Ghantoot Group, one of the region’s leading construction, development and service groups, has signed a sponsorship agreement with Al Bayt Mitwahid Association (ABM) that will see the duo work in cohesion to supply the community with various projects and initiatives. Together, they announced...

The number of subscribers to telecommunications services in the UAE rose to around 24 million during the first five months of 2018, a growth of around 2 per cent compared to the end of 2017, a media report said. All relevant sectors registered growth since the start of the current year,...

Parties to cooperate on wide range of areas to better support development of China-UAE Industrial Capacity Cooperation Demonstration Park UAE - A strategic partnership and mutual promotion mechanism was established as Etihad Aviation Group (EAG) CEO Tony Douglas and Jiangsu Provincial...

Dubai Duty Free sales increase places the operation well on track to reach $2.01bln by the end of the year Dubai Duty Free has announced a 10 per cent increase in sales for the first half of the year, with turnover reaching Dh3.671 billion and placing the operation well on track to reach...

Asteco says average rents drop 2% in Sharjah, Ras Al Khaimah and Ajman in three months to end of June Apartment rental rates in the Northern Emirates continued to soften during the second quarter of 2018 with an average quarterly drop of 2 percent and a decrease of 11 percent over the...

Wethaq will play the role of a platform for financial institutions, fundraisers and investors to use in the pre-sale, issuance, management and secondary trading of sukuk products ArabianChain Technology, a Gulf-based innovator in the blockchain industry, has said it has signed a joint...

Developer says the first 300 homes are being delivered at West Yas, the island's first villa community Aldar Properties has announced that it has begun the handover process for the first 300 homes West Yas, the island’s first villa community. The community retail plaza, which includes...

Retailer says it will open another 15 hypermarkets in Saudi Arabia in the next 18 months, of which five will open by the end of this year UAE hypermarket giant Lulu has announced plans to invest SR1 billion ($270 million) in Saudi Arabia by 2020. The retailer said it will open another...

The RTA expects a 25 per cent drop in traffic on Sheikh Zayed Road after the move. The new Salik gate on Sheikh Zayed Road after Ibn Battuta Mall heading towards Abu Dhabi will become operational on October 24, following the opening of the 7th Interchange as well as Al Yalayes and Al...

Dubai is a key re-export gateway for China’s trade with different markets around the world Dubai’s foreign trade with China grew by 6 per cent to reach as high as Dh176.4 billion ($47.53 billion) in 2017, compared to Dh166.35 billion in 2016, according to a statistic released by Dubai...