Luxhabitat says Dubai prime residential market in first quarter of 2019 grows 44% to more than AED10.6 billion The most expensive luxury home sold during the first quarter of 2019 in Dubai was a Palm Jumeirah villa which sold for AED50 million ($13.6 million), Luxhabitat has revealed....

Ground-breaking ceremony takes place in Dubai to celebrate the start of construction on Campus Germany Construction has started on Campus Germany, the country's pavilion at Dubai Expo 2020 after officials held a ground-breaking ceremony. While the ground was being broken in the...

Executive Committee of the UAE-Saudi Coordination Council has announced the launch of seven joint committees The Executive Committee of the UAE-Saudi Coordination Council has announced the launch of seven joint committees as part of the two countries' closer ties. The committees...

Developers must engage with software-led building automation systems right from the onset of the design phase The UAE's real estate sector has witnessed massive growth over the years and this rapid development has called for adoption of latest technologies that will help the builders,...

Proceeds from the Hatta Women’s Kayak Challenge will go to Al Manal Humanitarian Initiative’s 'teacHER' campaign DUBAI – The Women’s Sports Committee of Dubai Sports Council (DSC) has announced the launch of yet another initiative exclusive to women - the Hatta Women’s Kayak Challenge,...

W Motors CEO Ralph Debbas said Formula E is 'more exciting' than 'monotonous' Formula 1 Dubai-based car manufacturer W Motors is considering the formation of its own electric-powered car racing team for Formula E by 2020, according to the company’s founder and CEO Ralph Debbas. W...

Dubai-based airline is converting 10 Boeing 777-200LR aircraft from three to two class cabins featuring wider business class seats and a fully refreshed economy class cabin Emirates Airline has announced that it completed the reconfiguration of its last Boeing 777-200LR aircraft...

UAE rentals and property prices maintained their downward trend in the last quarter The UAE's real estate continued to witness strong supply of new residential units as 10,300 new villas and apartments were delivered in Dubai and Abu Dhabi in the first quarter of 2019, according to a...

Egypt blue-chip index falls for 3rd session Abu Dhabi's stock market rose to a near five-year high on Monday, lifted by First Abu Dhabi Bank, while petrochemical stocks led gains on Saudi Arabia's main index. The Abu Dhabi index was up 0.9 percent after hitting its highest since...

Report commissioned on Expo impact by EY finds over 50 percent of the economic impact to be felt after the event The legacy phase of Expo 2020 Dubai is expected to inject nearly 62.2 billion UAE dirhams ($16.9 billion) into the UAE economy between 2021 and 2031, according to a report...