Abu Dhabi and Saudi's Public Investment Fund have supported the space programme headed by British entrepreneur Richard Branson British entrepreneur Richard Branson said he expects his Virgin Galactic company to conduct its first space flight "within weeks, not months" in comments...

The NCMS said in a statement that there were 'no quake jolts were reported across the UAE' The UAE's National Center of Meteorology (NCMS) said there were no tremors in the country following a 2.1 magnitude quake in Iran. The NCMS said in a statement that there were "no quake...

UAE officials believe that the diversity and business models of freezones mean they will adjust to the new regulations allowing 100 percent foreign ownership of certain businesses in the country The new UAE rules that will allow 100 percent foreign ownership of companies will only...

Construction tender for Palm Jumeirah's tallest structure is expected to be released in Q1 of 2019, with project completion in 2021 Master developer Nakheel on Tuesday awarded a contract worth more than AED23.7 million ($6.5 million) for piling work at its iconic PALM360 luxury hotel...

Sheikh Hamdan issues resolution aimed at increasing the productivity and competitiveness of government entities in Dubai Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has issued a resolution aimed at increasing the productivity and competitiveness of...

As oil prices continue to rise, house prices and rents will recover next year Property prices and rentals in Abu Dhabi continued to decline in the third-quarter and the trend is likely to continue in fourth quarter and early next year but some areas could see recovery, according to...

Sharjah-based developer Arada plans to open a Zaha Hadid-designed 'experiental' sales centre in Q1 2019 Sharjah-based developer Arada sold 652 homes worth AED 545 million ($148.3 million) at this year’s Cityscape Global, a 42 percent increase on the company’s performance in 2017, when...

Residents move back into the Adriatic Building after a fire damaged the property in December 2016 Owners of Palm Jumeirah apartments damaged after a fire broke out in December 2016 have started to move back in, Asteco Property Management has announced. It said owners of...

Retailer Marka announces opening of its first Kitchen Restaurant Deli in Dubai Design District Dubai-based retailer Marka has announced an addition to its lifestyle portfolio with the launch of a homegrown dining concept, The Kitchen Restaurant Deli. Opening its doors in Dubai...

Emirates Global Aluminium announces progress on $1.4bn bauxite mine project in the Republic of Guinea Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has announced that first exports from its bauxite mine in the Republic of Guinea, West Africa,...