The CEO of Dubai Corporation for Tourism & Commerce Marketing, shares the strategies, innovations and vision that continue to drive Dubai’s success as the world’s top tourist destination Dubai’s tourism sector has been on a remarkable trajectory, marking an 11 per cent increase in...

In line with the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to create the world’s best public beaches in the emirate, Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of...

The fund sold a $1.25bn five-year portion at 80 basis points (bps) over US Treasuries and another $1.25bn 10-year tranche at 90 bps over the same benchmark. Abu Dhabi’s ADQ, the smallest of the emirate’s three sovereign wealth funds, has listed a dual-tranche $2.5bn bond on the Abu...

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has directed the development of the ‘Dubai Car Market’, the largest and most advanced car market in the world. The initiative aims to solidify Dubai's position as one of the world’s...

This strategic move aims to leverage DP World’s global network to enhance the market’s connectivity with 77 ports worldwide Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai, has directed the establishment of the ‘Dubai Car Market’,...

The new vessels will increase the company’s fleet of LNG carriers from 14 to at least 22 vessels Abu Dhabi’s ADNOC Logistics & Services (ADNOC L&S) has awarded $2.5bn (Dhs9.2bn) worth of shipbuilding contracts to build new liquefied natural gas (LNG) tankers as part of the...

The Jumeirah Bay Island villa spans 18,800 square feet and features six bedrooms, a playroom, cinema, gym, and office space A six-bedroom villa on Dubai’s exclusive Jumeirah Bay Island has sold for Dhs240.5m($65.47m), marking the highest price ever recorded for a property, on the...

The new additions, Address Beach Resort Bahrain and Vida Beach Resort Marassi-Al-Bahrain, will allow members to earn and redeem Upoints, the programme’s currency U by Emaar, the loyalty programme of Emaar Properties, has announced its expansion to Bahrain, introducing two premium...

The National Center of Meteorology (NCM) has predicted that the UAE will witness gradual rise in temperature this week, with the possibility of light fog, active winds stirring dust and dirt, turbulent sea. This will occur between Monday and next Thursday, the NCM added. The NCM...

The foreign investment development programme is designed to attract Dhs650bn of investments to the emirate over the next ten years Dubai on Sunday approved a mammoth $6.8bn (Dhs25bn) investment package for the coming decade. The package aims to turbocharge the emirate’s ambitious...