Value is derived by the agreement of a willing buying and seller in an arm's length transaction. However, what if a buyer is willing to pay more directly to a developer, who is willing to sell for more? What if many buyers are willing to pay more in the primary market while the secondary market...

Dubai Airports is open to the possibility of increasing direct links with airports in Abu Dhabi, as part of general discussions to enhance aviation ties between the neighbouring emirates, the company’s CEO said on Tuesday. The president of Dubai’s Emirates airline, Tim Clark, told Reuters...

ADNOC will remain wholly owned by one single shareholder – the Abu Dhabi government Abu Dhabi National Oil Co (ADNOC) is considering an initial public offering of minority stakes in some of its services, its chief executive Sultan Ahmed Al Jaber said on Tuesday. “Strategic...

Ahmed bin Sulayem argued the UAE’s good and diamond market could be severely damaged by the new tax The executive chairman of Dubai Multi Commodities Centre (DMCC) has urged the UAE’s tax authorities to act cautiously when implementing VAT, or risk toppling the country’s gold and diamond...

The apartment rental rates across Dubai, UAE, were down 4 per cent and the sales remained flat during the third quarter as new supply added pressure to the emirate's rental market, said leading real estate consultancy Asteco. However the year-on-year (y-o-y) rental declines plunged 12 per cent...

Trial is the result of customer demand from business travellers for no bag fares on key GCC routes Abu Dhabi’s Etihad Airways is testing a new hand baggage-only ‘Deal Fare’ on two key routes from October 18 to December 18, allowing travellers to purchase lower fares in Economy Class if no...

Registration portal set to launch on October 20 for people wanting to be the 'face' of global event Expo 2020 Dubai has launched its search for more than 30,000 volunteers who will be the "face" of the largest global gathering ever to be staged in the Middle East, Africa and South Asia....

Azizi Developments says 30,000-home project will have 'distinctly British feel'; construction to start in November UAE-based Azizi Developments on Tuesday announced a plan to launch a new AED25 billion ($6.8 billion) mega community project in the heart of Dubai. The new project,...

City: Sharjah Industry: Construction Career: Mid Career Job Type: Full Time Gender: Male Listed: October 16, 2017 5:45 pm Expires: 359 days, 6 hours Description Following foreman are required for Bridge Projects: – General Foreman – Carpentry...

The UAE is set to introduce VAT from January 1, 2018 The UAE’s Ministry of Finance is still in the process of fixing the value added tax (VAT) rates for goods and services, it announced on Monday. The ministry is currently developing the executive regulations of VAT, said Younis Haji...