LATEST NEWS

Dubai to spend over $75.4m on landscaping projects for Expo 2020 site
August 19, 2019
Dubai Municipality has delivered 863,117 plants ahead of October 2020 launch The cost of Dubai Expo 2020’s irrigation and landscaping projects is expected to be over AED277 million ($75.4m). Taleb Abdulkareem Jilfar,...
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UAE banks' exposure to real estate declines
August 19, 2019
According to Central Bank data, the growth of residential mortgage loans remained strong at 9.2 per cent during the year Growth in the UAE banking sector's loan exposure to the real estate sector nearly halved to 8.5 per cent...
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UAE entrepreneurs brew success with specialty coffee shops, but...
August 19, 2019
Customers' demand for a greater variety of coffee and more information about coffee sourcing has fueled the rise of specialty coffee shops Homegrown specialty coffee shops are springing up across the UAE as entrepreneurs bet...
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UAE tax authority launches new electronic system to register excise...
August 18, 2019
FTA explained that the new system offers accurate and transparent procedures for registering excise goods with clear guidelines The Federal Tax Authority, FTA, has launched a new electronic system for registering excise goods...
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Dubai job seekers compete against overseas candidates
August 18, 2019
Emirate among top cities, where people from other parts of the world want to relocate to UAE - Since the UAE's job market is highly competitive - with people jockeying for position not just locally but also regionally and...
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How Expo 2020 will change Dubai
August 18, 2019
Residents share their expectations just 14 months before the mega event that will shape Dubai of future UAE - With a little over 14 months to go before the 'world's greatest show' opens to all, residents across the UAE have...
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Celebrity Cruises to pull ship from Dubai in 2020
August 18, 2019
Celebrity Constellation was due to sail itineraries in Dubai and India in 2020-21 but it will now be redeployed to Florida Celebrity Cruises, a subsidiary of Royal Caribbean Cruises Ltd, has announces plan to pull out of Dubai...
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Dubai attracts 8.36m tourists in first half of 2019, up 3%
August 18, 2019
India is Dubai's largest source market with 997,000 visitors despite severe air traffic and seat capacity challenges during H1 Dubai welcomed 8.36 million international overnight visitors in the first six months of 2019, up 3...
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UAE pharma giant posts $26m loss as Saudi ban weighs
August 17, 2019
CEO of Gulf Pharmaceutical Industries reports 'disappointing' second quarter net loss, remains cautious in outlook Gulf Pharmaceutical Industries, one of the largest pharmaceutical manufacturers in the Middle East and Africa,...
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Dubai Mall's dinosaur skeleton to be auctioned online
August 17, 2019
Diplodocus skeleton, which was installed in Dubai Mall in 2014, to be auctioned online with bids starting at just under $4m A massive 155 million-year-old dinosaur skeleton will be for sale as Emirates Auction organises the...
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