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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.

Parking Spaces to be mandatory for all buildings

5/8/2009 - It will soon be mandatory for landlords of multi-storey residential and commercial buildings to ensure a parking space for each apartment owner or lessee, if the plan drafted by the Ministry of Justice gets implemented.

Ferry Dubai to serve The Palm and The World

5/8/2009 - As a part of The Marine Agencys plan to serve Nakheel development projects, the Ferry Dubai will serve The Palm and The World.

Dubai families yet to abide by the one-family-one-villa rule

31/7/2009 - Several families in Dubai have been found defying the latest Municipality one-family-one-villa rule, reports The National.

Fingerprint Identification System applicable to Residence Visa seekers

24/7/2009 - The Residency departments across the country will manage a fingerprint identification system, and database for all residents in the country, a senior official revealed.

Gulf expats maintain their spending levels

22/7/2009 - According to an economic report submitted by the global consulting firm, Booz and Company, expatriates living in the GCC countries were able to maintain the same level of spending, despite the ongoing global financial crunch.

GCC nations agree to find alternative to sponsorship system

22/7/2009 - The six GCC nations have endorsed the Bahraini proposal of arriving at a consensus among Gulf States about possible alternatives to the controversial sponsorship system and to impose a residence cap.

Garhoud Park will open to public next month

20/7/2009 - The Dh.

Sharjah unveils its second Indian Passport Center

17/7/2009 - A new Indian Passport and Visa Services (IPAVS) Center was formally launched by Consul General of India, Venu Rajamony on Thursday at the Sharjah Indian Association premises at Al Manakh area in Sharjah.

Sponsorship laws eased for female expats in UAE

17/7/2009 - According to a new regulation issued by the Ministry of Labour in the UAE, female expatriates, under the sponsorship of their mothers, brothers, uncles or any family member, are now permitted to work in the country.

Ajman and Dubai to be linked by Water Taxi service

17/7/2009 - The Ajman Municipality, together with Dubai RTA, plans to launch the water taxi service to link the two emirates.

Flydubai successfully launches flight to fifth new destination

15/7/2009 - First low-budget airline of Dubai, Flydubai, has launched flights to a fifth destination, including Aleppo, the second largest city in Syria, to its list of operational destinations.

Burj Dubai behind schedule by three months

23/2/2012 - Completion of Burj Dubai, the tallest tower in the world, is three months behind schedule.

The new Center for Gulf Indians gets underway

13/7/2009 - The Overseas Indian Center (OIC) for Gulf countries, planned by the Indian Government, years ago, is finally taking shape.


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