Q1 2022 GDP up 8.2%, according to central bank's latest economic review The UAE economy is set to grow at its fastest pace in years on the back of higher oil production and commitment to expand its manufacturing sector, according to the central bank. The country's overall real...

The results come against the continuing strong performance of the Sharjah property market DUBAI - Arada has reported a 30 percent growth in the value of the property sold in the first six months of 2022, as buyer interest in the Sharjah and wider UAE property markets continues to grow....

The UAE Ministry of Economy (MoE) on Thursday held a media briefing on the issuance of the Due Diligence Regulations for Responsible Sourcing of Gold, in line with the Federal Decree-Law No. 20 of 2018 concerning anti-money laundering, combatting the financing of terrorism, and the financing of...

The Dubai Police has arrested a group of people, who were engaged in a heated argument in their residence at late hours. The group of African people appeared in a viral video on social media platforms while fighting in a public place and damaging properties. A criminal case has been...

An Indian Rehoboth Daniel living in Dubai and a Syrian Mohammed Karaman based in Riyadh on Wednesday joined the list of Dubai Duty Free dollar millionaires. Daniel's ticket number 1002 in Millennium Millionaire Series 394 was drawn on Wednesday in the in Terminal 3, Concourse A of...

Managing Operator of Mahzooz, the leading weekly draw in the UAE that has created 25 millionaires since its inception, changed the lives of numerous people with its 85th draw last week. The three UAE residents who each won Dhs100,000 are eager to improve the quality of life for their loved ones....

Prices slow down on a monthly basis, but are still significantly higher compared to last year: ValuStrat According to ValuStrat, after more than a year of exceptional growth, real estate prices in Dubai are starting to decline as more housing units are being introduced, mortgage...

With some of the leading hotels of the Region now members, the program has successful encouraged knowledge sharing, networking and redevelopment of the industry The Middle East Region of the Hospitality Sales and Marketing Association International (HSMAI) has tremendously aided...

In line with the directives of Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Sheikh Hamdan, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Monday launched the Dubai Metaverse Strategy that aims to turn Dubai into one the world’s top...

Bookings have increased 40% year on year in the first quarter as commuters park their cars and take a Swvl DUBAI - Higher oil prices have helped Dubai-based transport startup Swvl attract customers as people in its bigger markets such as Egypt and Pakistan ditch their cars in favour of...