They must also verify ownership of the project and pay its value in full, says regulator UAE - In response to recent media reports, the Dubai Land Department (DLD) has confirmed that developers only need to deposit 20 per cent of the project’s value in escrow ahead of launching off-plan...

Abu Dhabi continues experiencing a higher decline both in rents and sales prices UAE - 2018 is set to be another favourable year for tenants with rents predicted to drop as a result of the sheer amount of supply projected for delivery this year. According to Asteco, 23,000 apartments...

The smart dog can not only produce sounds but it also has a sound input so it can understand when people talk to it. UAE - The smart dog can identify people from a long distance and warn the house owner and police. Move over K9 dogs. The Dubai Police display Home Security Smart Dog...

90 projects were completed in Dubai in 2017 UAE - The Dubai Land Department said that 90 projects were completed and 150 projects worth Dh82 billion were registered in Dubai in 2017. There is strong demand from developers to deposit the 20 per cent escrow of the value of the project...

The expansion is expected to increase the capacity of Sharjah International Airport to 20mln passengers by 2027. UAE - A new arrival terminal equipped with smart self check-in kiosks and advanced parking facilities will be opened to passengers soon, a top official at Sharjah International...

Due to open in 2019, the project will be built by Ghantoot Gulf Contracting Nakheel has awarded a $21.7m (AED79.7m) construction contract for The St Regis Beach Club on Palm Jumeirah. Ghantoot Gulf Contracting has been named to build the facility, according to Construction Week....

Dubai's annual inflation rate rose to 2.7%, from 1.5% in December, was relatively modest. DUBAI - Dubai consumer inflation rose only moderately in January when the United Arab Emirates introduced a 5 percent value-added tax, as authorities look to balance a need to increase state revenues...

Officials also reveal that third site of the Food Bank will be inaugurated soon in Al Muhaisinah The UAE Food bank will collect display food items at the end of the Gulf Food Exhibition and distribute them to needy people through authorised charity organisations in the country. The...

Campaign stars comedian Badr Saleh and draws on experiences that almost every Saudi traveller can relate to Emirates has launched its first bespoke campaign for Saudi Arabia with a series of short videos interlacing comedy to address the pain points of travel. The campaign stars...

Gulf state is ranked 21st globally in new list published by Transparency International The UAE has ranked as the Middle East’s least corrupt country, and the world’s 21st cleanest country, according to a new global study. The UAE scored 71 out of 100 in the 2017 Corruption...