Agreement with Izdihar Real Estate Fund comprises the acquisition of Binghatti Vista and Binghatti Sapphires Dubai-based Binghatti Developers has signed its first sales agreement with Izdihar Real Estate Fund, managed by Bank Muscat, worth AED200 million ($54 million). The...

UAE's Minister of Finance says new public debt legislation will 'will have substantial returns' for the country The UAE on Saturday issued a new law permitting the federal government to begin issuing sovereign debt. Abu Dhabi and Dubai already sell bonds in international markets...

New Dubai distribution centre boasts a dedicated area for third-party logistics with this service expected to be fully operational by May 2019 UAE-based Truebell, an importer of fast-moving consumer goods (FMCG), has opened a new distribution centre in Dubai Industrial Park (DIP), with...

Concerns about potential oversupply in the Dubai market could be far off the mark, says Property Finder Dubai may be suffering from an undersupply of property despite concerns to the contrary, according to UAE-based real estate portal Property Finder. Based on figures from Dubai...

Company behind designs for iconic projects such as Wembley Stadium, Emirates Stadium has expanded with new office in Dubai Populous, the global architecture and design practice renowned for iconic projects such as Wembley Stadium, Emirates Stadium, Royal Ascot racecourse, The...

Driverless taxi will be run on dedicated routes at the Dubai Silicon Oasis and is equipped with cameras and sensors to avoid collisions Dubai's transport authority is set to unveil the region's first autonomous taxi at GITEX 2018, the technology exhibition taking place in the emirate...

New accommodation at Address Montgomerie is classified under three categories - Golf View, Courtyard View, Junior Suite and the Montgomerie Suite Address Montgomerie, the luxury boutique golf retreat located in the heart of Emirates Hills in Dubai, has unveiled its newly renovated...

Popular eatery and global brand wagamama reveals plans to open its first restaurant in Abu Dhabi on October 31 Popular eatery and global brand wagamama has announced plans to open its first restaurant in Abu Dhabi. The restaurant at Abu Dhabi Mall will be launched on October 31,...

The taxi service to the orbiting International Space Station is taking no passengers until further notice The taxi service to the orbiting International Space Station is taking no passengers until further notice. Neither the United States nor Russia will be able to send astronauts...

Investments by GCC countries in state-of-the-art labs, university buildings, and research facilities are set to reach more than $38bn by 2030 Investments by GCC countries in state-of-the-art labs, university buildings, and research facilities are set to reach more than $38 billion by...