After an exacting year of 2016, the Dubai real estate market is expected to soften in 2017. However, Dubai prevails as the number one property market in the Middle East, while being ranked 23rd on a global scale, according to consultancy CBRE. The market …
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DED allies with International Live Events Association to strengthen business community engagement
The MOU is part of the efforts to involve the business community groups to support the growth of strategic economic sectors, in line with the mandate of DED. The main objective of the BCE initiative is to add value to Dubai’s economy by activating more …
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Bank promises backing for grassroots events
Dubai: The chief executive officer of the Commercial Bank of Dubai (CBD) has reiterated the community aspect of backing an important sporting event like the recently-concluded Dubai Tour. One of the UAE’s premier banks, CBD has been a sponsor of the …
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Two students travel 12,000km for internship at Gulf News
Dubai: Two media students have travelled over 12,000km for an internship at Gulf News. But what’s driving young people like them to the UAE? Alison Xiao, 20, and Natassia Chrysanthos, 21, students at the University of Sydney, Australia, are in their …
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Why you must mull buying property in Dubai this…
After an exacting year of 2016, the Dubai real estate market is expected to soften in 2017. However, Dubai prevails as the number one property market in the Middle East, while being ranked 23rd on a global scale, according to consultancy CBRE. The market …
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Dubai Properties awards contract for 1/JBR project
Dubai Properties (DP) has awarded Dubai Contracting Company (DCC) the contract for its 1/JBR residential project, the developer announced at a recent press event. The agreement was signed by Abdulla Bin Lahej, group CEO, Dubai Properties and Ian Harper …
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Abu Dhabi looks for spark in residential sector
Abu Dhabi’s real estate market witnessed a continued slowdown last year, triggered by the decline in oil prices and subsequent impact on government spending, and consolidation of businesses across various sectors. Against this backdrop of macroeconomic …
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UAE bank NBAD aims to double size of debt programme to $15 bln
DUBAI, Feb 7 (Reuters) – National Bank of Abu Dhabi (NBAD) said on Tuesday it will seek shareholder approval to double the size of its euro medium term note programme to $15 billion from the existing level of $7.5 billion. Shareholders will discuss the …
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Economy class passengers can now buy their way into Emirates' luxurious first class and business lounges for as little as $130
The airline are now giving members of its loyalty programme and their guests access to its luxury lounges at Dubai International Airport. The business lounge features a health hub, an exclusive first-of-its-kind Moët & Chandon champagne lounge as …
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Dubai's Government Launches Blockchain Trade Finance Trial With IBM
Dubai’s government is testing blockchain tech for trade finance in partnership with IBM. Dubai Customs, the emirate’s customs office, and Dubai Trade, an electronic trade services hub operated by the government, are helping spearhead the initiative …
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Dubai Properties Dh1b tower on track; to complete in 2019
Work is steadily progressing on Dubai Properties’ (DP) Dh1 billion 1/JBR tower, which is on track for completion in Q4 of 2019. Located at the entrance to Jumeirah Beach Residence, 1/JBR is a 46-story residential tower, with panoramic views of the Dubai …
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Why international interns choose Dubai
Dubai: Two media students have travelled over 12,000km for an internship at Gulf News. But what’s driving young people like them to the UAE? Alison Xiao, 20, and Natassia Chrysanthos, 21, students at the University of Sydney, Australia, are in their …
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UAE to be in the forefront of women’s empowerment
Dubai: The UAE aims to be among the top 25 nations worldwide excelling in the field of women’s empowerment, speakers at a panel meeting on women’s empowerment said on Monday. The first meeting of the United Nations Secretary General’s High-Level …
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Dubai government, companies team up with IBM on blockchain project
The initiative will provide real-time information about the state of goods and the status of their shipment to Dubai’s customs and trade agencies and companies involved in the trade process, IBM said. Dubai, which registered 647 billion dirhams ($176 …
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Abu Dhabi bakery gives free birthday cakes to needy
Abu Dhabi: A family’s love for Abu Dhabi has prompted them to launch a campaign to give free birthday cakes to people in need. Celebrating Life, a family-owned bakery in the capital’s Tourist Club area, will deliver a cake to someone in need on their …
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Food security tops UAE’s priorities, says Abu Dhabi Crown Prince
The Crown Prince of Abu Dhabi called on the Food Security Center Abu Dhabi, FSCAD, the Abu Dhabi Food Security Alliance and other stakeholders to devise proper plans and programmes for training, capacity building and enhancing national competencies on a …
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Abu Dhabi summit focus on industry matchmaking
Held from March 27 to 30, 2017 at the Paris-Sorbonne University Abu Dhabi, the Global Manufacturing and Industrialisation … become key to growth over the next decade.” – TradeArabia News Service
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