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Month: July 2018

Posted on 19/07/2018

How UAE Presidential Palace prepares for China visit

Dubai: The UAE Presidential Palace has prepared to receive Chinese President Xi Jinping, who start his three-day state visit on Thursday. An exclusive online video broadcast by CGTN, the English-langu…
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Posted on 19/07/2018

Chinese president visits UAE amid push to increase influence

While in the UAE, Xi plans talks officials on the Belt and Road project, as well as many other issues, including energy, agriculture, finance and scientific research, China’s official Xinhua News Agen…
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Posted on 19/07/2018

UAE looks forward to Xi’s visit, closer cooperation

UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum was quoted by UAE state news agency WAM as saying the “historic visit” will celebrate the strategic relationship between the …
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Posted on 19/07/2018

Dubai’s royal family just welcomed a brand new member

daughter of the vice president and prime minister of the UAE and ruler of Dubai, gave birth to baby girl on July 17. The happy news was shared to social media by several members of Dubai’s royal famil…
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Posted on 19/07/2018

Travel News: Chinese Tourists to Dubai

Ahead of President Xi Jinping of China’s arrival in the UAE later this week, Dubai Tourism reports continued growth in visitors from China. With a robust growth of 119 percent in overnight Chinese vis…
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Posted on 19/07/2018

Dubai’s Mashreq posts 5.2% rise in H1 net profit

Dubai-based Mashreq Bank on Wednesday posted a 5.2 percent increase in net profit to AED1.2 billion for the first half of 2018 compared to the year-earlier period. Operating ncome was up by 3.7 percen…
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Posted on 19/07/2018

Watch: New Dubai interchange set to open

Dubai: A new interchange on Shaikh Zayed Road will be completed in September, providing motorists with the necessary route to avoid the new Salik toll gate. On Wednesday, the Roads and Transport Autho…
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Posted on 19/07/2018

Dubai residential property rents, sales prices to continue decline in Q3 – Asteco

Dubai residential apartment and villa rental rates and sales prices continued to decline in the second quarter with further reductions expected over the next three months, according to real estate fir…
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Posted on 19/07/2018

Dubai real estate brokerage commissions reach $155m in H1 2018

Dubai’s real estate brokerage commissions have increased to reach $155 million during the first half of the year, with a total of 5,181 brokers, representing 2,113 offices, contributing to the sustain…
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Posted on 19/07/2018

Average Dubai property prices fall by 4% during Q2 – Asteco

Average villa and apartment sales prices fell by 4 percent during the second quarter of 2018, with an annual drop of 11 percent, according to Asteco. Its Dubai Real Estate Report Q2 2018 said the decl…
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Posted on 19/07/2018

Dubai developer courts Chinese investment with giant Chinatown

Emaar Properties will be building a Chinatown, claimed to be the biggest in the Middle East, as an additional retail component to its Dubai Creek Harbour project, the developer announced today. The re…
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Posted on 19/07/2018

An Expat’s Guide to Real Estate in Dubai

Dubai, a relative newborn on the world stage, was a city built around cars. And even though its economy is more diversified than those of its Gulf neighbors, this desert metropolis still feels ripple …
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Posted on 19/07/2018

Dubai’s Emaar Properties to double investments in Egypt – Alabbar

Dubai-based Emaar Properties plans to double its investments in Egypt to 100bn Egyptian pounds ($5.6bn) over the next five years, a local newspaper quoted the group’s chairman Mohamed Alabbar on Tuesd…
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Posted on 19/07/2018

Dubai Villa Sellers See Strengthening Market

The city’s real estate market suffered considerably when oil prices collapsed in 2014, hitting the budgets of some of Dubai’s most affluent residents and foreign buyers. The market for off-plan sales …
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Posted on 19/07/2018

FBR receives detail of Dubai properties owned by Pakistanis

ISLAMABAD: Federal Board of Revenue (FBR) has declared that it has received detailed information about secret properties and income of Pakistanis in Dubai. As per media reports, regarding this matter, …
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Posted on 19/07/2018

Daisuke Sugie vs. Shaolin Ribeiro Set For BJJ Super Match at Abu Dhabi Grand Slam Tokyo on July 29

Further details on ABU DHABI GRAND SLAM® JIU-JITSU WORLD TOUR will be announced in coming weeks. Keep up to date with all the latest news by following @ADWJJT on Instagram, Facebook and Twitter. Fight …
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Posted on 18/07/2018

Childhood Obesity Linked to Excessive Use of Technology in UAE, KSA

9 in 10 children have access to handheld technology in UAE and KSA The increase in access to technology and its use by children has been one of the rising concerns among parents globally. Close to 9 i…
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