News
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Cityscape Global, the largest business-to-business real estate investment and development brand in the Middle East, will be opening its doors from September 27-29 in Dubai
13 August, 2011 |
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Dubai’s direct trade exchange with the world has seen a significant rise of 27 per cent in the first five months of the year, reaching Dh289 billion
22 August, 2011 |
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Dubai's plan to invest $7.8 billion (Dh28.8 billion) in expanding airspace and airport capacity at Dubai International Airport over a 10-year period
07 July, 2011 |
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There was a distinctly upbeat atmosphere at Tuesday’s ‘Invest in Dubai’ event hosted in London by the Arab British Chamber of Commerce
29 June, 2011 |
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Foreign investors will be allowed to buy up to 25 per cent of shares in newly-listed company Insurance House.
29 June, 2011 |
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Dubai Real Estate Corporation (DREC) will look at acquiring assets for development and management within the emirate, as the property prices in certain areas are about to pick up
29 June, 2011 |
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Reflecting a growing economic development and promising investment opportunities, Dubai hit a new record growth of 34 per cent in direct trade exchange
29 June, 2011 |
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Foreigners investing in UAE real estate will get a three-year multiple entry visit visa, according to a Cabinet decision Tuesday
29 June, 2011 |
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Dubai Even with a number of companies in the UAE issuing bonds in recent weeks to finance projects, Etihad Airways has no plans to do so to finance its aircraft deliveries this year
June 9, 2011 |
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An open budget of Dh7 million has been allocated to set up the world's first eco-friendly business centre.
June 9, 2011 |
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Non-oil trade between the UAE and China jumped 86.11 per cent to $13.4 billion in 2009 from $7.2 billion in 2005
June 9, 2011 |
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Dubai is bracing itself for a significant increase in the number of passengers and tourists by enhancing the capabilities of 25 external centres
June 9, 2011 |
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Dubai's new airport, Dubai World Central-Al Maktoum International, to open for business with private jets next year
June 9, 2011 |
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The United States is exploring the development of a Trade and Investment Cooperation Agreement, or TICA, with the GCC nations including the UAE
9 June, 2011 |
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The UAE's non-oil foreign trade achieved breakthrough growth of 28 per cent year-on-year in February.
29 May, 2011 |
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Germany is UAE’s fourth largest trade partner with bilateral trade reaching $8.4 billion in 2009, accounting for 41 per cent of trade exchanges between Germany and all Gulf nations
30 May, 2011 |
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Abu Dhabi Terminals, or ADT, witnessed a 56 per cent year-on-year growth in container handling in the first quarter of 2011
29 May, 2011 |
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The Abu Dhabi Municipality, from Wednesday evening started using solar energy to light up certain sections of its head office on Salam Street.
29 May, 2011 |
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Housing is soon expected to become more affordable in Abu Dhabi owing to recent reductions in construction costs
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The Abu Dhabi skyline is changing fast. Massive investments in landscape, property, master-planned communities will soon reshape in the next decade what has been built over the last 40 years.
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Abu Dhabi-based master developer Aldar Properties emerged the big winner at the fifth edition of the annual Cityscape Awards for Real Estate in the Middle East
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Abu Dhabi National Exhibitions Company (Adenc) has unveiled Marasi Village, a luxury waterfront development comprising 81 luxury villas for sale
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Diamond Developers yesterday announced that it had put the final touches on plans to develop the first sustainable city in Dubai
21 April, 2011 |
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UAE investors increasingly look towards space for investments as the $7.5 billion (Dh27.5 billion) space tourism industry is set to take off
March 1, 2011 |
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Etihad Airways and Linfox-owned Armaguard Group have set up a new company to transport valuable goods around the globe.
February 27, 2011 |
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The UAE on Tuesday announced signing of 14 deals worth close to Dh4 billion with companies participating in the International Defence Exhibition and Conference
24 February, 2011 |
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The passenger traffic at Abu Dhabi International Airport grew 12.2 per cent year-on-year in 2010
30 January, 2011 |
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Masdar City, the world’s first ever city aiming to reach zero carbon emissions, meaning completely free of air pollution, is planned for a capacity of 45,000 people by 2025
30 January, 2011 |
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Abu Dhabi Tourism Authority (ADTA) has set a stretch target for 2011 hotel guests of 2 million, up from the current 1.9 million
08 February, 2011 |
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Abu Dhabi's major real estate developer Aldar Properties is set to deliver a number of property developments this year in the emirate
07 February, 2011 |
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The UAE's oil production capacity is forecast to increase to 3 million barrels a day (bpd) in 2013 as a number of projects come online
8 February, 2011 |
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Mubadala GE Capital PJSC has committed $2 billion in financing over 45 transactions in the Middle East and North African region in its first year of operations
28 December, 2010 |
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Abu Dhabi Commercial Bank (ADCB) said yesterday construction of the second phase of its Dh450-million Abu Dhabi One (AD-1) project has started.
