LATEST NEWS

Dubai's RTA, Careem to launch Hala service in September
July 21, 2019
About 50% of the RTA's taxi fleet in Dubai will be bookable on the Careem App under new joint venture The Roads and Transport Authority (RTA) and Careem on Saturday announced the launch of their taxi e-hailing service in...
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Average Dubai house price falls to $670,000 in June
July 20, 2019
New Property Monitor research says Dubai property prices have fallen by $10,000 on average since April The average house price in Dubai has fallen to AED2.46 million ($670,000) in June, a decrease of $10,000 in the past two...
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Abu Dhabi relaxes licence restrictions to spur industrial growth
July 20, 2019
Abu Dhabi Department of Economic Development issues new resolution to allow industrial companies to add commercial and service activities to licence Abu Dhabi has announced an easing of licence restrictions on industrial...
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Work starts on $41m Al Ain Zoo upgrade project
July 20, 2019
Musanada says construction has started on reptile park, elephant safari, gorilla sanctuary and sand cat conservation exhibit Abu Dhabi General Services Company (Musanada) has started construction of four development projects...
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Sharjah real estate transactions hit $4bln in H1
July 20, 2019
Attractive terms, sustainability among key factors luring more investors in emirate UAE - The value of real estate transactions in Sharjah in the first half of 2019 was recorded at Dh14.7 billion, driven by GCC nationals and...
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Dubai initiatives set to bolster office rental market, says JLL
July 19, 2019
Co-working space in Dubai is expected to grow, driven by demand from entrepreneurs and SMEs Office space tenants can increasingly expect landlords to offer appealing terms from landlords in Dubai as sentiment in the office...
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Abu Dhabi hotels set to post highest June occupancy for five years
July 19, 2019
STR's preliminary June data for the UAE capital indicates high performance due to double-digit demand growth Hotels in Abu Dhabi are set to post the highest absolute occupancy level for June for five years. STR’s...
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Citymax opens first ladies-only floor at Dubai hotel
July 19, 2019
Floor of hotel rooms dedicated to female guests is available at the newly opened Citymax Hotel Al Barsha Citymax Hotels, the mid-market hotel brand, has announced the opening of a ladies-only floor, at one of its Dubai...
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Revealed: which job sectors are booming in Saudi Arabia, UAE
July 19, 2019
Technology and tourism jobs in Saudi Arabia saw strong growth in the second quarter of 2019, according to new report Technology and tourism jobs in Saudi Arabia saw strong growth in the second quarter of 2019, according to the...
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UAE's bank assets total $457bln in H1 2019
July 19, 2019
Loans also witnessed growth ABU DHABI- Total assets of the UAE’s six national banks totalled AED1.68 trillion in the first half of 2019, an increase of AED170 billion, or 11.2 percent, compared to AED1.51 trillion in the same...
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