May 2018 — Topical news of the United Arab Emirates

May 30, 2018 no comments 957
Abu Dhabi official says confident that Uber will return to the UAE capital following 2016 suspension Uber Technologies is reportedly in talks to resume services in Abu Dhabi. Mohamed Darwish Al Qamzi, general manager of The Centre for Regulation of Transport by Hire Cars (Transad), was...

May 30, 2018 no comments 1139
Roads and Transport Authority says 70 free parking spaces have initially been reserved for environment-friendly vehicles across the emirate Dubai's Roads and Transport Authority (RTA) has provided 70 free parking spaces for environment-friendly vehicles in 40 paid parking zones across the...

May 30, 2018 no comments 1027
Non-oil economic activity grew 3.1% from a year earlier in the first quarter of this year DUBAI - Non-oil economic activity in the United Arab Emirates grew by 3.1 percent from a year earlier in the first quarter, slowing slightly from 3.4 percent in the final quarter of 2017, the central...

May 30, 2018 no comments 1038
Design International, which recently expanded into the GCC with an office in Dubai, has been at the forefront of shaping retail architecture trends for over 50 years; the latest being malls getting transformed into consumer centres. As early as the late 60s, they designed pioneering shopping...

May 30, 2018 no comments 1055
Huntsman Corporation, a global manufacturer of differentiated and specialty chemicals, has announced plans to build a new polyurethanes systems house within the Jebel Ali Free Trade Zone (Jafza) in Dubai, UAE. Targeted for completion by the second half of 2019, the new facility is aimed at...

May 29, 2018 no comments 943
The fall in liquidity held by UAE banks over recent period has been attributed by industry analysts to tightened lending measures A total of Dh14 billion ($3.8 billion) in cash has been pumped onto the market by UAE’s Central Bank (CBUAE) in April, the highest liquidity injected by the...

May 29, 2018 no comments 1130
Department of Urban Planning and Municipalities announces the opening of Hudayriat Recreational Beach, located on the 3,000-hectare Hudayriat Island The Department of Urban Planning and Municipalities (DPM) has announced the opening of Hudayriat Recreational Beach, located on the...

May 29, 2018 no comments 1073
UAE Fuel Price Committee announces increase of nearly 6% for Special 98, Special 95 and diesel Petrol prices are set to rise again in June, according to an announcement by the UAE Fuel Price Committee. Emirates National Oil Company published a tweet on Monday citing the Committee's...

May 29, 2018 no comments 1244
Construction cost increasing at a slower pace in relation to material cost, according to Colliers Middle East The cost of construction in the United Arab Emirates is forecasted to not go above 1.8 percent in the next 12 months, despite the upward trend in construction material costs,...

May 29, 2018 no comments 1246
Real Estate Self Transaction platform announced to conduct real estate trading and transactions with multiple parties anywhere and anytime Dubai Land Department (DLD) has announced plans for the Real Estate Self Transaction (REST), a platform for conducting real estate trading and...

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