With Dubai ranking in the top 20 for the first time in three years, the Emirate continues to be the major business hub in the Middle East DUBAI — Cities in the Middle East and Africa (MEA) are gaining momentum, with Dubai, Riyadh and Nairobi all ranked within the top 20,...

Phase 1 of the SkyWay project is 80% complete, with Phase 2 in development Driverless pods on cable cars could soon be the answer to the UAE”s traffic problems, as an innovative project in Sharjah begins to take shape. The Sharjah Research, Technology, and Innovation Park’s (SRTI...

The latest figures show that there is now a renewed optimism in the real estate market in Abu Dhabi The prolonged decline in house prices and rents in Abu Dhabi appears to have slowed down, and the property market is showing signs bottoming out, global real estate services firm,...

Recipients also include UAE-based Venture Capital firm Global Ventures The Abu Dhabi Investment Office (ADIO) has invested 60 million UAE dirhams ($16.3 million) in a new batch of startups and fund managers through its Ventures Fund. The recipients, according to ADIO, include:...

The surplus was 0.04% higher than in 2018 The UAE has posted a 66.32 billion UAE dirhams ($18.06 billion) surplus for the first nine months of 2019, according to state news agency WAM. The surplus was 0.04 percent higher than in 2018, when the country posted a 66 billion UAE...

Household spending on essentials at low levels due to cheaper housing, utility costs The UAE’s consumer price index (CPI), which measures the costs of goods and services, has dropped 0.8 percent in 2019 from the previous year. The continued decline in property rents and sales...

Roads and Transport Authority has issued an administrative decision to begin regulating road transport and car rental activities in Dubai Dubai’s Roads and Transport Authority (RTA) has issued an administrative decision to begin regulating road transport and car rental activities in...

Latest 2019 YouGov BrandIndex Buzz Rankings list food giant Almarai top in Saudi and WhatsApp in Egypt Emirates airline created the most positive buzz among UAE residents, according to the 2019 YouGov BrandIndex Buzz Rankings in the Middle East. The index measures the public’s...

Chestertons says unlikely to see 'same prolonged period of price and rental decreases' in the UAE capital Abu Dhabi’s real estate market is showing signs of bottoming out after a sustained period of falling capital values and declining rents, according to Chestertons. Its Abu...

Dubai Airports is preparing to welcome thousands of Chinese travellers at Dubai International ahead of the Chinese Lunar New Year weekend as fears grow over deadly virus outbreak Dubai, which operates one of the busiest airports in the world, will conduct thermal screening on all...