December 2019 — Topical news of the United Arab Emirates

December 4, 2019 521
Source says Dubai-based investment bank focusing on emerging markets is shutting office in Johannesburg Arqaam Capital, a Dubai-based investment bank focusing on emerging markets, is closing its South African office, a person familiar with the situation has said. The company,...

December 4, 2019 568
YouGov's latest research revealed that 55% of UAE residents support implementation of excise tax on sweetened drinks More than half of UAE residents support the launch of the country's so-called sugar tax, which came into effect on Sunday, accoridng to a new survey. YouGov’s...

December 4, 2019 541
Reopening as Capri Palace, Jumeirah in April 2020, hotel is designed in the style of an eighteenth-century Neapolitan palazzo Jumeirah Group, the Dubai-based luxury hospitality company, on Tuesday announced it has been appointed to operate and manage the renowned Capri Palace in Italy....

December 4, 2019 510
The new residential units will be built across the country at an investment of $4.7bln over the next five years ABU DHABI - The UAE government has announced a major housing development programme under which more than 17,873 new residential units will be built across the country at an...

December 4, 2019 484
Emirates Hills top-end villas were relatively resistant to the citywide trend as capital values fell 3.2 percent Dubai's residential market stakeholders, investors, tenants as well analysts, are always interested in learning how the market performed and where it could head in the...

December 2, 2019 630
Sugary drinks and powders, cigarettes, other tobacco products and e-cigarettes are now being sold at an increased price UAE - With the new excise tax taking effect on Sunday, a few customers in some stores seemed to have 'forgotten' about the tax and were surprised by price changes,...

December 2, 2019 560
Bloom Properties says Bloom Towers and Bloom Heights are both on schedule to be delivered next year Real estate developer, Bloom Properties, has announced that two major projects in Dubai - Bloom Towers and Bloom Heights - are both on track for handover next year. The Abu...

December 2, 2019 576
Dubai ruler issues message of optimism on the occasion of the 48th UAE National Day The word "impossible" has become void in the UAE after the achievements of the country and its progress in recent years, according to Sheikh Mohammed bin Rashid Al Maktoum, the UAE's Vice President,...

December 1, 2019 no comments 628
Luxury Jumeirah Beach hotel unveils 11 newly renovated Imperial suites designed by famed French interior architect Sybille de Margerie Four Seasons Resort Dubai at Jumeirah Beach has announced the completion of its room renewal program with 11 newly renovated Imperial suites....

December 1, 2019 no comments 602
Bridge Wellness Hub is set to become the largest wellness offering in the Middle East, according to its developer Al Qana, the upcoming social culinary and entertainment destination developed by Al Barakah International Investment (BII) in Abu Dhabi, has revealed plans to create the...

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