Aggregate profits of UAE’s 13 publicly listed property companies rose by almost 30% The aggregate profits of the UAE’s 13 publicly listed property companies rose by almost 30 percent in the first quarter, state-run news agency WAM reported. The real estate companies’ profits surged to...

Available to book from Monday, customers will be able opt for an electric vehicle when they are booking a scheduled journey anywhere in Dubai Careem, the Dubai-baseds ride hailing app, has announced the introduction of an electric car type option onto the fleet. Available to book from...

Airline president Tim Clark says aircraft will start returning to service following the month-end Eid al Fitr holiday Emirates grounded 20 aircraft during Ramadan as the Islamic month’s timing this year exacerbated a seasonal slump in demand from Gulf passengers and business travellers...

Address Downtown re-opened two and a half years after the New Year's fire that destroyed the luxury property Two and a half years after a massive New Year’s fire destroyed much of the Address Downtown, the flagship hotel of Emaar Hospitality Group has reopened its doors to guests. The...

47% also found the business environment in the UAE to be nurturing of SMEs UAE - More than 60 per cent are of the UAE’s top small and medium enterprises (SMEs) are confident of achieving as much as 20 per cent growth for remainder of 2018 compared to their performance last year, a report...

The combined profits of 13 listed property companies in the UAE surged to Dh4.35 billion ($1.18 billion) during the first quarter (Q1) of the year, a growth of 29.4 per cent from Dh3.36 billion in Q1 2017, a media report said. The marked profit growth beats the expectations of industry analysts...

Dubai has become the first city in the Middle East region and 24th in the world to be declared as the Creative City of Design by the United Nations Educational, Scientific and Cultural Organisation (Unesco). The announcement regarding the selection of Dubai as the first Creative City of Design...

The Saudi stock market jumped on Sunday The Saudi stock market jumped on Sunday after the weekend appointment of a prominent businessman as labour minister, a move widely welcome by the private sector. Ahmed bin Suleiman al-Rajhi is expected to create a friendlier business environment,...

MAG Lifestyle Development (MAG LD), the development arm of MAG Group, has announced plans to launch two new projects in Jumeirah Village Circle - MAG 612 and MAG 614 - at an investment of Dh300 million ($82 million). MAG 614 is a 20-floor residential tower comprising 223 units including 80...

Works under this phase included improvements to the Western part of the parallel roads in the sector between Al Meydan and Financial streets across the Business Bay Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority, RTA,...