July 2019 — Topical news of the United Arab Emirates

July 12, 2019 no comments 602
New poll says existing UAE investors have more appetite to increase their portfolio, while would-be investors are now more open to start investing A survey of UAE investors and residents show that the recently implemented Gold Card permanent residency scheme has created a positive...

July 12, 2019 no comments 682
Lulu Group plans to launch four more hypermarkets in Malaysia by the end of 2020 UAE-based retail giant Lulu Group has consolidated its presence in the Far East by opening its second hypermarket in the Malaysian capital of Kuala Lumpur. The company also announced plans to launch...

July 12, 2019 no comments 533
Investors from Tunisia, the US, Commonwealth of Dominica, India, Iraq, China, Libya, Jordan, Iran, Pakistan, Kazakhstan, and Saint Kitts and Nevis are granted renewable long-term visas Dubai Land Department (DLD), in coordination and cooperation with the General Directorate of...

July 12, 2019 no comments 565
Company grew its managed assets portfolio to 51 aircraft valued at $1.3bln DUBAI - Dubai Aerospace Enterprise, DAE, today announced its H1 2019 key strategic and operational highlights for its leasing division. In a press statement issued today, the company said it delivered and...

July 11, 2019 no comments 494
The driver will also have to pay almost $1 million in compensation to the families of the victims The Omani bus driver at the centre of a deadly bus crash that left 17 people dead has been sentenced to seven years in prison and ordered to pay AED 3.4 million ($925,694) in compensation...

July 11, 2019 no comments 541
Abu Dhabi has announced that 70 per cent of the work on The National Aquarium, the biggest in the Middle East region, coming up at Al Qana - a waterfront destination in the heart of the emirate - has been completed and is due to open early next year. The ten-zone, giant aquarium measuring...

July 11, 2019 no comments 609
Multiple Abu Dhabi Government entities have partnered with Aldar Properties, a leading real estate developer, to deliver social, economic and infrastructure projects worth Dh5 billion ($1.36 billion) across key destinations in the Emirate. Contractors will be appointed immediately to...

July 11, 2019 no comments 690
In the rental market, there was a more marked weakening compared to Q1 Dubai’s residential market is expected to remain highly attractive to occupants and buyers thanks to the wide variety of options available at competitive prices. In the short term, however, oversupply will...

July 11, 2019 no comments 587
The residents will get to live by the longest Venetian-style canal pool in Dubai and enjoy an all-round waterfront lifestyle at the Seashore UAE developer Emaar has launched Seashore (Sirdhana by Emaar), a limited collection of residences at Mina Rashid, the new Riviera-style...

July 10, 2019 no comments 574
Dubai, United Arab Emirates, 10 July 2019: HONOR, the leading smartphone e-brand, has announced its 5G plan with the aim to provide mature 5G smartphones that meet user’s expectations and needs from 5G. According to HONOR, the first 5G smartphone will be launched in the fourth quarter of 2019...

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