Consultants JLL believe that the move will lead to an upswing in investment The $13.6 billion (AED 50 billion) economic stimulus package announced for Abu Dhabi earlier this year will help the emirate’s real estate sector by reducing costs for developers and promoting partnerships between...

Opening a bank account for UAE startups can take up to three months making it difficult to begin commercial operations, according to the survey by Dubai Chamber and Ministry of Economy Almost two thirds (65 percent) of UAE entrepreneurs believe that banking is the biggest challenge they...

The net balance measure for business lending rose to plus 11.8 in April-June from plus 4.6 in the previous quarter DUBAI: Demand for business loans in the United Arab Emirates rose moderately in the April-June quarter while demand for personal loans rebounded slightly after dropping in the...

Agreements cover areas including Al Saadiyat Walk, Jawher Al Saadiyat, Leilak, Azur, and Turquoise for the construction of residential villas or property units Abu Dhabi City Municipality has signed five Real Estate Escrow Account agreements with Aldar Properties to build about 1,500...

Talks between Emirates, Etihad Airways have been facilitated by the UAE's embassy in Pretoria, according to Mahash Alhameli, the UAE ambassador to South Africa. Two UAE airlines have held talks with South African Airways about a partnership that it says is needed to revive its business,...

iJET Flight Support Services 0097145530402 703, JBC2, Cluster V, JLT, Dubai, United Arab Emirates An international trip-planning and flight management company, specializing in providing regulatory authorizations and ground support services to aircraft operators...

Industrial Capacity Cooperation Financial Group Limited is expected to manage $2bn in investment, set to start ops by the end of 2018 Abu Dhabi Global Market (ADGM) has announced the establishment of the first Chinese state-owned financial services firm to provide investment and financial...

Vedder, a unit of design firm that worked on Burj Khalifa, is awarded interior design contract for new superyacht A unit of Dubai-based Depa Limited, the interior design firm which worked on the Burj Khalifa, has won a AED74 million ($20.1 million) contract to fit-out a new superyacht....

ARADA hands the main construction award for the first four Areej Apartments blocks, based within phase 1 of Aljada ARADA has awarded the first construction contract at Aljada, its mega mixed-use project in Sharjah. The UAE developer handed the main construction award for the first four...

Al Marmoom Ultramarathon offers 270km, 100km and 50km challenges across desert terrain; will be held on December 11-15 Dubai's Al Marmoom Desert Conservation Reserve will host the world's longest desert ultra-run later this year. The Al Marmoom Ultramarathon is a 270km, 100km and 50km...