UAE flowers and plants business estimated at over Dhs140m while the GCC region is estimated to be worth around Dhs970m. UAE geographic location and revival of real estate helping it become a major hub for flowers and plants trade. The UAE...
- The Global Cross-Border report shows Middle-East as one of the regions with the highest incidence of cross-border online shoppers  -  UAE consumers continue to increase their online shopping. In 2016, 68% of adults in UAE shopped online in the...
Two of the biggest economies of the Gulf Cooperation Council (GCC), UAE and Saudi Arabia are moving quickly towards cashless transactions. China (55%) and the UAE (26%) topped the list of countries adopting cashless transactions. Mastercard Advisors new global report The...
Property company Asteco Q1 2013 Dubai real estate report reveals increased demand is pushing Dubai real estate prices up further All residential developments in Dubai, especially those with quality buildings or those in prime areas, have continued where they ended...
The newly formed company, Emirates Global Aluminium, will have an aggregate value of more than USD 15 billion and will be the fifth-largest global aluminum company by production, once EMAL Phase II is complete in H1 2014. In a move...
Most of us use social networking media to 'consume' and disseminate information. In this day and age, these networking sites are vying with each other to provide greater levels of innovation for social interaction, information exchange, dialogue and collaboration....
Increased production is set to bring decline to the UAE's proven oil and gas reserves over the next few years, a recent report revealed. Business Monitor International's (BMI) United Arab Emirates Oil and Gas Report projected that proven oil reserves...
Banking & finance could serve as a key sector for maximising employment for women in the UAE Emirati women are more likely than their male counterparts to consider a position in banking and finance (29% vs 11%) found a major...
Gold vending machines were used by tourists and investors in the UAE for transactions worth $7m over the last 18 months, a leading Middle East business news website reported on Sunday. Quoting the CEO of Ex Oriente Lux, a German firm...
IoT Middle East 2018, to be held on 13th of March in Dubai to discuss new technologies and opportunities The fifth edition of the ‘Internet of Things 2018’ will be a cross-industry conference aimed for the business community to discuss bottom-line impacts,...
The world-famous horseracing industry of Dubai came to the salvation of a crisis-hit family in Uruguay, all thanks to Dubai's ruler Sheikh Mohammed bin Rashid Al Maktoum, also an avid sponsor, owner and rider of horses. When the economic crisis...
Emirates’ new Boeing 777-300ER aircraft fitted with its game changing fully enclosed private suites in First Class, as well as refreshed Business and Economy Class cabins, has now entered service, to the delight of customers. The new Emirates cabins were...
A new survey of the Dubai real estate sector revealed indicate that Dubai property market is currently undergoing a correction in property values over the three months to June, but the rental market continues to strengthen. According to the latest survey by...
Dubai Butterfly Garden is the first and the only butterfly garden in the Middle East Dubai Butterfly Garden is the largest covered butterfly garden in the world, which includes custom built domes and a butterfly museum. The Butterfly garden consists of...
Construction work on the replica of Titanic, an iconic ocean liner which sank on its maiden voyage 15 April 1912, is expected to start by the end of the year. Blue Star Line, which has undertaken the project, reveals talks are...
Year 2018 could be the year of the turnaround for UAE property prices, according to a leading real estate expert. According to analysis in Propertyfinder Trends, property prices are ripe for a rebound. Oil may command $80 a barrel by...
  Middle East comparison website Souqalmal.com , which is based in Dubai, aims to make the market easier for all of us to understand when it comes to financial and insurance products, schools and nurseries. Following an investment of USD 1.2m by Hummingbird...
E-commerce marketplace set to boom with the launch of Noon.com in Dubai and Riyadh An online shopping platform featuring 20 million products has been launched in Dubai and Riyadh. Emirati billionaire and businessman Mohamed Alabbar will surely be calling the shots of the...
Best opportunity for investors as UAE rental yields hold strong as property prices fall Despite the continued fall in prices across most communities, one data point is a bright spot in the real estate landscape: rental yields are staying relatively...
A new USD 272 million retail, residential and hotel development launched on Abu Dhabi’s Al Maryah Island is expected to be completed by 2017. Named the Sowwah Central, this project will feature a 214,000 square meter shopping centre, along with...
