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2012 Oil Demand Outlook Lowered

Global oil demand in 2012 is expected to grow by 800,000 b/d from 2011, down from last month’s outlook for 1.1 million b/d of demand growth

Google Throws a Surprise Just Before Apple Watch Sales Start

The first units of the highly anticipated Apple Watch will start shipping later this week. That has encouraged Google to act. The search engine...

Oil prices to surpass $150 by 2020

Bernstein Research reported on Tuesday that oil prices are expected to increase from 2015 onwards, topping $150 a barrel in 2019 and 2020. According...

Emaar Hospitality Sells Five Premium Hotels to Abu Dhabi Group

Dubai-based developer Emaar Properties has announced that its wholly-owned hospitality and leisure business subsidiary, Emaar Hospitality Group, has signed definitive documentation with Abu Dhabi...

Real Estate Still Top Investment for UAE Residents

Real estate is the most popular class for investment for UAE residents, according to a new survey. Although investors prefer property over the traditional...

Dubai SME invites special needs groups and productive families to Young...

Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, has...

Next Generation of TV nowavailable

For die-hard technology fans or those who just enjoy relaxing and watching the odd movie, there is now a better way to...

Activity returns to Cairo’s real estate market

Future prospects of the real estate market largely dependent on Egypt’s ability to address many unresolved issues according to Jones Lang LaSalle Jones Lang LaSalle,...

Dubai International passenger traffic nears 51 million in 2011

Dubai International Airport posted a record year for passenger traffic in 2011, with volumes hitting 50.98 million, up +8% on 2010.

Social Networking Etiquette

Social websites are used for communication, information sharing and receiving, marketing, entertainment, shopping and gaming. However, the most important thing about these platforms is...

Is It a Casualty of Dubai’s Real Estate Market Slowdown or…

Now it is too hot to conduct property viewings in Dubai. Sometimes, the digital thermometer of your vehicle can show even 50 degrees by...

Inverse Link Between US Dollar and Oil Price Thwart Dubai Real...

Today, Phidar Advisory released its Dubai residential research note for the end of Q2 2016. The report shows that residential prices dropped in the...

European Hotel Operator Plans Beach Resort on Deira Island

Dubai-based master developer Nakheel is planning a new partnership with Austria’s largest independent hotel chain, Vienna House, to create a USD160 million, 600-room beachfront...

Making Cheese into a Master Ingredient

Chesdale partners with STAR Plus Middle East’s popular cooking show,Tadka Marke for a second series Leading Indian Celebrity Chef Jayanandan Bhaskar, is setting out to...

Emaar’s Profit Increased by 70%; Property Sales Jump 15% to US$...

Emaar's property sales backlog reached AED 71.8 billion(US$ 19.5 billion), to be recognised as revenue in the coming years. Emaar's EBITDA increased by 63% to...

Luxury Spending Trends Remain Strong Despite Uncertainties

The value of Knight Frank’s Luxury Investment Index (KFLII) increased 7% in 2015. The Index, which tracks the performance of 10 investments of passion...

Dubai Metro reveals fare structure and Nol cards

The long awaited fare structure for the Dubai Metro has been announced by H.E. Mattar Al Tayer, Chairman, RTA, Dubai who spoke to Phil...

Global Oil Demand Weakens, Bank Report

In November of last year, BofA expected global oil demand to grow by 0.95 million b/d in 2013. Now this number is revised down...