Dubai World holds some of the state’s key port and free zone assets. UAE Vice President and Prime Minister and Ruler of Dubai has issued a decree naming a new board for ports and free zone holding company Dubai World for what appeared to be the first time in seven years. Under Decree...

Russian model Viktoria Odintcova has posted new images on her Instagram account, where she stars in the death defying snaps, which she her dangling perilously from a ledge on one of the world’s tallest buildings, with no safety gear in sight. Theshoot went viral last month, sparking a...

SAP, a global leader in innovative software solutions, has become Expo 2020 Dubai’s first international Premier Partner and will support the delivery of personalised experiences to millions of visitors from around the world. As Expo 2020 Dubai’s newly appointed Innovative Enterprise...

The credit rating agency Standard & Poor’s has said that it expects house prices and rents in Dubai to continue to fall throughout 2017 because of the continued fallout from low oil prices and currency woes. In a note to investors yesterday S&P forecasted that property prices and rents in...

Brigadier Al Khaili attributed the reduction to the ongoing efforts of the police and surveillance cameras installed on the roads. More than 7,000 motorists were fined in the Capital last year for driving on the hard shoulder to avoid traffic congestion. Traffic authorities said that...

City ranks 10th in a global index for high-end rentals Despite reports of a decline in rents in Dubai's mid to high-end residential segment, the city has ranked among top cities globally for luxury property rentals. Dubai is the world's 10th most expensive city for high-end rentals,...

Dubai: Dubai Police will launch an awareness campaign in schools urging pupils to avoid surfing and chatting on social media sites when they are at schools after many parents complained about the practice. They would also coordinate with the Ministry of Education to address the issue and...

The Dubai Land Department, DLD, has announced the launch of its Unified Lease Form contracts which will become mandatory for use starting in March 2017. In line with DLD’s aim to create a transparent and professional real estate market with measurable standards, the new form has been...

The Central Bank of the United Arab Emirates has issued draft rules aimed at getting banks to lend more to small and medium-sized enterprises (SMEs) after some lenders had cut their exposure to such companies or raised their charges. Some banks have had to make huge provisions in the past...

More lectures, tougher training likely for Dubai driving licence. The Dubai Roads and Transport Authority (RTA) has submitted proposals to the Ministry of Interior which, if implemented, may make the process of getting a driving licence in Dubai harder. The first is the endorsement of...