August 2018 — Topical news of the United Arab Emirates

August 28, 2018 no comments 1378
Chinese visitor numbers into Dubai increased 119% since 2014 Visa-on-arrival arrangements have led to a surge in tourists visiting Dubai, leading Dubai Airports to seek similar measures to drive traffic. Speaking to Arabian Business, CEO Paul Griffiths said faster and easier visa...

August 28, 2018 no comments 1422
First residences in Creek Island Dubai, the premier district in Dubai Creek Harbour, are being readied for handover Dubai Creek Harbour, the six square kilometre mega-development nearly twice the size of Downtown Dubai, will welcome its first residents early next year. The first...

August 28, 2018 no comments 1393
Official figures reveal occupancy rates at Abu Dhabi hotels were 6% higher during Eid Al Adha compared to the same holiday period last year The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has announced that hotel occupancy rates in the UAE capital during Eid Al Adha...

August 28, 2018 no comments 1405
Dubai-based airline announces discounted fares to celebrate the inaugural flight to Edinburgh on October 1 To celebrate the inaugural flight to Edinburgh on October 1, Emirates Airline is offering passengers discounted fares to the Scottish capital. Travellers in the UAE can book...

August 28, 2018 no comments 1343
Hotel guest numbers rose by 4.9% year-on-year between January and May to 2.1mln In June the Abu Dhabi Executive Committee ratified a cut to the room and services tax from 6% to 3.5% and reduced municipality fees from 4% to 2%. The new levy charges came into effect on July 1. The...

August 28, 2018 no comments 1475
Pharmax Pharmaceuticals has begun production at its $34 million Dubai Science Park plant The chief executive of Dubai's newest pharmaceutical factory has said that it indends to carve out a niche by producing locally-made, quality generic drugs for Gulf markets. Madhukar Tanna,...

August 25, 2018 no comments 1553
Ras Al Khaimah Tourism Development Authority says Eid holiday will build on 14% rise in international visitors seen during first half of 2018 Ras Al Khaimah Tourism Development Authority has revealed that hotel occupancy rates are forecast to exceed 80 percent for the Eid A Adha...

August 25, 2018 no comments 1350
Shareholders of Abu Dhabi Islamic Bank approve proposal for a rights issue by offering 464 million new shares Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved proposal for a rights issue of AED1 billion ($270 million) by offering 464 million new shares. Shareholders...

August 25, 2018 no comments 1372
UAE-based MBF Group announces agreement to establish an integrated medical city in the Pakistani city of Islamabad UAE-based MBF Group has announced an agreement to establish a $970 million integrated medical city in the Pakistani city of Islamabad. The agreement with Ibchez...

August 25, 2018 no comments 1239
ADNOC began a wide-ranging shake-up in 2016 to tackle competition from new producers such as U.S. shale firms State-owned Abu Dhabi National Oil Co (ADNOC) is in advanced talks with more than one potential buyer, including Italy's ENI, as it prepares to sell minority stakes in its...

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