Villa prices have reached pre-pandemic levels, but apartments have not, says consultant Villa prices in Dubai have reached pre-pandemic levels and are inching towards their 2014 peak, but capital gains are slowing down, according to ValuStrat. In its November 2021 Dubai...

The UAE Central Bank imposed administrative and financial penalties on a bank in the UAE for breaching the Anti-Money Laundering law. The decision was taken in accordance with the provisions of Article 14 of the Decree No.20 of 2018 on Anti-Money Laundering, combating the financing of...

Economic growth will increase to 6.5% in 2022 after growth of 1.7% in 2021 The UAE economy will grow by 6.5 percent in 2022, meaning it will reach its pre-pandemic level in the first quarter, according to forecasts by the ICAEW. Higher oil output, loosening of the COVID-19...

Her Highness Sheikha Fatima Bint Mubarak, Chairwoman of the General Women's Union (GWU), President of the Supreme Council for Motherhood and Childhood, and Supreme Chairwoman of the Family Development Foundation (FDF), the Mother of the Nation, was named the most influential figure in women’s...

Chairing the last cabinet meeting scheduled for 2021, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE has accomplished, in a short period of time, major achievements, assumed leading global ranks in various...

FAHR confirmed that it has updated the information management system in federal government (Bayanati) DUBAI- The Federal Authority for Government Human Resources (FAHR) today issued a circular to all federal ministries and authorities related to the implementation of the new working...

Sales growth climbs to highest in 28 months, led by travel and tourism Dubai’s non-oil private sector in November saw business activity rise the strongest in nearly 20 months, as the emirate benefited from a rebound in international travel and higher client demand on account of Expo...

In a global survey of 9,900 digital workers, the latest episode of the BCG Decoding Global Talent series, Dubai and Abu Dhabi moved to sixth and ninth places, respectively, in the list of the 10 most attractive cities for digital talent in the world. Dubai advanced 6 places, Abu Dhabi...

Passengers who follow the instructions will receive additional airline miles as a reward UAE - Etihad Airways on Thursday advised travellers to use its new early check-in facility at Abu Dhabi International Airport to avoid queues and save time ahead of the busy travel season. Abu...

The Central Bank of the United Arab Emirates announced in a circular to banks, informing about the official weekly holiday for the banking sector. It said that all banks operating in the country must open their branches to provide services to the public for at least five hours a day...