July 2018 — Topical news of the United Arab Emirates

July 6, 2018 no comments 931
More than 470 new outlets open in the first half of 2018, says Dubai Municipality More than two new food outlets opened in Dubai every day during the first half of 2018, according to Dubai Municipality. During the first six months of this year, 473 new food outlets were opened, marking...

July 6, 2018 no comments 998
Carrefour ranks first for establishing the emotional bond between a customer and a brand in the UAE - report Hypermarket giant Carrefour is the best performing retail name in the UAE for brand intimacy - the emotional bond between a customer and a brand, according to a new report....

July 6, 2018 no comments 1163
Developer to hand over more than 1,740 residential units in Dubai district as portfolio expands UAE-based Azizi Developments has announced it is on track to deliver five additional projects in the Al Furjan community of Dubai by the end of this year. The developer currently holds one of...

July 6, 2018 no comments 1203
Bayut.com says the cost of renting and buying property in Dubai has continued to fall since mid-2017 The cost of renting and buying property in Dubai has continued to fall since mid-2017, but most price decreases remain modest, according to Bayut.com, the real estate portal. Rental...

July 5, 2018 no comments 936
The company has appointed PG Raut as its new CFO, replacing Khalthoum DUBAI - Drake & Scull International (DSI) said on Thursday that chief financial officer Feras Khalthoum had been appointed chief restructuring officer, a new post at the Dubai-listed construction firm. The company...

July 5, 2018 no comments 1159
The world's busiest airport for international travelers handled 6.6million passengers, down from 6.9million in the same month a year earlier DUBAI- The number of passengers travelling through Dubai International Airport fell by 3.8 percent in May, its second consecutive monthly decline in...

July 5, 2018 no comments 944
Colony's offer last month to buy the fund management business that runs Abraaj's Latin America, Sub Saharan Africa, North Africa and Turkey DUBAI - U.S. investment manager Colony Capital's deal to take control of four funds belonging to Dubai-based Abraaj is encountering investor...

July 5, 2018 no comments 915
Emirates Nuclear Energy Corporation now says first reactor to come online in late 2019 or early 2020 The United Arab Emirates said Wednesday that its first nuclear reactor would come online in late 2019 or early 2020, further delaying the launch of the Arab World's first atomic power...

July 5, 2018 no comments 857
Dubai Municipality launches new system for attraction that has so far seen 466,000 visitors since opening earlier this year An e-ticketing system for Dubai Frame, the emirate's latest tourist attraction, was launched on Wednesday by Dubai Municipality. Dawood Abdulrahman Al Hajiri,...

July 5, 2018 no comments 997
Etihad Aviation Group has announced a new organisational structure and operating model that will see the group reorganised into seven business divisions, led by a new executive leadership team. The new structure, effective immediately, will see Tony Douglas, chief executive officer of Etihad...

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