Star Rating is coming for your electric gadgets in UAE

ABU DHABI 28 April 2018: The Emirates Authority for Standardisation and Metrology (Esma) will award stars to categorise energy-consuming home appliances such as air conditioners, refrigerators, washing machines and dryers. The rating will be indicated […]

RTA denies plan for Abu Dhabi-Dubai Hyperloop

DUBAI 27 April 2018: Dubai’s Roads and Transport Authority (RTA) has rubbished suggestions of a planned Hyperloop TT link between Abu Dhabi and Dubai. “RTA has denied the validity of the announcement of the Hyperloop […]

Major mall coming up at Kalba waterfront

SHARJAH 26 April 2018: Master developer Eagle Hills Sharjah has appointed East Coast Contracting and Trading as a contractor for its Dh160 million Kalba Waterfront project. The retail development will answer the growing demand for […]

NMC Health launches US$450 million bond offering

DUBAI 24 April 2018: NMC Health plc, leading UAE private healthcare operator, has announced the launch of an offering of senior, unsecured, guaranteed convertible bonds due 2025 with a principal amount of US$450 million, convertible […]

New Dubai Mortgage & Finance Law coming: DLD

DUBAI 23 April 2018: Dubai Land Department (DLD) has announced a number of new initiatives that include a new Mortgage & Finance Law – to stimulate investment and streamline financial mechanisms in the real estate […]

Dubai’s GDP reached Dh389 billion in 2017

Dubai 23 April 2018: Dubai Statistics Center (DSC) has revealed that Dubai’s real gross domestic product (GDP) reached Dh389 billion in 2017 compared to Dh379 billion in 2016. According to DSC, the growth was fueled […]

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