Arabtec Construction unit to build 42 townhouses, 18 residential buildings and seven bungalows on north coast of Egypt Dubai-based contracting giant Arabtec Holding on Tuesday announced that its wholly-owned subsidiary Arabtec Construction has been awarded an AED366 million ($100 million)...

The number of visitors will increase from 5.4mln in 2018 to 9.8mln in 2024 The number of Indian tourists visiting the Gulf states is expected to rise by 81 percent in 2024, according to Arabian Travel Market (ATM). The number of visitors will increase from 5.4 million in 2018 to...

UAE plans to buy two Globaleye for early warning and control aircrafts, and three other refueling aircrafts CAIRO: The United Arab Emirates armed forces announced on Tuesday plans to buy two Globaleye for early warning and control aircrafts, and three other refueling aircrafts, state...

All your questions answered on the insolvency law in the UAE. The Ministry of Finance has issued comprehensive details about the insolvency law that was approved by the UAE Cabinet earlier this week. During a conference on Tuesday, the ministry explained how the law will be applied;...

UAE, 19 November 2019 – The United Nations Development Programme (UNDP) and the Mohammed bin Rashid Al Maktoum Knowledge Foundation (MBRF) unveiled the 2019 results of the Global Knowledge Index (GKI), along with the launching of the second edition of the world’s first Future of Knowledge...

A rotorcraft terminal will be established in Dubai next year in close proximity to the Expo 2020 area A rotorcraft terminal will be established in Dubai next year in close proximity to the Expo 2020 area, under plans unveiled by Leonardo and Falcon Aviation Services. The...

Airbus stole the limelight, winning mega contracts from Dubai's Emirates airline and Sharjah's low-cost Air Arabia. Dubai Airshow 2019 witnessed a volley of mega deals on the second day, mostly from UAE carriers, with the total tally crossing the Dh120 billion mark, following a lull on...

The first cluster of townhouses at The Valley, named Eden, is due to be ready in Q4, 2022 Emaar Properties has announced the launch of The Valley, a new master development on Dubai-Al Ain Road, that is designed for residents who desire a balanced lifestyle. The master development...

Transparency and governance in service charge collection and spending is the way forward, says RERA chief Dubai Land Department (DLD) officials said on Monday that developers in the emirate would be required to use the new Mollak electronic system to invoice property service charges...

Social Impact Bonds are now used by more than 40 countries worldwide and help to develop an outcome-oriented approach to social challenges ABU DHABI — Abu Dhabi is to introduce the GCC’s first Social Impact Bond, an innovative and internationally recognized financial tool that...