Dubai’s affordable housing subdues demand in the Northern Emirates

The increase in affordable housing in Dubai is having a negative effect on rents in the Northern Emirates, according to the latest report from...

Showroom of Tesla in Dubai will open later in 2017

Tesla, the world-leading manufacturer of electric cars, and the Dubai Investment Development Agency (Dubai FDI), an agency of the Department of Economic Development (DED)...

Despite low prices, MENA oil producers to spend heavily on projects

Oil producers across the Middle East and North Africa (MENA) region are continuing to spend heavily on oil, gas and petrochemicals production capacity despite...

Driving in Dubai set to become slightly more expensive

In addition to increased petrol prices and parking fees, drivers is Dubai will now have to pay a little extra for Salik gates passing. The...

Trump International Golf Club Dubai Opens Today

In celebration of the opening of the Trump International Golf Club Dubai at DAMAC Hills, DAMAC Properties led a golf course tour, with guests...

Luxury Residences at Waterfront Destination Bluewaters on Sale

Bluewaters home to the world’s largest observation wheel, Ain Dubai International agents Savills to manage sale of luxury townhouses and apartments on destination Meraas has appointed...

Dangerous Promotions May Trigger Legal Actions in Dubai

Cayan Group, a property developer, strongly condemned Russian model Viki Odintcova and her assistants’ daredevil stunt of hanging off the edge of the Cayan...

Unified rental contract to become mandatory in Dubai

Dubai Land Department (DLD) has announced the introduction of new unified property rental contact that will become mandatory for transactions from March this year. DLD...

What people shop for online in UAE?

Travel and entertainment categories lead the way in online shopping in the UAE In a recent online survey conducted by Nielsen, nine out of 10...

Dubai’s Private Sector Business Activity Signals Robust Growth

January data signaled the strongest improvement in non-oil private sector business conditions for nearly two years. This was highlighted by the seasonally adjusted Emirates NBD...

Investors’ desire for real estate exposure eclipses political doubt

Global Market Perspective ​​​​​​​​Q1 2017 2016 investment transaction volumes have come in ahead of our initial expectations at US$661 billion, 6% below 2015 which was...

Dubai Year in Review 2016 – Plenty of Opportunities

While low oil prices weighed heavily on many of Dubai’s trading partners and neighbours, the emirate delivered a strong economic performance in 2016, buoyed...

Positive Year Ahead for Dubai Construction

4,000 active projects in Dubai valued at $313.6 billion Dubai’s strong construction trends look set to continue through 2017 according to BNC’s Construction Analytics across...

Dubai attracted 14.9 million overnight visitors in 2016

Dubai attracted 14.9 million overnight visitors in 2016, recording a healthy five percent increase over 2015, and an impressive four-year (2012-2016) compound annual growth...

543 million riders used public transport in Dubai in 2016

HE Mattar Al Tayer, Director-General and Chairman of the Board of Executive Directors of Roads and Transport Authority (RTA) revealed that public transport means...

Virgin Mobile’s Proposed Entry into UAE Telecom Market Viewed as Beneficial

The announcement that Emirates Integrated Telecom Company (EITC) intends to introduce Virgin Mobile services on its infrastructure caused quite a stir in the market...

7th Arab Social Media Report ranks GCC at the top in...

Arabic most-used language across various platforms Facebook registers 156 million users compared to 115 million in 2016 Active Twitter users grow to 11.1...

Jumeirah Village Circle set to become home of luxury apartments

Explore A New Standard of Living with La Riviera Apartments Riviera Group introduces La Riviera Apartments, setting a new standard in luxurious apartment living. The...

DME starts 2017 with new open interest record

All-time record confirms growing interest and confidence in the Oman Crude Oil Futures Contract among global energy market players Dubai Mercantile Exchange (DME), the premier...

Future-oriented strategy boosts business confidence in Dubai

Future-oriented strategy boosts business confidence in Dubai Survey indicates 2017 budget, Expo 2020 and Dubai Plan 2021 fuelling expectations Business Confidence Index at 120...

Dubai Industrial Real Estate Hit by Capital Value Correction

The global economic anxiety and growth slowdown across regional markets has played a significant role in the decreased demand for industrial real estate in...

Expo 2020 Dubai Announces 47 Construction Contracts

98 non-construction contracts worth AED 360 million also to be awarded in 2017 Global companies Orascom-Besix awarded contract in Q4 2016 to develop...

Internet of Things Market Worth $724.2 Billion by 2023

Global Internet of Things (IoT) Market is primarily driven by the advancement in technology of electronic devices, according to our research report "Global Internet...

Oil and Gas Industry Adapts to The New Normal

Where the energy business takes place is now redefined by new fundamental shifts in the oil and gas industry. Triggered by low oil prices, such...