Dubai’s property market is stabilising and is on track to “bottom out” before the end of 2017, a new report by real estate consultancy Cluttons has found. While prices in the residential market continued to drop in the first quarter of the year, the …
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Dubai Real Estate Market on Course to Stabilize during 2017
A slowing rate of decline across all sectors of the Dubai real estate market suggests increasing stability and the expectation of the market ‘bottoming out’ before the end of 2017, according to leading international real estate consultancy, Cluttons.
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Free WiFi now in more Dubai taxis
Dubai: The Dubai Taxi Corporation (DTC) at the Roads and Transport Authority (RTA) has embarked on Phase II of the installation of interactive screens and free WiFi service project in 700 taxicabs in Dubai Marina, JBR, and Downtown areas. The step will …
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Abu Dhabi’s Plowing Ahead With These 10 Mega Projects During an Oil Slump
Abu Dhabi, which sits on about 6 percent of the world’s oil reserves, has pushed ahead with a construction program that began before crude prices slumped in 2014. From a branch of Paris’s Louvre museum, a new airport terminal and a nuclear power plant …
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Starting a business in Dubai: Legal business structures
The Department of Economic Development lays down acceptable legal structures for companies based in Dubai. The rules and regulations for each of these vary accordingly and the categorisation is based on the ownership of the firm. If you are a foreign …
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DO NOT PUBLISH- Abu Dhabi’s Plowing Ahead With These 10 Mega Projects During an Oil Slump
Abu Dhabi, which sits on about 6 percent of the world’s oil reserves, has pushed ahead with a construction program that began before crude prices slumped in 2014. From a branch of Paris’s Louvre museum, a new airport terminal and a nuclear power plant …
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Large fire burns in Dubai near site of dramatic 2015 blaze
A large fire broke out early Sunday at a high-rise complex under construction near Dubai’s largest shopping mall, sending thick gray smoke billowing over the heart of the city. The site is next to the Dubai Mall and near the 63-story The Address Downtown …
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Building near Dubai Mall catches fire
“It was around 5.40am that we saw the fire. At first look we thought it was Dubai Mall that caught fire and we were in shock,” Jaseem told Gulf News. He said soon they realised it was a nearby building under construction that caught fire. “I think the fire …
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UAE economy hits sweet spot
“On-going global political remained flat for Dubai South built stock. Uncertainties are likely to impact the performance of financial markets, which in turn will dent investor sentiment and appetite.” Charles Swanson, Surveyor, UAE Industrial Leasing.
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Rise in UAE trailer accidents prompts training review
… focusing on specialised skills required to drive heavy trailers and tankers will become mandatory in Dubai from the end of this year, Gulf News can confirm. The Roads and Transport Authority (RTA) has already introduced an additional theory class for …
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Dubai attracted AED 25.5 billion in foreign investment in 2016, Hamdan Bin Mohammad says
Dubai, as a city of the future that embraces talent, innovation and new business models, continues to inspire a new generation of companies that rely on modern technology and seek competitiveness. Eye on future Shaikh Hamdan said that Dubai’s FDI …
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UAE markets flounder as they wait for greater conviction
Last week the Dubai Financial Market General Index (DFMGI) was up 19.00 or 0.55 per cent to close at 3,480.43. Although not a big move, this was the best performance in seven weeks. For five of the past seven weeks the index was down while it was flat for …
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Shanghai Delighted by Dubai Property Show
Shanghai World Expo Exhibition hosted the Dubai Property Show. It was opened for the general public at the Convention Centre on Friday, 24th March, taking the emirate’s top properties to Chinese buyers. Majida Ali Rashid, assistant director-general of …
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Al Gergawi: Strong leadership, innovation make UAE a success
Abu Dhabi: The UAE is well-placed to tackle challenges thanks to the strong foundations laid down by its leaders and the culture of innovation they have fostered, Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs and the Future, said. He was …
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Passengers on WestJet, Emirates flights may have been exposed to measles
The news release said members of the public may have been exposed … They included: Emirates Airlines flight EK517, which departed Delhi, India March 19 at 4:12 p.m. and arrived in Dubai, United Arab Emirates at 6:13 p.m., and Emirates Airlines flight …
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Entry-level gaming laptops poised for growth in UAE
Dubai: Dell and Acer are seeing a growth in gaming, two-in-ones [detachables] and convertible [a computer that can be switched to a tablet style by folding] laptops in the UAE despite a fall in overall PC sales. Daniel Trachino, General Manager at Acer …
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Velop provides 100% internet speeds across home network
Dubai: Linksys has introduced Velop in a bid to provide fast … It serves as a router, range extender, access point and bridge which provides users the technology they need as they bring new and more devices into the home. It comes with single, dual …
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