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Retail space in Dubai to surge by 50 percent in three years: CBRE

Bloomberg Dubai is set to see retail space surge by 50 percent over the next three years, even as consumer spending slows in the Persian Gulf city, according to real estate adviser CBRE Group Inc. More than 1.5 million square meters (16 million square feet) of space will be added at the city of 3 million people, CBRE estimates. That’s ...

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Apicorp: UAE leads region in renewable energy sector

DAMMAM / WAM The UAE has done impressive work to stay on track with the renewable energy targets and with phases 3 and 4 of the Dubai Solar Park to begin commissioning by the end of 2020, and is placed at the forefront of renewable energy development in the region, according to a research published by the Arab Petroleum Investments ...

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‘Coalition forces presence in Socotra island is in coordination with Yemeni government’

RIYADH / WAM The presence of the joint forces of the Arab Coalition on the island of Socotra is within coordination with the legitimate Yemeni government, and that the coalition welcomes the statement issued by tribes and sheikhs of Saada Governorate, totally rejecting the Iranian-backed Houthi coup, the official spokesman for the Coalition to Support the Legitimacy in Yemen, Colonel ...

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