Real Estate Investment Opportunities initiative aims to attract 'a larger segment of investors, both inside and outside the UAE' Dubai Land Department (DLD) on Tuesday announced the launch of a new initiative which aims to attract a wider range of real estate investors to the emirate....

Unveiling of the REIOs reflects the positive impact of innovative ideas in the real estate sector The Dubai Land Department (DLD) has announced the launch of the Real Estate Investment Opportunities (REIOs) initiative aimed at helping increase the share of investors in Dubai’s real...

There has been a shift from an investor-led market to an owner-occupied market, with more end-users buying to live in the property The reduction in UAE property prices over the past few years has made home ownership more affordable, a fact also borne out by reductions in the average...

122 economic activities across 13 sectors were specified to be eligible for up to 100 percent foreign ownership such as renewable energy, space, agriculture, and manufacturing Industry ABU DHABI: The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice...

Exchange is also planning a platform for real estate investment trusts, Hassan Al Serkal says The Dubai Financial Market (DFM) has a healthy level of initial public offerings (IPOs) in its pipeline and expects its new real estate investment trust (REIT) platform to have promising...

A 3-day mourning period has been announced SHARJAH: The Court of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Tuesday mourned the death of Sheikh Khalid bin Sultan bin Mohamed Al Qasimi, the son of His Highness the Ruler of Sharjah, who...

Plans by RTA will see a split between hybrid and electric vehicles Ninety percent of limousines in Dubai will be environmentally friendly vehicles by 2026. According to the plan from the Roads and Transport Authority, 65 percent of the emirate’s limousine fleet, which includes...

The Alamo BBQ Brunch in The Blacksmith Smokehouse is more about sharing good food and enjoying a chilled out vibe As a novice long distance runner, I'm well versed in the saying'it's a marathon, not a sprint'. Sadly, this has not converted to the Dubai brunch scene. A perfect...

Special Olympics World Games 2019 was staged in Abu Dhabi in March The Special Olympics World Games 2019 generated AED957 million ($260.58 million) in revenue for the United Arab Emirates when the event was staged in March, . The report by consultancy firm PwC Middle East...

The move will end the prospect of its Oman-listed majority owner listing Topaz in London Dubai’s DP World has confirmed it is in "advanced discussion" to take over Topaz Energy and Marine in what is understood to be a deal worth $1.3 million. Reports had suggested the deal could...