23 December, 2010 |
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By the end of the year, the UAE will have spent around $5 billion (Dh18.36 billion) on technology investments
14 December, 2010 |
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The Municipality of Abu Dhabi City opened the newly-built bridge and interconnecting roads and fly overs at Mafraq junction near the Abu Dhabi International Airport for traffic.
12 December, 2011 |
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Tourism Development & Investment Company (TDIC), the master developer of tourism, cultural and residential destinations in Abu Dhabi is to deliver six iconic hotels
13 November, 2010 |
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The Municipality of Abu Dhabi City reiterated its commitment to sustainable development projects
13 November, 2010 |
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Construction design and engineering firm, Drake and Scull International, made Dh432 million in revenue and Dh34 million in net profit
12 November, 2010 |
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Abu Dhabi has recorded a 16 per cent rise in hotel guests in the first nine months of this year
02 November, 2010 |
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Abu Dhabi-based diversified investment holding company Waha Capital said its net profit for the fiscal third quarter rose to Dh37 million
22 October, 2010 |
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The opening of the Ferrari World Abu Dhabi theme park marks a significant turning point in the emirate's plans to transform itself into a leisure destination.
14 October, 2010 |
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The German engineering and automation conglomerate Siemens will become the largest tenant of Masdar City when its first stage is completed in 2015.
12, October 2010 |
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Investors view some of the attractively valued regional shares as a buying opportunity based on strong global cues
21 September, 2010 |
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The pact includes project management, design, procurement, construction, testing and commissioning of all civil works associated with the Offshore Terminal Area
20 September, 2010 |
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The first homeowners at Aldar’s Al Bandar development at Al Raha Beach in Abu Dhabi have been given their keys in a significant milestone for the emirate’s largest developer.
19 September, 2010 |
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The Dh6.8-billion redevelopment plan at Abu Dhabi International Airport is on schedule and will be competed by 2030
04 September, 2010 |
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A subsidiary of France's Vinci, the world's largest construction group, is eyeing more complex projects in Abu Dhabi as it starts operations in a fiercely competitive market
02 September, 2010 |
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The country’s budget in the first half of the year was ‘balanced’, with a slight increase in its revenues, a top official said.
31 August, 2010 |
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Abu Dhabi-based real estate developer Aldar Properties' estimated Dh55 billion mixed-use development — Al Raha Beach — remains on track despite the slowdown
30 August, 2010 |
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Abu Dhabi’s Tourism Development & Investment Company (TDIC) announced on Monday the completion of piling work on its flagship project Louvre Abu Dhabi on Saadiyat Island.
31 August, 2010 |
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Abu Dhabi International Airport on Friday welcomed its first one millionth passenger within a calendar month, achieving one more record in its short history.
28 July, 2010 |
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with the ensuing completion of the iconic HQ building, the quantum of commercial space it will be releasing to the market would double to 190,000 square metres.
25 July, 2010 |
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Abu Dhabi Ports Company (ADPC) has awarded a key contract worth Dh1.028 billion to build vital infrastructure at its mega Khalifa Port being constructed in Taweelah, near Dubai
23 July, 2010 |
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Abu Dhabi Tourism Authority (ADTA) yesterday released figures that showed a 16 per cent rise in hotel guests during the first half, while guest nights rose 11 per cent.
