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Month: April 2019

Posted on 14/04/2019

Visa reforms to boost expats’ confidence to stay in UAE

With the introduction of a 10-year-residence visa for highly-skilled workers and investors, it has created more certainty for expats and increased confidence for investors, which will have a direct …
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Posted on 14/04/2019

Saudis, UAE express support for Sudan military council

The UAE said it welcomed the swearing-in of Gen. Abdel-Fattah Burhan on Friday as head of that council. (This story has not been edited by Business Standard staff and is auto-generated from a …
( read original story …)


Posted on 14/04/2019

WhatsApp, Facebook, Instagram down worldwide, many UAE users affected

According to downdetector.com, issues began at around 6.30am eastern time (around 2.30pm UAE time). In the UAE, while some users reported receiving messages sporadically on WhatsApp, many took to …
( read original story …)


Posted on 14/04/2019

Bloom Properties to showcase diversified project portfolio at Cityscape Abu Dhabi 2019

Developer to expand footprint, enhance offerings in UAE market in 2019 Bloom to exhibit at stand 6D10 in Hall E of Abu Dhabi National Exhibition Centre Abu Dhabi: Bloom Properties, a Bloom Holding …
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Posted on 14/04/2019

Tilal Properties to Showcase Tilal City at Cityscape Abu Dhabi

The real estate developer eyes big sales of land plots for its mega project in Sharjah Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development, announced …
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Posted on 14/04/2019

UAE Properties Offer One of Best Returns Worldwide

… top-10 global cities for best rental returns Abu Dhabi and Dubai offer one of the best rental returns as both the emirates are ranked among the world’s top-10 cities where investments in property …
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Posted on 14/04/2019

Dubai property market Quarter 1 report: Allsopp & Allsopp

Allsopp & Allsopp’s Quarter 1 (Q1) of 2019 has seen a rise in buyer and tenant registration against a backdrop continued reports of oversupply in the Dubai property market. Allsopp & Allsopp’s Quarter …
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Posted on 14/04/2019

Dubai International Runway Closure May Cut Seats by 29%

Available airline seats at Dubai International will decline by 29 percent as the world’s busiest airport upgrades a runway. Dubai Airports will commence the 45-day long refurbishment of the southern …
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Posted on 14/04/2019

Abu Dhabi consolidates banking sector

In January, three Abu Dhabi banks announced plans to merge, creating UAE’s third largest financial institution and the fifth largest in the GCC in terms of assets. T h e A r a b W e e k l y The Arab …
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Posted on 14/04/2019

UAE gold prices fall, but buyers are in for another rate this week

Dubai: Gold jewellery buyers in the UAE are in for some bargains if they feel like popping into the shops today, as the precious metal has recently slumped to its lowest level in two weeks. Gold …
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Posted on 14/04/2019

UAE property market: Investment in real estate offers one of the best returns

Abu Dhabi and Dubai offer one of the best rental returns as both the emirates are ranked among the world’s top-10 cities where investments in property can get handsome gains. According to real estate …
( read original story …)


Posted on 14/04/2019

UAE, South Korea renew Dh20b currency swap…

A currency swap is a tool for defending against financial turmoil by allowing a country beset by a liquidity crunch to borrow money from others with its own currency. The UAE is South Korea’s …
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Posted on 14/04/2019

Bangladeshi family remembers mother honored by UAE

DHAKA: Khurshid Alam, 55, was watering the orchard in his backyard on Oct. 25, 2014 when he received news of the sudden death of his wife, Sufia Akhter Jusna, in the UAE. Sufia, 46, was a mother of …
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Posted on 13/04/2019

UAE real estate offers one of the best returns

Abu Dhabi and Dubai offer one of the best rental returns as both the emirates are ranked among the world’s top-10 cities where investments in property can get handsome gains. According to real estate …
( read original story …)


Posted on 13/04/2019

Video: New Sharjah-Khor Fakkan road opens

The 89-km Sharjah-Khor Fakkan Road Project, built at a cost of Dh5.5 billion. Image Credit: Gulf News/ Twitter They have been undertaken on the directives of His Highness Dr Shaikh Sultan Bin …
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Posted on 13/04/2019

Government initiatives, private sector efforts to stimulate demand expected to drive Dubai real estate market

With ample choices available for tenants, landlords continue to offer incentives in order to retain current occupants – this trend is expected to continue over the next 12 months, according to the …
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Posted on 13/04/2019

GCC finance ministers meet

The Finance Ministers of Saudi Arabia, United Arab Emirates, Kuwait and Bahrain met on the sidelines of the 2019 Spring Meetings of the World Bank Group and International Monetary Fund yesterday. …
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