Emaar denial follows claims that Burj Khalifa developer had hired Standard Chartered to arrange the sale of cooling business Dubai developer Emaar Properties has denied a report on Sunday it is planning to sell its district cooling business. The Reuters news agency claimed sources...

Bonus announcement coincides with Azizi Developments marking 2019 as its Year of Construction, with nine of its projects scheduled for handover this year UAE-based Azizi Developments has announced plans to incentivise its contracts with a bonus of up to AED10 million ($2.7 million) to...

Over 4,000 companies operate in Dubai’s gold sector: DED DUBAI: According to a new report by the Business Registration and Licensing, BRL, Sector of the Department of Economic Development, DED, 4,086 companies operate in Dubai’s gold sector. The report noted that 2,498 licences...

Salary is an integral part of an employee’s reward Over half (54 per cent) of employees expect to receive a raise in 2019, with 17 per cent expecting a raise of up to10 per cent, said a report. The survey, administered by Bayt.com, a leading job site in the Middle East, and...

Alandalus, located amid Dubai championship courses, offers 715 apartments, 95 townhouses, a mosque, a hotel, and a community retail centre. Jumeirah Golf Estates, the residential golf destination offering luxury homes and leisure facilities set amid two championship courses, has...

The Resort at Emirates Park Zoo is now offering families a staycation among the wildlife after opening 28 chalets Emirates Park Zoo & Resort has unveiled 28 new boutique chalets as part of its expansion plans as it rebrands to The Resort at Emirates Park Zoo. The zoo is now...

The UAE remains the top destination for startup funding, accounting for 32% of all deals The UAE has been home to many startups and will continue to be the hub in the Middle East. The ecosystem received a major boost last week as government decided to issue 10-year visas to investors,...

Prices in the food and beverage segment fell 3% UAE – The Consumer Price Index (CPI) In the Emirate of Abu Dhabi declined by 8% during the second week of Ramadan, compared to the first week. Prices in the food and beverage segment fell 3% during the second week of Ramadan, the...

Roads and Transport Authority says completion rate of Tripoli Street Improvement Project has reached 90% A key road project to improve links between Dubai and Sharjah is scheduled to be completed by the end of June, the Roads and Transport Authority (RTA) said on Saturday. The RTA...

Emirates RDF has announced that it has reached financial close for a project to turn rubbish into fuel in Umm Al Quwain Emirates RDF, a joint venture consisting of UAE-based contractors Besix and TG ECO Holding, together with Finland based Griffin Refineries, is planning the Refuse...