22 July, 2010 |
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Investment authority has registered 600 firms this year and hopes to double that figure
12 July, 2010 |
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Re-exports from Abu Dhabi surged by an impressive 43.4 per cent in the first quarter of this year compared to the first quarter of last year
11 July, 2010 |
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Abu Dhabi Ports Company (ADPC) will finish building within weeks the first phase of a 2.7 square km offshore port in Taweelah
10 July, 2010 |
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Abu Dhabi National Hotels Company, or ADNH, has signed a memorandum of understanding appointing The Ritz-Carlton Hotel Company as the operator of the Grand Canal Hotel
8 July, 2010 |
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The UAE ranks number one on the list of Korea's exporting countries worldwide and number two on the list of its importing countries from the Middle East region
07 July, 2010 |
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Sorouh Real Estate PJSC, the Abu Dhabi-based real estate developer, is making "excellent" progress on the construction of Watani, the master-planned community for UAE nationals
23 June, 2010 |
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Urban development versus saving the planet. This is a very thin line to walk and finding the balance between these two necessities is nowhere near easy
20 June, 2010 |
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The Abu Dhabi Corniche has bagged Best Location Award in Abu Dhabi 2010 in a contest run online by Hala magazine
18 June, 2010 |
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The emirate of Abu Dhabi offers an attractive business environment to investors which has contributed to its prosperity in recent years
16 June, 2010 |
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Aldar Properties, on Tuesday announced the award of three infrastructure contracts for the Dh 9.4 billion Al Falah project
15 June, 2010 |
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World-class attraction being built by Aldar Properties is expected to feature over 40 rides
14 June, 2010 |
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Abu Dhabi’s real estate markets remain under-supplied in most sectors with vacancies currently at very low levels.
11 June, 2010 |
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The Abu Dhabi Government and two foreign partners will spend US$600 million (Dh2.2 billion) to build one of the world’s largest solar power plants
04 June, 2010 |
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The population of the UAE has reached 8.19 million and is continuing to grow despite the global financial crisis
02 June, 2010 |
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The Abu Dhabi Government has won a major international award for its wide-ranging strategic plan affecting all its departments
23 May, 2010 |
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Nakheel, the developer of palm-shaped man-made islands, will give full repayments to its contractors soon
20 May, 2010 |
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Dubai and Abu Dhabi are ranked ninth and 19 on the list of the most expensive market with occupancy costs at $108.92 and $72.71 per square feet per annum
18 May, 2010 |
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Property agents and dealers in Dubai still have enough business to keep them occupied as the emirate is adding 10,000 residents to its population every month
15 May, 2010 |
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Off-plan sales are considered anathema today, both by end-users and institutional investors looking for income-generating assets
27 April, 2010 |
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Dubai World creditors are being offered a total 2% interest on the group's $23.5 billion debt excluding Dubai government claims
28 April, 2010 |
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Tamouh Investments, the primary master developer of Al Reem Island, has announced it will start handing over apartments to institutional investors in May.
15 April, 2010 |
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Plans in place for integrated, affordable system in Abu Dhabi, lessening dependence on cars
22 April, 2010 |
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A senior Abu Dhabi Government official on Tuesday ruled out the possibility of 100 per cent foreign business ownership outside UAE free zones as part of the expected new companies law.
23 March, 2010 |
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The Municipality of Abu Dhabi City has recently opened the tunnel channeling traffic from the extension of Al Salam Street towards Al Maqta Bridge
20 March, 2010 |
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The UAE is in process of developing the state-of the art 1500-kilometre long freight and passengers rail network in next eight years, a top official said
19 March, 2010 |
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Two attractions with Formula One themes and built next to Grand Prix race tracks – one at Ferrari World on Yas Island, the other the Ring Racer at the Nurburgring
18 March, 2010 |
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Dubai’s new cruise terminal was formally opened on Tuesday and top government officials said it will help boost the economy of the emirate
2 March, 2010 |
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The Abu Dhabi Urban Planning Council (UPC) Sunday unveiled new street design standards in line with the Capital 2030 plan
2 March, 2010 |
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Developers in Abu Dhabi are focusing on the turnover of properties that will see 5,000-10,000 new housing units ready for occupancy this year
March 1, 2010 |
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Abu Dhabi’s tourism sector can look to the future with optimism thanks to a growth in hotel guests
11 February, 2010 |
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Dubai said on Friday that a new offshore oilfield, discovered at a time when the Gulf emirate is under unprecedented financial pressure, could begin production next year
05 February, 2010 |
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The Abu Dhabi Tourism Authority (ADTA) said Sunday the emirate witnessed a 2 per cent increase on the year in hotel guest numbers in 2009, bucking international trends
02 February, 2010 |
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Abu Dhabi international airport hopes to achieve over eight per cent growth in passenger traffic in 2010
27 January, 2010 |
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GE Energy has signed a multi-year service contract for more than $45 million (Dh166 million) with Dubai Aluminium Company Limited
25 January, 2010 |
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The emirate's economy grew at a staggering 30 per cent in 2008, its gross domestic product (GDP) reaching Dh520 billion on the back of record oil prices
20 January, 2010 |
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Gulf Cooperation Council (GCC) Secretary-General Abdul Rahman Al Attiyah hinted that the GCC and EU free trade agreement would be inked in the near future
11 January, 2010 |
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The Burj Dubai metro station opened on Monday to mark the fourth anniversary of the accession of His Highness Shaikh Mohammed bin Rashid Al Maktoum
02 January, 2010 |
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The UAE economy is set to post a real growth of 1.3 per cent in 2009, rising to 3.2 per cent in 2010, according to UAE Minister of Economy Sultan bin Saeed Al Mansouri.
