Home GCC UAE

UAE

Nepali billionaire hits out at Dubai’s Limitless, Nakheel for unfinished projects

However, the Dubai developers say his claims are “misleading”

Flydubai boosts Kuwait capacity for holiday traffic

Flydubai makes Dubai, Bucharest service daily

The move follows year-on-year passenger traffic growth on the route

Dubai property market will see upturn in 2017- KPMG

Dubai real estate transparency improves but more needed

JLL report awards city ‘semi transparent’ status and the most in the Middle East

Dubai hotels see 86% occupancy in May, but RevPAR drops

Average daily rates in hotels were down last month, finds EY report

Dubai’s RTA awards $2.9bn Route 2020 metro expansion contract

The route will consist of 15km of overground and underground track

New magnetic ‘zipping’ cars system planned for Abu Dhabi

Abu Dhabi’s Miral signs agreement with US-based skyTran for Yas Island

Abu Dhabi orders merger of state funds Mubadala and IPIC

A committee headed by deputy Prime Minister Sheikh Mansour bin Zayed al-Nahyan will oversee the merger

UAE’s Radio 1, Radio 2 pulled from air after Gulf News Broadcasting loses licence

Broadcaster claims ‘technical issues’ have led to the stations’ mysterious disappearance from the airwaves

UAE fuel prices to increase again in July

Minor increases to come at the pump after oil loses some momentum

UAE-based Propertyfinder acquires Moroccan portal

This is the company’s first acquisition since its $20m fund raise

World’s tallest tower Burj Khalifa introduces new mascot

Mr. Burj, a replica of the Dubai tower Burj Khalifa, will provide entertainment for young visitors

Eid Al Fitr 2016: UAE private sector holidays announced

The first and second days of the month of Shawwal will be paid holidays for private sector workers

Malaysia Airlines CEO linked with Emirates

Reports have linked Christoph Mueller with a position leading Emirates’ digital strategy

10,000 hotel rooms to open in Dubai this year

The number may raise concerns of oversupply in the market

Dubai Expo 2020 site infrastructure work to begin this summer

Major construction on the site is expected to be complete by October 2019

Fire breaks out at Dubai construction site

The cause of the blaze is unknown

Abu Dhabi firm wins Dhs 1bn contract for Emaar’s Mira Oasis townhouses

The project is anticipated to reach completion by the end of 2018

LuLu group opens first Kuala Lumpur hypermarket

UAE-based retail group commits investment of $300m to open 10 outlets in Malaysia

Abu Dhabi airport expects 85,000 passengers to travel this week

Airport authorities urge travellers to register for the Smart Travel initiative

Mashreq awards deal for new Downtown Dubai HQ

Arabian Construction Company will construct the new 35-storey tower

Diamond Developers plans launch of sustainable apartments in Dubai

The developer is behind the Sustainable City project in Dubailand

Dubai’s DEWA awards deal for 800MW solar park to Masdar-led group

The third phase of Sheikh Mohammed bin Rashid al-Maktoum Solar Park will be operational by 2020

UAE announces week-long Eid Al Fitr break for the public sector

Government offices will remain closed from July 3 – 9

Emirates Nuclear Energy Corporation relocates to Masdar City

Company and its subsidiary Nawah move to Abu Dhabi’s sustainable city

Dubai’s Jumeirah Golf Estates says phase one of Redwood Park sold out

Construction of the development’s first phase is 70 per cent complete

UAE signs deal with Lockheed Martin for space training

The move comes as the country prepares to launch a probe to Mars by 2021

Dubai’s Damac awards 25 contracts worth Dhs 3bn in Q1 2016

The developer said it has awarded contracts for its Akoya Oxygen and Akoya by Damac projects

UAE, Saudi stock markets fall on Brexit worries

Dubai’s index was down 4.6 per cent in early trade while Saudi’s Tadawul fell 3.7 per cent

New Dubai Industrial Strategy to help generate Dhs 160bn by 2030

The strategy will focus on six sub sectors such as aerospace, maritime and aluminum, among others

Dubai’s RTA to open Abu Dhabi-bound bridge on Sheikh Zayed Road

Six lanes of the eight-lane bridge will be opened on July 1