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UAE announces Dh 3 billion deals at IDEX

The UAE announced today its armed forces have struck a series of defence contracts worth over Dh 3 billion, reported the official news agency...

Economists, businesspersons upbeat about high credibility of Dubai economy

Economists and businesspersons are upbeat about the launching of US$20 billion long term bond programme by Dubai Government, saying the move reflects the UAE...

MSFNCA celebrates third anniversary and honours staff

Aisha Al Zaabi is  the best employee for 2008 His Excellency Tareq Lootah, Director General of the Ministry of State for Federal National Council...

Property Sales worldwide fell nearly 60 per cent in 2008

The latest comprehensive report  Global Capital Trends™, published by Real Capital Analytics, Inc. reveals that as perceived risk increased and lending decreased throughout 2008,...

UAE capital still one of most dynamic real estate markets in...

Organisers report 85% space already sold for Cityscape Abu Dhabi 2009 The economic slowdown and the corrections to global property prices are failing to dampen...

BCS welcomes RERA initiatives

1. Freezing of service charges positive step, says BCS CEO 2. Supports introduction of online registration system for Owners Associations 3. Looks forward to full implementation...

Arab Economic Council to expand Arab Trade Free Zone to include...

A high-level UAE delegation, led by His Excellency Mohammed Al Shihhi, Director General of the MoE, attended the 83rd meeting of the Arab Socio...

New Federal Law will grant residency visas to property owners

New federal law granting residency visas to owners of freehold property, regardless of their nationality or the size and value of the property, will...

The Interior Ministry warns of fraud

The UAE Interior Ministry has warned the cellular phone users against heeding unknown sms messages or phone calls, which inform them about wining awards...

RTA rejuvenates Salik portal, toll gate maps added

Roads & Transport Authority (RTA) unveiled an enhanced version of the Toll Gate Portal ( www.salik.ae ) in a stylish design offering e-services in...

Milford Real Estate closed it’s two offices in Dubai

According Dubai Eye (103.8),  Milford Real Estate LLC , which was established in 2002 prior to the inauguration of Dubai freehold property laws, closed...

Union Properties partners with Emirates Environmental Group

Union Properties PJSC (UP), one of the leading property developers in the United Arab Emirates has signed a Memorandum of Agreement (MOA) with the...

Tabreed announces record results

National Central Cooling Company's 2008 Un-audited Preliminary Financial Results are its Strongest to Date National Central Cooling Company PJSC (TABREED), 'Tabreed' the Abu-Dhabi based...

Recession or Depression?

A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...

RERA denies media reports on Dubai real estate market

Dubai Real Estate Regulatory Authority (RERA) has denied receiving a letter signed by 300 real estate investors, developers and advocates expressing their concern over...

Thales to present leading edge government solutions as Platinum Sponsor...

Thales, a leading international electronics and systems enterprise addressing security, aerospace and defense markets worldwide, is once again Platinum Sponsor of the Citizen ID...

Hande Oynar appointed Deputy Editor in Chief of Luxos Istanbul; the...

LUXOS, Your Local Guide to Global Luxury, is proud to announce Hande Oynar as its Deputy Editor in Chief of Luxos Istanbul; the newest...

Bailout actions for the Real Estate Sector badly needed

The United Arab Emirates may be preparing a bailout plan for the real estate industry, said EFG- Hermes, according Bloomberg. After the Government of...