Black Friday Shoppers More Adventurous Than Non-shoppers
Black Friday has widely been recognized as the busiest shopping day of the year, with many retailers offering new promotions and heavily discounted items...
Bear Market in Oil May Last Another Decade
Bears are known for hibernating, but its the bulls in the oil market that might as well settle in for a long nap, according...
Business Confidence in Middle East Continues to Fall
Global economic confidence has improved slightly this quarter, despite lagging confidence in the Middle East and the Americas.
According to the latest Global Economic Conditions...
VAT to Increase Costs for Real Estate Investors Across GCC
A survey of local investment professionals across the GCC region revealed that real estate is likely to become a costlier investment following the implementation...
24/7 Drone Deliveries in Less Than 30 Minutes
Fetchr, Eniverse Technologies and Skycart announced today that they have joined forces to develop the very first autonomous drone delivery service in the region.
This...
New Dedicated Anchoring Areas For Yachts And Leisure Activities in Dubai
To further enhance Dubai’s competitiveness in a bid to make it a global destination for recreational marine tourism, the Dubai Maritime City Authority (DMCA)...
UAE Non-oil Growth Accelerates in October
The seasonally adjusted Emirates NBD UAE Purchasing Managers' Index, which covers manufacturing and services, rose to 55.9 in October from 55.1 in September. Above...
Black Friday, Cyber Monday 2017 Set to Break Sales Records
The holiday shopping season of 2017 has officially kicked off. Online retail giant Amazon has opened it's Black Friday Deal Store and already runs...
Middle East’s Digital Economy Holds Untapped Potential
More needs to be done to bring the benefits of the Internet to everyone
The Internet Society (ISOC), a global non-profit dedicated to ensuring the...
Amazon’s Alexa Got a New Celebrity Voice For The Holidays
Amazon’s Alexa just landed its first celebrity voice – and it’s none other than Oprah Winfrey!
There is a catch, though. While Oprah won’t respond...
IMF Forecasts UAE Growth To Triple In 2018
The International Monetary Fund expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from...
Emirates Unveils aircraft with new Expo 2020 Dubai Logo
Emirates has unveiled the first aircraft in its fleet with a new livery dedicated to Expo 2020 Dubai. The decal was installed on A6-EPK,...
Dubai’s Real Estate Brokers Commissions Topped AED 1.3 Billion in Nine...
Dubai Land Department (DLD) has announced that over AED 1.3 billion worth of brokerage commissions were made in Dubai’s real estate market between the...
Federal Tax Authority Calls On All Businesses To Register for VAT
Registration is encouraged to avoid the risk of missing the January 1, 2018, deadline, which would entail the Administrative Penalties stipulated in Cabinet Decision...
First Expo 2020 Buildings Emerge above Ground
·Basements with sophisticated logistics network completed for three theme districts
·Construction of rented pavilions for some nations in theme districts gathering pace
Expo 2020...
MAG PD Highlights Diverse Real Estate Portfolio
The value of MAG's UAE investments reached AED 9.8 billion by the end of the first half of 2017
MAG Property Development (MAG PD), the...
‘Convergence and Synergies’ Between Hotels, Serviced Apartments and Airbnb
Laurent A. Voivenel, Senior Vice President Swiss-Belhotel International, spoke at HSMAI Middle East Conference in Dubai on ‘Convergence and Synergies’ between hotels, serviced apartments...
Dubai Launches 1st Regional E-commerce Free Zone
The Dubai Airport Freezone Authority (DAFZA) and Wasl Asset Management Group announced the formation of a joint venture (JV) to develop Dubai CommerCity, a...