August 2018 — Topical news of the United Arab Emirates

August 14, 2018 no comments 1016
RTA's the strategy involves both short-term plans and 'urgent steps' to be taken over the next 12 months, as well as long-term plans that look forward up to the year 2040 Dubai’s Roads and Transport Authority (RTA) has endorsed new testing standards for electric, hybrid and...

August 14, 2018 no comments 979
Radisson Hotel, Dubai Damac Hills is already under construction and set to welcome its first guests in Q4 2019 UAE - Damac Properties has signed a landmark agreement with Radisson Hotel Group (RHG) to develop and launch the 'Radisson Hotel, Dubai Damac Hills', its first, newly launched...

August 14, 2018 no comments 947
Kleindienst Group will hand over Floating Seahorse villas and Beach Palaces this year Dubai's luxury second home market is gaining traction as the Kleindienst Group prepares to hand over properties this year. The developer of the Heart of Europe, a cluster of six islands on The...

August 13, 2018 no comments 819
JLT metro station, one of the busiest in Dubai, has been renamed DMCC with immediate effect DMCC, the world’s flagship free zone for commodities trade and enterprise, announced on Monday the renaming of Jumeirah Lakes Towers (JLT) metro station to DMCC, effective immediately. The...

August 13, 2018 no comments 950
Heart of Europe project off Dubai coast unveils Swedish beach palaces which come with their own private coral reef Kleindienst Group, developer of The Heart of Europe, a cluster of six islands on Dubai's The World, on Monday unveiled the first Sweden Beach Palace at Sweden Island....

August 13, 2018 no comments 1040
Abu Dhabi Municipality replaces a total of 4,096 speed signs in the emirate after new regulations Abu Dhabi has updated its speed limit signs across the emirate, coinciding with the removal of the speed buffer in the emirate. Authorities in the capital removed the 20kph speed...

August 13, 2018 no comments 883
Those who take advantage of the UAE's amnesty programme can come forward by October 31 without fines or criminal charges A Philippines national has reportedly had AED 1.08 million ($294,000) in visa overstay fines waived by the General Directorate of Residency and Foreigners Affairs...

August 13, 2018 no comments 987
Dubai government is saving Dh5.6 for every one dirham spent by Smart Dubai Dubai's march towards becoming the world's first smartest city continues unabated as the emirate has been ranked the 'Most Innovative City' in the region. It is also No.1 for deployment of smart city...

August 13, 2018 no comments 814
The bank declined to comment on whether it was renegotiating the terms of its acquisition of Turkey's Denizbank DUBAI: Emirates NBD, Dubai's largest bank, said on Sunday it was closely monitoring the situation in Turkey. The bank declined to comment on whether it was renegotiating...

August 13, 2018 no comments 1050
In February, a survey conducted by Standard and Poor’s showed that rents declined 10%-15% in Dubai and will not recover before 2020. The real estate sector in the UAE is facing a stagnation, as property prices drop while investors tend to sell their units in a bid to avoid any risk...

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