July 2019 — Topical news of the United Arab Emirates

July 29, 2019 no comments 459
Nine start-ups from around the world succeeded in finding innovative solutions to challenges launched by Dubai Police, RTA and Etisalat Dubai Future Foundation has announced the selection of a number of local and global startups to work on a series of future projects in collaboration...

July 29, 2019 no comments 435
A research published by the NBK foresees real GDP growth of the UAE edging up from 2.2 per cent in 2018 to around 3.0 per cent in 2021. Eonomic growth in the UAE is expected to trend higher in 2019-2021, led mainly by ongoing gains in non-oil sector activity and by a pick-up in the oil...

July 29, 2019 no comments 470
The region's largest financial centres said the number of companies increased 14 per cent Shrugging off slowdown in the financial sector and macro-economy, Dubai International Financial Centre (DIFC) marched ahead in 2019, attracting more companies in the first half of this year that...

July 28, 2019 no comments 475
New entity will replace JRG Dubai to drive domestic growth and better meet evolving market trends Dubai Retail - the retail management arm of Dubai Holding - has rebranded its restaurant management company, JRG Dubai, as Sarood Hospitality, as it looks to reinvent a number of its...

July 28, 2019 no comments 423
ADCB made a net profit of AED1.45billion ($395million) in the three months ending June 30 ABU DHABI- Abu Dhabi Commercial Bank, which formally merged with two other banks this year, reported an 11% drop in second quarter profit on Sunday, as both interest income and non interest income...

July 28, 2019 no comments 393
Contracts awarded for the Alreeman and Reflection projects Aldar Properties has awarded Dh1 billion ($272 million) worth of contracts for the Alreeman and Reflection projects in Abu Dhabi. Providing an update on projects under development across its key destinations in Abu Dhabi,...

July 21, 2019 no comments 742
About 50% of the RTA's taxi fleet in Dubai will be bookable on the Careem App under new joint venture The Roads and Transport Authority (RTA) and Careem on Saturday announced the launch of their taxi e-hailing service in Dubai. Under a joint venture called Hala, the service will...

July 20, 2019 no comments 578
New Property Monitor research says Dubai property prices have fallen by $10,000 on average since April The average house price in Dubai has fallen to AED2.46 million ($670,000) in June, a decrease of $10,000 in the past two months, according to new research. Real estate data...

July 20, 2019 no comments 600
Abu Dhabi Department of Economic Development issues new resolution to allow industrial companies to add commercial and service activities to licence Abu Dhabi has announced an easing of licence restrictions on industrial companies in a bid to expand investment activity and grow the...

July 20, 2019 no comments 557
Musanada says construction has started on reptile park, elephant safari, gorilla sanctuary and sand cat conservation exhibit Abu Dhabi General Services Company (Musanada) has started construction of four development projects at Al Ain Zoo, including construction of a reptile park,...

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