Affordable housing has become the new buzzword in Dubai’s property scene. Why?
Tom Leighton, CEO of tech firm Akamai, says online security is a major challenge for high-profile events across the world
The travel service firm is expecting to handle over 50,000 flights and 30 million bags in the months of June, July and August at Dubai airport
The airline’s sales office in Athens will remain open for bookings, it clarified
Business confidence in the emirate remained high despite a slower rate of increase in new orders and growth in June
Dubai has overtaken Malaysia and London for the listing of Islamic bonds on its exchanges
Dubai is unlikely to see a steep growth in rents as the market stabilises, a new report says
The average value per claim in the Court of First Instance increased 490 per cent to Dhs 106.4m
Post the deal, Marka plans to open 17 Morelli’s outlets in the MENA region by 2020
The founding family of Mouka who will retain a minority stake in the company, a statement said
The airline will soon begin a weekly service to Mashhad, its second destination in Iran
The majority of business executives say any losses or gains in the Dubai property market will be within 10 per cent of current values, a new survey showed
Do proper due-diligence on the developer and visit their existing projects in order to pick the right one
The new building will have a total built-up area of 200,000 square feet and will comprise of retail and F&B units along with office space
By following a few simple steps renting in Dubai can become a lot easier, writes Toby Young managing director of propertyrights.ae
Passenger numbers climbed to 6.2 million in May – up from 5 million a year earlier
Western city becomes third in Germany to welcome the superjumbo
The institute will develop a talent pool of senior managers and project developers in order to expand the UAE’s real estate sector
Nationals from the UAE currently hold 51.02 per cent of the company’s stock, with the remaining GCC nations owning 5.85 per cent
ENOC published its offer document on Wednesday, showing the deal is moving ahead
The regulation will be enforced from August 1, 2015 in order to ensure that all companies comply with the new rules
The carrier said it has paid the Dubai government – its parent firm – nearly $3bn in dividends and is financially transparent with no room for subsidies.
The project is the first major initiative of the ‘Museum of the Future’, a scheme to develop and deploy cutting edge prototypes across Dubai
The contract includes construction of 8.5km of beaches, 3.5km of quay walls and 9.5km of rock revetments at two of the four Deira Islands
The clarification came following reports that the transaction fee would rise from 4 to 8 per cent
The cash payment will be funded by the sale of part of its land bank in Saudi Arabia, the company said
Dubai’s stock index slid 1.3 per cent, heading for a second straight daily close below its 200-day average
The developer did not disclose the value of contracts.
Damac’s latest hospitality project is an 826-key luxury hotel and residences tower on Sheikh Zayed Road.
The current CEO Ahmad Bin Byat has been promoted to vice-chairman and managing director while COO Fadel Al Ali will take over as CEO