Out of 10 costliest transactions of 2019, seven were villas, two apartments and one penthouse A villa in Mohammed bin Rashid City with plot size of 22,858 square feet was sold for Dh90 million, becoming the costliest deal of 2019. According to data by property brokerage firm...

Out of 416 cities in 57 countries, Abu Dhabi was at rank 410 with a congestion level of only As the world grapples with worsening traffic jams, cities in the UAE have maintained low levels of congestion - even recording a decrease in the latest figures, according to results of a global...

Globally, New York tops the list followed by London, Singapore, Dublin, Luxembourg, the UAE, and Hong Kong The UAE's position among global financial centres will strengthen in the next five years, according to a survey of 240 senior financial executives. Conducted by Duff &...

Etihad Airways continues to work closely with, and follow the directions of key stakeholders in China and Abu Dhabi to help prevent the spread of the virus ABU DHABI - Etihad Airways has issued the following statement, attributed to a spokesperson: In response to the outbreak of the...

TomTom says congestion levels in Dubai and Abu Dhabi have fallen over the past year, bucking the global trend Abu Dhabi ranked 410th globally out of a total of 416 cities analysed with a congestion level of 10 percent - drivers in the city expecting to spend an average of 10 percent...

UAE's investments in the US are the largest among the Arab countries UAE - Abdullah Bin Ahmed Al Saleh, undersecretary of the Ministry of Economy for Foreign Trade Affairs, recently held a meeting with Ian Steff, assistant secretary for Global Markets and director general of the United...

Kassym-Jomart Tokayev makes comments during a keynote speech at the UAE-Kazakhstan business meeting in Abu Dhabi The UAE and Kazakhstan plan to implement joint investment projects worth about $11 billion, the country's President has announced during a visit to Abu Dhabi....

Occupancy rate climbed to 79.6% ABU DHABI - The hotel establishments revenues in the Abu Dhabi Emirate increased 3.5 percent to AED1.84 billion in Q4 2019 from AED1.774 billion during the comparable period of 2018, according to data released by the Statistics Centre - Abu Dhabi....

Oil price tumbles 16% in January on concern that the spread of coronavirus will curb demand for transportation fuels Oil is off to the worst start to a year since 1991, tumbling 16 percent in January on concern that the spread of coronavirus will curb demand for transportation fuels....

Broker Allsopp & Allsopp says Dubai Marina most popular area for leasing while Downtown tops list for sales in 2019 Confidence is growning in the Dubai real estate market despite the negative talk surrounding it, according to property broker Allsopp & Allsopp. The broker...