May 2021 — Topical news of the United Arab Emirates

May 30, 2021 no comments 221
US engineering firm to oversee construction of infrastructure, utilities Sharjah developer Arada has granted the first two contracts for its mega property development, the $2.1 billion (8 billion dirhams) Masaar in Sharjah. In a statement on Sunday, the real estate firm said it...

May 30, 2021 no comments 200
Asset constitutes 6% of portfolio value, 11.8% of prevailing net asset value Dubai real estate investment trust ENBD REIT is considering the disposal of its property in Dubai Silicon Oasis, the company announced on Sunday. In a filing on Nasdaq Dubai, the company said its board...

May 30, 2021 no comments 209
As part of continuous efforts to protect public health, the Department of Health — Abu Dhabi (DoH) is offering a free Sinopharm booster dose to those who received their second dose at least six months ago. The free booster is available by walk-in at any of the 100+ vaccination centres...

May 30, 2021 no comments 174
Dubai’s Roads and Transport Authority (RTA) has opened on Saturday, 29th of may 2021, the main bridge on Al Khaleej Street extending 570 metres comprising of three lanes in the direction of Bur Dubai as well as a surface junction at the intersection of Al Khaleej Street and Omar Bin Al Khattab...

May 30, 2021 no comments 213
This new plan is in partnership with RAK Hospitality Holding and the RAK Chamber of Commerce and Industry The Ras Al Khaimah Tourism Development Authority (RAKTDA) recently announced over 20 sustainable tourism development initiatives across the emirate in an investment plan worth...

May 30, 2021 no comments 189
The Jeddah-Riyadh route was one of the busiest in May with 547,936 capacity DUBAI: Dubai International Airport (DXB) has been named the world’s busiest international airport in May, as travelers gradually return to the skies. The airport’s scheduled capacity was 1,895,866 in May,...

May 30, 2021 no comments 403
Industrial sector in the emirate has become a driving force for economic diversification, productivity and sustainable growth DUBAI: His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of The Executive Council of Dubai, stated that the...

May 28, 2021 no comments 193
An AC unit explosion has taken place on Thursday morning, causing the death of an Asian worker and the injury of two others. The explosion happened when the workers were carrying out maintenance work on the air-conditioning unit in a residential building on Jamal Abdul Nasser Street,...

May 28, 2021 no comments 163
Owing to a strong demand, property prices in Dubai steadily recovered and climbed by 9.5% in the last six months Demand for premium properties in Dubai has surged recently, with dozens of luxury homes sold in just a few months in some of the prime locations in the emirate, according to...

May 28, 2021 no comments 156
Abu Dhabi Commercial Bank, Citi, FAB, JPMorgan, Morgan Stanley and Standard Chartered are arranging the deal DUBAI - Abu Dhabi state fund Mubadala sold $1.5 billion two-tranche bonds on Thursday, a document showed, returning to the debt markets less than three months after it raised...

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