner on sports tracks and dedicated scooter lanes at Kite Beach.
UAE condemns mosque bombing in Syria’s Homs
The UAE has strongly condemned the bombing at a mosque in Homs, central Syria, which left a number of civilians dead and injured.
UAE–Pakistan ties in focus during high-level talks
The UAE's President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with Pakistan’s Prime Minister Shehbaz Sharif on strengthening cooperation between the two countries.
Dubai NYE: Road closures, traffic plan announced
Dubai authorities say they are fully prepared to deliver a safe, world-class New Year’s Eve celebration across the emirate.
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Pinoy Expat Corner
Merong Serbisyo Caravan Leg 2 dito sa Dubai ngayon November 15 & 16, 2025 , 8am to 6pm @ Hall 3 Dubai World Trade Center, Dubai.
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Pinoy Expat Corner
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities! Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
