Novus Aviation Capital has successfully closed the purchase and leaseback for one additional brand new Boeing B777-300ER with Emirates Airline. The aircraft was delivered to Emirates on September 23, 2016 and will be on a […]
Volumes on the Dubai Gold and Commodities Exchange (DGCX) touched close to 14.76 million contracts, growing 40% from same period last year. This year, the Exchange recorded an average volume of 75,148 contracts a day, […]
Gulftainer (GT) USA, operators of Canaveral Cargo Terminal in Florida, and part of the UAE’s Gulftainer Group, has expanded its supply chain capabilities to serve shipping lines, along with domestic customers, with the addition of […]
The Real Estate Regulatory Agency (Rera), the regulatory arm of Dubai Land Department (DLD), has issued an official circular addressed to all companies and organisations that operate in the Dubai real estate industry, notifying them […]
In Jeddah, Abu Dhabi Fund for Development (ADFD), signed a founders’ agreement with Islamic Development Bank (IDB) to become a founding member at the Lives and Livelihoods Fund (LLF). LLF was initiated by a joint […]
Dubai’s non-oil trade with Latin America reached Dh17 billion in value in 2015, according to a recent study conducted by the Dubai Chamber of Commerce and Industry (DCCI) in the run-up to the Global Business […]
Gitex Shopper 2016, the largest and most anticipated consumer electronics show in the Middle East, was officially opened today by Sami Al Qamzi, Director General, Department of Economic Development in Dubai, in the presence of […]
Affordability remained the centre of discussions at the recently concluded Cityscape Global real estate exhibition in Dubai and the city’s rental market reflected just that in August 2016. In terms of yields, Dubai’s apartment rental […]
The region’s biggest ever retail extravaganza for consumer IT and electronics starts at 11am tomorrow (Saturday) when GITEX Shopper 2016 opens its doors to welcome visitors at the Dubai World Trade Centre (DWTC). Unrivalled prices […]
Hotels in the Middle East reported mixed August 2016 results, while hotels in Africa posted mostly flat results in the three key performance metrics when reported in U.S. dollar constant currency, according to data from […]