July 2019 — Topical news of the United Arab Emirates

July 10, 2019 no comments 786
The 1 million square metre, experience-packed JA The Resort has just been awarded a prestigious sustainability accolade from the Dubai government and has been officially named ‘ Dubai’s Most Sustainable 5 Star Resort ’. The DTCM Sustainability awards were measured on 5 key performance...

July 10, 2019 no comments 703
Burj Vista takes top spot in earnings per day for one-bedroom apartments GuestReady, a global Airbnb management company, updated the original Monopoly board game to show Dubai property investors how much they can earn per day by listing on short-term rental platforms. Burj Vista...

July 10, 2019 no comments 562
Maiden international flight by Air Peace to be followed by five more destinations by end of 2019 Nigeria’s flag carrier, Air Peace, has launched flights from Lagos to Sharjah. In what was its first international flight, the airline transported 316 passengers on its 324-seater...

July 10, 2019 no comments 559
Property Finder says new concept in the Dubai real estate market which offers common spaces to socialise and interact is seeing good buyer demand Co-living projects, a relatively new concept in the Dubai real estate market which offers common spaces to socialise and interact, are...

July 10, 2019 no comments 543
Opec's output cut rollover will keep investors happy, said Al Mazrouei The nine-month rollover of production cuts by Opec and allies will help maintain the oil market well-balanced and keep investors happy, UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei...

July 10, 2019 no comments 528
The Dubai-based airline confirms that their planes are safe to fly. Emirates airline confirmed that it operates nine out of 25 A380 aircraft which have been subject to inspection for cracks in their wings. The European Aviation Safety Agency (EASA) on Tuesday said there have been...

July 10, 2019 no comments 577
Globally, the number of millionaires declined 0.3 per cent to 18 million while their wealth declined three per cent. The number of high net worth individuals (HNWIs), as well as their wealth, declined in the UAE last year fell due to a fall in market capitalization, according to a new...

July 9, 2019 no comments 571
Torrential downpours have caused a number of airlines to divert flights headed to Mumbai Emirates flights to India’s Mumbai remain unaffected by torrential rains that have caused a number of flight delays and disruptions for other airlines, the UAE-based airline said on Monday. On...

July 9, 2019 no comments 512
Dubai-based Bin Zayed Group insists it has completed 'every aspect required in takeover process' Dubai-based Sheikh Khaled Bin Zayed Al Nahyan said Monday that his Bin Zayed Group is still "working diligently" in an effort to take over Premier League football club Newcastle United....

July 9, 2019 no comments 595
Gulf Pharmaceutical Industries is looking to hire a restructuring adviser after cutting jobs Gulf Pharmaceutical Industries is looking to hire a restructuring adviser after cutting jobs as a ban on the medicine maker’s exports to Saudi Arabia weighs on its finances. The company...

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