Dubai hotels may work full capacity
Under new Covid-19 directions for tourism sector, the number of participants in community events has been increased to 2,500 for indoor activities and 5,000 for outdoor functions with no mandatory vaccination.Palm Jumeirah beckons rich with its luxury
Dubai’s Palm Jumeirah has seen its sales and prices touch newer levels during the last few years, spurred by strong demand.Emaar Malls net profit leaps to $169m in H1
The owner of Dubai Mall attributes 80 percent jump in net to recovery in retail sector.Dubai airport to host a million travelers
More than a million passengers are expected to arrive at Dubai International (DXB) over the next 11 days in what could be the aviation hub’s busiest weekends so far this year.Dubai ropes in Hollywood stars for new tourism drive
Jessica Alba and Zac Efron are part of Dubai’s latest tourism campaign as it eyes global travel recovery and growth.$1.9 billion weeklong realty transactions in Dubai
An apartment in Marsa Dubai sold for AED 508 million and properties worth AED 4 billion mortgaged.Dubai issues regulations for 3D-printing in construction
The new legislation supports the emirate’s target to ensure that 25% of its buildings are constructed using 3D-printing technology by 2030.Best July in 12 years for Dubai real estate market
4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.Dubai airport expects heavy inflow of passengers as UAE eases curbs
Dubai airport is expecting a heavy inflow of passengers with the UAE’s announcement that there would be an easing of travel restrictions from African and Asian countries.Etihad Rail inks transport deal with Western Bainoona Group
Etihad Rail will now provide rail freight services to transport construction materials from Western Bainoona Group’s facilities to its construction hubs.Dubai-Korea relations strengthen with $882m bilateral trade in Q1
Imports had the lion’s share at AED2.551 billion, followed by exports at AED549.782 million, and re-exports at AED137.473 million, Ahmed Mahboob Musabih, Director General of Dubai Customs, said.Emerson to set up solar rooftop plant at Dubai head office
This is expected to be the largest solar rooftop plant in a single location within the Jebel Ali Free Zone.Etihad: Flight ban from India, Pakistan may stretch beyond Aug 7
Etihad extends suspension of passenger travel from India, Pakistan, Bangladesh, Sri Lanka from Aug 2 to Aug 7.Dubai’s ‘Museum of the Future’ listed among world’s 14 most beautiful ones
The Museum of the Future, an architectural marvel that sits at the bustling heart of Dubai, is set to become a new global landmark once complete. It has been designed by Engineer Sean Keila.Dubai RTA got $723m in revenues via digital platforms in 2020
The RTA’s Director-General Mattar Mohammed Al Tayer said this revenue came from just the authority’s e-payment portal and smart kiosks.UAE to set up waste-to-energy plants to get rid of trash
The United Arab Emirates is looking to construct a set of waste incinerators around the country in order to burn up two thirds of the trash.Dubai realty sales: Apartment in Marsa sold for $110m
88 plots of land sold for AED 620.22 million, and 1,135 apartments and villas were sold for AED 2.27 billion.Dubai to lower, waive off fees on govt services to boost growth
In order to give a fillip to economic activity in Dubai, its government will lower and in some cases completely waive off fees in 88 different categories.India, UAE agree on extending energy relations
India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri, makes courtesy calls to his counterparts in major oil producing countries in the Gulf, including Saudi Arabia, UAE, Qatar and Kuwait.85 percent of Dubai documents electronically archived in 2021
DGW says electronic archiving part of its efforts to develop a centralized digital archive compliant with international standardsBCCI announces remaining IPL match schedule across UAE
The 31 remaining matches of this year’s IPL will be spread across Abu Dhabi, Dubai, and SharjahDubai realty sales worth $4.02 bn recorded in June
Mohammed Bin Rashid City, Dubai Hills Estate, Dubai Land, Green Community and Town Square top top areas of interest for villas and townhousesDEWA commissions 3 new substations costing $11.70m
Courtesy DEWA, World Bank says firms in UAE can get electricity in the shortest time in the worldAfrica Oil Week temporarily moved to Dubai for 2021 edition
The Hyve Group will shift Africa Oil Week 2021 to Dubai from the usual venue of Cape Town in South Africa.Samana expands sales team with new GM
Samana also increases its sales workforce by 55% and doubles its sales revenue in 2021.Emirates launches new passenger service to Miami
Emirates flight EK213 was welcomed by Miami International Airport with a water cannon salute, and drew in an audience of passengers, aviation fans and guestsL&T wins contract for 132/11kV Dubai substation
L&T’s construction arm has won several orders in India and abroad, including one for a 132/11kV power substation in DubaiAl-Khaleej sets foot in Europe, to build $590m factory in Spain
Al-Khaleej to build a factory in Spain with an investment of $590m. It will produce 900,000 metric tons of sugar a yearDubai’s most expensive villa rental signed for $1.06 million
Dubai likely saw its most expensive villa rental deal, with a villa on Palm Jumeirah being rented annually for AED 3.88 million ($1.06 million)Ipsen expands into MEA with UAE headquarters
The French pharmaceutical firm has inaugurated its new regional headquarters in Dubai.Mohammed bin Rashid confirms board and advisory council of Dubai International Chamber
It is part of a recent government restructuring to drive a comprehensive economic development in Dubai It also aims to establish Dubai as a global trade hub and a favorite regional destination for global firms The ruler of Dubai, and Vice President and Prime Minister of...Mohammed bin Rashid sets up Dubai Academic Health Corporation
