With the fall in consumer spending due to introduction of VAT and reduction in subsidies, retailers have also started emphasising on improving efficiencies, according to Alpen Capital report Majid Al Futtaim (MAF) Properties, owner and operator of region's major shopping malls such as...

Union Coop reveals investment plan as it reports a 16% increase in third quarter net profit Union Coop, the largest consumer cooperative in the UAE, plans to invest more than AED2.1 billion ($570 million) over the next four years in new retail projects. The investment plan was...

Dubai airline says it has been working with academics and its industry partners in aviation and aerospace to create informative and thought-provoking experiences Emirates has lifted the lid on the futuristic, interactive technologies and experiences in store for visitors at its Expo...

Official figures reveal a 4.3% rise in tourists visiting Dubai during the first nine months of 2019 A surge in arrivals over the summer months accelerated Dubai’s tourism momentum, as the city welcomed 12.08 million international overnight visitors in the first nine months of 2019,...

Aman system will help enhance the emirate's fire prevention capabilities and implement the best industry practices to build a safe and risk-free society UAE - All buildings in Sharjah will be linked to Aman - the advanced fire-detection system - by mid-2020, according to a top official...

UBS and PwC Billionaires Insights report reveals there were seven billionaires in the UAe in 2018, unchanged from previous year The number of billionaires living in the UAE remained unchanged in 2018 compared to the previous year, a new report has revealed. In the UAE, there were...

Nakheel Mall, located in the heart of Palm Jumeirah, will open on Thursday, November 28. Tourists expect a huge set of events and promotions, especially since the opening is timed to the weekend of the national day of the UAE. The new centre has five levels of retail with over 300 shops,...

2019/2020 season is expected to welcome more than 200 ship calls and follows a successful 2018/2019 cruise season Dubai is seeking to attract 1 million cruise visitors for the first time as the 2019-2020 season gets underway. The 2019/2020 season is expected to welcome more than...

The consortium is led by Saudi-based ACWA Power and Gulf Investment Corporation Dubai Electricity and Water Authority (DEWA) selected a consortium to build and operate the Mohammed bin Rashid Al Maktoum Solar Park (MBR Solar Park). The consortium is led by ACWA Power and Gulf...

According experts, with the spending power of the growing ageing population expected to reach $15 trillion by 2020, global investors must use opportunity to tap the potential properly UAE - The retirement visa initiative by the UAE Government announced in 2018 is a great example that...