LATEST NEWS

Ajman Tourism Dept showcases emirate’s interactive digital map
February 26, 2021
In line with the UAE innovates week held from Feb.21-27, 2021, Ajman Tourism Development Department (ATDD) is showcasing an interactive digital map for the Emirate of Ajman. It provides visitors and tourists with key information on...
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UAE reports 18 deaths and 3,025 new COVID-19 cases
February 26, 2021
4,678 recoveries announced in last 24 hours ABU DHABI - The Ministry of Health and Prevention (MoHAP) announced that it conducted 195,866 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing...
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Cash in circulation outside UAE banks rises by $4.4bln in 2020
February 26, 2021
The cumulative balance of cash circulating outside the UAE banks rose by 21% year-on-year (YoY) in 2020 UAE - Mubasher: The volume of cash circulating outside the UAE banks increased by AED 16.5 billion in 2020, bringing the...
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Dubai's Majid Al Futtaim to push ahead with store openings...
February 25, 2021
Mall developer's earnings fell 19% in 2020 Dubai’s mall developer Majid Al Futtaim (MAF) said it plans to continue its expansion in the region and other markets with a slew of new store and cinema openings. The company,...
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31% of multi-millionaires in Middle East plan to buy new home in 2021
February 25, 2021
Demand likely to fuel price rises of up to 7%, says Knight Frank Home sales in the UAE and around the region are likely to get a boost this year, with about a third of multi-millionaires looking to buy a new house in 2021,...
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95% of UAE female leaders say more to be done about gender...
February 24, 2021
But they're more optimistic about recent changes than their global peers Despite clear progress and strong support from the government, 95 percent of female business leaders surveyed in the UAE indicate that there is more to...
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Boeing 777 jets grounded after fire; Emirates says fleet not using...
February 22, 2021
Engine failure spurs suspension of dozens of aircraft worldwide Emirates Airline has clarified that its Boeing 777 fleet is not using the same type of engine that caught fire shortly after take-off in the United States on...
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UAE's Tabreed likely to issue more bonds in coming years, says...
February 22, 2021
District cooling company eyes further acquisitions as developers shed non-core assets Dubai-based National Central Cooling Company (Tabreed) could issue more bonds as it looks to fund acquisitions, including the purchase of...
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Dubai's prime areas lifting real estate market
February 21, 2021
Rebound in mid-market segment pegged to follow Dubai's prime areas such as Downtown, Dubai Hills and The Palm are leading the recovery in the emirate's property market, rising up to 30 per cent in some vicinities, with the...
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UAE ranks first in Arab World for remote working, 31st globally
February 21, 2021
"Over the past year, the world has witnessed great changes brought about by repercussions from the Coronavirus pandemic, which were reflected in all aspects of life," Al Olama said DUBAI: Omar bin Sultan Al Olama, Minister of...
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