Property management company Asteco says gradual recovery continues in Q2 2021, with price surges in some area Dubai villa prices surged as much as 27 percent in the second quarter of 2021 as the UAE real estate sector continued its path to recovery. According to property...

Dubai Airshow 2021 will serve as the ultimate testament to the industry’s steady recovery and growth and firmly establish Dubai as the leading global aerospace hub: Sheikh Ahmed bin Saeed Al Maktoum DUBAI - The Dubai Airshow 2021, set to take place from 14th-18th November 2021 at Dubai...

The study revealed that more than half of consumers surveyed (52%) continue to shop online with no signs of slowing down DUBAI - UAE consumers have become increasingly savvy about digital payments, according to a survey conducted by Dubai Police, Dubai Economy (DED) and Visa....

Savills said prime property values are growing at their fastest rate since 2016 Dubai’s prime residential properties have witnessed above-average capital growth over the last six months, according to real estate services provider Savills. The city’s residential property market saw...

Fellow Dubai state-owned carrier Flydubai earlier has also suspended flights to Kabul DUBAI - Emirates has suspended flights to Afghanistan's capital Kabul until further the notice, the airline said on its website after the Taliban militant group on Sunday entered the city....

Lower quantum of revenue recognition and product mix impacted adversely Dubai developer Damac Properties narrowed its second-quarter loss on the back of a recovery in the UAE's property market, which was hit by the COVID-19 pandemic last year. Net loss for the quarter ended June...

The Abu Dhabi Emergency, Crisis and Disasters Committee has updated occupancy rates and operating capacity for some activities in the emirate. The decision comes into effect from Friday, 20 August 2021, with the implementation of the decision to allow only those vaccinated to enter public...

Emirati companies have announced their intention to introduce a new technology for testing COVID-19 for GCC and ME countries, which is characterized by its ability to detect infections at its onset by 100 per cent and the Delta variant by 99.4 per cent. The technology called CRISPR was...

Masood M Sharif Mahmood will report to the Group CEO Telecom giant Etisalat Group has appointed a new UAE CEO to foster growth in the Emirates and business development in the digital space. Masood M Sharif Mahmood will be the UAE operations CEO effective from 29th August,...

Apartment rents remain weak as more tenants shift to villas, supply remains high International buyer interest and improved market sentiment are driving sales in Dubai’s property market, with the value of transactions jumping by nearly 50 percent during the second quarter of 2021, new...