Economic reforms along with the possibility of the introduction of a property-linked permanent residency could boost the real estate sector in the UAE and Abu Dhabi, said organisers of the International Real Estate Investment Show (IREIS) that opened in Abu Dhabi two days ago (November 1)....

Knight Frank research ranks Dubai 39th out of 43 cities worldwide for performance of luxury real estate market Luxury property prices in Dubai have fallen by 3.8 percent on average over the past year, according to new research by real estate consultancy Knight Frank. Its Prime...

Emirates' loyalty programme launches Emirates Skywards Cabforce in partnership with CarTrawler Emirates Skywards has launched an on-demand ground transportation booking app called Emirates Skywards Cabforce in partnership with CarTrawler – the first of its kind in the world. The...

Bloom Properties announces work is progressing at a steady pace across various developments in Dubai and Abu Dhabi Abu Dhabi-based developer Bloom Properties has confirmed that all its projects currently under construction are on track for scheduled delivery. The developer...

Zabeel House by Jumeirah hotels in Dubai offers flexibility to check-in and out at any time, any day of the week Did you ever walk into a lobby of a hotel tired from a long flight and approach a front desk-clerk who reminds you of the standard check-in time that they can’t change?...

IMG has hired Moelis & Co to advise it on a debt-restructuring Ilyas & Mustafa Galadari Group (IMG), the Dubai-based operator of the world's largest indoor theme park, has hired Moelis & Co to advise it on a debt-restructuring, four banking sources told Reuters. IMG...

Property prices in Abu Dhabi are now 8.3% lower than a year ago, according to a new report Property prices in Abu Dhabi fell by more than 3 percent during the third quarter of 2018 and are now 8.3 percent lower than a year ago, according to a new report. The Abu Dhabi real estate...

Franck Rouquet, former senior exec with Carrefour in the GCC, is hired to lead retail arm of Ghassan Aboud Group Supermarket retailer Grandiose, which operates stores across Abu Dhabi and Dubai, has announced the appointment of a new CEO. Ghassan Aboud Group’s retail arm –...

Gold jewellery demand in the UAE fell six tonnes in the third quarter. Gold jewellery demand in the UAE fell six tonnes in third quarter, down 13 per cent year-on-year, but traders are upbeat of a recovery in the last quarter on the back of an impendingVAT refund scheme for tourists....

Cityland Real Estate Development has hired Vindico to deliver retail element of mall project Cityland Mall, the 2.2 million sq ft retail and entertainment scheme being developed in Dubai, has appointed consultancy Vindico to deliver the retail element of the project. Cityland Real...