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The residential rentals in Dubai declined by 3 percent during the second quarter of the year, says the latest ADIB/MPM Properties Real Estate report.
Increasing number of Medical tourists are seen flocking to Dubai these days, due to various initiatives launched by the Dubai Health Authority, as revealed by hospitals in the emirates.
More than 300 new jobs have opened up in Al Futtaim Group across its various business divisions.
As per the PwC Report, UAE can grow into a world-class leisure and entertainment destination and compete against cities such as Singapore, Orlando and Hong Kong, if it takes a holistic approach to exploit its unique geographical positioning, high quality attractions and investment in infrastructure.
According to recruitment agencies, the corporates are struggling to retain their top performers, and hence, the job market has once again shifted in favour of job seekers.
Salary hikes for most UAE employees will be nominal this year, although for certain sectors, the staff is likely to get better hikes than others.
The UAE-based luxury projects developer, Damac Properties, is all set to deliver more than 35,000 housing units and hotel apartments in Dubai over the next five years, a report said.
The UAE has begun implementing international building codes for healthcare facilities with particular focus on planning and designing aimed at creating world-class medical infrastructures in the country, a report said.
The next six months may see several new jobs being added to the UAE job market, according to latest survey by the hiring portal NaukriGulf.
The 20th edition of Gulfood, the worlds largest annual food and hospitality trade show, has been unveiled by Sheikh Hamdan bin Rashid Al Maktoum, the Deputy Ruler of Dubai and Minister of Finance and Industry.
More than 14,000 buildings are now under construction in the emirate of Dubai, says a top official of Dubai Municipality, which has helped restart more than 70 held-over projects.