March 2018 — Topical news of the United Arab Emirates

March 8, 2018 no comments 1066
Cluttons says office rents in Dubai have continued to moderate during early 2018 Office rents in Dubai have continued to moderate during early 2018 as occupiers "rightsize" to suit their business needs, against the backdrop of rising inflation and global economic factors, according to a...

March 8, 2018 no comments 1045
Freight volumes increase 4.4% year-on-year in January, the slowest growth of all regions, says IATA Middle Eastern carriers’ freight volumes increased 4.4 percent year-on-year in January, the slowest growth of all regions, according to the International Air Transport Association (IATA)....

March 8, 2018 no comments 1195
The halal chain project is the first digital chain to include companies in the halal sector The International Center of Islamic Economy (ICIE) and the Dubai Airport Freezone Authority (DAFZA) have launched the Halal Digital Chain project and Blockchain Forum in a bid to modernise the UAE’s...

March 8, 2018 no comments 1182
Agreement will see forthcoming Masameer animation feature film being shown across the Middle East VOX Cinemas, the largest cinema operator in the MENA region, has signed an exclusive distribution deal with Myrkott, the Saudi production company behind YouTube animated hit Masameer....

March 8, 2018 no comments 938
Developer says new residential project will feature more than 460 apartments Dubai-based developer Danube Properties has announced the launch of its 10th project called Jewelz. The AED300 million ($81 million) project has been announced following the sales success of its previous...

March 8, 2018 no comments 1113
Zaha Hadid Architects will design the Central Hub, the centrepiece of Aljada ARADA has announced that one of the world’s most prominent architecture practices, Zaha Hadid Architects, will design the Central Hub, the centrepiece of Aljada, the developer’s new Sharjah mega project....

March 8, 2018 no comments 1043
Abu Dhabi boasts the highest number of households earning more than $250,000 in the Middle East with 270,686, said The Wealth Report, launched today, by Knight Frank. This number is forecast to grow seventh fastest globally to 426,890, overtaking London’s 382,807 by 2027, the report said....

March 8, 2018 no comments 1166
Arabtec Holding, a leading contractor for social and economic infrastructure, said that its wholly owned subsidiary Arabtec Construction has been awarded a Dh424 -million ($115.4 million) contract from Damac Properties for the construction of 916 villas in the Akoya Oxygen master development....

March 8, 2018 no comments 1000
Dubai’s overnight visitors were the biggest spenders, with a total expenditure of $28.5 billion, according to Knight Frank City Wealth findings. New York was in the second place, with visitors notching up a $17 billion spend. In terms of average overnight visitor spend, Melbourne was...

March 8, 2018 no comments 925
DIC’s integrated network of 1,600 business partners spanning across various industries. Members of the Dubai Internet City, DIC, community have collectively attracted Dh7.8 billion ($2.12 billion) in funding since its launch, said the largest technology business hub in the region....

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