Local News

Expanded Jumeirah Golf Estates Clubhouse officially opens

  Dubai/ Emirates Business The new phase of the award-winning Jumeirah Golf Estates Clubhouse is now open for business, marking the introduction of a brand new F&B concept and 300-capacity events space to Dubai. Located at the heart of Jumeirah Golf Estates, the 12,150m2 Clubhouse has been expanded to include its fourth F&B outlet and first-of-its-kind banquet space in the ...

Read More »

Dubai residential market poised to recover in 2017

  Dubai / Emirates Business dubizzle, the UAE’s leading property platform, released its first property report in collaboration with JLL, the world’s leading real estate investment and advisory firm. The report, launched at the second edition of The Exclusive Agency Club (TEAC) event, provides insights and trends in the Dubai residential market, predicting a gradual upturn in residential properties in ...

Read More »

Tenants drive value as rents fall across Dubai

  Dubai / Emirates Business The latest Dubai Property Review Q3 2016 report by leading real estate consultancy Asteco has revealed increasing pressure is being placed on landlords as budget conscious tenants continue to place emphasis on downgrading to smaller units or relocating to cheaper communities to get better value for money. Apartments in Jumeirah Village Circle and Dubai Sports ...

Read More »

ADCorp appoints Talal Al Zain as CEO

  Abu Dhabi / Emirates Business Abu Dhabi Financial Group (ADFG) and GFH Financial Group (GFH) on Sunday announced the appointment of Talal Al Zain as Chief Executive Officer of the newly established ADCorp, the first Islamic financial institution at the Abu Dhabi Global Market (ADGM). ADCorp is incorporated and subject to final regulatory approval, will be regulated by the ...

Read More »

MoF holds workshop on IMF Fiscal Monitor in Dubai

  Abu Dhabi / Emirates Business The Ministry of Finance (MoF), in collaboration with the International Monetary Fund (IMF), recently held a workshop on IMF Fiscal Monitor report which is published twice a year, on its premises in Dubai. The report analyses the latest public finance developments on an international level, the impact of the recession on several countries, in ...

Read More »

New retail promotion to enhance National Day celebrations in Dubai

  Dubai / WAM The Dubai Festivals and Retail Establishment (DFRE), an agency of the Department of Tourism and Commerce Marketing (Dubai Tourism), will launch a new retail initiative, the National Day Sale, on the joyous occasion of the country’s 45th National Day. The National Day Sale, from December 1-3, will feature participating malls and retail outlets offering shoppers mega discounts ...

Read More »

ADFD finances AED147mn Morocco high-speed train

  ABU DHABI / WAM Abu Dhabi Fund for Development (ADFD), signed a concessionary loan agreement to the tune of AED147 million with the Office Nationale des Chemins de Fer du Maroc, (ONCFM), Morocco’s national railway operator, to finance the construction of a high-speed train to reduce the distance between the cities of Tangier and Kenitra. Complementing ADFD’s first instalment ...

Read More »

Dubai SME-Dubai Holding pact wins AED17 million contracts

  Dubai / WAM Members of Dubai SME, the agency of the Department of Economic Development (DED), mandated to develop the small and medium enterprise (SME) sector, won contracts worth AED17 million during the first half of 2016 under a partnership between the agency and Dubai Holding, a global investment holding company. This partnership aims to support competitive entrepreneurs in ...

Read More »

Economy minister to visit Cuba, Mexico

  ABU DHABI / WAM As part of the UAE’s policy to build trade and economic relations with other countries of the world, Sultan bin Saeed Al Mansouri, Minister of Economy, will embark on a six-day tour of Cuba and Mexico on Sunday. During the visit, Al Mansouri will hold talks with senior Cuban and Mexican officials on ways to ...

Read More »

MoFAIC marks historic relations with sub-Saharan Africa

  Dubai / WAM The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), has, in co-operation with Expo 2020 Dubai, celebrated the cultural collaboration with sub-Saharan Africa at the launch of the book ‘Shared Vision, Shared Voices’ in the presence of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. Reem bint Ibrahim Al Hashemi, ...

Read More »
Send this to a friend