Rotana and Al Diyar United launch Centro Salama Jeddah, the first hotel project to be funded and developed in partnership UAE-based hotel operator Rotana and Al Diyar United have announced the launch of Centro Salama Jeddah, the first hotel project to be funded and developed in...

Bloomberg Global City Housing Cost Index shows 47% of average monthly salary goes on housing compared to 71% last year Getting on to the housing market ladder in Dubai is getting easier with affordability levels rising, according to the annual Bloomberg Global City Housing Cost Index....

Dubai International Financial Centre says 98% of office space at The Exchange already leased just months after launch The latest addition to the real estate at Dubai International Financial Centre (DIFC) is proving a big hit with tenants – with 98 percent of office space at The...

Emirates will cancel some flights, reduce the number of flights to certain destinations and reschedule others during the upgrade work in 2019 Emirates will reportedly reduce the number of flights it operates by nearly a third for 45 days next year during the closure of an airport at...

Dubai's new goals include attracting 21-23 million tourists by 2022, and 23-25 million by 2025 Dubai has extended its tourism ambitions, announcing new targets for attracting visitors to the emirate up to 2025. Building on the efforts to attract 20 million tourists annually by...

Cityscape Global project launches are focused on what customers actually want to buy At last year’s Cityscape the focus was on affordability, which was a welcome step given that whole swathes of investors had for too long been priced out of the market. This imbalance has largely...

New report says spending on public cloud services in the UAE will almost quadruple to $410m in 2022 Microsoft’s technology ecosystem and the growing popularity of cloud services will create more than 55,000 jobs in the UAE by the end of 2022, according to new research. The...

Source says investors group sent letter to Etihad asking to discuss bonds matter with its management and Abu Dhabi's Department of Finance A group of creditors to entities set up to finance affiliates of Etihad Airways said in a letter to the airline they were misled on its commitments...

Sales for The Nook, which represents the first two buildings of the development, will start on October 8 wasl Asset Management Group, one of the largest real estate companies in Dubai, has officially released wasl gate onto the freehold property market. The launch follows the...

New Knight Frank report compares real estate price declines in Dubai and Abu Dhabi with nearly 150 cities worldwide Residential price declines in Abu Dhabi and Dubai are among the most pronounced in the world over the past year, according to a new report by Knight Frank. The real...