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Monthly Archives: February 2017

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...

Young People in Emerging Markets Expect Better Off Than Their Parents

A turbulent 2016—punctuated by terror attacks in Europe, Brexit, and a contentious US presidential election—appears to have rattled millennials’ confidence, according to Deloitte’s sixth...

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...

Basics You Need to Know about Investing in Dubai Property

Many people are interested in investing in Dubai property but do not know how or where to start. And most likely, they are not...

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...

EGF Set for the 2017 UAE Presidents Cup

The 5th United Arab Emirates (UAE) Presidents Cup sponsored by HSBC will be hosted by the Emirates Golf Federation (EGF) this weekend February 10...

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...

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...

Wellness Centre to offer a 360 degree solution in health

Dubai Herbal and Treatment Centre (DHTC) recently opened its new facilities offering a full spectrum in Health and Wellbeing. DHTC has newly introduced Feel...

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...

2017 Most– and least– optimistic countries

After a tumultuous 2016 that many people were only too happy to see the end of, one would expect people to be welcoming the...

S&P affirms Abu Dhabi’s ratings

S&P Global Ratings affirmed its 'AA' long-term and 'A-1+' short-term foreign and local currency sovereign credit ratings on the Emirate of Abu Dhabi; The...

Where expats earn the most?

European countries are top destinations for those looking to grow their careers outside of their home countries, according to HSBC’s latest Expat Explorer survey....