Business

Sales prices for villas were unchanged in the second half of 2011 but the number of end-users buying both villas and townhouses increased as more families and professionals were able to switch from renting to owning.

The Dubai residential property market remained steady for the fourth consecutive quarter of 2011 in a clear sign that confidence is returning to the emirate's real estate market.

Statistics Centre - Abu Dhabi, issued today its periodic report on the Consumer Price Index (CPI) and the inflation rate in the Emirate of Abu Dhabi for the first 11 months of 2011 and the month of October 2011.

The Dubai Land Department sold eight foreclosed homes in Dubai in the first bulk sale of repossessed homes in the emirate last week.

Property Developer Nakheel has paid AED 7.3billion it owes to trade creditors under its debt restructuring proposal, said a spokesman for Nakheel.

Middle East carriers are expected to post a $300 million profit, less than half the previously forecast $700 million profit, as long-haul market conditions deteriorate, in particular those linked to the weak European economies.

The Arab Thought Foundation celebrated the end of its tenth Annual Conference FIKR10 with a dinner at the Pavillion hall, Burj Khalifa, Dubai.

O2 Network, conglomerate of marketing communications, public relations, branding and interactive firms, was recently named among “Arabia Fast Growth 500”.

Emirates NBD announced a tie-up with Gargash Enterprises to offer customers a flat rate of 3.25% on purchases of select models of Mercedes Benz vehicles

Emirates Competitiveness Council signs MoU with National Bureau of Statistics Ranked among the world’s top destinations to live and do business, the UAE has reiterated...

Al Zorah Development Company, a joint venture of the Government of Ajman and Solidere International, today unveiled the full master-plan of its ambitious Al Zorah Resorts project

Meraas announced it has appointed Al-Futtaim Carillion as project contractors for phase-1 of 'The Avenue', which is part of a three-phase project spanning 1.1 kilometers at a prime location in Dubai.

dnata’s operation at Erbil International Airport has expanded steadily, providing comprehensive ground handling and cargo services

A recent survey conducted by Bayt.com, the Middle East’s number on job site, and YouGov, a research and consulting organisation, has unveiled that 34% of MENA professionals are considering an industry shift

Armani Hotel Dubai, the world’s first hotel designed by Giorgio Armani in Burj Khalifa, is ushering in the festive season with a spectacular array of luxury lifestyle choices

The Old Town, the elegant Arabesque hotel in The Address Hotels + Resorts portfolio, has won two top laurels at the prestigious Gulf Connoisseur Awards 2011.

The UAE Cabinet on Sunday approved the new draft law on companies, which aims to enhance the flexibility and strength of the national economy

Emirates Airline has launched a baggage delivery service at Dubai International Airport - Terminal 3, so customers will no longer have to wait for their baggage on arrival