Dubai luxury home sales outperform market

The prime residential market in Dubai beat the overall residential market by nearly doubling the volume of sales from Q4 in 2015. This quarter, the prime residential market completed Dh3.2 billion in sales compared to Dh1.6 billion in Q4 2015..... Read more »

Posted on : 4/6/2016

Nasdaq Dubai welcomes new sukuk listings

Nasdaq Dubai has welcomed the listing of two sukuk issued by the government of Indonesia with a total value of $2.5 billion..... Read more »

Posted on : 4/6/2016

Saudi Arabia plans $2 trillion fund for post-oil future

Riyadh: Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets..... Read more »

Posted on : 4/2/2016

UAE's Al Adil opens 31st GCC outlet

Dr Dhananjay (Jay) Datar, chairman and managing director Al Adil Trading Co, UAE's leading name for Indian food stuff, reinforced his expansion commitment by opening their 31st outlet in the GCC..... Read more »

Posted on : 4/2/2016

Dubai approves new airport fee for improvements

DUBAI, United Arab Emirates – Travellers flying out of Dubai’s airports will pay a new fee to cover improvements at the long-haul hub, the city-state’s crown prince announced Wednesday, as Gulf countries grapple with low oil prices..... Read more »

Posted on : 4/1/2016

Gitex Shopper opens in Dubai

Gitex Shopper Spring, the region’s leading consumer electronics event, opened in Dubai, UAE today (March 30) featuring over 35,000 tech consumer choices under one roof..... Read more »

Posted on : 4/1/2016

Abu Dhabi Ports added 3% to non-oil GDP in 2015

Abu Dhabi Ports would continue to grow this year, despite volatile markets. "Our double-digit growth in recent years, despite many challenges in the maritime industry, gives us the confidence to look forward to continued growth this year as well," says Capt Mohammed Juma Al Shamisi chief executive officer of Abu Dhabi Ports Company..... Read more »

Posted on : 3/31/2016

Dubai's economy emerges resilient

Dubai's economy emerged resilient and witnessed a growth of around four per cent in 2015 and it is expected that this growth will sustain in 2016..... Read more »

Posted on : 3/31/2016

Dubai World Trade Centre welcomes 2.74 million visitors in 2015

Dubai: The Dubai World Trade Centre (DWTC), an exhibitions and events venue, attracted 2.74 million delegates and attendees last year, it said in a statement on Monday..... Read more »

Posted on : 3/29/2016

Dubai records 4% economic growth in 2015

Dubai's economy emerged resilient and witnessed growth of around 4 per cent in 2015 despite global challenges created by the drop in oil prices, the economic uncertainties in Europe, China and Russia, and weak global demand for commodities..... Read more »

Posted on : 3/29/2016