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Fri 23 Feb 18 06:01 pm

Dubai to launch real estate performance index: DLD chief

Dubai is planning to launch a real estate performance index that will allow global investors to track and benchmark performance, according to the Dubai Land Department (DLD) chief. “While we have certainly made good progress...

Dubai’s foreign trade steady in challenging environment

Despite the slow pace of economic recovery by many of its key partners, Dubai's non-oil foreign trade has maintained solid momentum, with direct exports on the rise. While Dubai posted a sharp increase in the...

Dubai developer Meraas rebrands, reveals new logo

Dubai developer Meraas has rebranded its logo to reflect its expanding portfolio, it announced on Monday. The government-owned holding company currently operates in different sectors including food, retail, leisure, hospitality, health and education. The new brand...

Aldar begins sale of second phase of Yas Acres

Aldar Properties, Abu Dhabi's leading listed property development, investment and management company, has sold out the first phase of 267 units at Yas Acres, generating Dh1 billion in sales. As a result of this strong...

Jafza showcases innovative smart services at GITEX

The Jebel Ali Free Zone, Jafza, is showcasing an integrated package of services and smart new solutions for customers and companies during GITEX Technology Week 2016. In line with the vision of Vice President and...

Unilever goes ‘Made in the UAE’ with factory in Dubai

Unilever, the company behind brands such as Dove and Vaseline, expects to start exporting products with a "Made in the UAE" label next year from its new Dh1 billion factory, as global brands set...

Dubai non-oil growth fastest since 2015

Dubai’s non-oil private sector economic activity signalled strong growth in January, according to the Emirates NBD Dubai Economy Tracker Index (DET). January data showed the DET rose to 57.1 from 55.9 in December, the highest...

Abu Dhabi fund launches ETF to invest in UAE large caps

An Abu Dhabi-based asset management firm said on Monday it was launching a physical, in-kind exchange-traded fund (ETF), which would invest in the largest UAE stocks by capitalisation. Afkar Capital, which was founded at the...

More supply than demand affecting Dubai’s hotel occupancy

Occupancy is down in Dubai hotels last month, even as there is an increase in available hotel rooms and and strong demand, according to STR, the leading hotel data and benchmarking site. Dubai reported declines...

How to make money from Airbnb in Dubai

Own a home in Dubai and want to get 50 per cent more rent money — legally — with just a few strings attached? Turning your property into a short-stay rental for tourists has long...
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