11% growth will be seen in Middle East billionaires during 2018-2023. The number of millionaires in Dubai and Abu Dhabi will increase from 440 last year to 511 in 2023 and from 192 to 223, respectively. The number of millionaires in the UAE increased last year and this trend will...

Jumeirah Group announces facelift for the Jumeirah Carlton Tower in the heart of London's fashionable Knightsbridge Dubai-based Jumeirah Group on Thursday announced its plans to refurbish the Jumeirah Carlton Tower, its flagship hotel in the heart of London’s fashionable Knightsbridge....

The UAE government has allocated Dh1 billion ($272 million) for infrastructure projects in the northern emirate of Fujairah as part of the 2017-2021 five-year plan being implemented by the Ministry of Infrastructure Development on the eastern coast. The announcement was made during the...

It is estimated that liquidity with the SME sector will improve in billions of dirhams through reduced costs of doing business. Businessmen in the UAE on March 6 lauded the newly-announced five initiatives by Dubai government, to support the small and medium enterprises (SMEs) sector...

Dubai airline will have a dedicated cohort of seven teams working on three challenges to improve its services Emirates will have a dedicated cohort of seven teams in the Dubai Future Accelerators programme working exclusively to address challenges it faces. The world's largest...

Arada CEO Ahmed Alkhoshaibi said the development company had noticed investor interest from the country 'rise significantly over the course of the last year' Real estate developer Arada, known for its $6.5bn mega project Aljada will expand its operations to Abu Dhabi and Saudi Arabia...

UAE Prime Minister and Vice President announces funds for water and electricity projects Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, on Wednesday announced the allocation of AED5.8 billion ($1.58 billion) for water and electricity projects...

Knight Frank revealed that $1 million buys 143 square metres in Dubai, compared to 31 sq m in New York and London and just 16 sq m in Monaco The population of ultra-high net worth individuals in Abu Dhabi, Dubai, Jeddah and Riyadh is expected to rise 15 percent over the next five...

No new billionaires are expected to be created in the UAE and Saudi Arabia over the next four years The number of billionaires living in the UAE by 2023 is forecast to stall, with no new billionaires expected to be created in the next five years, according to the Knight Frank Wealth...

Teams will travel from Canada, the Netherlands, South Korea and Australia and will launch a combined total of 87,102 shells The Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) has announced plan to hold the UAE's first fireworks contest during this month's Mother of the...