Dubai South said the extension of incentive package aims to help companies navigate the challenges posed by the Covid-19.
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4 fined Dh10,000 each for sneaking into protected Sharjah reserve
Hana Saif Al Suwaidi, Chairperson of the Environment and Protected Areas Authority, said that despite clear signage throughout the reserve, which stipulate that entry to the sanctuary is denied …
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UAE’s residential property prices, rents to fall 8pc, says survey
Majority of the UAE residents (59 per cent) are expecting a 8 per cent fall in residential property prices and rentals in the second half, according to Peninsula Real Estate, an investment and …
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Home of the Week: This $33 Million Dubai Mega-Mansion Comes With a ‘Free’ Rolls-Royce and Ferrari
Royce Wraith coupe parked in the driveway comes with the house. As does the matching black, ultra-rare $600,000-and-up Ferrari 599 GTO. Same goes for the fully custom, mustard-yellow Harley-Davidson …
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Dubai developer Nakheel in talks to refinance debt amid economic downturn: Reports
A shows a banner of Dubai’s property giant Nakheel flutters near construction sites and skyscrapers in the Gulf emirate of Dubai. (AFP) Dubai property developer Nakheel has approached banks to …
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Photos: The 5 most expensive villas launched this year in Dubai
Dubai has continued to witness the launch of ultra-luxury villas and penthouses even during the months of the coronavirus pandemic. The five most expensive luxury properties launched across Dubai in …
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Dubai property developer Nakheel in talks to refinance debt – sources
Dubai property developer Nakheel has approached banks to refinance outstanding debt, sources said, amid an economic downturn which is exacerbating property oversupply problems and has raised concerns …
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Further fall in UAE property values and rents, find out which areas
New poll finds that many UAE residents have already tapped lower rental payouts, many by more than 10 per cent from a year ago. Image Credit: Shutterstock Dubai: UAE property owners and tenants are …
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Key business entities join forces with Dubai Business Events
Dubai Business Events (DBE), the city’s official convention bureau, has signed eight memorandums of understanding (MoUs) with entities across the public and private sector, formalising and reinforcing …
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Rushing to hospital in Sharjah, woman delivers baby in car
An Egyptian couple in Sharjah literally had a “moving” experience as they welcomed their third baby on Sunday morning. Zainab M, in her 30s, gave birth to a healthy 2.6kg baby girl in a moving car as …
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Dogs take a dip in Dubai’s pup water park
Oddly Enough Dogs take a dip in Dubai’s pup water park. Posted . A Dubai-based day-care center for dogs has established a mini-water park where the canines can enjoy a cool splash …
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Dan Holdings Launches Coins App, a Crypto Social Payments Application
Coins App is a global social payments application for the Dan Holdings Blockchain Ecosystem, designed to integrate billions of people into the global world, by empowering them to move money freely acr …
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Abu Dhabi’s Adnoc Weighs Stake Sale in $5 Billion of Properties
Abu Dhabi National Oil Co. is exploring the possibility of selling a stake in its real estate portfolio, the latest effort by the state-owned energy producer to raise funds and attract foreign …
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First Abu Dhabi Bank Joins Mideast Lenders in Raising Provisions
Abu Dhabi’s biggest lender joined its regional Gulf competitors in setting aside higher provisions to cover a spike in bad loans brought on by the coronavirus pandemic.
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First Abu Dhabi Bank profit drops 25% as impairments up again
DUBAI – First Abu Dhabi Bank, the United Arab Emirates’ biggest lender, reported a 25% fall in quarterly profit on Tuesday, dragged down by another quarter of higher impairment charges. Its …
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Coronavirus news bulletin from UAE: 47 infected…
Here’s a round-up of all the latest Covid-19 developments you need to know: 47 infected with Covid-19 after family gatherings in UAE A top UAE government official has warned against hosting gatherings …
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‘Rediscover Abu Dhabi’: 5 of the best staycation offers to take advantage of
The new initiative aims to give residents a chance to reacquaint themselves with the emirate The Department of Culture and Tourism Abu Dhabi has launched a new campaign that focuses on highlighting …
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