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UAE Business Reforms – A Game Changer for Competitive Advantage

Landmark business reforms in the United Arab Emirates (UAE) will prompt an “unprecedented explosion” of foreign direct investment in Dubai and Abu Dhabi and...

New Oil Discovery Strengthens UAE’s Position as 6th Largest Oil Reserves...

The Supreme Petroleum Council (SPC) announced today the discovery of substantial recoverable unconventional oil resources located onshore, estimated at 22 billion stock tank barrels...

DLD, JLL to Create ‘Commercial Property Price Index’

Dubai Land Department, DLD, has signed a memorandum of understanding, MoU, with Jones Lang LaSalle, JLL, a leading professional services firm that specialises in...

Carrefour Reveals Predicted Top Sellers during Carrefour Friday Promotions

Carrefour, operated by Majid Al Futtaim in the UAE, has revealed its predictions for the most sought-after products during it’s “Carrefour Friday” promotion —...

LinkedIn Announces Most Engaging Members in GCC in Top Voices 2020...

LinkedIn Announces Most Engaging Members in GCC in Top Voices 2020 List LinkedIn, the world’s largest professional network, today announced the second annual Top...

Consumers Gear Up for a Festive Season Like No Other

The global retail sector is in an unprecedented state of flux and as the end of the year approaches, Nielsen Global Connect predicts that...

Real Estate Sector Contributed 7.2% to Dubai’s GDP

Dubai’s real estate sector represents one of the main economic sectors in economic growth, and it actively contributes to the growth of its economy. Over...

Dubai Economy: Most Preferred Ares for New Businesses

5 locations across the city account for 43.7% of the total new licenses issued in the first half of 2020 A report issued by the...

90% of UAE Flyers Will Change Travel Habits Post Covid

The largest global passenger survey since the health crisis, from Inmarsat, reveals the attitudes of almost 10,000 airline passengers globally Three in five UAE flyers...

Most Anticipated New Project Launch of 4 & 5 Bedroom Luxury...

The most anticipated launch of a new project consisting of stand-alone 4 and 5 bedroom luxury villas is about to take place in a...

Dubai Economy Launches Latest Version of ‘EngageDXB’ App

The app is evolving into a virtual business hub for improved public-private sector engagement Dubai Economy has launched the latest version of its ‘EngageDXB’ smart...

2021 Predictions for Tech Industry

Developers will have more say in technology direction and data strategy of companies We will see an aggressive “shift to the left” across all industries,...

Fitch Rates UAE Outlook Stable ‘-AA’

Fitch Ratings Inc., the US credit rating agency, has rated the federal government of the UAE at -AA with a Stable Outlook. The move reflects...

2021 Dubai Retail Calendar Set To Boost The City’s Economic and...

Dubai Festivals and Retail Establishment (DFRE) has announced details of its comprehensive 2021 Dubai Retail Calendar, with citywide events, activations and experiences set to...

Tourism Industry to Lose Over $1 Trillion; Can Reduce Global GDP...

Tourism, which is the third largest export sector in the global economy, is among the worst impacted sectors by the global pandemic. According to...

Dubai Leads GCC as a Preferred Base for Corporate Occupiers across...

Contrary to the sharp slowdown in domestic economic activity the city continued to record exceptional growth in Foreign Direct Investments (FDI) during H1 2020...

Average Dubai Office Rents Down 6.5% in Q3

With the average office rents in Dubai falling by 6.5 per cent and prime office rents down by 4.7% in the year to the...

Emirates Angels Investors Association Launches to Accelerate Innovation and Entrepreneurship in...

Young entrepreneurs established a network of angel investors to support start-ups and stimulate investment in future industries In a bid to contribute to...