Dubai stands out in the area of connecting importers and exporters in the global markets, a fact boosted by its many ports and airports. Numerous countries find it absolutely necessary to do business with and via Dubai. In addition, the 2018 Index of …
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Flagship Dubai project 1/JBR set for end-2019 handover
Dubai Properties has said that its flagship project 1/JBR – taking shape on one of the final plots of land in the Jumeirah Beach Residence (JBR) district – is on track for handover by the end of 2019. The deveoper said in a statement that 1/JBR will “set …
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Buy or Rent a Home in Dubai?
However, rents are expected to see an uptick in 2019 and 2020. Market observers, therefore, believe now is an ideal time to buy property in Dubai before the US Federal Reserve increases interest rates, forcing mortgage buyers in the UAE to shell out more …
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Damac nears completion of Dubai tower construction
offering an immediate move-in experience in one of Dubai’s most sought-after areas,” said Ali Sajwani, general manager of operations at Damac Properties. “We are looking forward to adding Tower 108 to our growing portfolio of completed towers that …
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DUBAI, United Arab Emirates | Detained Saudi women driving campaigners branded traitors
DUBAI, United Arab Emirates—Just weeks before Saudi Arabia … activists say several women’s rights campaigners were also banned from traveling abroad. Immediately after news of the arrests broke, pro-government Twitter accounts were branding the …
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Sharjah seeks closer Dutch ties after trade mission
state news agency WAM reported. The visit organised by Invest in Sharjah – the investment promotion agency of the emirate – is a follow up to the business roundtable in February, where Sharjah hosted over 150 Dutch investors, it added. The delegation …
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Abu Dhabi property market forecast to remain subdued
Abu Dhabi’s real estate market softened further in the first three months of 2018, with sales prices and rents for both apartments and villas still in decline throughout the UAE capital, according to Chestertons. Its residential market overview for Abu …
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UAE President adopts law to promote charitable work
The initiative is based on the awqaf concept of sustainable charitable endowment. Subscribe to Arabian Business’ newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.
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IBPC in Dubai highlights efforts to strengthen UAE-India ties
The Indian Business and Professional Council, IBPC, in Dubai recently hosted a meeting in cooperation with the Dubai Chamber of Commerce and Industry, which commemorated the Year of Zayed, and highlighted the Council’s efforts to strengthen UAE-India …
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UAE retailers, hotels slash prices during Ramadan to draw customers
the UAE’s shoppers flock to malls and supermarkets in Dubai. To their joy, major grocery chain operators have put the food and beverages on sale by up to 75 percent off, local newspaper Gulf News reported. Retailers and consumers were hit at the beginning …
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Exclusive: Dubai Aerospace in talks to place huge order for 400 jets
DUBAI (Reuters) – Dubai Aerospace Enterprise (DAE), one of the world’s largest aircraft lessors, is in talks to buy 400 jetliners from Airbus and Boeing and is prepared to expand its fleet through acquisition if talks fall through, its CEO told Reuters …
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Sharjah Holding unveils Uptown Al Zahia neighbourhood
Sharjah Holding, a JV between Majid Al Futtaim Properties and Sharjah Asset Management, has announced a new neighbourhood in Sharjah’s Al Zahia’s master planned development. Uptown Al Zahia is set to open in 2022 and is to be home to 700 families. The …
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Dubai Aerospace in talks with Airbus, Boeing over order for 400 jets
DUBAI (Reuters) – Dubai Aerospace Enterprise (DAE), one of the world’s largest aircraft lessors, is in talks to purchase 400 single aisle jets from Airbus (AIR.PA) and Boeing (BA.N), its chief executive said on Thursday. DAE, controlled by the government …
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Indian Business & Professional Council in Dubai Highlights Efforts to Strengthen UAE-India Ties During Recent Meeting
The Indian Business & Professional Council (IBPC) in Dubai recently hosted a meeting in cooperation with Dubai Chamber of Commerce and Industry which commemorated the Year of Zayed and highlighted the Council’s efforts to strengthen UAE-India economic …
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UAE, Lithuania set to boost trade, investment
Speaking to a visiting UAE business delegation led by the Dubai Chamber of Commerce and Industry in Vilnius, he said Lithuania plans to expand infrastructure at its airports and ports. “Lithuania is ripe with investment opportunities, especially within the …
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HSBC launches home loans for Abu Dhabi properties
Abu Dhab: HSBC on Tuesday launched home loans for select properties in Abu Dhabi in response to increased demand from customers. Eligible prospective home buyers interested in the Abu Dhabi market will be able to secure home finance with HSBC for completed …
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More rain expected tomorrow in UAE
Dubai: Residents who woke up to a spell of rain on Wednesday after the sandstorm and dusty weather earlier in the week can expect more showers on Thursday. The National Centre of Meteorology (NCM) forecast light to moderate rain early on Thursday, the …
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