Saturday 22 July 2017
 
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UAE

UAE developer Deyaar's H1 revenue up 135pc

UAE-based property developer Deyaar has reported a 135 per cent year-on-year increase in revenues for the six months ending June which soared to Dh316.4 million ($86.1 million) from last year's 134.9 million. Announcing its fi

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South Korea sees 20pc jump in UAE visitors to Jeju Island

South Korea’s Jeju Island witnessed a a 20 per cent increase in the number of UAE tourists during the first half of 2017, data showed. Figures released by the Jeju Island Tourism Organization, South Korea were presented in a

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UAE capital 'becoming most affordable housing market'

Slackening demand has sent residential sale prices tumbling in Abu Dhabi and rents have also declined in most districts, making the UAE’s capital more affordable following prolonged government austerity measures, according to a report.

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UAE ranked 3rd in global change readiness index

The UAE has been ranked third among the world's nations most prepared for change in the latest Change Readiness Index 2017 compiled by top audit, tax and advisory firm KPMG. The first spot was notched by Switzerland. The Chang

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UAE ranked 3rd in global change readiness index

The UAE has been ranked third among the world's nations most prepared for change in the latest Change Readiness Index 2017 compiled by top audit, tax and advisory firm KPMG. The first spot was notched by Switzerland. The Chang

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JA Resorts & Hotels names new director

JA Resorts & Hotels, a leading luxury hotel group in the UAE, has appointed Thomas Grundner as the new group director of sales and marketing. He was previously the vice president for sales and marketing at Millennium. In his n

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Dubai Islamic Bank H1 net profit up 7pc to $583m

Dubai Islamic Bank (DIB), the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets, today reported a group net profit of Dh2.143 billion ($583.45 million), for the first half of this year, up 7 per cent compare

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UAE donates $30m to global polio eradication drive

The UAE has donated $30 million to the Global Polio Eradication Initiative in the US city of Atlanta that will help drop the level of global polio infections down to zero. This was announced by UAE Ambassador to the US Yousef Al O

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Work to start on Fujairah's smart logistics city

The UAE emirate of Fujairah has reached an agreement with Niras, an international, multidisciplinary engineering consultancy, to start the construction of the first phase of its ambitious Smart Logistics City project. The agreemen

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Work to start on Fujairah's smart logistics city

The UAE emirate of Fujairah has reached an agreement with Niras, an international, multidisciplinary engineering consultancy, to start the construction of the first phase of its ambitious Smart Logistics City project. The agreemen

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