April 2019 — Topical news of the United Arab Emirates

April 20, 2019 no comments 1227
Dubai Municipality says investors are being sought for Creek Park, Mamzar Smart Park, Mushrif Park, Zabeel Park and Safa Park in addition to the Quranic Park Dubai Municipality has announced several investment opportunities in the emirate's public parks, such as the event spaces, and...

April 20, 2019 no comments 1224
The number of licences issued to new businesses registered in Dubai rose three percent since December 2018. The total number of licences issued from the start of 2019 to April 15 reached 7,418, a Wam report said.  The number of licences issued documented by the Department of Economic...

April 20, 2019 no comments 1018
Dubai construction giant Emaar will propose 15% of the share capital as dividend at annual general meeting on Monday The 23rd annual general meeting (AGM) of Emaar Properties, which is scheduled to take place on Monday, will propose the distribution of a AED1.07 billion ($290 million)...

April 20, 2019 no comments 1268
New ValuStrat research says residential values in Q1 in UAE capital were 12.2% lower than same period last year Abu Dhabi residential property prices have fallen by more than 12 percent, according to consulting firm ValuStrat. Its latest report for Q1 2019 showed that Abu Dhabi’s...

April 20, 2019 no comments 1341
Global Wealth Migration Report for 2019 says Dubai alone attracted more than 1,000 millionaires, more than Los Angeles, Melbourne, Miami, New York, San Francisco or Sydney About 2,000 high net-worth individuals (HNWIs), each with at least $1 million worth of net assets, moved into the...

April 20, 2019 no comments 1126
Roads & Transport Authority says construction of roads and underpasses are scheduled for completion by the end of June The roads around Dubai's Jewel of the Creek mixed-use project are nearing completion, the emirate's Roads & Transport Authority (RTA) has announced....

April 20, 2019 no comments 1248
Siemens scores six major cities, including Dubai, on their readiness for digitisation and their potential to become smart cities Dubai is making excellent progress in its drive to become a smart city which embraces digitalisation and develops new ways of living, working and...

April 20, 2019 no comments 971
Approximately 2,000 HNWIs, each with at least $1mln worth of net assets, moved into the UAE in 2018 UAE - To prioritise its residents' and citizens' happiness is part of the UAE's policies, making it a global hub for businesses, said Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum,...

April 19, 2019 no comments 1169
Dubai attracted more than 1,000 millionaires from outside the country in 2018, surpassing major cities like Los Angeles, Melbourne, Miami, New York, San Francisco and Sydney, according to the ‘Global Wealth Migration Report’ for 2019. Dubai was a major beneficiary of changing global wealth...

April 19, 2019 no comments 973
The 750-acre Town Square Dubai will be home to over 18,000 people by the end of this year, says CEO Fred Durie Town Square Dubai by Nshama will hand over 5,000 additional residences this year taking the total number of homes delivered to more than 6,600, it was announced on Thursday....

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