Bedbugs and cockroaches major problem for Dubai residents Imdaad, a leading provider of Integrated Facilities and Waste Management solutions in the GCC, has partnered with MoveSouq.com, the UAE based portal that connects residents to professional home service providers such as...
Sheikh Mohammad bin Rashid Al Maktoum, ruler of Dubai and also the UAE's vice president and prime minister, announced plans on Wednesday of establishing a cultural district in downtown Dubai which will include a museum, two art hotels and an...
Dubai's flagship airline that started 30 years back with just two planes and $10 million is now named the world’s most valuable airline brand, with an estimated value of $6.6 billion Emirates Airlines celebrated its 30th anniversary on 25 October...
Abu Dhabi's new upcoming iconic Midfield Terminal is on track to make a mark on the regional and international air transport map Abu Dhabi Airports announced that it has so far spent AED 12.5 billion or 66 percent of the...
Land, residential unit and building transactions exceeded AED 88 billion in value Total real estate transactions in Dubai for the first nine months of 2017 hits AED 204 billion (approximately $55.5 billion) According to Dubai Land Department (DLD), the total value of...
Emirates today celebrates the milestone delivery of its 100th Airbus A380 aircraft at a special ceremony with Airbus at the manufacturer’s delivery centre in Hamburg. Sheikh Ahmed bin Saeed Al-Maktoum, Emirates’ Chairman and Chief Executive officiated the ceremony. He was...
Propertyfinder Group Reveals the Homebuyers of 2017 Jumeirah Village Circle is Dubai’s most affordable villa community to buy (AED 758 per square foot), and one of the few that has experienced a price increase, indicating that demand remains healthy...
Real Madrid Café will be officially launched in Dubai on December 29th, 2014 as the first and only restaurant in the world named after and in collaboration with the popular football club. The momentous event will be made all the...
Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has launched the Dubai Plan 2021. Launching Dubai Plan 2021 is the beginning of a new phase of sustainable and...
Aviation to contribute $53.1 billion to Dubai’s economy, 37.5% to its GDP and will support over 750,000 jobs by 2020 According to the latest Oxford Economics Report, the aviation sector is all set to play an important role in shaping...
Emirates Airline plans to open a AED400 million (US$108.8m) flight training academy at Dubai World Central Airport as the carrier strives to meet its demands for pilots. The centre will have the capacity to train up to 400 students at...
Review of Sthan Restaurant in Dubai - Food beyond borders. Nothing more. Nothing Less. India. Pakistan. Afghanistan. Countries, once upon a time - long before the British Empire, existed as a single nation. United as one. Today, thanks to political, geographical and...
  An increasing number of Dubai residents prefer newly developed suburbs for relocation compared to highly populated established areas like Dubai Marina and Downtown. Dubailand has climbed to the top position on the list of most popular areas in Dubai,...
The GCC region is responding well to increasing healthcare requirements of its population by investing heavily in healthcare information technology (IT). According to a new report by Frost & Sullivan, GCC governments will be required to invest more than...
Dubai Motor Show 2013 - Leading Brands to Showcase Fastest and Most Exotic Cars at Region’s Most Important Automotive Show High octane, adrenaline-fuelled and horsepower driven, the world’s greatest one-of-a-kind supercars are set to draw record crowds as they touch down...
As the United Arab Emirates (UAE) is gearing up for the rollout of the first-ever tax in the country, here are the implications for the real estate sector Real estate brokering is defined as a service under the new...
  A new scheme has been introduced by Etihad Airways, providing travel benefits to employees of the Abu Dhabi government. The program was developed both by Etihad and Musanada (Abu Dhabi General Service Company). The partners will work hand in hand...
  MONEY TRADE COIN, the new age cryptocurrency, is able one more time to dazzle its investors’ expectations by listing on NovaExchange. The listing happened at 00:00 GMT and immediate trading was launched. The listing event is held at Burj...
The merger would create one of the largest listed real estate companies in the Middle East and North Africa region, with over AED 47 billion (US $12.8 billion) of combined total assets. Abu Dhabi-listed companies Aldar Properties PJSC (Aldar) and...
‘Dubai CommerCity,’ an AED 2.7-billion (US$735 million), 2.1-million square feet joint venture between DAFZA and wasl Asset Management Group, was launched today. Dubai CommerCity, the first free zone dedicated to e-commerce in the MENA region, is strategically intended to promote...