Second aviation hub sees 81.5% surge in traffic in 2019 Dubai’s second aviation hub, the Al Maktoum International Airport or Dubai World Central (DWC) saw its passenger traffic surge by a whopping 81.5 percent in the past year, with most of the travellers coming from Russia. From...

A total of 62,500 residential units are scheduled to be completed this year: Knight Frank DUBAI: Dubai is expected to this year see the biggest number of new homes completed in more than a decade, adding to pressure on a once-booming but now struggling property sector already weakened...

Medical booking platform raises $40mln in latest round of funding Egypt’s Vezeeta, an online platform that allows customers to book medical appointments, has just secured $40 million in funding from investors, which include a UAE-based firm. The healthcare platform operating in...

The Sports Excellence Model will honour Dubai athletes, clubs and football companies for their performance in the 2018-2019 and 2019-2020 seasons DUBAI – The Dubai Sports Council have announced the launch of the 8th Dubai Sports Excellence Model, which will honour Dubai athletes, clubs...

Emirates airline's flight from Dubai to Glasgow to Dubai was diverted to Manchester, while another service from Dubai to Heathrow was cancelled An Emirates airline flight between Dubai and Glasgow was forced to divert to Manchester on Sunday as a result of high winds caused by Storm...

Abu Dhabi Airports, in partnership with Etihad Aviation Group have started to familiarise staff with the new terminal Abu Dhabi Airports, in partnership with Etihad Aviation Group have started to prepare the 17,000 employees required to operate the new Midfield Airport Terminal at Abu...

Emaar Malls posted a 5% rise in revenue to $1.272bln in 2019 Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, is set to open Dubai Hills Mall in Dubai Hills Estate in Q4 2020. The 2 million square foot retail establishment will feature nearly...

Abu Dhabi's finances are backed by one of the world's largest sovereign net foreign asset positions and low levels of debt. DUBAI- Abu Dhabi has been in talks with banks for potential debt sales in the international markets this year as the oil-rich emirate plans to engage global fixed...

In 2019, a total of $73.1 billion worth of projects were completed in the UAE The construction sector in the UAE and GCC is poised to see stronger activity in 2020 compared to last year, on the back of increased investments in oil and gas, utility, urban development, and infrastructure...

Full-year global passenger traffic results for 2019 showed that demand rose by 4.2 per cent in 2019 Passenger demand in the Middle East grew slower than the global average in 2019, according to the International Air Transport Association (IATA). Full-year global passenger traffic...