The UAE’s budget balance will return to surplus by 2019, owing to the recovery in oil prices, the introduction of new taxes – most notably the value-added tax in 2018, according to a new research note. Analysts BMI said capital expenditure will drive total …
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Dubai’s Emaar Development falls on listing
Shares in Dubai real estate firm Emaar Development fell on their debut on Wednesday in the emirate’s first major listing since 2014, reflecting sluggish Dubai property prices and geopolitical jitters. Dubai’s real estate market, a magnet for foreign …
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Dubai launches 2nd round of real estate awards
The Dubai Real Estate Institute (DREI), the educational arm of Dubai Land Department (DLD), and Awards International has announced the launch of the second edition of the Gulf Real Estate Awards. The awards programme aims to reward innovation in the real …
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Hamilton faster than Vettel in 2nd Abu Dhabi GP practice
ABU DHABI, United Arab Emirates (AP) — World champion Lewis Hamilton posted the fastest time in the floodlit second practice for the Abu Dhabi Grand Prix on Friday. Sebastian Vettel was second. After Vettel achieved a lap record during the first practice …
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UAE strongly condemns terror attack on mosque in Egypt
The UAE has condemned, in the strongest possible terms, the terrorist blast that targeted Al Rawdah Mosque in Bir Al Abed, North Sinai Governorate, on Friday. Over two hundred worshippers were killed or injured in the attack. In a statement issued on …
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Property prices and rents in both Dubai and Abu Dhabi down considerably year on year
It has not been a good year for residential property markets in the United Arab Emirates with the latest index figures showing that both prices and rents have fallen considerably compared to a year ago. Both Dubai and Abu Dhabi are seeing a downturn in …
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Formula 1 poised to unveil new logo at Abu Dhabi Grand Prix
Several new logos have been registered at the European Union Intellectual Property Office, with one set to be used from the start of 2018. It is understood a sneak peak of the logo will be revealed after the Abu Dhabi season finale, potentially featuring …
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Abu Dhabi GP, Practice Two: Lewis Hamilton ahead of Sebastian Vettel
Lewis Hamilton set a new lap record around Yas Marina to finish ahead of Sebastian Vettel in Practice Two at the Abu Dhabi GP. The world champion posted a best time of 1:37.877 – surpassing the previous record of 1:38.434 he set back in 2011 – to finish 0 …
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Ferrari’s Sebastian Vettel fastest in first Abu Dhabi GP practice
Get unlimited news Full access to our news and in-depth Autosport Plus … Vettel to the fastest time in second practice for the Formula 1 season-ending Abu Dhabi Grand Prix 1511534223 F1 Honda set for new supplier after McLaren exit Toro Rosso-Honda …
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F1 news: Red Bull driver Max Verstappen reveals target for Abu Dhabi Grand Prix
The Dutchman has been tipped as a future Formula One champion after making waves alongside Red Bull team-mate Daniel Ricciardo this season. And he’ll be out to claim his third grand prix victory of the campaign at the Yas Marina Circuit this weekend.
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Toro Rosso’s Brendon Hartley gets another grid penalty in Abu Dhabi
Brendon Hartley’s run of grid penalties in his early Formula 1 races will continue in the Abu Dhabi Grand Prix with another power unit element change for his Toro Rosso-Renault. With Renault struggling to find sufficient race-worthy parts, Hartley has …
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Formula One to unveil new logo in Abu Dhabi
LONDON (Reuters) – Formula One will unveil a new logo after Sunday’s season-ending Abu Dhabi Grand Prix as the sport moves on under new U.S.-based owners Liberty Media. Without giving details of the replacement design, chairman Chase Carey told Britain …
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Abu Dhabi GP: Hamilton strikes back in FP2
Lewis Hamilton beat Ferrari Formula 1 rival Sebastian Vettel to the fastest time in second practice for the season-ending Abu Dhabi Grand Prix. The Mercedes driver clocked a 1m37.877s to finish 0.149 seconds clear of Vettel, with Red Bull’s Daniel …
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Hamilton on top in Abu Dhabi with record lap time
ABU DHABI: Lewis Hamilton reeled off a track record lap as he topped … of Renault and two-time champion Spaniard Fernando Alonso of McLaren Honda. Get latest news & live updates on the go on your pc with News App. Download The Times of India news app …
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Abu Dhabi GP: Fernando Alonso struggles for McLaren-Honda positives ahead of final race
After three years of failure – with little performance and even worse reliability – McLaren and Honda will go their separate ways after this weekend’s Abu Dhabi GP, with the Woking outfit switching to Renault engines for 2018. Once one of Formula 1’s most …
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UAE doctors talk of issues regarding the digital pill
Dubai: Dr Arun Kumar Sharma, consultant neuro physician at Medeor … Although the digital pill has been released by the FDA only a few days ago, we are assimilating the news and its practical implications for its future usage. The composite opinion …
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MAG Property inks International Property Show deal
Dubai-based MAG Property Development (MAG PD) has signed up as a strategic partner for the 14th edition of the International Property Show (IPS), one of the Middle East’s biggest property sales platforms for local and international real estate markets …
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