Monthly Archives: September 2015
World Bank to open office in UAE
In a bid to promote the UAE’s status and strengthen its regional and international financial and economic relations, the Ministry of Finance (MoF) announced...
Launch of Meydan One Take Centre Stage at Cityscape Global
Meydan City Corporation has brought two of its major real estate developments to life in an interactive exhibition stand at Cityscape Global, the region’s...
UAE Population Nears 10 Million
How Many People Live in United Arab Emirates Right Now?
You might be surprised to find out that the number is very close to 10...
flydubai announces first network-wide sale with 30% off
flydubai today launched its first network-wide sale offering customers 30% off Business and Economy Class fares to Dubai and select destinations (#flydubaiSale). Customers who...
Expats’ Life in UAE: Great Quality at a High Cost
The international network for expatriates, InterNations.org has conducted a comprehensive survey about expats' life in UAE. You don't need to be a member to...
Residential property remains top choice for real estate investors
A new survey has revealed that more than half of investors would choose residential property as their number one option if they were to...
US Central Bank should delay rate increase until 2016 as global...
The International Monetary Fund said that it plans to downgrade its global growth outlook for the year, despite it is already at its slowest...
UAE comes second in global property investment ranking
A report published today by international real estate advisor Savills has ranked the United States of America (USA), the United Arab Emirates (UAE) and...
Getting Ready for Cityscape Global
It is that time of the year again when businesses and businessmen make new beginnings - some launch new projects while others invest in...
Foreign and institutional trading in Etisalat Group to start September 15
Emirates Telecommunications Group Company has announced that foreign and institutional trading of its shares on Abu Dhabi Stock Exchange will start on September 15th.
In...
Global Retail Sales to Reach USD 23 Trillion by 2025
Global retail sales could reach USD 23 trillion by 2025, with online retail sales at USD 4.3 trillion - nearly 20 per cent of...
Dubai airport traffic grows by 13 per cent in 7 months
A total of 44.98 million passengers passed through Dubai International Airport during the first seven months of 2015, indicating an increase of 12.9 per...
An intimate affair with Moroccan cuisine in a business hotel
The monthly food promotion arriving into Dubai Chronicle's mailbox turned into an invitation for dinner this September. And as Moroccan cuisine still sounds oriental...
Boeing, Emirates Celebrate Airline’s 150th 777 Delivery
Boeing and Emirates Airline today celebrated the simultaneous delivery of three 777s – two 777-300ERs and one 777 Freighter – marking the entry...
The Best Countries for Expats Revealed; UAE 19th
InterNations.org just released its Expat Insider Survey for 2015, which ranks the best countries for expats to live in.
In order to complete the survey,...
Falling oil prices create headwinds for the UAE real estate market
Transaction levels falling across Abu Dhabi, Dubai, Sharjah
Oil price decline impacting job creation affecting real estate
Affordability and supply levels impacting villa market
Boost from Iranian...
Will looming VAT, corporate tax hurt UAE expats?
For millions of expats working in the country, the fear of having to pay levies is very real, observes Saad Maniar…
Over the years, one...
2016 and 2017 Crude Oil Projections Lowered Further
The risk of a decline in global oil prices after the peak of the US driving season back in April was highlighted by the...