Monthly Archives: July 2019
Meydan One to Bring First Cinépolis Cinema to Dubai
World’s fourth-largest cinema chain to open in Dubai in 2020
New megaplex to boast 21 screens, luxury lounge
Formats to include Macro XE,...
Dubai World Central customer numbers top 1.2 million in H1
Passenger traffic at Dubai World Central (DWC) surged to 1.2 million during the first half of 2019, compared to 517,813 during the same period...
UAE Leads Regional AI Market
The UAE’s recently-launched Artificial Intelligence Strategy 2031 is pioneering the Middle East and Africa’s artificial intelligence (AI) market topping USD 530 billion by 2022,...
DME records strong growth in forward trading; record number of participants
Average Daily Volume (ADV) in forward curve up 45% during Q2 versus Q1
Record number of participants trading Oman futures contract in 2019
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Dubai Economy unveils R&D platform initiative to boost competitiveness
Portal will promote innovation partnerships between the industry and academia and enhance productivity in Dubai
R&D collaboration to eventually bring financial benefits to...
Equity markets expected to be influenced by more earnings announcements
Global equity markets performed positively during the week on the back of upbeat Q2 2019 earnings and better than expected GDP growth during the...
Dubai ranks 5th in International Shipping Centre Development Index
The latest report by Baltic Exchange for trading and shipping and the Xinhua news agency of the China Economic Information Service based in London...
DLD launches integrated system for real estate governance
The Dubai Land Department, DLD, through its regulatory arm Real Estate Regulatory Authority, RERA, launched a first-of-its-kind electronic system titled "Mollak" that incorporates innovations...
GCC New construction projects announcements jump 33%
GCC witnessed the completion of US$88.5 billion (Dh324.8 billion) worth of construction projects in the first half of 2019
New construction contracts worth US$49...
Regional markets positively influenced by Q2 2019 corporate earnings
Global equity markets closed in negative territory during the week, as they were influenced by corporate earnings and the renewed tensions in US-China trade....
UAE Private Wealth Continues to Soar Amidst Global Decline
Steady gains in global personal wealth slid by more than 5 percentage points in 2018, according to a new report by Boston Consulting Group...
Dubai developer releases first homes in Wasl Port Views
wasl properties, a subsidiary of wasl Asset Management Group, announced the release of the first building of its unique ‘wasl port views’ development, which...
Summer #inAbuDhabi to feature fantastic entertainment, leisure deals
The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) has organised a host of epic entertainment events and offers for visitors...
UAE climbs three spots in Growth Promise Indicators report
The UAE ranked as high as 22nd from among 180 countries overall, and ahead of other Middle Eastern countries. The nation’s macroeconomic stability, openness,...
Eid Al Adha Holiday for Private Sector Announced
Eid Al Adha holiday for all private sector employees will begin on 9th until 12th Dhu al-Hijjah 1440 H, according to an announcement of...