INSEAD Day 4 - 728x90

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

e& posts 11.6% revenue growth

The H1 net profit hits $1.63 billion.

Fire in Dubai apartment building kills 16, injures 9

A file picture of the Al-Ras neighbourhood in the old part of the city.
  • The fire, according to the civil defence force, was caused by a "a lack of compliance with building safety and security requirements"
  • The authorities, in 2017, adopted stricter building regulations to minimise the risk of fire, attributed mainly to flammable materials

Dubai, United Arab Emirates–A fire in a residential building in Dubai killed 16 people and injured nine others in the wealthy Gulf emirate, local media reported.

The fire broke out at midday Saturday on the fourth floor of the building in the Al-Ras neighbourhood in the old part of the city.

The civil defence force, in a statement quoted by UAE media, said that preliminary investigations showed the fire was caused by “a lack of compliance with building safety and security requirements”.

Dubai, one of the seven emirates of the United Arab Emirates, has a population of around 3.3 million, of whom almost 90 percent are foreigners.

The nationality of the victims has not been revealed.

The city has experienced spectacular fires in the past, causing extensive damage but few casualties.

In 2017, the authorities announced the adoption of stricter building regulations to minimise the risk of fire, attributed mainly to flammable materials used in the exterior cladding of buildings.