18 December, 2009 |
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Construction of stations on the Green Line has been 50 per cent to 80 per cent completed, according to the Roads and Transport Authority (RTA) chairman
16 December, 2009 |
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Abu Dhabi Municipality yesterday said it was committed to completing the Dh5 billion Al Salam Street tunnel and road project
15 December, 2009 |
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Abu Dhabi and UAE Central Bank give $10b in support, Dubai World welcomes decision, Dubai Government expected to announce new legal framework
14 December, 2009 |
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Analysts point out that at such levels, the global banks' exposures are easily manageable.
05 December, 2009 |
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Dubai World’s plan to restructure its debts is a normal business response that shows the company is moving in the right direction to solve its problems
03 December, 2009 |
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Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, said the economy of the emirate is “strong and persistent”
03 December, 2009 |
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Emirates, the biggest Arab carrier, yesterday said it is confident that its profits will cross $1b this year
01 December, 2009 |
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Moody's Investors Service yesterday said that the recently announced restructuring of Dubai World's liabilities is unlikely to threaten the credit quality
30 November, 2009 |
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Inside a large warehouse on Saadiyat Island yesterday, Sheikh Sultan bin Tahnoon Al Nahyan looked up in wonder
22 November, 2009 |
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The UAE has improved its ranking by five places over last year in Transparency International's 2009 annual Corruption Perceptions Index (CPI).
November 20, 2009 |
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The Abu Dhabi Department of Economic Development, or DED, is satisfied with the success of the just-concluded Formula One grand Prix in Yas Marina Circuit
10 November, 2009 |
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Aldar Properties, Abu Dhabi's leading property development and investment company, recently announced the completion of the external structure of Ferrari World Abu Dhabi
05 November, 2009 |
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Dubai Financial Market announced that the value of shares bought by foreign investors, or non-UAE nationals, during last week reached AED 2.515 billion
25 October, 2009 |
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Landmark Advisory, one of the leading real estate consultancy companies in the Middle East, today launched its latest lease guide for Abu Dhabi
22 October, 2009 |
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Aldar Properties net profit for third quarter dropped 43 per cent to Dh430 million from Dh760m in the same period last year
21 October, 2009 |
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Although cash and confidence issues still prevail, Dubai's property market will witness the first green shoots of recovery
20 October, 2009 |
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The Yas Marina Circuit was handed over by its developer to the organisers of the Abu Dhabi Grand Prix on schedule today
23 September, 2009 |
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Dubai-based real estate developers, Emaar Properties and Nakheel, have decided to reverse their earlier decisions of not to taking part in this year's Cityscape
20 September, 2009 |
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Almost 17,000 new villas in 23 locations are set to be built in Abu Dhabi in the next five years
August 24, 2009 |
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The Jumeirah Lake Towers (JLT) Metro Station will mainly cater to the huge new residential and commercial developments including the Dubai Marina and the JLT
August 22, 2009 |
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The Middle East will see 99 new hotels and 25,829 hotel rooms open in 2009, followed by 110 hotels and 31,725 rooms in 2010
August 19, 2009 |
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Banks and lending agencies in the UAE are witnessing healthy growth in residential real estate mortgages
August 16, 2009 |
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To get it subscribe to the newsletter by clicking on the red button on the main page under 'News - Dubai and Abu Dhabi' section
August 14, 2009 |
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Sorouh Real Estate has completed the construction of Abu Dhabi's Sun and Sky Towers on Reem Island, 100 days ahead of schedule
August 13, 2009 |
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Keynote speaker at Cityscape Dubai says global real estate prices to bottom out by 2010 but opportunities still exist
August 11, 2009 |
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Ali Saeed bin Sulayem said the company pursues the policy of self-finance in all projects
August 10, 2009 |
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Bloom Properties in Abu Dhabi has said it is actively reviewing prices and payment plans for existing customers
August 10, 2009 |
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Property owners in UAE will have to leave the country every six months, to continue staying in the emirate without a work visa
