Ras Al Khaimah Tourism Development Authority organises visits to more than 4,000 travel agents in 45 European cities so far this year Ras Al Khaimah Tourism Development Authority (RAKTDA) has further strengthened its position in Europe with targeted industry initiatives in the first five...

Al Habbai Contracting is hired as the main contractor for the Sabah Rotana project on Dubai's main highway. RSG Group of Companies has announced the appointment of Al Habbai Contracting as the main contractor for its Sabah Rotana project on Dubai's main highway. The contract, worth...

Azizi Star will offer more than 450 new apartments including 16 penthouses, says developer UAE-based Azizi Developments said on Monday it is on track to deliver its largest project in the upcoming development of Al Furjan - Azizi Star - by the end of 2018. Consisting of a total of 458...

Emaar Development says handover of homes in Emaar Beachfront project is scheduled for the third quarter of 2021 Emaar Development has taken possession of the land for construction of Beach Vista residences in Emaar Beachfront, the private island destination in the Arabian Gulf. Site...

Previously, First Abu Dhabi Bank and Emirates NBD played that role for the Abu Dhabi Securities Market, and Dubai Financial Market (DFM) respectively. ABU DHABI- The Central Bank of the United Arab Emirates has assumed the role of settlement and clearing agent for market transactions, the...

Positive sentiment towards future growth prospects reached a series-record high in May The latest figure signalled a sharp improvement that was the strongest recorded since April 2017. Latest survey data from the Emirates NBD Dubai Economy Tracker Index signalled a sharp and...

Akoya Oxygen will offer residents a serene, family-friendly community surrounded by beautiful landscaping and cascading water features. Damac Properties, a luxury real estate project developer in the UAE, has awarded a Dh72-million ($19.6 million) contract to China State Construction...

UAE master developer Nakheel has awarded a contract worth Dh447 million ($122 million) for the construction of a 12-lane bridge connecting Deira Islands, its premium tourism, leisure, retail and entertainment hub, with the Dubai mainland. The 600-m bridge, being constructed by Wade Adams...

Foreign direct investment to the UAE rose by eight per cent to $10.4 billion in part due to rising cross-border mergers and acquisitions sales, making the country the largest source of FDI in 2017 for the Arab region (at 36 per cent of total FDI inflow), a media report said. The UAE has ranked...

Renewal of existing licenses accounted for the largest share of the total transactions DUBAI- Dubai continued to be the destination of choice for businessmen and investors as the Department of Economic Department, DED, issued 1,689 new licenses and completed 26,184 transactions relating to...