Ras Al Khaimah-based real estate developer and investment company Al Hamra has announced the successful upgradation of its retail destination Manar Mall at an investment of $100 million. Announcing the several milestones for the newly expanded and upgraded Manar Mall development, Al Hamra...

Up to 540,359 business activity licenses were issued in the UAE by the end of December 2018, circa 1.6 per cent up from August of the same year, according to the Ministry of Economy's statistics. The growth reflects the uplift recorded since the beginning of the year across all economic...

Exchange traded 22.26 million contracts, up 28 per cent from the previous year The Dubai Gold & Commodities Exchange (DGCX) has announced that it has rounded off a highly successful 2018 by breaking its annual volumes record, trading 22.26 million contracts, up 28 per cent from the...

Real estate, construction, services and ICT among leading sectors boosting workforce The UAE continued to generate new jobs during most of 2018 with Dubai emerging the brightest spot in the country's employment market. According to data from the Central Bank of the UAE, employment...

Among a spate of path-breaking reforms aimed at fuelling economic growth. The new UAE investment law, which allows up to 100 per cent ownership to foreign investors in some specific onshore business sectors, is expected to give a major fillip to private and foreign direct investments...

Dubai Municipality says it successfully removed rubbish from across the emirate in record time following the New Year's Eve celebrations Dubai Municipality said on Wednesday that it has successfully removed 87 tons of waste from across the emirate following the New Year's Eve...

Expo 2020 Dubai will take place roughly at the same time that the UK is expected to withdraw from the European Union Expo 2020 Dubai is a “massive” opportunity for UK businesses to showcase innovation at a time when the country increasingly looks outside the European Union to do...

Dubai's Department of Tourism and Commerce Marketing plans to deliver authentic and exclusive experiences for tourists Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) is rolling out a set of initiatives to deliver end-to-end “Only in Dubai” experiences. The...

Saudi Aramco changed the benchmark for setting its official selling prices to Asia Dubai crude, as quoted by price-reporting agency S&P Global Platts, averaged $57.318 a barrel for December, the lowest since October 2017, two traders who participate in the market said on Wednesday....

Dubai's GDP growth will climb to 4.1 per cent this year from 3.3 per cent in 2018 The UAE markets are expected to rebound in 2019 due to strong positive macroeconomic indicators, low valuations of stocks and higher spending on infrastructure developments ahead of the mega exhibition,...