August 08, 2009 |
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About 400 projects, worth more than $300billion are either on hold or have been cancelled in the UAE
July 23, 2009 |
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Al Hilal Bank has announced that it has purchased a commercial plot on Sowwah Island, the core of new Central Business District in Abu Dhabi
July 22, 2009 |
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A significant milestone in the creation of Abu Dhabi's new urban waterside living project was achieved on 15 July 2009
July 20, 2009 |
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Abu Dhabi Airports Company (ADAC) today released the June 2009 traffic figures for Abu Dhabi International Airport, which shows the continuation of healthy increases in passengers
July 15, 2009 |
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Worldwide economic upheaval combined with a radical shakeout in the regional investment landscape promise to make Cityscape Dubai 2009 (October 5-8) the most important real estate event
July 12, 2009 |
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There has been a rise in demand for residential units in the area known as 'New Dubai' during the second half of 2009
July 11, 2009 |
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Dubai-based Emaar Properties has confirmed that the opening of the Burj Dubai has been delayed
July 08, 2009 |
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Sale prices of real estate in parts of Dubai and Abu Dhabi are registering big increases
July 07, 2009 |
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United Arab Emirates will utilize more solar energy from 2020 than Europe and the United States
01 July, 2009 |
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According to MAG properties, the aim is not the survival of the crisis, but to set targets for the future
30 June, 2009 |
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Twenty-four thousand square metre Louvre Abu Dhabi is going to be finished in 2013 September
28 June, 2009 |
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To build upon his vision for the future, H. H. Sheikh Mohammed bin Rashid al Maktoum, Ruler of Dubai and UAE Prime Minister and Vice President, has today launched 'Dubai 2020'
27 June, 2009 |
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Prices in Abu Dhabi’s real estate market have begun to show signs of a turn around, while the emirate’s master developers have also seen their shares rise on the local markets
12 June, 2009 |
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The value of imports to Abu Dhabi increased by 42.5 per cent last year, fuelled by more shipments of imported machinery, industrial equipment, and building materials
09 June, 2009 |
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A new building code is to be implemented across Abu Dhabi from next January, the Department of Municipal Affairs (DMA) has revealed
11 June, 2009 |
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The Emirates is the fourth most potentially lucrative markets in the world for retailers on AT Kearney’s annual Global Retail Development Index, which ranks 30 emerging countries
09 June, 2009 |
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The UAE's first government satellite, DubaiSat-1, will launch on July 25, scientists announced
05 June, 2009 |
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Most industry participants and analysts yesterday agreed with an HSBC research report that said the gloom and doom in Dubai's real estate sector has ended
30 June, 2009 |
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Aldar Properties has said the infrastructure of Yas Island's phase one will be completed in July
28 May, 2009 |
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The UAE and France formally launched the Louvre Abu Dhabi project, bringing the iconic cultural name one step closer to the region
28 May, 2009 |
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The construction of the first of the 16 cargo terminals has been completed, well on the way to achieving the goal of having an annual capacity of 12 million tonnes
24 May, 2009 |
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Mubadala Development, the strategic investment arm of the Abu Dhabi Government, has increased its holding in General Electric (GE) to 65.8 million shares
24 May, 2009 |
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Today we have launched the brand new image of Light House, which consists of a new homepage, a new newsletter and other interactive contents
23 May, 2009 |
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Despite current economic challenges, Abu Dhabi continues to perform, mainly due to undersupply of accommodation across all sectors.
6 May, 2009 |
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The UAE economy has created in excess of 660,000 jobs in just six months and this shows the global financial turbulence...
3 May 2009 |
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The UAE government will be issue multiple entry visas for property owners, allowing them to stay in the UAE for up to six months.
3 May, 2009 |

















































































































































































































































