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200 Arabtec workers to be repatriatedAbout 200 Arabtec workers, who took part in a four-day strike by foreign workers seeking higher pay, will be repatriated to their home countries, Dubai's police chief has said. More… |
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Majid Al Futtaim to buy Carrefour's 25pc stakeCarrefour, Europe's largest retailer, agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 million euros ($682.45 millio More… |
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Abyaar announces Dubai project deliveryDubai-based Abyaar Real Estate Development Company has announced the delivery of the phases I and II of its prestigious Acacia Villas project located at Acacia Avenues, the first freehold development in Dubai’s prime Jumeirah district. More… |
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Emirates NBD launches $1bn bondEmirates NBD launched a $1 billion core capital-boosting bond on Wednesday, amid healthy demand, allowing the Dubai lender to tighten earlier price guidance. The Tier 1 bond launched at a final yield of 5.75 per cent, tighter than More… |
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Volkswagen’s new Golf GTI launched in MEAl Nabooda Automobiles, the exclusive dealer for Volkswagen in Dubai and the Northern Emirates, has become the first dealership in the Middle East to receive the brand new Golf GTI. Al Nabooda Automobiles is offering customers an More… |
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RTS Realtime opens data center in DubaiRTS Realtime Systems Group (RTS), a leading global trading solutions provider, has announced plans to open its first regional data center in Dubai. Expected to go live in mid-July, the new hub in the RTS global trading network wil More… |
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Emirates to increase flights to ColomboDubai-based Emirates, one of the world’s fastest growing airlines, will add three more flights per week to Colombo from June 30 to meet rising demand. The additional services, which will operate between Dubai and Colombo on More… |
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Peru road shows target Mideast marketsPeru, a fast growing emerging economy, is set to hold road shows in Abu Dhabi and Dubai with the goal of promoting greater inward investment from Middle Eastern markets. The tour will see a 35 strong Peruvian delegation led by sen More… |
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Emirates NBD seals Dubai tower dealEmirates NBD, a leading banking group in the region, said its real estate unit Emirates NBD Properties has concluded a Dh122 million ($33.2 million) deal with Emirates REIT, the first GCC Sharia compliant real estate investment trust, for retail More… |
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Better Homes releases property guidesUAE-based realtor Better Homes has released two helpful guides for property hunters and landlords in the Dubai market. The renter’s guide is an easy-to-use resource for those seeking to understand the renting process. The la More… |
