Infrastructure spending falls from last year's ultra-high level DUBAI: Dubai expects to almost halt the growth of state spending this year as revenues expand more slowly because of the emirate's efforts to stimulate business investment, according to the 2019 state budget released on...

The multi-billion dollar venture involves transforming a 700 square-kilometre swathe of desert into a gleaming capital and business hub. Talks between Egyptian officials and the Dubai-based Emaar Properties to develop a 1,500 acre (607 hectares) plot in the new administrative capital...

New research shows online travel sales are being driven by growing population, shift towards digital services The value of the UAE’s online travel sales in 2018 is forecast to reach AED17.3 billion ($1.98 billion), driven by a growing population, an increasing number of tourists, and...

With the event broadcast live on television and streamed online, Emaar said the event reached billions of viewers globally. More than 1 million revellers joined the celebration in Downtown Dubai to see Emaar's spectacular New Year's Eve ireworks and illumination of Burj Khalifa’s...

The headline projects were the launch of DP World Cargospeed with Virgin Hyperloop One DUBAI- DP World, Dubai-based global operator of shipping terminals, diversified its global business portfolio through investments and acquisitions worth $3 billion in 2018, the company said. It...

State spending will total AED56.8bln ($15.5bln), Dubai's 2019 budget plan said DUBAI- Dubai expects to slow the growth of state spending this year but continue spending heavily on infrastructure as it prepares to host the Expo 2020 world's fair, a statement by the emirate's ruler...