Abu Dhabi expects India to continue to be the largest source market for overseas arrivals in 2019 with a growth of around 10 per cent year-on year, a senior official said on Tuesday. In 2018, the capi…
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Abu Dhabi National Hotels secures Dh1.6bn loan for acquisitions
Abu Dhabi National Hotels secured a Dh1.6 billion loan from First … a subsidiary of Dubai’s biggest listed developer Emaar Properties. The value of the deal was not disclosed and the transaction was …
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Dubai developer plans new projects as new shareholders join
but will also bring years of expertise in real estate development business,” he added. Virtue said it is currently planning to develop one hotel and one residential building within the land bank of Du…
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Dubai Chamber hosts Kiribati president in effort to boost bilateral ties
High-level Kiribati delegation led by H.E. Taneti Maamau met with Dubai Chamber officials today to discuss bilateral business opportunities H.E. Buamim: Dubai is an ideal re-export hub for Kiribati pr…
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UAE telco du reveals plans for health blockchain solution
UAE telecoms operator du has announced plans … Jihad Tayara, vice president of Business Development and Partnerships at du, said: “BPaaS provides immense scalability, compatibility and cost …
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UAE launches key initiatives to boost real estate demand: report
With conditions remaining soft across most sectors of the UAE’s real estate market in 2018, the government launched a number of new initiatives to boost demand. In the year ahead, market performance w…
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Abu Dhabi HSBC Championship Leaderboard, Preview, TV Times
Designed by renowned desert course architect Peter Harradine, the course at Abu Dhabi Golf Club is long and challenging … Please keep me up to date with special offers and news from Golf Monthly and …
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Sharjah ruler awards oil & gas concessions to Italy’s Eni
Dr. Sultan bin Mohamed Al-Qasimi, a member of the federal Supreme Council and ruler of Sharjah, received on Sunday in his office Claudio Descalzi, CEO of Eni, Italy’s largest energy company, in the pr…
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UAE, Thailand make Asian Cup last 16, heartbreak for India
AL AIN, United Arab Emirates (AP) — Thailand’s decision to change coaches continued to prove to be a masterstroke but there was last-minute heartbreak for India at the Asian Cup on Monday. Thailand d…
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Dubai Ruler in Talks to Buy Some of Europe’s Most Famous Luxury Hotels
(Bloomberg) — Turkish billionaire Ferit Sahenk is in talks to sell some of Europe’s most famous luxury hotels to the investment firm owned by Dubai’s ruler as part of a debt restructuring, people wit…
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Dubai Parks and Resorts reports 22% growth in visits
LONDON: The Dubai theme park operator DXB Entertainments said its destination had seen a 22 percent rise in visits last year, although the news failed to impress investors, with shares in the company …
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Will government initiatives boost UAE property market?
The performance of both the UAE and Dubai real estate industry in 2019 will depend on how the market responds to the raft of government initiatives and regulations announced to stimulate demand. These …
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Abu Dhabi HSBC Championship preview and betting tips
Tommy Fleetwood aims to be come the first player to win the Abu Dhabi HSBC Championship three times in a row and he’ll pick up a chunk more money this time if he can pull it off. The Englishman beat R…
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UAE economy forecast to grow 3.8% over next four years
It added that recent measures to reduce cost of doing business in the UAE are expected to support activity within the country’s SME and private sectors in the near future. The outlook for the global e…
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Mary Robinson pulls out of Dubai festival over jailed UAE activist
Photograph: Jon Gambrell/AP The former UN human rights commissioner Mary Robinson has pulled out of a literary festival in Dubai after the publication of an open letter by authors, MPs and campaign gr…
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Abu Dhabi’s ADNH signs $440m loan to fund Emaar hotels deal
and First Abu Dhabi Bank (FAB) have signed an AED1.6 billion loan facility agreement. The agreement will provide ADNH with the financing capability to acquire a number of Dubai-based hotels from Emaar …
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US real estate delegation begins its tour in Dubai, reviews prominent real estate projects
Dubai, United Arab Emirates:Dubai Land Department (DLD) welcomed a US real estate delegation yesterday comprising several governmental and private institutions in response to an invitation sent to bro…
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