The contracts, won by Arabtec Construction, are for the construction works at two luxury residential towers, Reva Residences and Vera Residences Arabtec Holding has announced that a subsidiary has been awarded contracts wworth a total of AED353 million ($96.1 million) by Damac...

The scheme will be extended to include all tobacco products The Emirati Federal Tax Authority (FTA) announced that the new digital tax stamp scheme for tobacco products came into effect as of 1 January. The scheme will be extended to include all tobacco products, exported and...

The new development will offer both studios and one-bedroom apartments The Ascott Limited (Ascott) is looking to open a new hotel in the Culture Village in Dubai, Citadines Culture Village Dubai. The area also features urban landscaping of waterways, bridges and parks, Ascott, a...

Dr Habib Al Mulla says more can be done to improve the UAE's status on all fronts In the past two years, we have seen the UAE vigorously develop its legislation. There was the enactment of the long awaited companies law and bankruptcy law, though the latter has not been used as much as...

Affordable units will represent a huge chunk of off-plan developments in Dubai The term ‘buyer’s market’ has been used in abundance in relation to the UAE and Dubai property markets throughout 2018. The softening prices, the array of choices and accessible home loan offers has made the...

Dubai's multicultural festival park attracts over 3m guests during first two months of 23rd season Dubai's Global Village, the multicultural festival park, has announced a new attendance record with more than 3 million visitors over the first two months of its latest season. The...

Sustainable mobility in the region will gain tremendous momentum this coming year In the past year, Nissan has continued its upward trajectory in the Middle East, growing in terms of sales, market share, customer satisfaction and brand power. 2019 is set to be an exciting year for...

My Emirates Pass is back, offering visitors exclusive membership discounts to more than 500 locations across the UAE Emirates, the world’s largest international airline, has announced the return of My Emirates Pass, an exclusive seasonal pass that turns an Emirates boarding pass into...

Ras Al Khaimah-based real estate developer and investment company Al Hamra has announced the successful upgradation of its retail destination Manar Mall at an investment of $100 million. Announcing the several milestones for the newly expanded and upgraded Manar Mall development, Al Hamra...

Up to 540,359 business activity licenses were issued in the UAE by the end of December 2018, circa 1.6 per cent up from August of the same year, according to the Ministry of Economy's statistics. The growth reflects the uplift recorded since the beginning of the year across all economic...