May 2017 — Topical news of the United Arab Emirates

May 2, 2017 no comments 887
Dubai Gourmet, a Meraas company, will launch its Boutique Hotel at the family lifestyle and heritage destination, Qasr Al Sultan, UAE in September. The hotel will also combine luxury and the natural elements of Dubai’s enchanting landscape, within12 spacious 100-sq-m Royal Villas designed to...

May 2, 2017 no comments 879
Dubai-based building company Drake & Scull International PJSC (DSI) is owed millions of dollars in unpaid fees for work it has done in Saudi Arabia. Therefore, it is no surprise that after reporting a 2016 loss of 815.3 million UAE dirhams ($222 million) and launching a restructuring plan...

May 2, 2017 no comments 875
Abu Dhabi-based real estate developer Aldar Properties PJSC is expected to issue and award main construction tenders for four of its developments in the second half of this year, a company executive said. Aldar announced in March that it had completed a 3 billion UAE dirham ($816.8 million)...

May 1, 2017 no comments 1159
ABU DHABI // Taxi fares in the capital remain among the lowest of major cities of the world despite a price rise, the head of Abu Dhabi’s taxi regulator said on Monday. Mohammed Darwish Al Qamzi, general manager of Abu Dhabi Integrated Transport Centre (formerly called TransAd), said the...

May 1, 2017 no comments 1017
The site only said it was acquired by a “large regional business” Dubai-based e-commerce platform JadoPado has been acquired by a “large regional business”, it confirmed on Monday. In a statement sent to its users, the site declined to disclose who it was acquired by and the...

May 1, 2017 no comments 1046
“We need to reflect on strategies, not barriers, and our regular panels provide an important platform for facilitating bold action" The glass ceiling preventing women from advancing in their careers is “outdated,” according to Dubai Business Women Council (DBWC) president Dr Raja Al Gurg....

May 1, 2017 no comments 927
Apartment and villa rentals in Dubai, UAE fell an average of 8 per cent year-on-year during the first quarter of the year tenants remained budget-conscious, taking advantage of additional supply and competitive rates, a report said. In contrast, sales prices in communities with good...

May 1, 2017 no comments 1193
Asteco report says rents plummet 7% in first three months of 2017, down by 14% annually Dubai tenants remained budget-conscious, taking advantage of additional supply and competitive rates to relocate to new properties or negotiate existing contracts, placing downward pressure on rental...

May 1, 2017 no comments 901
"A fun way to explore quintessential British tourist activities, and work out how much you could save on holiday" Richard Branson’s Virgin Atlantic has introduced a Brexit calculator game to help UAE residents save money on UK trips. The dirham is at a record high against the pound...

May 1, 2017 no comments 936
Expo 2020 Dubai is committed to supporting the small and medium enterprises (SMEs) across the region as part of its plans for a long lasting economic legacy with construction contracts worth more than Dh2 billion ($544 million) to be awarded to the sector. Last year, it announced that 20...

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