Prices of Construction Cost Index Stable in Q1 2020: SCAD
Construction Cost Index, CCI, remained unchanged in the first quarter of 2020 compared with the first quarter of 2019 with the index at 98.0...
Emirates Resumes Flights to 6 More Cities
Airline’s network connects over 50 cities to and through Dubai in August
Emirates has announced it will resume flights to Geneva (from 15 July), Los...
Dubai Land Department Launches Real Estate Promotion Initiative ‘Invest in Dubai’
The Dubai Land Department, DLD, through the Promotion and Real Estate Investment Management Sector, launched its new ‘Invest in Dubai’ initiative under the theme...
Understanding The Depth of 2020 Global Recession
Current forecasts suggest that the coronavirus (COVID-19) global recession will be the deepest since World War II, with the largest fraction of economies experiencing...
Tipping Points – The Future of Global Real Estate
Key trends that will shape the future of real estate in the Middle East and beyond
Modern methods of construction (MMC) and the adoption of...
UAE, Bahrain Rise in World’s Top 100 Startup Destinations Ranking
The UAE and Bahrain have ranked among the 100 top destinations for startups around the world, according to a new study by StartupBlink.
The research...
Emirates Adds 10 New Cities for Travellers, Connections for 40 Cities
Adds frequencies on 14 existing routes in July, offering more travel options
New protocols to ease travel for UAE citizens and residents, reflect UAE’s well-planned approach...
Two Dubai Luxury Real Estate Agencies Merge into One
LUXHABITAT – a pioneer in Dubai’s high-end residential property market from 2009 and one of the strongest homegrown real estate brands and Gulf Sotheby’s...
Arab Social Media Forum Concludes 7th Edition with Huge Success
The 7th Arab Social Media Forum – which hosted around 30 speakers from top international companies & universities from around 20 countries around the...
UAE Central Bank Expects Recovery of Economic Activity in H2 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year.
The first...
Dubai’s Monthly House Price Index Increases 1.36%: DLD
The Dubai Land Department, DLD, announced on Monday that the emirate's official monthly house price index saw a rise of 1.36 percent as the...
ATM Virtual Panel Advises Hoteliers Not to Drop Room Rates
Hotels must not drop rates to increase occupancy, instead they should adapt to ‘new normal’ - embracing innovative technologies and being creative with...
Resurgence of COVID-19 Could Cause Global Economic Depression
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...
Emirates Offers Flights to 29 Cities; Resumes Transits Through Dubai
More flights for passengers will be available from 15th June between Dubai and 16 cities: Bahrain, Manchester, Zurich, Vienna, Amsterdam, Copenhagen, Dublin, New York...
Emaar Tells Retailers: “Now Is The Time To Be Bold”
Emaar Chairman Mohamed Alabbar tells retailers to “be bold” as the UAE gradually comes out of the COVID-19 crisis.
In a special virtual conference call...
The State Of World Press Freedom
The 2020 World Press Freedom Index, compiled by Reporters Without Borders, was released this week. It states that the next 10 years are going to...
ATM Virtual to focus on potential Chinese Outbound Travel Market
One of the most eagerly awaited sessions during the Arabian Travel Market (ATM) three-day ATM Virtual event that takes place from 1-3 June 2020,...
Emirates Resumes Operations with Industry-leading Safety Standard
Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board...