2019 — Topical news of the United Arab Emirates

January 30, 2019 no comments 2110
The GCC’s healthcare market is forecast to reach $71.3 billion by 2020 Dubai state-owned industrial hub Jebel Ali Free Zone (Jafza), affiliated with DP World, announced that it plans to increase foreign direct investment (FDI) in the UAE’s healthcare sector. The announcement came...

January 30, 2019 no comments 1832
Jet has been hit by fierce competition from other low-cost carriers. Jet Airways creditor State Bank of India is likely to own 15 percent of the airline if the cash-strapped carrier's plan for a debt-for-equity swap is approved, Indian TV channels reported on Tuesday. With debts...

January 29, 2019 no comments 1456
Lootah Real Estate Development says The Waves offers a total of 135 units in Jumeirah Village Circle UAE-based Lootah Real Estate Development has announced the on-time completion and handover of its latest residential project in Jumeirah Village Circle. The announcement came...

January 29, 2019 no comments 1372
Chairman Hussain Sajwani said in January that a weaker pound makes London cheaper to invest in Damac Properties has denied it plans to invest $1.3 billion (£1bn) in London’s real estate market, according to a statement by group CFO Adil Taqi addressed to the Dubai Financial Market...

January 29, 2019 no comments 899
DIFC Hot Air Balloon will be operated by Balloon Adventures Emirates as financial hub celebrates milestone year Dubai International Financial Centre (DIFC) has unveiled the DIFC Hot Air Balloon in celebration of its 15-year anniversary. The DIFC Hot Air Balloon will be operated by...

January 29, 2019 no comments 1530
UAE's non-oil foreign trade reached Dh1.2 trillion ($326.71 billion) during the first nine months of 2018, even as re-exports achieved a remarkable 5 per cent growth, said a report. The figures reveal the competitive advantage of the re-export activity in UAE, and its global standing in...

January 28, 2019 no comments 1762
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, today (January 28) announced that commissioning of its new Al Taweelah alumina refinery has entered its final stages. Commissioning is the detailed process of testing equipment and systems in a...

January 28, 2019 no comments 1685
Dubai’s homeowners will have to wait at least a couple more years for a long-running property slump to hit bottom as developers put a record number of new residences on the market this year. About 31,500 homes will probably be completed this year, more than twice the city’s average annual...

January 28, 2019 no comments 1616
Dubai airline is asked to consider restarting Dubai to New York service via Hamburg by German city's mayor Emirates said on Monday it is considering the launch of a so-called fifth freedom route from Hamburg to New York. The Dubai-based airline said that it has been asked to...

January 28, 2019 no comments 1630
Muscat route coaches will start at Abu Hail Bus Station, and the one-way ticket will cost AED55 The Public Transport Agency of the Roads and Transport Authority (RTA) has opened an international bus route between Dubai and Muscat. The transport authority said the step aims to...

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