March 2019 — Topical news of the United Arab Emirates

March 10, 2019 no comments 1466
Dubai FDI is on a trade mission to Los Angeles and Denver Inflows of foreign direct investment from the US to Dubai totaled more than $3.9 billion in 2018, making it the emirate’s topmost foreign investor, according to statistics from the Dubai Investment Agency (Dubai FDI)....

March 10, 2019 no comments 1393
Two of Emaar's listed companies, several of the Gulf's top banks, ranked highly on the Markaz list of undervalued stocks Some of Dubai’s biggest listed companies have topped a list of bargain stocks in the Gulf Cooperation Council (GCC), according to research released last week by the...

March 10, 2019 no comments 1441
According to Dubai Customs, trade through free zones in 2018 grew by 23% DUBAI- Dubai’s external non-oil trade in 2018 reached AED1.3 trillion despite challenges facing global trade growth resulting from trade tensions between major economic powers and a global growth slowdown that has...

March 10, 2019 no comments 1193
Last year, the company processed approximately 680 million transactions worth $36 billion Payment solutions provider Network International has “great aspirations” for Saudi Arabia and is rapidly ramping up its operations in the kingdom, according to CEO Simon Mark Haslam. Speaking...

March 10, 2019 no comments 1258
Dubai Electricity and Water Authority (Dewa) said it has signed a MoU with the Dubai Future Foundation for the design, construction and operation of a solar photovoltaic (PV) plant to annually produce 4,000 megawatt hours of renewable energy required to run the Museum of the Future.  A...

March 10, 2019 no comments 1526
Prices seen to go down on decline in housing and fuel prices, oversupply in retail and hospitality, and receding VAT effect Following a big jump in inflation in 2018 after the implementation of a 5 per cent value-added tax, some economists believe that the UAE economy will slip into...

March 9, 2019 no comments 1316
Dubai Crown Prince says plan will allow students to carry out business and creative activities as an integrated part of their higher education The Crown Prince of Dubai has approved a new strategy to create economic and creative free zones in universities. Sheikh Hamdan bin...

March 9, 2019 no comments 1181
Head of Dubai's transport authority hails progress on extension of the Red Line of Dubai Metro to the Expo 2020 site Dubai's transport authority on Saturday announced that its Route 2020 project, which is the extension of the Red Line of Dubai Metro to the Expo 2020 site, has reached...

March 9, 2019 no comments 1076
Dubai is now offering stays in chic desert trailers, in plush mountainside lodgings and beach camps. Just over 100 kilometres from Dubai's skyscrapers, Mohammed al-Kaabi strolls through the tranquil desert with his friends as the sun sets. Kaabi, 27, hails from a long line of...

March 9, 2019 no comments 1277
Based on a concept popular at cities across Europe, White Nights encourage diners to wear white to qualify for exclusive offers New monthly White Nights have been launched at Dubai International Financial Centre (DIFC), one of Dubai’s most popular business and lifestyle destinations....

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