First two phases of Azizi Riviera will be completed in early 2019 followed by the next two later in the year Dubai-based developer Azizi Developments has said it will commence construction on the next two phases of its flagship Riviera project in Meydan One in February. Construction...

Second major deal completed with Tesla following Powerpack agreement last year Bee’ah, the UAE-based environmental energy and waste management company, has ordered 50 Tesla Semi trucks. The purchase will see Bee’ah have the first and largest fleet of Tesla trucks in the Middle East,...

Investor buyers continue being drawn to the affordable segment due to the current high yields, says Core Savills Dubai Investment Outlook 2018 Rents in Dubai will continue to decline, resulting in yield compression in several areas, according to a new market outlook from Core Savills....

Latifa Hospital for Women and Children in Dubai will deliver up to 1,000 babies per year post expansion Latifa Hospital for Women and Children in Dubai is set to expand its labour and delivery suite as well as its emergency department, according to a top health official. Dr Muna...

Dubai Electricity & Water Authority says largest part allocated to capital projects and capital purchases Dubai Electricity & Water Authority (DEWA) has approved a total budget of AED26.4 billion ($7.2 billion) for 2018, up by more than AED2 billion compared to last year. The state...

RTA engineers visit Austria, France and Germany to review manufacturing of electric rail tracks and junctions Key components of Dubai Metro's Route 2020 expansion project are expected to be shipped to the UAE in the middle of 2018, it was announced on Saturday The announcement...

UAE-based Tiger Properties has announced plans to develop 18 new real estate projects in Dubai and the neighbouring emirate Sharjah, over the next two years, at a total investment of Dh10 billion ($2.7 billion). The group will be launching the Dh500-million The Square project, a residential...

UAE's Plan 2050 is an important step towards energy security The UAE has embarked on a comprehensive energy transformation to boost clean energy and reduce carbon emissions, said a UAE minister on Friday. "As we diversify the energy mix, hydrocarbons will continue to play a vital...

Consumer complaints about VAT's implementation are a natural part of a new reality - one that should be of benefit to all In the weeks since value-added tax (VAT) was officially implemented in the UAE, questions have swirled about the intricacies of its implementation, with many residents...

JLL says Dubai International Financial Centre costs stable at $94 per sq ft per year Occupancy costs for premium office space in Dubai International Financial Centre (DIFC) remained largely unchanged over the past year at $94 per square foot per year, according to real estate consultancy...