Majid Al Futtaim founded Majid Al Futtaim Group in 1992, which has projects and businesses in several countries One of the most prominent business leaders in the UAE, Majid Al Futtaim, has died. His death was announced on Friday. Sheikh Mohammed bin Rashid Al Maktoum,...

With its festive season in full swing, the opening celebrations of the 27th edition of Dubai Shopping Festival (DSF) has add more colours, lights and smiles on the faces of the visitors including the tourists gathered to watch a series of fireworks, entertainment and fun. As many as 5,000...

According to the Ministry, the infected individuals are from various nationalities, are in a stable condition, and receiving the necessary care The Ministry of Health and Prevention (MoHAP) announced that it conducted 337,670 additional COVID-19 tests over the past 24 hours, using...

Dubai Land Department says Expo 2020 has positive impact on transactions Expo 2020 is having a positive impact on Dubai property sales, with transaction volumes reaching close to $5 billion in November, making it the best month in almost eight years, the Dubai Land Department (DLD)...

Firm targets stakes in real estate, hospitality, healthcare, petrochemicals Abu Dhabi’s Alpha Dhabi Holding, a subsidiary of International Holding Co. (IHC), has announced plans to invest up to 8 billion dirhams ($2.17 billion) across core sectors. The investments will be in real...

The new measures are effective from Sunday, December 19 Authorities in Abu Dhabi have updated the procedure to enter the Emirate from within the UAE. EDE scanners will be used to scan people at entry points, effective from Sunday, December 19. EDE scanners use advanced technology...

The global data website Statista expects the UAE to attract more than 31 million tourists annually by 2025 The UAE’s tourism sector was the quickest globally to recover from the impact of Covid-19, the country’s Vice-President has said. As he launched the World’s Coolest Winter...

Villa prices have reached pre-pandemic levels, but apartments have not, says consultant Villa prices in Dubai have reached pre-pandemic levels and are inching towards their 2014 peak, but capital gains are slowing down, according to ValuStrat. In its November 2021 Dubai...

The UAE Central Bank imposed administrative and financial penalties on a bank in the UAE for breaching the Anti-Money Laundering law. The decision was taken in accordance with the provisions of Article 14 of the Decree No.20 of 2018 on Anti-Money Laundering, combating the financing of...

Economic growth will increase to 6.5% in 2022 after growth of 1.7% in 2021 The UAE economy will grow by 6.5 percent in 2022, meaning it will reach its pre-pandemic level in the first quarter, according to forecasts by the ICAEW. Higher oil output, loosening of the COVID-19...