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Reduction in maintenance charges for JBR residents under guidance by RERA

23/3/2009 - Salwan Property Management has announced a reduction of service charges at its Jumeirah Beach Residence (JBR).

Abu Dhabi plans $230bn investment in tourism sector

23/3/2009 - Aiming to diversify its economy from oil-dependent economy, Abu Dhabi plans to invest $230bn in tourism projects during the next five years, revealed a top government official.

Dubai International Convention and Exhibition Center become largest exhibition venue in Middle East

21/3/2009 - The expansion of the existing Dubai International Convention and Exhibition Center (DICEC), with inclusion of new halls, will make it the largest regional exhibition venue, apart from adding another one million square feet of covered exhibition space.

Low-budget carrier FlyDubai to get operational by mid-year

21/3/2009 - First low-budget carrier in Dubai, FlyDubai, is set to go-ahead with its launch plans during mid-2009, despite the stringent economic conditions.

UAE topmost in regional tourism

18/3/2009 - UAE has been the topper in the World Economic Forum new Travel and Tourism Competitiveness Index for countries in the Middle East and Africa.

Prices of Dubai housing units to fall 38 percent in 2009

16/3/2009 - The house prices in Dubai are likely to drop 38 percent on an average this year, while properties under construction would drop down to half their value, as the former boomtown suffers an economic downturn, revealed a Reuters poll yesterday.

The 51-day Spring Festival flagged-off at Global Village

14/3/2009 - The 51-day Spring Festival was flagged-off at the Global Village.

New mega-bank likely in Abu Dhabi through bank mergers

11/3/2009 - A new Dh10bn development bank is likely to be unveiled in the Capital, through the merger of the Real Estate Bank and the Industrial Bank, revealed a top official of the Federal National Council on Tuesday.

Dubai rated as the most expensive city in Gulf

11/3/2009 - Dubai has been rated as the most expensive city in the Gulf, as per the report by the Economist Intelligence Unit.

Burj Dubai attains record-height of 818m

2/3/2009 - Burj Dubai has attained its final height of 818m (2648 feet) on 17th January 2009, confirming its position of being the tallest tower in thw world.

Construction of Formula One Theme Park put on hold

2/3/2009 - The Formula One theme park by Union Properties is the latest project to be put on hold, owing to the global economic crunch.

Dubai rents likely to drop 25percent in 2009

25/2/2009 - According to a new study by Landmark Advisory, an arm of Landmark Properties, the rents in Dubai are likely to drop by 25 percent, while Abu Dhabi is also hoped to see a slight drop in rent rates.

Dubai Government issues $20bn bond to meet development costs

23/2/2009 - The Dubai Government yesterday launched a $20bn bond programme which has been thought to help the economy in tackling the global economic crisis and provide sufficient liquidity.

UAE bans dismissal of nationals from private sectors

20/2/2009 - The UAE yesterday passed stringent measure to curb sacking of nationals from private sector jobs.

Indian visa services to be handled by Empost centers

20/2/2009 - Indians living in the UAE will not have to go all the way to Indian missions in Dubai or Abu Dhabi hence-forth for passport and visa services, as the 12 Empost dedicated centers across the UAE, will handle such services.

New Visa service introduced in UAE

20/2/2009 - Visitors to Dubai can now receive entry permits and visas via e-mail and SMS, with a new service, called the Mobile Visa Scheme (M-Visa Scheme), being launched in Dubai this week, by the Dubai Naturalization and Residency Department (DNRD).

Unemployment among Gulf nationals bound to rise

18/2/2009 - The rate of unemployment among Gulf nationals is bound to increase this year, with the economic downturn limiting the creation of new job opportunities in the private and public sectors, reveals a new reporty by the National Bank of Kuwait (NBK).

Curtain falls on Dubai Shopping Festival 2009

28/2/2012 - The biggest shopping extravaganza in the region, DSF 2009, the 14th edition of DSF, came to a conclusion yesterday, amidst a wonderful ceremony at the Dubai Festival City.

National ID cards deadline extended till 2011

16/2/2009 - The deadline for obtaining National Identity Cards for expatriate professionals have been extended till the end of next year, revealed a top official in Abu Dhabi.

India, the debut destination for Flydubai

13/2/2009 - Flydubai, the first budget carrier in Dubai, is scheduled to depart to five Indian destinations during second quarter of this year, depending on availability of aircraft.

Final count down begins at DSF 2009

28/2/2012 - With just a week left for conclusion of DSF 2009 (Dubai Shopping Festival 2009), the visitors and residents are seeking some best shopping and entertainment options this year.

UAE Labour Ministry offices to work extended hours from next month

10/2/2009 - Beginning next month, all Ministry of Labour (MoL) offices in the country will function from 8am to 7pm, announced a senior official at the Ministry.

List of eligible nationals for new MBRHE Housing units released

10/2/2009 - The list of UAE nationals, eligible for the new houses at Al Mizhar 1 area, has been revealed.

Dubai RTA to launch Pink buses for women

6/2/2009 - The Roads and Transports Authority (RTA) in Dubai will soon launch Pink buses for women in Dubai.


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