The Dubai rental market continues its boost as the average rent witnesses a jump of 27 per cent this year, with the demand also getting a major boost in line with strong economic activity …
UAE provides the road map as police foil global drug cartels by ‘following the money’
But in the drug cops TV drama The Wire as well, detective Lester Freamon says: “You follow drugs, you get drug addicts and drug dealers. But you start to follow the money.” Subsequently, Barack Obama …
UAE food producers struggle with global challenges
Local manufacturers are keen to support the UAE’s long-term food security vision, but progress is hampered by issues such as the Russia-Ukraine conflict, inflation and increased competition …
UAE National Day: Sharjah Ruler grants amnesty to 333 prisoners
The Ruler of Sharjah has ordered the release of 333 inmates who are currently serving their sentence at the emirate’s central …
Dubai-based Omniyat launches Orla, a ultra-luxury residential property
Designed by Foster+Partners and managed by hospitality brand Dorchester Collection, Orla offers a bespoke lifestyle steeped in sumptuous style …
Dubai Chamber of Commerce launches Bottled Water Business Group, Circular Packaging Association
Business groups aims to unify the voice of the business community and promote the private sector’s role in economic growth …
Abu Dhabi’s ADNOC working with Goldman Sachs on gas business, sources say
Abu Dhabi National Oil company (ADNOC) has engaged Goldman Sachs to work on consolidation of its gas operations for a planned stock market flotation next year, two sources close to the transaction …
DMCC gathers over 250 Israeli business leaders
Dubai’s free zone holds its first-ever physical Made For Trade Live event in Tel Aviv; Event highlights opportunities in Dubai and builds on DMCC’s longstanding …
Saudi imports from GCC countries hit SAR 6.58 bln in September; UAE accounts for 62%
Saudi Arabia’s imports from GCC countries rose38% year-on-year (YoY) to SAR 6.58billion inSeptember, according to a recent report by the General …
Zayed Al Katheeri aiming high after historic feat at Abu Dhabi World Professional Jiu-Jitsu Championship
ABU DHABI, 29 November (BelTA – Emirates News Agensy). – Zayed Al Katheeri made history when he became the first Emirati black belt to earn a gold medal at the Abu Dhabi World Professional Jiu-Jitsu …
UAE revamps bankruptcy rules amid family business reform
The new law will come into effect by January 2023, creating a ‘huge’ effect on national economy UAE revamps bankruptcy rules amid family business reform bankruptcy law, Commercial Companies Law, …
Dubai luxury property market eyeing a record 2023: Knight Frank report
The prices are set to rise 13.5 per cent next year as more and more foreign buyers and high-net-worth individuals are showing keen interest in the Dubai market, which also covers neighbourhood areas …
Top Headlines: India-UAE trade deal; crude import basket at 10-month low
The price of the Indian basket of crude oil has hit a 10-month low of $88.6 a barrel in November, government data showed …
Prime residential market in Dubai set for world’s strongest growth in 2023
Prime values are being fuelled by Dubai’s safe-haven status, an exceptionally diverse range of international ultra-high-net-worth individuals in search of luxury second homes, combined of course with …
Teams for Hero Cup in Abu Dhabi announced with Fleetwood and Molinari as captains
The teams for the inaugural Hero Cup in Abu Dhabi were announced on Monday, with Tommy Fleetwood set to captain the Britain and Ireland side up against a Continental Europe led by Francesco Molinari.
Police in Dubai, elsewhere bust ‘super-cartel’ running 1/3 of Europe’s cocaine trade
Police have smashed a huge drug “super-cartel” that controlled around a third of Europe’s cocaine trade, arresting 49 people in various countries, including six chief suspects in Dubai, Europol said …
UAE’s new family business law to come into effect in January
The impact of this law on the economic development will be huge since 90 per cent of private companies in the country are family businesses,” Abdullah Al Saleh, Undersecretary of the Ministry of …