Khalid Anib says 2.2 billion dirhams hotels purchase from Emaar offers strong returns The chief executive of Abu Dhabi National Hotels (ADNH), one of the largest owners of hotel assets in Abu Dhabi, believes that Dubai’s Expo 2020 event will help to alleviate the tough market...

Barjeel, or green building regulations, is expected to bring the energy and water savings for a very small incremental construction cost The emirate of Ras Al Khaimah (RAK) in the United Arab Emirates (UAE) has charted a distinct and innovative roadmap for the implementation of green...

The UAE currently ranks 33rd in the world, in terms of the size of its e-commerce market The UAE e-commerce market is poised to grow to $17.8 billion in 2020, and the logistics providers they choose will play a key role in the exponential growth of online shopping, according to...

Kokuka Courageous was carrying highly flammable methanol through the Gulf of Oman when it was rocked by explosions A Japanese tanker, one of two vessels attacked in sensitive Gulf waters this week, was heading to port Saturday, its owners said. The United Arab Emirates called on...

Renegotiation of the bilateral air service agreement between the UAE and India are expected to begin in two to three months Talks on the renegotiation of the bilateral air service agreement between the UAE and India are expected to begin in two to three months, it has been announced....

Jafza is one of the world's leading free trade zones and is home to over 7,500 multinational companies. Jebel Ali Free Zone Authority (Jafza) on Saturday said that it is offering long-term visas to its customers in order to attract and retain high caliber talent. Jafza is the...

Expansion project aims to boost Sharjah Airport's passenger handling capacity to 20 million by 2022 Sharjah Airport Authority (SAA) is expected to award the main construction contract for its 1.5 billion UAE dirhams ($408 million) Sharjah International Airport Expansion project by the...

Economy picks up speed in first four months of the year thanks to timely government measures Dubai's economy will deliver a strong performance this year due to the government's timely actions and corrective measures such as visa reforms, permanent residency, stimulus packages and fee...

Nation among world's top 20 largest foreign investors, pouring in $15bln in 2018 The UAE is increasingly emerging as a bigger foreign investor and has been ranked among the world's top 20 nations in terms of foreign direct investment (FDI) outflows, according to a new global report....

Real estate data platform Property Monitor says average house price in Dubai is now AED2.5m Average property prices in Dubai have declined by 14.5 percent in the past year to May, according to new research. Real estate data platform Property Monitor released its Dubai House Price...