DUBAI, United Arab Emirates–(BUSINESS WIRE)–Meydan One, a pioneering, next-generation lifestyle and retail destination, has announced that the project is on track for its launch in early 2020 with 6…
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UAE, Saudi Arabia using fintech, cryptocurrency for cross-border settlements
The United Arab Emirates and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose, the UAE’s central …
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UAE-Saudi digital currency in the works
Abu Dhabi: The UAE Central Bank has started work on a digital currency, together with the Saudi Arabian Monetary Authority (SAMA), in an effort to speed up financial transactions between the two …
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Planned UAE-China currency swap expected to boost trade
Abu Dhabi: The UAE Central Bank said on Wednesday that a planned currency swap between China and the UAE is going well and that transactions between the two countries are up 13 per cent year on year.
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Tilal Properties Concludes Successful Participation in Dubai Property Show in Mumbai
Tilal Properties, the Sharjah-based real estate developer, concluded its successful participation in the 10th edition of the Dubai Property Show in Mumbai, India, that was organized by the Dubai Land …
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Dubai’s Samana Developers taps former Damac VP for GM
RELATED ARTICLES: Dubai real estate transactions reach $44bn in 9M 2018 | Dubai real estate transactions reach $30bn in first half of 2018 | Sentiment in Dubai real estate market falls in 2017, expert …
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UAE and Saudi Arabian Central Banks to Jointly Launch a Cross-Border Cryptocurrency
It’s confirmed. The United Arab Emirates (UAE) and Saudi Arabia will work on cross-border digital currency. The exact date when it would be issued is still unknown but we know one thing …
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Tenants use falling rents to upsize homes in Dubai
A majority of tenants in Dubai are capitalising on the decline in rents to move to a bigger property. Some of them are also bargaining with their landlords to renegotiate more favourable contractual t…
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Chinese firm becomes Dubai’s seventh taxi franchise
With the latest additions, there are now 10,834 taxis operating in Dubai. Authorities are planning to introduce free wifi on the entire fleet under a deal announced in October. Read: Dubai to …
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UAE ranks first in Arab world for AI adoption
The UAE has been ranked first in the Arab world … automation of robotic operations, reengineering of business processes, blockchain, big data analysis for marketing, customer care and data …
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UAE to launch new integrated payment system
The UAE will soon launch a new integrated payment system that builds upon the success of the eDirham system launched in 2001, according to the Ministry of Finance. On Sunday, the Ministry of Finance h…
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Dubai’s Exceptional City Shopping Retreat Address Dubai Mall by Emaar Hospitality Group Welcomes Guests With New Look and Sparkle
Linked directly to the mall’s famed Fashion Avenue, Address Dubai Mall now welcomes visitors in a new look and sparkle. Emaar Hospitality Group, the hospitality and leisure business of global develope…
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Dubai South Concentrates on Hangarage
Dubai South, owner and operator of Al Maktoum International Airport’s Aviation District, plans to open up to seven new Code F hangars, located adjacent to plots already taken by Dubai’s DC Aviation Al …
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1,890 new housing units hit UAE property market in Nov
Supply and demand remained the key market trends for November with the newly-added residential units for the month surging to 1,890 through completion of six new projects in Dubai and one each in Abu …
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UAE residents negotiate better rental rates in tenant-friendly market
More than six in 10 UAE tenants negotiated a rent decrease on their existing property in the last year, a new poll from real estate portal dubizzle Property found. According to the poll of 1,400 condu…
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UAE leads Arab region in artificial intelligence adoption
The report by the Dubai Technology Entrepreneurship Campus, prepared in collaboration with ArabNet and startAD, also revealed that the UAE is followed by Saudi Arabia with an expected 31.3 per cent an…
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UAE leads Arab region in AI adoption
The UAE is leading the Arab region when it comes to the adoption of artificial intelligence (AI) solutions, which is set to see an annual growth rate of 33.5 per cent, a new report has revealed. The r…
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