New hotel openings set to pick up next year as businesses, tourists return to action Following delays in the openings of a number of hotels this year, new supply in the UAE is set to pick up in 2021 ahead of Dubai Expo in order to meet demand stemming from the growth of local and...

Dubai Electricity and Water Authority has announced a rise in the peak load of electricity to 9074 MW in Dubai this year DUBAI - Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority, DEWA, has announced a rise in the peak load of electricity to 9074 MW in...

This investment further underscores Waha Capital’s strategy of investing in companies that have strong growth potential and are market leaders in their segments ABU DHABI – Waha Capital PJSC, a leading investment company in Abu Dhabi, has announced an investment of AED 184 million (US$...

Holders of expired residency visas should renew their visas before exiting the country if they wish to return to the UAE DUBAI - The Government of Dubai Media Office, GDMO, has launched #AskDXBOfficial, an initiative that gives the public and the media a chance to ask questions to...

Dubai also saw an increase in visitors from three source markets, which were the guests coming from Russia, Saudi Arabia, and France Dubai's real estate sector witnessed the completion of an estimated 14,000 residential units in the first six months of 2020 - or 30 per cent of the...

Salem Al Zaabi, Acting Director of the Federal Emergency, Crisis and Disasters Prosecution said, “The penalties list for coronavirus violations are still in effect, and we bet on the awareness of community members in dealing with the situation.” UAE National Crisis and Emergency Management...

The sum comes as a result of the bank's commitment to offer 50% rebate on the merchant service fee charged to SME customers for credit card transactions during the three-month period between April to June 2020 First Abu Dhabi Bank (FAB) is disbursing nearly Dh4 million in rebates to...

The Judicial Department in Abu Dhabi revealed that the number of labourers who received their dues in collective cases by moving to the mobile court amounted to about 53,000 workers, while the value of their dues reached Dhs577,218,466. The cases were dated from the beginning of 2019 until...

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, congratulated the nation on the New Hijri Year. Sheikh Rashid tweeted, “We congratulate the people of the Emirates and the Islamic nation on the occasion of the new Hijri year. A year...

Oversupply eases during coronavirus pandemic, as new project launches on hold The coronavirus pandemic has somewhat eased Dubai’s oversupply problems, but the months ahead will remain tough for the emirate’s real estate market, a top developer said. Hussain Sajwani, the founder...