UAE-based master developer Nakheel and leading Thai hotel group Centara Hotels & Resorts have reached a key milestone on their 600-room beachfront resort and waterpark at Dubai’s Deira Islands, with the official formation of the joint venture company and the signing of a management agreement....

Khazna Data Centers (Khazna), the only dedicated commercial wholesale data center provider in the UAE, has announced it is set to double its capacity by the end of 2019, delivering over 24 megawatt (MW) of IT load. The expansion will cover total build-up area of around 31,000 sq m across the...

Analyst says e-commerce competition 'will help change the culture of shopping in the region' Days after Amazon announced the launch of its first Middle East centres, online retailer Noon.com has gone live in the United Arab Emirates, boosting a rapidly nascent e-commerce sector in the...

Plans by Abu Dhabi Financial Group are unveiled for a new luxury mixed-use project in SW1 Plans for a new luxury mixed-use project in London's Westminster - developed by Abu Dhabi Financial Group (ADFG) and UK-based Northacre - were unveiled on Monday. Niccolo Barattieri di San Pietro,...

Developer signs agreement with Thai hotel group Centara Hotels & Resorts to operate 600-room resort, waterpark Master developer Nakheel and Thai hotel group Centara Hotels & Resorts on Monday reached a key milestone on their 600-room beachfront resort and waterpark at Dubai’s Deira...

DUBAI- The President of Mali, Ibrahim Boubacar Keita, has met with DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem, to discuss a trade and logistics master plan to unlock the resource rich country’s economic potential. The plan includes a transportation and logistics strategy with...

ABU DHABI- The number of commodities covered by the UAE's selective taxation has been announced as 1,610 items, 60 percent of which are classified as soft drink products, 26 percent as tobacco and its derivatives, and some 14 percent as energy drinks, all deemed as the most damaging to the...

The growth rate of the industrial sector in the gross domestic product (GDP) of Abu Dhabi, UAE amounted to 3.6 per cent in 2016, while the rate of cumulative growth of transformational industries in the GDP was 4.8 per cent from 2013 to 2016, a senior Abu Dhabi economic official said. ''The...

Dubai-based master developer Nakheel is making its way to Munich with a multitude of real estate investment opportunities worth more than Dh6.5 billion ($1.7 billion) as it exhibits at Expo Real in Germany for the first time. The only UAE developer exhibiting at the event, Nakheel is showcasing...

The Abu Dhabi National Oil Company (Adnoc) will lower its production of oil in November, reflecting the country’s commitment to reduce its share of production by 139,000 barrels per day, which was decided by the Organisation of the Petroleum Exporting Countries (Opec) said Suhail bin Mohammed...