5G networks are expected to come online in the GCC region by 2020 A 5G enabled digital boom in industries across the GCC is expected to generate around $28 billion in revenues by 2023, a new report has found. According to Ericsson’s November 2017 Mobility Report, the fifth generation...

Dubai Customs hopes to better cater to the needs of the Japanese business community Dubai’s non-oil foreign trade with Japan totalled $8.4b (AED31b) during the first nine months of 2017, compared to $11.9b (AED44b) during the same period in 2016, according to director of Dubai Customs...

Transport: flying into the future of aviation 2017 brought its share of opportunities as well as curveballs. Our operations were challenged by short-notice changes to entry requirements into the US, the cabin electronics ban, updated security measures, and continued capacity challenges at...

Residential buildings totaled 951, accounting for 87 percent of completed buildings ABU DHABI: A total of 1104 buildings have been completed in the Emirate of Abu Dhabi during Q3 2017, a growth of 3.6 percent from 1066 buildings during corresponding period 2016, in a yet a fresh sign...

Total bank deposits increase by Dh32 billion in November 2017 Lending by UAE banks increased month on month in November 2017, reflecting increased economic activity in the country. According to the UAE Central Bank's figures, gross credit increased 0.7 per cent, rising from Dh1.584...

The month-long annual event, taking place until January 28, 2018, will feature mega raffles. With mega sales and one-of-a-kind outdoor markets, spectacular fireworks and a scintillating performance by Egyptian megastar Mohamed Mounir, 23rd edition of the Dubai Shopping Festival officially...

Off-plan projects now account for approximately 78 per cent of total real estate market transactions in Dubai While off-plan was king in the Dubai real estate market in 2017, secondary market sales are likely to take centrestage next year, say market stakeholders. Buyers are unlikely to...

UAE’s general trade volume kept increasing during the first six months of 2017 ABU DHABI: Preliminary statistical data of the Federal Customs Authority, FCA, revealed that the UAE’s general trade volume from January to the end of June 2017 amounted to AED784 billion ($213bln), compared to...

The move comes after an outbreak of bird flu in the city's Azizia market. The UAE has banned poultry meat from the Saudi capital of Riyadh after being notified of an outbreak of highly contagious bird flu in the city's Azizia market, the UAE Ministry of Climate Change and Environment...

Statistics from EY show that occupancy rates and average daily rates both fell in nearby Dubai. Hotel occupancy increased by 8.9 percent in Abu Dhabi in October compared to the same time period the year before, according to new statistics from EY. According to EY’s October 2017 MENA...