ABU DHABI / WAM The Construction Cost Index (CCI) in Abu Dhabi reached a level of 103.5 percent during the first quarter of 2018, an increase of 9.9 percent compared to the first quarter of 2017, according to statistics issued by the Statistics Centre-Abu Dhabi, SCAD. Construction costs also rose during first quarter of 2018 by 5.6 percent, compared to ...

DUBAI / WAM Dubai will host the first Global Investment in Aviation Summit (GIAS) — a major aviation conference — to be attended by the world’s 500 top aviation investors, as the UAE emerges as the region’s biggest aviation hubs. The high-profile delegates from 40 countries will include 20 aviation ambass- adors, ten knowledge partners, 200 aviation officials and 300 ...

SHARJAH / WAM The Sharjah Investment and Development Authority (Shur-ooq) has announced, in cooperation with General Hotel Management Ltd (GHM) that September 1 will be the opening date for the region’s most coveted heritage resort, “Al Bait,” located in the Heart of Sharjah the largest historical preservation and restoration project in the region. The opening of the five-star hotel, Al ...