November 2018 — Topical news of the United Arab Emirates

November 30, 2018 no comments 104
Airshow organisers say 1,300 exhibitors and 87,000 aerospace professionals expected to attend next year Organisers of next year's Dubai Airshow have announced that they are anticipating it to be bigger than ever. When it returns to Dubai World Central in 2019, Dubai Airshow is...

November 30, 2018 no comments 105
UAE Fuel Price Committee announces significant decreases in all fuel categories as oil price slumps Petrol prices in the UAE are set to decrease in December, according to an announcement by the UAE Fuel Price Committee. The price for Super 98 will be cut to AED2.25 per litre, down...

November 30, 2018 no comments 100
Struggling Dubai retailer takes action to extinguish big chunk of accumulated losses Struggling Dubai-based retailer Marka has approved plans to reduce the company's capital by AED450 million ($122.5 million). At its General Assembly, the proposal to decrease its capital from...

November 30, 2018 no comments 94
Paints firm set to roll out expansion plan, with a total of 14 new showrooms in Abu Dhabi and Al Ain National Paints is set to roll out its aggressive expansion plan in the UAE market, with a total of 14 new showrooms in Abu Dhabi and Al Ain to open in the next few weeks. Three...

November 30, 2018 no comments 95
Transformation from a desert island into a world-class destination is a key part of Abu Dhabi's Economic Vision 2030 Abu Dhabi’s leading leisure and entertainment destination, Yas Island, celebrates its 10th anniversary this month. Yas Island’s transformation from a desert island...

November 30, 2018 no comments 89
SMG is 51% owned by a fund managed by Dubai-based private equity firm Abraaj DUBAI- Gulf Navigation Holding, Tristar Group, Hineni Capital and BT Investment are among bidders for Dubai-based marine services firm Stanford Marine Group (SMG), sources familiar with the matter said. Banks...

November 29, 2018 no comments 102
Gemini Property Developers appoints board advisor as developer eyes India and Saudi property markets Dubai-based Gemini Property Developers has announced the restructuring of its board of directors in the wake of planned expansion into India and Saudi Arabia. Sailesh Jatania,...

November 29, 2018 no comments 88
Federal Authority for Identity and Citizenship says amnesty for workers will come to an end this week The UAE, a major hub for migrant labourers, will end an amnesty for workers who entered the country without a visa or overstayed their work permit on Thursday, with no further...

November 29, 2018 no comments 98
The value of transactions in the emirate rose to AED14.6 billion in the first three quarters of 2018 Dubizzle Property has revealed Sharjah’s most affordable real estate with water views as the emirate experiences a 6% year-on-year growth in real estate transactions. The value of...

November 29, 2018 no comments 102
Dubai developer says it is welcoming residents to its three of the fout residential towers that make up project Damac Towers by Paramount, the four-tower master development by Damac Properties in collaboration with Paramount Hotels & Resorts, is entering its handover phase....

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