ADNOC, the Abu Dhabi National Oil Company, has awarded OMV a 5 percent stake in the development of its Ghasha concession, ADNOC’s offshore ultra-sour gas mega project. Abu Dhabi expects the project to …
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Sharjah Police help prisoner throw birthday party for son
An inmate of a prison was able to celebrate his son’s birthday with his family, thanks to the kindness of the Sharjah Police. The inmate had requested the police to let him throw a party to celebrate …
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UAE says US-Taliban talks show ‘positive’ result
The US-Taliban “reconciliation talks” produced “tangible results that are positive for all parties concerned”, the UAE’s official WAM news agency said on Wednesday. A new round of talks would be held …
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UAE says ‘positive’ results from US-Taliban talks
The “US-Taliban reconciliation talks” produced “tangible results that are positive for all parties concerned”, state-run WAM news agency said. A new round of talks would be held in Abu Dhabi “to compl…
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Dubai says 1,748 new business licences issued in November
Dubai’s Department of Economic Development said the emirate remained a destination of choice for investment in diverse business sectors in November. Dubai’s Department of Economic Development (DED) sa…
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Venue Guide: Sharjah
Dubai: It is time to discover the UAE’s cultural heart, Sharjah, as we continue our series of venue guides, exploring the four 2019 AFC Asian Cup host cities. Sitting on the northern border of Dubai, …
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UAE residents can expect salary hike in 2019
Robert Half’s Salary Guide for 2019 found that 89 per cent of CEOs in the UAE are feeling confident about growth prospects and expect to achieve growth over the next 12 months. Join our WhatsApp servi…
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UAE backs Saudi rebuke of US Senate over Khashoggi killing
The statement, published Wednesday on the state-run WAM news agency, said the UAE rejects “unfounded allegations and accusations” as well as “attempts that would harm Saudi Arabia’s fundamental …
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Towers Half-Empty, Project Sites Silent: Dubai Builders Feel Market Woes
Dubai’s real estate downturn is forcing construction and engineering … in 2018 but that only one in four had projects currently active. BNC, which provides news and data on the construction industry …
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Dubai smelter signs $272mn deal to build most efficient power plant in UAE
Mubadala and Dubai Holding created a joint venture company to develop the power block and water desalination plant for EGA under a 25-year deal worth up to $272m (AED1bn). The project will fuel EGA’s …
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Dh6.2 billion pumped into mega tourism attraction in Abu Dhabi’s Yas Island
Abu Dhabi’s media cluster operator, twofour54, has brought in Aldar Properties to build a new permanent base for itself on Yas Island. Covering an initial gross floor area (GFA) of 95,000 square …
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Dubai’s property market slump hits construction sector
Dubai’s real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans, in turn raising fresh risks for the wider economy. Known for its glittering …
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Builders bruised by Dubai’s real estate market woes
DUBAI (Reuters) – Dubai’s real estate downturn … only one in four had projects currently active. BNC, which provides news and data on the construction industry, estimates the value of delayed …
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UAE sets up new fund accelerator for start-ups
A new fund accelerator has been announced by the UAE finance ministry with the aim … innovators from around the globe to establish business in the UAE. Sheikh Hamdan bin Rashid stressed that …
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Abu Dhabi Airports recognizes stakeholders and partner airlines at annual dinner
Annual dinner event hosted by Abu Dhabi Airports in appreciation of stakeholder and partner airlines’ contribution to excellent customer service Abu Dhabi Airports hosted its annual Stakeholder and Ai…
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‘Eco-conscious’ Luxury Resort Opens in Abu Dhabi
Renowned Middle Eastern hospitality brand, Jumeirah Group, has announced its sixth new property that is set to open this year in Abu Dhabi. Located on the UAE capital’s Saadiyat Islands, the hotel is …
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Dubai’s ultra-prime property still a magnet for investors
Expo 2020 is expected to have a huge impact on Dubai’s property market. The potential increase in economic activity and business sentiment should provide a boost to the economy and improve growth pros…
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