August 2018 — Topical news of the United Arab Emirates

August 20, 2018 no comments 811
With property values continuing to fall, we ask Keren Bobker from Dubai independent financial advisors Holborn Assets about how to get a better deal With Cavendish Maxwell reporting that Dubai rents fell five percent in Q2 alone, many residents will be wondering how those statistics...

August 20, 2018 no comments 853
Kleindienst Group CEO Josef Kleindienst explains how the floating seahorse structures have legally sound contracts Much has been made about the floating boat-homes by Kleindienst Group that were first announced in 2015. From being symbols of Dubai’s decadence or examples cited...

August 20, 2018 no comments 890
Prominent businessmen Yousef Ali, Dr. BR Shetty and Sunny Varkey donated AED5m each to help those affected by the floods UAE teleco firms Etisalat and Du have given the public a chance to help Kerala flood victims in India by donating amounts ranging from AED10 to AED200 via SMS....

August 18, 2018 no comments 839
UAE-based Azizi Developments has announced construction update on its flagship waterfront community project in Meydan One, Azizi Riviera UAE-based Azizi Developments has announced that construction on its flagship waterfront community project in Meydan One, Azizi Riviera, is now 20...

August 18, 2018 no comments 1107
A consortium comprising Cologne-based agency facts and fiction and Swiss construction company Adunic has won the bid to design and build the German Pavilion at Expo 2020 Dubai. While facts and fiction will be responsible for content, exhibition and media design, building the pavilion will...

August 18, 2018 no comments 912
Singha Estate Public Company, a premier global property developer, said it has signed an agreement with UAE-based Jalboot Holdings to manage its luxury marina at Crossroads, the largest integrated destination in the Maldives.  Jalboot Holdings is a leading integrated provider of vessel...

August 17, 2018 no comments 761
The consumer price index (CPI) in Dubai rose to 2.2% in July, compared to 1.32% in June. Dubai – The consumer price index (CPI) in Dubai rose to 2.2% in July, compared to 1.32% in June. The prices of tobacco products surged by 78.5% last month, whereas the prices in the transport...

August 16, 2018 no comments 951
Developer says 38 percent of revenue now generated from recurring sources Nakheel, the master developer behind Dubai's Palm Jumeirah, on Wednesday announced a net profit of 2.51 billion United Arab Emirates dirhams ($683.5 million) for the first six months of 2018 - a 3.8 percent...

August 16, 2018 no comments 871
The scope of work includes the construction of slip roads at the Al Badiya intersection DUBAI- During his tour of the Al Badiya Bridge Project, Dr. Abdullah bin Mohammed Belhaif Al Nuaimi, Minister of Infrastructure Development, launched the project’s next stage that aims to improve...

August 16, 2018 no comments 903
This project covers a total of 885 parking spaces in the two locations DUBAI- The Dubai Electricity and Water Authority, DEWA, has commissioned the 2MWp Solar Carport Project, at its headquarters and at the Ministry of Climate Change and Environment, MOCCAE, building. DEWA...

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