Carey also told reporters the group would look to expand its fuel stations into Dubai and Saudi Arabia next year … shortly after the bell versus an IPO price of 2.50 dirhams per share. ADNOC’s fuel-distribution IPO is set to become the first of many …
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UAE FMA launches Emiratisation programme
The UAE Financial Markets Association, UAE FMA, has announced the launch of the ‘Emiratisation Optimal Performance Scheme’ to encourage and support the local banking industry in implementing efficient nationalisation strategies. The programme launch in …
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Affordability, incentives driving Abu Dhabi real estate
The rental market has been relatively more buoyant than the sales market, with higher levels of activity compared to this time last year, stated Cluttons in its Winter 2017/18 Abu Dhabi Property Market Outlook report. A lot of demand stems from households …
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Dubai’s Amanat eyes $490m spend on healthcare, education
Amanat Holdings has about 1.8 billion dirhams ($490 million) to spend on acquisitions in healthcare and education as the Dubai-based investment firm expands across the Middle East. The company is looking “at a couple of acquisitions” and “the pipelin …
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Developers go all out to woo property buyers
The promoters behind City Properties, which was launched in 2016, have over 20 years’ experience in property management in Dubai and handle over 90 buildings and 5,500+ properties in the city. The average sales price at Al Haseen Residences is Dh1,000 …
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Yep, The UAE Is Adopting Tech Faster Than The West
An HSBC Study has found that the UAE is embracing digital adoption faster than West in all areas of life including financial services. HSBC’s new global research report, Trust in Technology, which includes research from over 12,000 people in 11 countries …
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A Roaring Success: Dubai Technology Entrepreneur Centre (DTEC)
You’re reading Entrepreneur Middle East, an international franchise of Entrepreneur Media. November was a busy month for Dubai Technology Entrepreneur Centre (Dtec), a tech startup hub developed by Dubai Silicon Oasis Authority (DSOA), the regulatory body …
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Dubai’s new Al-Khail bridge to open in Jan 2018
The project, contracted to UAE property giant Emaar, is in the final stages of completion in preparation for opening, RTA officials said. The new bridge aims to accommodate a huge influx of traffic from a massive expansion of Dubai Mall undertaken by Emaar …
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Dubizzle Reveals Popular Properties in Close Proximity to Dubai Water Canal
dubizzle Property has revealed the average rental and sale prices of properties in six hand-picked areas located on either side of the Dubai Water Canal, which recently completed its one-year anniversary. Inaugurated in November 2016, Dubai Water Canal is …
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International Property Show 2018 Set To Drive International Sales Through Its Country Pavilions
The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, is set to take place in Dubai from 9th to 11th April 2018 at the Dubai World Trade Centre, where it will be driving …
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Meliá Hotels Announces ME Dubai Hotel
ME by Meliá has announced its debut property in the Middle East with the launch of ME Dubai at the end of 2018. Designed by late architect, Zaha Hadid, ME Dubai is set to become a legacy hotel. It is the only hotel project where she personally designed …
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Solar power reaches Dubai’s chickens
A new solar power plant has been installed at Emirates Modern Poultry (Al Rawdah) farm in Dubai, providing power for more than 45,000 birds. The poultry farm, located 40 kilometres from Dubai, spans 538 hectares and is the UAE’s first such facility to …
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Cluttons: Affordability And Favourable Payment Terms Driving Activity In Abu Dhabi Real Estate Market
Residential Market Cluttons Winter 2017/18 Abu Dhabi Property Market Outlook report indicates that the rental market has been relatively more buoyant than the sales market, with higher levels of activity compared to this time last year. A lot of demand …
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Business Confidence in Dubai Improves on Stronger Demand
Businesses in Dubai are more upbeat about the final quarter of 2017 compared to the previous quarter, driven by increased demand during the winter months. The quarterly survey of Dubai Economy showed the composite Business Confidence Index (BCI) in the …
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Salvator Mundi: Abu Dhabi bought the $450 million da Vinci painting
Abu Dhabi’s Department of Culture and Tourism confirmed Monday … Start your day right with the latest news driving global markets, from major stock movers and key economic headlines to important events on the calendar. Daily newsletter, Sunday through …
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Kim Sullivan: My trip to Dubai
Dubai. What an adventure. It’s definitely a grandiose and spectacular place. Architecturally, you’d be hard-pressed to find a city so diverse and impressive, with the world’s largest tower, malls, a Ferris wheel and an indoor theme park. READ MORE …
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Kim Sullivan’s Arabian adventure through the dunes of Dubai
Dubai. What an adventure. It’s definitely a grandiose and spectacular place. Architecturally, you’d be hard-pressed to find a city so diverse and impressive, with the world’s largest tower, malls, a Ferris wheel and an indoor theme park. READ MORE …
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