Sharjah records real estate transactions worth Dhs24.2bn in 2019

A total of 61,357 transactions were recorded in 2019, rising 13.4 per cent in comparison to 2018

Dubai bank reportedly seeking Al Jaber Group’s DIFC land to recover debt

Emirates NBD is seeking to seize or sell the undeveloped land in DIFC

World’s tallest observation wheel, Ain Dubai, will open this year

Located at Meraas’ Dhs8bn Bluewaters Island, Ain Dubai is over 250 metres tall

Mubadala-backed Alcazar weighs sale of Egypt, Jordan assets

The Dubai-based renewable energy developer is in talks with banks for the sale

UAE approves draft law to allow family owned companies to list

The United Arab Emirates is home to three stock markets – NASDAQ Dubai, Abu Dhabi Securities Exchange and Dubai Financial Market

Saudi’s entertainment push: Is it affordable for all?

The government has tried to offer options for all at the Riyadh Season, says official

Dubai’s non-oil trade grew 6% to reach Dhs1.02 trillion in first nine months of 2019

The emirate’s exports totaled Dhs118bn and re-exports grew to Dhs312bn, while imports equalled Dhs589bn

Third phase of Dubai’s mega solar park to be operational in April

DEWA is building the 800MW photovoltaic third phase of the solar park in three stages

Dubai crown prince Sheikh Hamdan

Dubai reveals top and lowest ranked government entities for customer happiness

The average customer happiness level achieved in the emirate was 85.2 per cent

Hamad Buamim Dubai Chamber of Commerce

Power Letters 2020: Hamad Buamim, President and CEO of Dubai Chamber of Commerce & Industry

As Dubai opens its door to 25 million visitors taking part in Expo 2020, Dubai Chamber, the official business integration partner, will play a pivotal role in connecting UAE businesses with their global counterparts during the mega event

Scrapping the paper trail via blockchain technology

Blockchain’s decentralised technology has industry-disrupting capabilities, but how far will it venture in the trade finance arena?

Six dead, 19 injured in Abu Dhabi traffic accident

The accident on Thursday morning was caused by “reckless behaviour”, police said

Emirates’ resort in Australia to remain closed as bushfire crisis continues

The airline has also pledged relief for those affected

Proposed Kuwait metro to stretch over 160 kms, host 68 stations

The first phase of the metro project includes a railway stretching 50 kilometers from Kuwait City to Kuwait International Airport with 27 new stations

Abu Dhabi’s Etihad Airways targets zero net carbon emissions by 2050

The airline is also committed to reduce single use plastics by 80 per cent by 2022

Former CEO of Dubai contractor Drake and Scull arrested in Jordan

Khaldoun Al Tabari faces criminal charges in the UAE filed by DSI

Paying parking fees via Dubai’s RTA app can help earn loyalty points

Users can utilise their loyalty points either in the form of balance added to their Nol cards or discounts applicable at multiple cafes, restaurants and other shopping outlets

Video: Snow blankets parts of UAE, Saudi as temperatures drop

The temperature dropped below zero degrees at the Jebel Jais mountain

Four Indian, Pakistani schools in Dubai saw ratings improve to ‘very good’ by regulator KHDA

A total of 11 schools were rated ‘good’ this year

Kuwait to run record budget deficit after half decade in the red

The deficit is projected at KD9.2bn ($30.3bn), above the current year’s estimate of KD8.3bn

New ‘Future District’ created in Dubai, Dhs1bn fund launched for ‘new economy’ firms

Dubai also aims to achieve Dhs2 trillion in terms of foreign trade volumes by 2025, supported by establishing 50 offices around the world

Camping with caravans on this Dubai beach is now free

Campers must obtain a permit – issued for free – before heading to the beach located in Al Sufouh area

Abu Dhabi Investment Authority plans to sell a $2bn slice of its private equity book

ADIA’s assets under management are estimated to be around $696bn, making it the third-largest in the world

Revealed: Areas in Dubai that saw the biggest drop in residential rents in 2019

Average apartment rents in Dubai dropped by 13.4 per cent year-on-year in Q4 2019

The world’s first commercial indoor tomato farm to open in Abu Dhabi

The 5,000-square-metre facility is currently being constructed at the Khalifa Industrial Zone Abu Dhabi

The Central Bank hub expands on invites to Kuwait, Morocco, Vietnam

The Switzerland-based body serves as a forum for policy makers to discuss global economic developments

Abu Dhabi’s Etihad Airways enters into agreement with UK’s easyJet

Customers can purchase tickets through the easyJet global website connecting the two airlines’ networks

Non-oil trade between UAE, Japan totalled Dhs481bn from 2009-2019

The value of the overall trade between the two countries in the first half of 2019 reached Dhs26bn

Rainfall expected in parts of UAE, temperatures to stay low

UAE weather alert: heavy showers expected on Tuesday, Wednesday

The lowest temperature recorded over the country on Tuesday morning was 2.7°C in Jais Mountain at 12am

Abu Dhabi Crown Prince, SoftBank founder to oversee building of Indonesia’s new capital

Indonesia has identified about 256,000 hectares of land on the island of Borneo for the yet-to-be-named capital