Developments are part of plan to lengthen beaches in emirate by 400 per cent by 2040 Dubai has unveiled a major plan to develop 54km of beaches around Palm Jebel Ali, Palm Jumeirah and Al Mamzar, and a new beach at Jebel Ali. The new projects, launched by Sheikh Mohammed bin...

The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024 Dubai-based property and retail conglomerate Majid Al Futtaim (MAF) has raised $500m through a 10-year dollar-denominated green sukuk, as investor...

It includes national strategies to reduce carbon and regulate the use of solar energy products, sustainable tourism and other initiatives Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai has approved 78 environmental projects and...

The ultra-luxurious residences in Dubai is nothing less than a “megaproject,” Binghatti chief Bugatti, the renowned French luxury car brand, has joined forces with Binghatti, a prominent UAE real estate developer, to unveil a vision that will redefine luxurious living: the world’s...

The record transaction was for a penthouse located in the FIVE Luxe JBR Sensoria Tower Dubai has witnessed its fastest and biggest real estate deal with the sale of an AED50 million penthouse in just three days. The property is located in the FIVE Luxe Sensoria Tower. The buyer was a...

The violations include failure to adhere to safety procedures, use of expired materials and tools, and non-compliance with the standards for medical waste disposal The Department of Health – Abu Dhabi (DoH), the regulator of the healthcare sector in the emirate, has announced the...

The apartment is located in Marsa Al Arab and was sold by Luxhabitat Sotheby’s International Realty A record-breaking real estate transaction has taken place in Dubai with the sale of an AED420 million penthouse in Marsa Al Arab. The apartment spans 24,628 square feet, a private pool,...

DP World, Emirates Airline, Siemens Energy, Siemens Industrial, Terminus Group, Engie, and Gratiya Consultancy, to name a few, will set up offices at Expo City Dubai Expo City Dubai will soon be home to local and international businesses, organisations, and educational institutions....

Financial penalties handed to criminals financing terrorism The UAE has issued fines of more than Dh115 million ($31.3 million) in the first quarter of the year in its fight against money laundering and the financing of terrorism. UAE authorities have also extradited 899 criminals...

The maritime logistics firm expects the final offer price to be announced on May 26, after the book-building process ADNOC Group has increased the size of the initial public offering (IPO) of its logistics division to 19% due to “significant investor demand” for what will be the second...