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.
Two face legal action over offensive social media broadcast
The UAE's National Media Authority has taken legal action against two individuals for violating media regulations and content standards.
UAE expresses solidarity with Greece, Denmark after helicopter crash
The United Arab Emirates has expressed solidarity with Greece and Denmark following the collision of two helicopters participating in efforts to extinguish fires in the Greek capital Athens.
UAE, Qatar discuss regional developments and security
The United Arab Emirates has discussed regional developments and enhancing security with Qatar.
1 dead, 5 injured after gas cylinder blast at Dubai car showroom
Dubai Civil Defence teams have completed response operations following a gas cylinder explosion at a car showroom on Sheikh Zayed Road.
Rain alert for parts of UAE
The National Centre of Meteorology says parts of the UAE will see cloud build-up and rainfall of varying intensity through Friday, mainly across the eastern and southern regions.
Dubai sets up media committee to counter fake news, misinformation
A new committee will be set up in Dubai to counter misinformation and false news through clear, transparent communication, and safeguard the Emirate's development achievements.
UAE marks 1,000 days of humanitarian mission supporting Gaza
The UAE marked 1,000 days of Operation Chivalrous Knight 3 on Sunday, its humanitarian mission providing emergency relief, medical care and recovery support to people in the Gaza Strip.
UAE continues to send more aid convoys to Gaza
The UAE has sent five more aid convoys to the Gaza Strip this week as part of the ongoing 'Operation Chivalrous Knight 3' campaign that provides humanitarian and relief assistance to the Palestinian people.
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What inspired them to choose running as their form of exercise despite their busy work schedules as OFWs?
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!
