Expats become homeowners, thanks to low interest rates, higher LTV More buyers have poured into the UAE property market this year, with some of the UAE’s leading real estate developers generating billions of dirhams in sales recently. Aldar, the biggest property firm in Abu...

Ports company said it had entered a strategic partnership with Fakeeh University Hospital Dubai’s DP World will expand its presence in the healthcare sector by managing the logistics and supply chain needs of Saudi-backed Fakeeh University Hospital, the ports company revealed today....

ADGM names Mark Nicholas Cutis as CEO of ADGM Authority Abu Dhabi Global Market (ADGM), the international financial centre in the emirate, has approved setting up the ‘ADGM Authority’ and named Mark Nicholas Cutis as its chief executive officer. The new authority will play a...

The Dubai Criminal Court has sentenced an African gang of 8 men to 5 years jail-term and a Dhs4 million fine, for robbing two company employees at knifepoint while they were heading out of a bank. The case dates back to last October, when the two victims filed a robbery report,...

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, witnessed the signing of an agreement between the Road and Transport Authority (RTA) and Cruise, a leading US-based autonomous vehicle company. As part of the agreement Cruise...

A new observation deck has opened on The Palm Jumeirah island in Dubai. A new observation deck, The View at The Palm, has opened in The Palm Tower under construction on the island of The Palm Jumeirah. The site is located at an altitude of 240 meters above the ground, on the 52nd floor...

Much to his surprise, the Tourist Police Department of the General Department of Criminal Investigations at Dubai Police handed a tourist his wallet, which contained 7 credit cards, before boarding the plane at the Dubai International Airport. The wallet fell out of his pocket in a taxi 3...

Bloomberg noted that a final agreement is yet to be reached between the two parties Abu Dhabi sovereign investor Mubadala Investment Co is in talks with a lead member of a US-based consortium investing $12.4 billion in Saudi Aramco’s oil pipelines, Bloomberg reported, citing a...

His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has commended the great role played by the General Directorate of Residency and Foreigners Affairs (GDRFA) in preserving the history of UAE and organising the registration of citizens and...

Developer says its grateful to shareholders' continued support Dubai developer Emaar Properties will distribute 10 percent dividend to its shareholders, the company confirmed on Sunday. The developer said it approved the proposal to distribute the payout during its annual general...