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,...

Work on the Dubai Hills Mall, the trendy new retail and lifestyle destination being developed by Emaar Development, is progressing at a steady pace. With a workforce of about 5,000 on site, and more than 8.8 million manhours achieved already, about 60 per cent of the mall’s structure has been...

The UAE study was part of a comprehensive global study based on the insights of over 18,000 business people across 96 companies. Flexible working arrangements are no longer just for start-ups as the greater UAE business sector is learning More than half of UAE employees work remotely...

Only 37% of users in the UAE manually back up the files and data on their main smartphone at least once a week Storage appears to be a real problem for many smartphone users in the UAE, with 41 per cent running out of space at least once a month and 55 per cent exhausting at least every 3...

Hotel room returns rose 3.9 per cent in Abu Dhabi and 4.8 per cent in Dubai during the monitored period Tourist arrivals in Abu Dhabi and Dubai grew 3.6 per cent during the first quarter (Q1) of the year as compared with Q1 2017, with hotel and room occupancy in both emirates rising 1.2...