July 2019 — Topical news of the United Arab Emirates

July 5, 2019 no comments 388
Dubai-based Sprii is an online marketplace which connects mums to their favourite global brands E-commerce platform Sprii.com has raised a further $8.5 million in funding, as it accelerates its expansion across the Middle East and invests in new technology and recruitment....

July 4, 2019 no comments 456
Sources say funds will be used to lay more than 600km of track from Ghuweifat, at the Saudi border, to Fujairah Etihad Rail is seeking a financial adviser to raise as much as $3 billion to build the second stage of a rail network in the UAE, four people with knowledge of the plan said....

July 4, 2019 no comments 496
New HSBC Expat Annual League Table shows the UAE is now the world's ninth best place to live and work Internationally-minded professionals seeking career progression, financial security and a great place to raise a family increasingly rank the UAE among the world’s best places to live...

July 4, 2019 no comments 398
Mayor of Berlin said Emirates airline should not be restricted to four German cities as there is growing demand The Mayor of Berlin has called for the bilateral air service agreement between Germany and the United Arab Emirates to be expanded to allow Dubai’s Emirates airline to...

July 4, 2019 no comments 437
Nakheel Mall boasts 350 shops, restaurants and attractions and its own Palm Monorail station UAE master developer Nakheel is adding another stunning, landmark attraction to Dubai’s recreation and leisure scene with The View at The Palm, a public observation deck towering 240 m above...

July 4, 2019 no comments 408
Apartments in Dubai have largely witnessed minimal decreases between 4% - 8% for both sales and rentals Consumers are firmly in the driving seat, steering the Dubai real estate market to more attractive levels of affordability, according to the latest H1 market report by UAE real...

July 3, 2019 no comments 437
Emirates NBD PMI reading is the highest since the fourth quarter of 2014, driven by output, new orders Growth in the UAE's non-oil private sector rose to its highest quarterly level for nearly five years during the second quarter of 2019, according to new research. The Emirates...

July 3, 2019 no comments 400
Real Estate Investment Opportunities initiative aims to attract 'a larger segment of investors, both inside and outside the UAE' Dubai Land Department (DLD) on Tuesday announced the launch of a new initiative which aims to attract a wider range of real estate investors to the emirate....

July 3, 2019 no comments 429
Unveiling of the REIOs reflects the positive impact of innovative ideas in the real estate sector The Dubai Land Department (DLD) has announced the launch of the Real Estate Investment Opportunities (REIOs) initiative aimed at helping increase the share of investors in Dubai’s real...

July 3, 2019 no comments 530
There has been a shift from an investor-led market to an owner-occupied market, with more end-users buying to live in the property The reduction in UAE property prices over the past few years has made home ownership more affordable, a fact also borne out by reductions in the average...

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