Economic recovery and rising oil prices this year are expected to support UAE property market recovery Investors in the real estate markets throughout the UAE have good reason to feel optimistic about the year ahead than one year ago. “Q4, 2020 property monitor data has been...

Businesses operating in the UAE grew to 3,899 by end of January 2021: UAE's National Economic register The total number of Gulf and foreign businesses operating in the UAE grew to 3,899 by end of January 2021, according to the UAE's National Economic register (NER). This...

We are building up capacity for future manufacturing of Covid-19 vaccine: Dr Farida The UAE is building up its capacity to manufacture the Covid-19 vaccine in the future, and the country’s position is to provide as much support as it can to the international community, said Dr Farida...

Dubai’s Roads and Transport Authority (RTA) has set speed limits for cyclists in Dubai ranging from 30km/h on dedicated lanes for amateurs to 20 km/h on lanes shared with pedestrians in urban areas. The step stems from RTA’s keenness to ensure the safety of cyclists in collaboration with...

The restructuring follows MoU with ADQ to develop $8bln of capital projects Abu Dhabi-based developer Aldar Properties has adopted a new operating model around two core businesses, it said in a statement on ADX where it is listed. Aldar Investment and Aldar Development will be led...

The move will propel the UAE to become one of the most progressive countries in the world, say business leaders The decision to grant UAE passports to individuals who can play a significant role in the development of the country has been hailed as a move towards more stability and...

Bringing the total number of deaths in the country to 850 ABU DHABI- The Ministry of Health and Prevention (MoHAP) announced that it conducted 184,260 additional COVID-19 tests over the past 24 hours, using state-of-the-art medical testing equipment. ‏In a statement on Sunday, the...

Central Bank says lenders fail to fully comply with regulations within deadline The UAE Central Bank has sanctioned 11 banks operating in the country for failure to fully comply with anti-money laundering and terrorist financing regulations. The authority on Sunday confirmed it...