News

  ABU DHABI / WAM LEAD Development and Project Management Consultants (LEAD) and The National Investor (TNI) will build the first residential community of private ‘green’ villas and townhouses at Masdar City, Abu Dhabi’s flagship sustainable urban development, it was announced. The project, which will also include apartments, is to be delivered over 250,000 sqm of gross floor area (GFA). ...

  DUBAI / WAM HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, launched ‘Dubai Post’, an interactive online community portal that uses smart technologies to provide unique audio-visual content. Sheikh Hamdan bin Mohammed highlighted the important role that media plays in the UAE’s comprehensive development efforts. He affirmed the ...

  DUBAI / WAM Sotheby’s, one of the world’s largest auction houses, has officially opened its Dubai gallery and office at Dubai International Financial Centre (DFIC), in the presence of Sheikh Nahyan bin Mubarak Al Nahyan, UAE Minister of Culture and Knowledge Development, and Essa Kazim, Governor of Dubai International Financial Centre (DIFC), alongside Sotheby’s President and CEO, Tad Smith, ...

  Dubai / Emirates Business wasl Asset Management, one of the largest real estate development and management companies in Dubai, announced the launch of wasl Karama Bazaar, which will provide free stalls for Emirati small business owners. The event will be hosted at the Karama Central Market within wasl buildings, and will run from March 16 until April 7 on ...

  New York / WAM HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, met Antonio Guterres, Secretary-General of the United Nations, at the UN headquarters in New York. During their meeting, the two sides discussed aspects of joint cooperation and ways to strengthen and consolidate bilateral relations between the UAE and the United Nations ...

  London / WAM HH Sheikh Dr Sultan bin Mohamed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has launched an English copy of his book “The Tale of the City,” which sheds lights on the arrival of the British and the fall of Constantinople. After signing the English version of the book, Sheikh Sultan Al Qasimi said that ...

  Dubai / WAM Expenditure on outbound travel from the Middle East is expected to reach $165.3 billion by 2025, according to the World Travel and Tourism Council. Highlighting the buoyant outbound travel market, another report, issued by the United Nations World Tourism Organisation (2015 Tourism Highlights), which includes research teams from Frost & Sullivan and Insights Middle East, revealed ...

  Dubai / WAM The eleventh edition of Art Dubai will open its doors to the public on Wednesday. Held under the patronage of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, and with the new leadership of Fair Director Myrna Ayad, and International Director, Pablo del Val, this year’s fair will ...

  Abu Dhabi / WAM The total federal government spending reached AED29.717 billion in the first nine months of 2016, according to the latest report issued by the Ministry of Finance, which revealed the developments related to the implementation of the general budget by government departments in 2016. The total spending during the first nine months of last year accounted ...

  Dubai / Emirates Business Danube Properties, UAE’s leading property developer, part of Danube Group, launched a new realty project called ‘Resortz’, in Dubai’s Arjaan neighbourhood. The project was unveiled by Rizwan Sajan, Founder and Chairman of Danube Group, in the presence of media, brokers as well as senior management of the firm. The AED 300 million project spans an ...