GDP growth was largely driven by the performance of trade related activities DUBAI - Dubai's economy grew 1.94 percent in 2018, the government said on Wednesday, a slowdown from a growth rate of 2.8 percent in 2017. GDP growth was largely driven by the performance of trade related...

KHDA proposes fee regulation for non-educational services such as school transportation, uniforms Around 90 percent of private schools in Dubai will have school fee increases capped at 2.07 percent - the value of education cost index approved by Dubai Statistics Centre (DSC) - for the...

National Bank of Ras Al Khaimah to hold investor meetings in Hong Kong, Singapore and London National Bank of Ras Al Khaimah, also known as Rakbank, on Monday said it has mandated a number of banks to arrange a series of fixed income investor meetings in Hong Kong, Singapore and...

One of Birmingham's most sought-after locations to be showcased at International Property Show in Dubai Birmingham, England's second city and its industrial heart, is fast becoming a popular property investment opportunity for Gulf-based investors, according to Chestertons....

Cavendish Maxwell report says average house price in Dubai drops by more than 10% since February 2018 The average house price in Dubai decreased to AED2.6 million ($710,000) in February, as values continue to fall since the start of 2019, according to new research. Property...

Firm still open to privatising subsidiaries and sukuk issuance, Jamal Salem Al Dhaheri said Senaat, the largest industrial investment holding company in the United Arab Emirates, has said that the value of its industrial asset portfolio reached 27.3 billion dirhams ($7.43 billion) at...

The takeover process should be implemented on May 1, 2019 The total value for Abu Dhabi Commercial Bank’s (ADCB) acquisition of both Union National Bank (UNB) and Al Hilal Bank stood at AED 14.4 billion, according to a recent statement. The takeover process should be implemented...

It's as though the hotel was created around the ultimate relaxation vacation It’s almost impossible to forget the feeling we get when we stay at The Ritz-Carlton, Dubai. The welcome we receive when we talk through the doors of the Mediterranean-style hotel, the warmth of the staff...

Dubai Investments Real Estate Company says Al Barsha 1 will offer 278 residential units Dubai Investments has announced that the new residential tower at Al Barsha 1, developed by its subsidiary Dubai Investments Real Estate Company (DIRC), is on track to be completed in December....

Abu Dhabi's Etihad Airways has been in cost saving mode, in a bid to reduce losses over the last three years Abu Dhabi’s Etihad Airways is predicting a return to “modest growth” next year – at least in terms of kilometres travelled – the airline’s CEO told Arabian Business . The...