Abu Dhabi officials have been instructed to 'draw up a working plan for allocations within 90 days' A new $13.6 billion (AED 50 billion) Abu Dhabi plan to stimulate its economy includes 10 economic initiatives designed to cover infrastructure and legislative projects and SMEs, as well as...

UAE has jumped 12 places to 44th in the annual Global Peace Index, produced by The Institute for Economics and Peace The UAE has jumped 12 places in the annual Global Peace Index (GPI) report, produced by The Institute for Economics and Peace, an international think tank. The GPI...

Mohammed Bin Rashid Space Centre announces that 95 out of 4,022 applicants will go forward to next stage of the UAE Astronaut Programme The Mohammed Bin Rashid Space Centre has announced that 95 out of the 4,022 applicants have been shortlisted for the UAE Astronaut Programme. Part of...

Abu Dhabi Investment Authority said to have property-related assets exceeding $62bn, making up 7.5% of total assets under management Abu Dhabi Investment Authority (ADIA) has been named the world's biggest real estate investor with assets exceeding $62 billion. The sovereign wealth fund...

Union Coop, the consumer co-operative in the emirate of Dubai, has invited tenders for the construction of two commercial centres Warqa’a Mall and Jumeirah First - Al Bada’a area and two new Union Coop branches in Nad Al Sheba and Palm Jumeirah later this year, reported state news agency Wam....

Dubai ranks first in the Arab world in terms of government budget (as percentage of GDP) while globally the emirate ranks seventh in government efficiency and third in public finance, according to the Competitiveness Report 2018 issued by the International Competitiveness Centre of the...

US Department of State has announced its intention to work with the Big Things Group as its partner for its pavilion The US Department of State has announced its intention to work with the Big Things Group as its partner for its pavilion at Expo 2020 Dubai. Current design plans, based...

Once completed in 2019, Azizi Riviera in Meydan One will have a total of 69 mid-rise buildings, comprising 16,000 units UAE-based Azizi Developments has announced details of the construction progress made on phases 1, 2 and 3 of its flagship project in Dubai's Meydan One, Azizi Riviera....

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces has approved a Dh50 billion ($13.6 billion) economic stimulus package for Abu Dhabi, aimed at accelerating the economic growth over the next three years. Sheikh Mohamed bin Zayed,...

The MAG 612 and MAG 614 towers will include a total of 367 residential units MAG Lifestyle Development, the development arm of MAG Group, has announced plans for two new projects in Jumeirah Village Circle worth AED 300 million. The projects, MAG 612 and MAG 614, mark the company’s...