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Development Valuations in Light of Covid-19

Stephen Flanagan, Knight Frank Middle East’s Head of Valuation & Advisory explores why development valuations even in stable market conditions, have a degree of...

Emirates SkyCargo’s Global Network Grows to 75 Destinations

Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents. Some of the destinations recently included are Colombo,...

World Tourism At Standstill as 100% of Countries Impose Restrictions on...

COVID-19 has placed the whole world on lockdown, with new research from the World Tourism Organization showing that 100% of global destinations continue to...

Emirates Group Announces 2019-20 Results

Group records 32nd consecutive year of profit of AED 1.7 billion (US$ 456 million) Group revenue of AED 104 billion (US$ 28.3 billion) impacted by planned...

Predicted Global Impact of COVID-19 on Airport Industry Escalates

Airports Council International (ACI) World has released updated modelling that shows the worsening economic impact on the global airport industry. The forecasts of prolonged –...

If You Can’t Make Mortgage Payments, Here Is a Few Steps...

When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you...

International Tourist Numbers Could Fall 60-80% in 2020, UNWTO

International tourism down 22% in Q1 and could decline by 60-80% over the whole year 67 million fewer international tourists up to March...

How to Spot Fake News, University Scholar Explains

While social media now acts as a main or supporting source of news for almost everybody, fake news is sweeping all network channels. Ajman University...

New Tech Solution to Help Businesses and Communities Safely Reopen

Salesforce (NYSE: CRM), the global leader in CRM, today announced Work.com – new technology solutions and resources to help business and community leaders around...

DCT Abu Dhabi Launches E-learning Platform for Industry Partners

The Department of Culture and Tourism – Abu Dhabi on Tuesday announced the launch of the ‘Abu Dhabi Specialist Programme’, an e-learning platform which...

2021 Oil Price Forecast Above $51, Goldman Sachs

Goldman Sachs raised its estimate for WTI Crude prices in 2021 to $51.38 per barrel from $48.50, expecting a gradual recovery in global oil...

TikTok Records All-Time High Downloads of 200m in Q1, 2020 Led...

Popular video-sharing platform TikTok continues to grow at a high rate globally based on the number of new app downloads. Data gathered by Learnbonds.com...

Is COVID-19 Bringing Virtual Real Estate Tours Into The Mainstream?

Virtual tours, a nascent but growing technology pre-crisis, are rapidly gaining traction in lockdown times – and could become a mainstay of the commercial...

Emirates Auction App Tops Most Downloaded Smart Apps

It ranks first among most popular Apps on Google Play & third most downloaded free App for business purposes on Apple Store. The...

Samana Developers Projects Remain on Track for Delivery Despite Covid-19

In the wake of a challenging situation caused by the pandemic, Dubai-based Samana Developers today said that its on-going projects in Dubai are not...

Dubai Sees 179% Increase in DED Trader Licences in Q1 2020

‘DED Trader’ licence sees strong interest with online business and e-Commerce growing 5,353 DED Traders already conducting diverse businesses online and on social...

Force Majeure Clause and How To Use It

A force majeure clause in some real estate contracts allows relief for one or both parties in the event of a major unexpected event....

Retail Reels from Covid-19 – Sharp Decline in Sales; Online Groceries...

Online groceries sales surge 40%, luxury and fashion sales down by 50% KPMG Lower Gulf’s latest report, ‘Navigating the pandemic,’ has revealed a mixed...