Naaman Atallah is recruited from fellow state developer Dubai Properties DUBAI - Dubai state developer Nakheel has appointed Naaman Atallah as its new chief executive, it said on Sunday, filling a position that had been left vacant since Sanjay Manchanda stepped down in March....

Index, which will act as a reliable source of data for use by investors, agencies, and institutions Dubai Land Department (DLD) has signed a memorandum of understanding (MoU) with Jones Lang LaSalle (JLL), a leading professional services firm that specialises in real estate and...

The report noted that the pandemic has changed preferences from living to shopping as people choose bigger and more open spaces to live in Property prices continued to decline in Dubai and Abu Dhabi in the third quarter even as market activity and consumer confidence gained traction...

The teams at Etihad Guest and El Al Matmid loyalty programmes will explore reciprocal “earn and burn” opportunities for its members Etihad Airways, the national airline of the UAE, and El Al Israel Airlines, the national carrier of Israel, signed an MoU on Thursday, November 19, to...

Several Covid-19 preventative measures will be in place for visitors, Emaar has stressed Dubai developer Emaar has confirmed that the Burj Khalifa will have a fireworks and light and laser show to celebrate New Year’s Eve. The show at the world’s tallest building in Downtown Dubai...

Q1 of 2020 saw a significant growth in the value of the precious metal reserves, which surged by 47% ABU DHABI - The value of Gold reserves held with the Central Bank of the UAE (CBUAE) rose by 121 pct in September 2020 to AED8.961 billion when compared to December 2019....

During the period between September 2019 and September 2020, the total assets of banks operating in the UAE increased by 7.6% ABU DHABI - At the end of the third quarter of 2020 total assets of banks operating in the UAE increased by 2% (q-o-q), reaching AED3,252.5 billion, the Central...

The UAE is leading the Middle East and North Africa (Mena) region’s Fintech market reaching a record-high of $2.5 billion by 2022. Regional and multi-national financial institutions are rolling out digital platforms to transform customer experiences, optimize costs, and meet data...

KIKLABB and NY Koen Group want to help increase cultural understanding, foreign investment and business development between the countries Dubai-based KIKLABB and NY Koen Group have announced a partnership that aims to facilitate cultural understanding, foreign investment and business...

The Economist Intelligence Unit said supply chain issues, currency exchange rates and lifestyle changes are among reasons for the shift Zurich, Paris and Hong Kong are now the most expensive cities by cost of living, overtaking Singapore and Osaka, Japan, after the COVID-19 pandemic...