October 2018 — Topical news of the United Arab Emirates

October 20, 2018 no comments 1458
Phase 2 of the Latifa bint Hamdan Street and Umm Al Sheef Street project is set to open in Q1 2019 Dubai’s Roads and Transport Authority (RTA) has opened the initial phase of Latifa bint Hamdan Street and Umm Al Sheef Street, a key AED800 million ($218 million) highways project in the...

October 20, 2018 no comments 1131
New report says developers are focused on the sale of existing inventories in Dubai by offering increasingly generous payment plans to investors Further declines in Dubai property rents and sale prices are projected over the next 12 months, according to new research from real estate...

October 20, 2018 no comments 1324
The airport will be able to handle 130mln passengers a year when the first phase of a planned expansion opens in 2030 DUBAI - A major expansion of Dubai's second airport Al Maktoum International will open in 2030, the emirate's government said, five years later than officials had...

October 20, 2018 no comments 1241
UAE came 30th in 2017, 5 positions up from 2016, thereby topping Arab countries in terms of FDI inflows: UNCTAD Report ABU DHABI - More than 25 percent of the world's 500 largest companies have UAE as the regional base of their operations in the Middle East and North Africa in yet a...

October 19, 2018 no comments 1306
New Bayut report says latest trends in the UAE capital real estate market suggest a stabilisation of prices Property prices are starting to stabilise in Abu Dhabi as the rate of declines slowed in the third quarter of 2018, according to a new report by Bayut. The real estate...

October 19, 2018 no comments 1406
Roads and Transport Authority reveals a sophisticated artificial intelligence initiative, branded Mahboub Dubai’s Roads and Transport Authority (RTA) has unveiled a sophisticated artificial intelligence initiative, branded Mahboub, which acts as a personal assistant for customers....

October 19, 2018 no comments 1122
AI-driven concept will direct customers to less busy stations, deliver shopping while they refuel, says ENOC Emirates National Oil Company (ENOC) has announced a new partnership with Microsoft to design and develop the service station of the future in Dubai. The concept centres on...

October 19, 2018 no comments 1301
The director general of Smart Dubai on how the Smart Data platform will serve as the backbone to the emirate's eventual digitalisation What are the key Gitex announcements Smart Dubai made this year? We are very proud to announce the UAE Pass. Of course, we have the UAE ID (Emirates...

October 19, 2018 no comments 1126
Merint Group founder says construction project in Kolkata is 'major milestone' for company UAE-based Merint Group has played a key part in setting up India’s biggest cyclotron facility as the country steps up its fight against cancer. The state-of-the-art facility in Kolkata will...

October 19, 2018 no comments 1327
Substructure package tender issued by Dubai Aviation Engineering Projects as Al Maktoum Airport eyes title of world's largest by 2030 Sheikh Ahmed Bin Saeed Al Maktoum, chairman of Dubai Aviation City Corporation and Dubai Aviation Sector Board, on Thursday announced the launch of a...

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