Higher oil prices and economic rebound has supported recovery While Frankfurt, Toronto, and Hong Kong exhibited the most elevated risk levels on housing markets, Dubai was the only undervalued market, and the only one to be classified in a lower category than it was last year,...

The Ministry of Health and Prevention (MoHAP) announced 116 new coronavirus cases, bringing the total number of recorded cases in the UAE to 738,268. The Ministry stressed in a statement on Thursday that its aim to continue expanding the scope of testing nationwide to facilitate the...

The event is well set to deliver an exceptional showcase of Dubai to visitors and participants and to millions following the event from around the world DUBAI - In a reflection of the huge boost that Expo 2020 Dubai has given to global tourism recovery, key stakeholders and partners...

As part of the Year of the 50th celebrations, the UAE's Golden Jubilee Celebrations Committee invites the public for nationwide celebrations to mark a 50-day countdown to the 50th UAE National Day on Dec.2, 2021. For the first time in the history of the UAE, celebrations of the...

Fiscal deficit of 2020 to shift to surplus this year The UAE economy is rebounding from its deepest downturn in decades as oil prices recover and the country’s accelerated vaccination policy has allowed a broad-based reopening of sectors. In a report on MENA economies, the...

Around $3.7bln added to accounts held in UAE banks in just one month Around 13.5 billion dirhams ($3.7 billion) landed in deposit accounts of the banks in the UAE in just one month, increasing the total deposits to 1.928 trillion dirhams in August, the latest data from the UAE Central...

A look at what's in store for visitors at Global Village this year UAE - A coffee shop overlooking the lake; a new iconic structure; and new and modified walkways are among the upgrades Global Village will feature for its 2021 season. The destination reopens for its 26th season on...

Expo 2020 Dubai has welcomed 411,768 ticketed visits in its first 10 days since the start of the first World Expo being held in the Middle East, Africa and South Asia (MEASA) region. Meanwhile, the Federal Tax Authority (FTA) has called on official participants to avail the Value Added...

GCC investments in region topped $1.2bln in five years The UAE has been leading in GCC investments in the Sub-Saharan Africa region in the past several years, according to a Dubai Chamber white paper. Between January 2016 and July 2021, investments made by the Gulf Cooperation...

Sharjah has raised the number of people attending condolence tents to 100 people. Up to 20 people are allowed to offer their condolences at the homes. However, all the attendees should be fully vaccinated and should have green pass on their Al Hosn App. In the latest update the...