The industrial zone has attracted more than 500 investors and more than 65 billion dirhams in investment Abu Dhabi will offer 75 percent of its services free of charge and will reduce fees of other services by up to 75 percent at Khalifa Industrial Zone Abu Dhabi (KIZAD) from this...

ADNOC will acquire a 10% stake in VTTI DUBAI - Abu Dhabi National Oil Co (ADNOC) said on Wednesday it will acquire a stake in VTTI, a Vitol-backed global energy storage company, as part of the state-run UAE energy firm's transformation drive and its expansion into oil trading....

New Property Finder Trends report says increased housing supply continue to put downward pressure on rents in Dubai Average apartment rents in Dubai are 21 percent more affordable compared to two years ago. While villas in the emirate witnessed a 3.8 percent dip in rents in the...

Lawyer Tariq Imam says law will lead to more participation in stock market as PJSCs have more freedom to invest Abu Dhabi’s freehold law which was introduced in April this year will result in “more bankable” property projects, according to Tariq Imam, Partner and Head of Real Estate in...

Registrations will continue to ensure safety and quality service, according to the company Damac Properties has waived all registration fees for external vendors and contractors and maintenance companies, although it plans to continue with the registration process, according to a...

Middle East's largest plane lessor registers small increase in profit for first six months of 2019 Dubai Aerospace Enterprise (DAE), the Middle East’s largest plane lessor, on Tuesday reported a small rise in profit for the first six months of the year to $197.1 million. The...

Khalifa Industrial Zone Abu Dhabi removes charges on three quarters of services to encourage further investment Khalifa Industrial Zone Abu Dhabi (Kizad) has waived the charges for over 75 percent of its services, in line with the Abu Dhabi Government directive to encourage further...

The FTA asserted that the scheme was launched to support its efforts to collect taxes UAE - The Federal Tax Authority (FTA) is ramping up its efforts in preparation to implement the second phase of the 'Marking Tobacco and Tobacco Products Scheme', where it will be expanded to cover...

Analysts at Kamco Research said the highest declines in second quarter was witnessed in the affordable housing category UAE - Residential rents in Dubai across categories continued to decline on the back of softer demand and pressure caused by upcoming supply, real estate surveys show....

Hazzaa AlMansoori, the UAE's first astronaut to travel to the International Space Station next month, will host a traditional Emirati food night The Mohammed bin Rashid Space Centre (MBRSC) has announced that Hazzaa AlMansoori, the UAE’s first astronaut to travel to the International...