Undersupply or oversupply in Dubai property?
DUBAI 30 August 2020: For many years now, we have heard the same story about the Dubai property market – it is vastly over supplied and the oversupply is what has driven property prices lower. […]
Business
40 metro, marine stations to be upgraded by 2025
DUBAI 30 August 2020: Upgrade works on Dubai Internet City, Damac Properties, and UAE Exchange metro stations have reached 40 percent. “The project works include the construction of an additional western entrance at Dubai Internet […]
Dh2.45bn foreign investments in stocks in four sessions
ABU DHABI 28 August 2020: Foreign inflows into the UAE’s twin bourses amounted to Dh2.45 billion over the past four trading sessions, according to figures released by the two markets. This accounted for 48.3 percent […]
Emirates adds Conakry and Dakar to Africa network
DUBAI 27 August 2020: Emirates has announced it will resume passenger services to Conakry, Guinea, and Dakar, Senegal, from 3 September, taking the total number of cities served by Emirates in Africa to eight. Flights […]
GTA Dnata set to launch Vancouver operations
DUBAI 26 August 2020: GTA Dnata, Dnata’s joint-venture company in Canada, has been awarded a 5-year ground handling license and will establish operations at Vancouver International Airport (YVR). The company will provide safe ramp, passenger […]
Stimulus: Some RAK firms exempted from renewal fees
RAS AL KHAIMAH 25 August 2020: H.H. Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, has ordered that certain commercial activities that were especially hit by the lockdown […]
Adnoc invests $3.5 billion to upgrade Ruwais refinery
ABU DHABI 22 August 2020: The Abu Dhabi National Oil Company (Adnoc), has announced significant progress made on its Crude Flexibility Project (CFP), with 73% project delivery of Adnoc’s ongoing upgrade of refining capabilities in […]
FDI to developing nations to plunge by up to 50%
HANNOVER, Germany 19 August 2020: Global Foreign Direct Investment (FDI) to developing countries in Africa, Asia, and Latin America is projected to plunge by 25 percent to 50 percent in 2020 due to the Covid-19 […]
Hala launches in RAK with 500 taxis on Careem app
RAS AL KHAIMAH 21 August 2020: Ras Al Khaimah Transport Authority has announced the launch of Hala’s taxi e-hailing service across all major areas in the Emirate. The launch follows a successful pilot phase of […]
Own your home in Dubai South within 10 years
DUBAI 18 August 2020: Master-developer, Dubai South Properties, announced an new rent-to-own scheme for new tenants of The Pulse the heartbeat of its Residential District, with easy and direct access from Expo Road. Renters can […]