Weekend storms saw the most rain in the country in 24 years Dubai’s Roads and Transport Authority (RTA) has more than 600 engineers, inspectors, workers and technicians working “around the clock” to return the emirate back to normality in the face of heavy rain storms and strong winds....

Over one-third of budget earmarked for economic development, with a particular focus on spurring economic growth in the emirate Sharjah has announced a AED29.1 billion ($7.9bn) budget for 2020, up two percent from 2019, with a strong emphasis on investing in the emirate’s...

The Mag City project is expected to be completed between 2022 and 2024 MAG Development, the real estate arm of the MAG Holding Group, has confirmed that all of its current and future projects and plans, will be in line with the UAE’s year of getting ready for the next 50 years plan in...

Strong activity attributed to companies' preparedness for expected investment, higher sales in 2020 Business activity in Dubai's non-oil sector continued to expand in December 2019 on better growth prospects in 2020, according to the IHS Markit Dubai Purchasing Manager Index survey...

FDI Law, Expo 2020 and restructuring of economic activities spur optimism A record surge in the number of new trade licences issued in Dubai in 2019, in spite of a discernable regional and global downtrend, underscores the overriding confidence of investors and businesses in the...

GlaxoSmithKline and Neopharma announce milestone in UAE bid to become region's pharmaceutical manufacturing hub Global healthcare giant GlaxoSmithKline (GSK) and Neopharma, a UAE-based pharmaceutical company, have announced the launch of the first locally produced batch of medicines....

Dubai International Financial Centre chief says new law will provide clearer guidance for thousands of landlords and tenants Dubai International Financial Centre (DIFC) on Saturday announced that Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and...

UK’s tourists topped the list of Dubai’s European visitors Mubasher: The number of European tourists visited Dubai during the first 11 months of 2019 inched down 0.06% year-on-year, according to data compiled by Mubasher. European tourists visited Dubai from January to...

Nation committed to international standards set to ensure safe entry of diamonds only through trusted sources The UAE is ranked first in the Arab World and fifth globally for exports and re-exports of precious metals. "In 2018, the UAE ranked first in the Arab world and fifth...

Under the agreement, Masdar will develop, build and operate the solar project, which will be located 75km southwest of the capital, Baku Masdar, the Abu Dhabi-based renewable energy company, has signed an agreement with the Ministry of Energy of the Republic of Azerbaijan to design,...