Decision made as Sharjah Healthcare City Authority gives nod to plan to set up a $100m 120-bed hospital Sharjah Healthcare City Authority (SHCC) on Tuesday announced that the Abu Dhabi-based Ahalia Group has been awarded the permission to set up a $100 million 120-bed hospital in the...

Mall of the Emirates will install new solar panels to save even more energy Ski Dubai, the indoor snow-sports centre at Mall of the Emirates, now consumes less energy than a typical 120-room hotel, according to Enova, the facilities management specialists that works with mall operator...

Dubai stocks climbed to a more than two-week high on Monday DUBAI- Dubai stocks climbed to a more than two-week high on Monday, as sentiment for property shares was lifted by a decision of the United Arab Emirates' government to grant residency visas of up to 10 years to investors and...

The $480mln loan, which includes both conventional and Islamic finance tranches, has "accordion facility" allowing it to be increased to $800 mln. DUBAI- Dubai Aerospace Enterprise (DAE), one of the world's largest aircraft lessors, said on Monday it had signed a four-year loan deal for...

Dubai Aerospace Enterprise announces landmark unsecured four-year revolving credit facility Dubai Aerospace Enterprise (DAE) has announced that it has signed a landmark unsecured four-year revolving credit facility with an initial commitment of $480 million which could be increased to up...

UAE's traditionally transient expatriate population may now be more inclined to stay and will contribute to stable demand in the property market, according to experts The UAE new rules will allow for residency visas of up to 10 years for specialists in scientific, medical, research and...

Finishing works currently in progress at Azizi Shaista which will add more than 280 units to Dubai district UAE-based Azizi Developments has announced that its upcoming residential project in Al Furjan, Azizi Shaista, is on track towards completion. The structure of the building is...

Everything you need to know about the UAE's new foreign investment and visa rules announced on Sunday The United Arab Emirates is easing rules on the foreign ownership of companies as the country seeks to attract investment and boost an economy battered by lower oil prices. Under the...

Senior execs at Danube Properties, Gemini Property Developers and Samana Developers hail decision UAE-based construction company chiefs have praised the UAE's decision to approve a new long-term visa system aimed at attracting international investors and high-skilled professional workers....

Globally, AI will lead to an economic boost of $14 trillion, according to Accenture research Artificial intelligence (AI) technology may boost the UAE’s economy by 1.6 percent and add $182 billion to its economy by 2035, according to a new report by Accenture. The report – which...