The new set-up will advance health services in Dubai through a new academic system It will integrate healthcare, medical education, and scientific research The ruler of Dubai, and vice president and prime minister of the UAE, Sheikh Mohammed bin Rashid Al Maktoum, has set up a new health body...Non-Arabs invest $87m in UAE markets from Jan-May 2021
Growth indicates a steady capital inflow into the two markets due to the increased investor confidence in UAE capital marketsDubai Investments buys additional NGI stake
Dubai Investments has acquired an additional 15.19% share of NGI from Emirates NBD Bank.Emaar marks sukuk listing with bell
Emaar Chairman rings Nasdaq Dubai bell to celebrate $500m Sukuk listing.Hyde to develop a five-star hotel in Dubai, first outside the US
Hyde will work with Emerald Palace Group to develop the property The hotel will be located in Business Bay For the first time in its history, Hyde will launch its first property outside the US in Dubai during the later part of the year. Hyde, a brand under global hospitality...Dubai authorities probe Jebel Ali Port blast
Dubai authorities were Thursday investigating an explosion on a container ship carrying flammable materials which unleashed a fireball at one of the world's busiest ports and sent shock waves through the city. Firefighters rushed to the scene at Jebel Ali Port to tackle the blaze that broke out shortly before...DP World makes offer to buy all outstanding shares of Imperial Logistics
DP World expects the deal to build supply chains especially in Africa Imperial Logistics has operations in 25 countries Dubai-based port operator DP World said on Thursday it has made an offer of $890 million to acquire all the outstanding shares of the Johannesburg Stock Exchange-listed Imperial Logistics, allowing it...Container ship blast rocks Dubai port, no casualty
An AFP correspondent at the scene said there was a helicopter circling overhead as smoke rose from the tightly secured facility Such events are a rarity in the ultra-secure Gulf emirate, one of seven that make up the wealthy United Arab Emirates A fire that broke out on a container...Emirates Auction to assist on-road broken-down vehicles
Dubai Police and the auctions firm have signed an MoU Emirates Auction will deploy a fleet of vehicles equipped with smart devices Sharjah: On-road broken-down vehicles will be provided assistance such as tire replacement, refueling and vehicle towing by Emirates Auction, a public and online auctions company in the Middle...Dubai’s consumer confidence surges to a ten-year high, signaling economic recovery
The second quarter of 2021 saw consumer optimism at its highest Consumer confidence rose to 151 points as against 125 points during the same period last year For the first time in nearly ten years, Dubai’s consumer confidence has risen to its highest level, signaling a momentum for broader...Dubai gets first commercial shipment of cherries from Kashmir
In future, Dubai and the other middle east countries will receive temperate fruits like plums, pears, apricot, and apples from Kashmir Kashmir produces over 95 percent of India’s production of commercial varieties of cherries The first commercial shipment of Mishri variety of cherries from Kashmir valley has been exported to...Dubai’s Shuaa plans SPACs worth $600 million
Shuaa Capital plans to set up three blank-check companies of around $200 million each.DEWA water pipeline extension project worth $69.7 million is 96.4% complete
The AED256-million ($69.7 million) project by DEWA to extend water transmission by 36.6 km across Dubai is a fraction away from completion The project has two sections: Section A consists of 12.52 km of pipelines, while Section B has 24.12 km of pipelines The AED256-million ($69.7million) project by the...Emirates’ deal with Travelport could make flights cheaper
Emirates will distribute its NDC content via Travelport+ The firms also extended their longstanding IT agreement Dubai-based carrier Emirates was quoted by local reports on Saturday, July 3, as saying that it had reached a commercial agreement with global travel-retail firm Travelport that could reduce the fares of the airline’s...Swimmable billboard in Dubai to promote swimwear collection
The billboard is made of reinforced transparent acrylic It took a team of team of 32 people to build the structure Havas Middle East has announced the launch of the world’s first swimmable billboard in Dubai, on behalf of Adidas, which is five meters high, three meters deep and holds...UAE kitchen firm Kitopi’s valuation crosses $1 billion
The Dubai-based cloud kitchen company Kitopi has crossed $1 billion in valuation, its CEO has said Its valuation went up after it had successfully raised more than $400 million in fundraising Kitopi, the Dubai-based cloud kitchen company, has seen its valuation go through the roof, crossing one $1 billion, after...Logistics company Shipsy sets up Dubai HQ
The firm plans to recruit for leadership and mid-level management roles in the sales department and build new channel partners in the region Shipsy’s platform leverages artificial intelligence, big data, and cloud capabilities to help customers reduce logistics costs, achieve transparency Shipsy, an end-to-end global trade and logistics management company,...Dubai Chambers reform aims to raise annual foreign trade to $540 billion
The emirate’s annual trade stood at $320 billion in 2020 Foreign trade focus likely on high-growth markets like Latin America, Asia Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum recently approved a new structure of the board of the Dubai Chambers to, among other things, raise the annual foreign trade...Emirates NBD expects UAE GDP to grow by 1.5 percent in 2021
Revenues to grow 12 percent on higher oil prices and taxes A 7 percent increase in total government expenditure also likely Dubai’s biggest lender Emirates NBD expects the UAE’s GDP to grow at 1.5 percent this year, with the non-oil sector growing at 3.5 percent, slightly lower than the UAE...


















































