Fine of AED 50 000 for sharing villa

Starting August, landlords will be fined AEF 50 000 for sharing villa, whcih is violation of municipal law. Starting August 1st, the fine of AED...

The Ruler of Dubai sets up Support Fund

Vice President and Prime Minister of the UAE H. H. Sheikh Mohammed bin Rashid Al Maktoum has issued in his capacity as Ruler of...

Ministry of Economy joins hands with National Medial Council to...

The UAE Ministry of Economy joined hands with National Media Council in Dubai to organise a seminar on the ways to deal with intellectual...

Cisco Capital launches Captive Financing Arm in Dubai to serve Gulf,...

First major IT company to open a financing entity in Dubai International Financial Center Cisco today announced the launch of Cisco CapitalSM (Dubai) Ltd., an...

UAE initials Air Services Agreement with Bulgaria

The United Arab Emirates represented by the General Civil Aviation Authority (GCAA) has initialled an Air Services Agreement (ASA) and has signed a Memorandum...

Deyaar to hand over The Citadel in August

1. Seventh Deyaar project to be delivered in 2009 2. AED 700 million premium office tower located in Business Bay 3. Project comprises 565,000 square feet...

BAS-ML Economics – Global Economic Weekly: Too early to withdraw the...

Summerized bellow is a recent Banc of America Securities-Merrill Lynch research report titled, "BAS-ML Economics - Global Economic Weekly: Too early to withdraw the...

Burj Dubai to open later this year

Burj Dubai, the tallest tower in the world, will be completed later this year according to contractors involved with the project. The sources said work...

Prices of building materials down by 61.3%

Statistics Center - Abu Dhabi (SCAD) issued today its monthly building materials prices index, for the month of June. The statistical release is coming in...

Oil Prices to remain volatile

Analysis and discussion with Doug Sandler of Riverfront Investment Group

Emaar Properties hands over Burj Views homes in Downtown Burj Dubai

1. Highlights further evolution of the city's new and definitive lifestyle destination 2. Three-tower residential complex in the new heart of the city features studios,...

Global Real Estate Market in Review

No Rebound, but little room left to fall Global transaction volume continues at a remarkably sluggish rate, accordig real estate market analysts worldwide. Although...

Inflation in Dubai slows to 5.4pc

Dubai's inflation rate slowed to 5.4 per cent in the first five months of 2009, compared to 8.7 per cent a year earlier, the...

Emaar International Jordan completes second phase design of homes in Samarah...

1. Complements Government’s focus on developing Dead Sea region 2. Modern amenities, world-class design and easy access are highlights of Samarah 3. Brings Emaar’s proven track-record...

U.A.E. Economy to contract 2.4% this year according Credit Suisse

The economy of the United Arab Emirates, the second largest in the Arab world, will contract by 2.4 percent this year as crude oil...

European Commission commends Emirates’ websites

The European Commission’s Director General for ‘Health and Consumers’ (DG SANCO), has confirmed that Emirates airline’s websites are fully compliant with all the requirements...

IHG awarded management of Al Badia Golf Club InterContinental Dubai Festival...

InterContinental Hotels Group (IHG) announced that InterContinental Dubai Festival City has been awarded the management contract by Al-Futtaim for Al Badia Golf Club at...

The Arabian Gulf fuels car investment

In this episode of Al Jazeera's weekly business show: Can US banks resurrect themselves, a Russian manufacturer takes off at the Paris airshow, tight...