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 President receives condolences on passing of Sheikh Tahnoun bin Mohammed
The President His Highness Sheikh Mohamed bin Zayed Al Nahyan has received condolences from regional leaders on the death of his uncle, Sheikh Tahnoun bin Mohammed Al Nahyan.
UAE carries out 46th Gaza airdrop
The UAE's "Birds of Goodness" campaign has carried out it's 46th airdrop of humanitarian and relief aid into northern Gaza.
UAE intensifies anti-mosquito efforts
The UAE has stepped up its programme to control the spread of mosquitoes in the country following the recent spells of bad weather.
Dubai government reaches 94% completion of jobs engineering project
The Dubai Government Human Resources Department (DGHR) has achieved a significant milestone with the completion of 94 per cent of its ‘Dubai Government Jobs Engineering’ Project", which aims to support and strengthen human resource departments within government entities.
Dubai to honour food outlets for excellence in safety, nutrition
Submissions have opened for the first edition of a major initiative to honour food establishments in Dubai for their excellence in standards for safety, nutrition, sustainability and social responsibility.
UAE stresses importance of Gaza ceasefire
The UAE has stressed the importance of working to reach a ceasefire in Gaza and avoiding the expansion of conflict in the region.
UAE, US discuss strengthening defence partnership
The UAE and the United States have discussed ways to strengthen the defence partnership between the two countries.
RTA confirms intercity bus service returns to normal
Dubai's Roads and Transport Authority (RTA) has announced that intercity bus services have returned to normal.
Mahika
Adie & Janine Berdin
Tingin
Cup Of Joe, Janine Tenoso
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Josh Cullen, Al James
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!
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!
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!
