October 2018 — Topical news of the United Arab Emirates

October 31, 2018 no comments 88
Multicurrency Online uses geo-location services to automatically show the exact amount cardholders will be billed in their own currency UAE-based payment solutions provider Network International has launched Multicurrency Online, which uses built-in geo-location services to...

October 31, 2018 no comments 79
Moroccan student Maryam Amjoun wins the AED500k first prize in the Arab Reading Challenge Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday crowned Maryam Amjoun, a student from Morocco, as champion of the third edition...

October 31, 2018 no comments 79
Banks drag on Abu Dhabi, Saudi Arabia Dubai's blue-chip index rose sharply and marked its biggest intra-day gain in nearly three weeks, lifted by real estate and banks, while most major Gulf indexes dropped marginally on Tuesday. The Dubai index added 1.1 percent, boosted by a...

October 31, 2018 no comments 91
Abu Dhabi, which has a proven oil reserve of 92 billion barrels, will serve its economy for the next 93 years, as per the current production rate Abu Dhabi Government’s economic diversification plan will boost the stock of Dh108 billion ($29.4 billion) foreign direct investment (FDI)...

October 31, 2018 no comments 65
Rental declines were more pronounced in Dubailand, The Greens in Emirates Living, Motor City, Arabian Ranches and Victory Heights Sales prices across Dubai’s residential market registered declines of 1.4 per cent and 1.3 per cent for villas/townhouses and apartments respectively during...

October 30, 2018 no comments 82
Cavendish Maxwell says an estimated 3,200 residential units were handed over across Abu Dhabi in third quarter of 2018 An estimated 3,200 residential units have been handed over across investment zones in Abu Dhabi during the third quarter, according to a new report. Cavendish...

October 30, 2018 no comments 94
A Property Finder survey found that one third of UAE residents believe that now is the right time to buy homes Half of those polled in a recent Property Finder sentiment survey purchased a home in the last six months because they felt it was financially smarter than renting, the real...

October 30, 2018 no comments 79
Dubai Duty Free's expansion at Dubai International and an increase in Chinese travellers played key roles in the sales figure Retail sales at Dubai Duty Free (DDF) are expected to reach $2 billion this year, according to executive vice chairman and CEO Colm McLoughlin. In a...

October 30, 2018 no comments 102
Super 98 and Special 95 petrol will both rise in price while diesel is set to decrease compared to October Most petrol prices in the UAE have been reduced for the month of November, according to an announcement by the UAE Fuel Price Committee. Super 98 petrol will now cost AED2.57...

October 30, 2018 no comments 105
Global Village pledges to offer 'world-class shopping, unlimited entertainment and tantalizing international cuisine' during the 159 day-long season Global Village, Dubai's multicultural festival park, opens in Dubai on Tuesday, for its latest season which runs under the theme...