Latest articles

Masdar set to capitalise on International adoption of renewable energy

Masdar sees opportunities to advance renewable energy solutions in global markets Masdar chief executive Dr. Sultan Al Jaber announced today that Masdar, a multi-faceted...

UAE Central Bank slashes rates on re-purchase of Certificate of Deposit

The UAE Central Bank announced today that it has slashed the rate on its re-purchase of Certificate of Deposit (REPO) by 50 basic points...

The Address, Downtown Burj Dubai introduces first class banqueting facilities

Dedicated catering and conference services team provides ‘one-stop-shop’ Ballroom with seven-metre floor to ceiling windows overlooking Burj Dubai 634 sq metres of banqueting facilities The Address, Downtown...

Emaar Education opens Raffles International School (Nursery) in Downtown Burj Dubai and Emirates Living

Old Town Nursery opens on January 18; Emirates Hills Nursery on January 20 Admission now open for both nurseries Classrooms with a total capacity of between...

EDC meeting promotes cooperation between Dubai and the Gauteng Province in South Africa

The Dubai Export Development Corporation (EDC) met with a delegation from South Africa to explore bilateral trade opportunities between the emirate of Dubai and...

Foreign investors purchase Dhs464.3m worth of shares on DFM during the last week, and sold Dhs506.3m

Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week (January 11 - January 15)...

Construction works on the Arabian Canal on schedule

Limitless, an integrated real estate development company and a business unit of Dubai World, has begun construction work on the Dh40.4 billion ( $11...

New Rental Index unveiled

Not a regulation, but a guideline The Real Estate Regulatory Authority (Rera) unveiled a new rental index, which shows residents average rental prices they can...

Moody’s new UAE Banking System Outlook negative

The fundamental credit outlook for the banking sector of the United Arab Emirates (UAE) is negative, reflecting growing pressures in the operating environment, which...