Emaar Properties kicks off sales of ‘Harbour Views’ residences
Global developer Emaar Properties is kicking off 2016 with the local and international sales launch of the opulent ‘Harbour Views’ residences in The Island...
53 percent of UAE residents don’t think they earn enough to...
A new survey on the saving habits of UAE residents revealed that 53 percent of respondents don’t think they earn enough money to allow...
World Reaches 100 Super-tall Skyscrapers; Dubai dominates with 18
World Reaches 100 Super-tall Skyscrapers with Completion of 432 Park Avenue
There are now officially 100 supertall (300-plus-meter) skyscrapers in the world following the completion of...
Global Risks in 2016: More Walls, More Warming, Less Water
From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the...
UAE Real Estate Market in 2015: Subdued Demand, Limited New Supply
JLL, the world's leading real estate investment and advisory firm, today released its annual review of the UAE Real Estate Market for 2015, assessing...
Non-tax revenues can generate at least 10% of GDP in UAE
Given the volatility and unpredictability of oil prices, the primary economic strategy for all GCC countries is to diversify government income and reduce dependency...
Geopolitics, not economics, will top policymakers’ agendas in 2016
PwC economists reveal predictions for 2016
G7 to grow at fastest rate since 2010, led by US and UK
Geopolitics (rather than economics) will top policymakers’...
Dubai Real Estate International Demand Index dropped 83% by 2015’s end
Today, Phidar Advisory released its Q4 end-quarter Dubai residential research note. The report shows that residential prices dropped in the fourth quarter of 2015,...
73rd Annual Golden Globe Awards
Revenge drama The Revenant and space adventure The Martian won the top movie prizes at the Golden Globes on Sunday on a night of...
Dubai a safe haven for high-net worth GCC families investments
As a first-class tourism destination, and a world-leading financial services center, Dubai is seen as a safe haven for individuals from the rest of...
‘Smart Hall’ to provide 24/7 business registration and licensing services in...
The Department of Economic Development (DED) in Dubai will open a ‘Smart Hall’ where license owners and investors can have round-the-clock access to its...
World Bank cuts global economic forecast for 2016
Souring prospects in the world’s largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut the...
China stocks slump 7%, triggering shortest trading day in its history
A plunge in Chinese stocks and a falling yuan sent financial markets across Asia sharply lower Thursday. Worries intensified about China's economy and whether...
UAE declares 2016 as Year of Reading
The year 2016 has been declared the year of reading in the UAE to create a generation of book lovers and consolidate the UAE’s...
Tax reform in the GCC approaching
Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...
Dubai Duty Free reported a rare decline in annual sales
Dubai Duty Free Group sales reach US$1.933 billion in 2015
Dubai Duty Free recorded an impressive 26,848,832 sales transactions in 2015, which is an average...
Gold soars on steep declines in global equities
Gold price edged sharply higher in on Monday. February gold advanced $16.70, or 1.6%, to trade at $1,076.90 an ounce on Comex. If prices...