Pictures: UAE aims to create ‘mini city’ in Mars by 2117

The UAE plans to establish a “mini city” and community in Mars within the next 100 years as part of a an ambitious space strategy unveiled by the country’s leaders on Tuesday. The Mars 2117 Project was launched by UAE’s Vice President, Prime ... ( read original story ...)

Trump Sons Eric, Donald Jr. to Attend 'Closed' Dubai Event

DUBAI, United Arab Emirates (AP) — President Donald Trump's two sons in charge of his global business empire will attend a closed-door event this coming weekend to mark the opening of the Trump International Golf Club in Dubai, organizers said Wednesday. ( read original story ...)

The price of gold in Dubai was Dh149.50 on Friday

Hedge funds and money managers raised their bullish wagers in COMEX gold to the highest in two months in the week to Feb. 7, and raised it slightly in silver, US Commodity Futures Trading Commission data showed on Friday. Japan's ... ( read original story ...)

Dubai Properties sweetens villa deals with…

Dubai Properties is leading the charge for recovery in the villa sales market in Dubai. The developer was the first to announce villa sales this year in La Quinta, phase two of its master community Villanova off the Dubai-Al Ain highway. In a bid to ... ( read original story ...)

Passenger-carrying drone to fly in Dubai

Dubai hopes to have a passenger-carrying drone regularly buzzing through the skyline of this futuristic city-state in July. The arrival of the Chinese-made EHang 184 — which already has had its flying debut over Dubai's iconic, sail-shaped Burj al-Arab ... ( read original story ...)

Abu Dhabi's Aldar Properties forecasts lower 2017 sales

ABU DHABI Feb 14 Aldar Properties, the state-linked builder of Abu Dhabi's Formula One circuit, expects sales of 3 billion dirhams ($816.8 million) in 2017, down from 3.5 billion dirhams in 2016, Chief Financial Officer Greg Fewer said on Tuesday. ( read original story ...)

Tenants have it their way in Abu Dhabi’s rental leases

Those looking out for a high-end apartment or villa to rent in Abu Dhabi should be able to get their way, with rates declining by 7 and 10 per cent respectively on these property types during 2016. From a landlord’s perspective, the current situation ... ( read original story ...)

Aldar Properties 2016 net profit surges to $762m

Aldar Properties, a leading property development company in Abu Dhabi, UAE, has reported a eight per cent jump in its net profit for the financial year ended December 31, 2016 which soared to Dh2.8 billion ($762 million) from Dh2.6 billion ($707 million ... ( read original story ...)