Select UAE communities buck realty downtrend

DUBAI 15 January 2019: Prices and rents have extended their decline but select communities bucked the trend, according to the 2019 UAE Property Market Report by Cavendish Maxwell. Average apartment prices in Dubai declined by […]

Indoor tomato farm to open in Abu Dhabi

ABU DHABI 15 January 2020: The world’s first commercial-scale indoor tomato farm using only LED lights to grow fresh tomatoes will begin operation in Abu Dhabi later this year, as part of Madar Farms’ investment […]

Court orders Djibouti to restore DP World rights

DUBAI 15 January 2020: DP World has won a further legal hearing against the Government of Djibouti over the Doraleh Container Terminal. A Tribunal of the London Court of International Arbitration ordered Djibouti to restore […]

No fees this winter for caravans on Dubai beaches

DUBAI 15 January 2020: Individuals can now utilise their caravans for camping on Dubai’s beaches without incurring fees, Dubai Municipality announced on Tuesday. Dawood Al Hajri, Director-General of Dubai Municipality, confirmed that camping with caravans […]

Dubai Sports Council becomes apex body

DUBAI 15 January 2020: Dubai government sports organisations have been placed under the supervision of Dubai Sports Council through Decree No. 01 of 2020, issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice […]

UAE stocks markets see rise for second straight day

ABU DHABI 15 January 2020: UAE stock markets continued their rise for the second consecutive day, amid improvements in trading, with market capitalisation of trading companies reaching Dh7.1 billion. The Abu Dhabi Securities Exchange General […]