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Latest Dubai News

Dubai hotel sector to rebound by 2010

27/9/2009 - Dubai hotel sector will witness considerable boost during the fourth quarter of the year, or early 2010, after suffering major decline in average hotel room rates during the first half of the year, the hotel industry executives revealed.

Dubai to be fourth biggest aviation hub

27/9/2009 - Dubai is all set to be the fourth biggest aviation hub in the world, after Hong Kong, London Heathrow, Beijing, Airbus mentioned in its latest projection.

Arabian Center - latest shopping, entertainment hotspot in Dubai

27/9/2009 - Arabian Center, the latest hotspot in Dubai for shopping and entertainment, is located along the Al Khawaneej Road at Mirdiff, and offers all conveniences that help in improving the quality of our daily living.

Largest indoor family park in Dubai, now open to visitors

24/9/2009 - Dubai residents can hope for more fun this Eid, with the opening of the regions largest indoor family theme park on the first day of Eid.

Construction activities in the UAE gather pace

21/9/2009 - Construction activity is gradually gathering pace in UAE, as one of the leading building material importer and distributor group, the Mohammad Ibrahim Haii (MIH) Group, has reported 20 percent growth this year.

UAE mulls change in ownership rules to boost foreign investment

18/9/2009 - Legislation is likely to be submitted to the UAE cabinet, within two months, permitting change in ownership rules for firms established in the UAE by foreigners.

UAE tops the list among saving-conscious consumers

18/9/2009 - Consumers in UAE and Qatar plan to save more during the next few months, than in other countries in the region, amidst the current economic recession, reveals a new survey by MasterCard.

Dubai hotel sector to rebound by 2010

17/9/2009 - Hotel sector in Dubai will witness considerable boost during the fourth quarter of the year, or early 2010, after suffering major decline in average hotel room rates during the first half of the year, the hotel industry executives revealed.

The first Dubai Metro greeted with happy smiles

17/9/2009 - Dubai residents took a detour from their daily routes to catch the first train, the 6am Metro, out of the 10 Metro stations that opened on Wednesday.

DIFC is the first free zone to implement new Establishment Card System

17/9/2009 - The DIFC (Dubai International Financial Center) has become the first free zone in Dubai to implement the DNRDs (Department of Naturalization and Residency) new Establishment Card System (ECS).

First phase of Trade Center Plaza to be unveiled this month

9/9/2009 - The Dubai World Trade Center (DWTC), which operates one of the largest convention facilities in the region, yesterday revealed that the first phase of its new Trade Center Plaza is due for opening this month.

Dubai Metro opens to public on 10th September

9/9/2009 - Dubai Metro will be officially launched on 9th September, although it will be open to public only on September 10th between 10am and 6pm, a senior official at the Dubai Roads and Transport Authority has announced.

Ferrari World theme park moving towards timely completion

4/9/2009 - Largest theme park in the world and the largest indoor theme park in the world, The Ferrari World is on track for completion next year, revealed its operator.

Abu Dhabi to build 17,000 new villas for nationals

26/8/2009 - About 17,000 new villas in 23 locations are to be built for citizens during the next five years, the Director General of the Abu Dhabi Centre for Housing and Service Facilities Development (ADCHSFD), Khamis Sultan al Suwaidi, confirmed on Tuesday.

Dubai rents continue to decline 30 percent in August

25/8/2009 - Rents in Dubai have continued to dip in August, by almost 30 percent, although there are signs of stabilization in few areas.

UAE tops GCC nations in construction projects

25/8/2009 - UAE is the topmost among the GCC countries in terms of construction activity, contributing to a total of 45 percent of the projects within the region, a new study has revealed.

Rating of Emaar upgraded by EFG-Hermes

28/2/2012 - EFG-Hermes, the leading financial services company, has upgraded Emaar Properties to neutral from reduce rating in the short-term, pointing out that the company showed better-than-expected second quarter results and hopes a stronger performance during the second half.

New codeshare deal offers better accessibility to US destinations

22/8/2009 - Following the regulatory approval of a new codeshare agreement between American Airlines and Etihad Airways, air travelers in the UAE can enjoy greater access to the destinations in the US.

UAE nationals cannot use ID cards to travel to KSA

22/8/2009 - Saudi Arabia has suspended the use of National ID cards for travel between the Kingdom of Saudi Arabia (KSA) and the UAE by the nationals of the two countries, reported the Director General of Passports, Maj Gen Salim Bin Muhammad Al-Blaihid.

RAK Dream Tours unveiled to public

17/8/2009 - RAK Dream Tours, a new tourism project along the Al Qawasim Corniche in Ras Al Khaimah, was unveiled to public on Friday night.

New decree in UAE erases minimum capital requirement for LLCs

12/8/2009 - The minimum capital requirement for establishment of a Limited Liability Company (LLC) in the UAE was Dh 150,000 till date.

New PSSF Law to make Dubai a regional hub for payment processes

10/8/2009 - A new law aimed at offering legal certainty to payments, creating confidence in transactions involving securities in financial services industry, has been made effective in UAE.

Empost to restrict Indian Passport Service Centers across UAE

8/8/2009 - The Empost Authorities have announced their decision to limit the number of Indian Passport and Visa Service Centers across the UAE.

Dubai Duty Free is the biggest airport retail operation

5/8/2009 - Dubai Duty Free has been ranked as the single biggest airport retail operation in the world, based on sales analysis, as the airport generated sales of $1.

 



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