The Port of Banana will be the DRC's first deep-sea port DP World has won a 30-year concession to manage and develop a greenfield multi-purpose port project at Banana, in the Democratic Republic of the Congo (DRC). According to DP World, the port of Banana will be the African...

Three-day event will be one of the largest real estate events in the UAE this year Dubai Land Department said its upcoming three-day property festival is set to boost the emirate's real estate market. The Dubai Property Festival (DPF), which takes place at the Dubai Wold Trade...

Francis Matthew pleaded not guilty to charge of premeditated murder Former Gulf News editor-at-large Francis Matthew has been sentenced to 10 years in prison for killing his wife with a hammer in 2017, according to local media reports. Matthew, 61, had pleaded not guilty to charges...

The new system is expected to fix a rate that will be more closely based on real market data The new Eibor system, which is expected to be introduced by the middle of next month by the UAE Central Bank, will be more efficient and transparent in line with international best practices, say...

It's not advisable to sell a vehicle bought directly from a showroom within the first 18 months Buy a car. Drive it for about three years. Sell it. Purchase a newer model. Repeat. Apparently, this is the formula that several car owners in the UAE are following, a recent poll has...

Hospitality in this region is synonymous with luxury, opulence and pushing boundaries in terms of scale, magnitude and grandeur DUBAI — The Middle East’s tourist boom shows no sign of slowing — as new figures reveal the region has overtaken Europe in regards to the number of new hotel...

Dubai auction also sees record sum of $912k paid for watch made for King Farouk of Egypt in 1944 A Patek Philippe watch made for King Farouk of Egypt in 1944 sold to an unidentified buyer for $912,500 at Christie’s in Dubai on Friday, a record sum for a timepiece auctioned in the Middle...

Airlines welcome decision of Australian Competition and Consumer Commission Emirates and Qantas have welcomed the Australian Competition and Consumer Commission’s (ACCC) reauthorisation of their partnership until 2023. For customers, the continuation of the joint business, announced...

Department of Culture and Tourism - Abu Dhabi takes delegation on a four-city roadshow The Department of Culture and Tourism - Abu Dhabi completed on Fridaya four-city roadshow to India along with partners and stakeholders to help promote the emirate. The delegation includes...

Developer says Reflection will offer a total of 374 apartments, prices start at AED580k Aldar Properties has announced the launch of Reflection – a new AED440 million ($120 million) boutique residential development on Reem Island. Sales for Reflection will commence on Saturday March...