Azizi Developments, one of the leading private developers in the UAE, has announced a special sales offer for its premium residential units in Azizi Victoria, a new multiphase community living project located in the heart of Dubai at Mohammed Bin Rashid Al Maktoum City - District 7. Spread over...

A Sharjah court has adjourned until July 5 a judgment against the founder of private equity firm Abraaj and another executive for issuing a cheque without sufficient funds SHARJAH, United Arab Emirates - A Sharjah court has adjourned until July 5 a judgment against the founder of private...

Weekend to be extremely hot in the UAE. The day will be hot and hazy in general and partly cloudy. Some low clouds will appear eastward and there could be another rise in the temperatures. Light to moderate winds could blow in general during the night and Friday early morning causing...

Emaar Hospitality Group has noted that it plans to operate more hotels in Sub-Saharan Africa, one of the key growth markets. Dubai – Emaar Hospitality Group, a subsidiary of Emaar Properties, on Wednesday announced signing a partnership agreement with the Dubai-based Kalyan Group to expand...

The project is part of 10X initiatives of Dubai Aviation Engineering Projects (DAEP). Dubai Aviation Engineering Projects (DAEP) has introduced new projects aimed at developing the aviation industry under the umbrella of the Dubai 10X initiative. The 'Retractable Aircraft Cabin' project...

Operator of Dubai International Airport says it expects to see more than 1.1 million travellers between July 5-8 as the summer holidays kick in The operator of Dubai International Airport says it expects more than 1.1 million travellers to visit the aviation hub between July 5-8 as the...

Eshraq Properties and Reem Investments say they were unable to agree on major commercial matters. Abu Dhabi’s Eshraq Properties has shelved plans to acquire Reem Investments after being unable to come to a suitable agreement, the companies said on Tuesday. “The strategic investment of...

Fidu Properties, one of the leading Chinese companies in the UAE property market, has announced plans to pump nearly Dh2 billion ($544 million) into Dubai's real estate sector by the end of this year. As part of its regional expansion strategy, Fidu will soon be introducing different real...

The voluntary disclosure form should not be used except for the referred cases only The Federal Tax Authority (FTA) has called on all registered businesses to use the voluntary disclosure form only in case of actual errors discovered in tax returns submitted by the taxable person, or in...

The shift towards a secondary market will continue As we get to the halfway stage of the year, what is clear is that the real estate (and the equity markets as well) market thus far remains sluggish. While the recent suite of initiatives announced have evinced excitement among investment...