Wednesday 27 August 2014
 
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Dubai

Damac ready for release of ‘Akoya Oxygen’ units

Damac, one of Dubai’s leading luxury developers, said it has brought forward the second release of units at its latest master development, Akoya Oxygen, following ‘unprecedented’ customer demand. Akoya Oxygen is

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2,000 experts to attend first Forex World Congress in Dubai

More than 2,000 financial executives and specialists are expected to attend the first Forex World Congress (FWC) which is to be held in Dubai in December. A&C Events, the organiser of the event, said the FWC which will see par

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Dubai residential rents down in H1

There has been a slight drop in the residential rents in Dubai in the first half with lease rates falling 2.9 per cent for apartments and 5.6 per cent for single family home (villas), said a report. Residential sale prices and ren

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400 exhibitors to showcase at Dubai signage show

More than 400 exhibitors from across 30 countries and more than 10,000 trade visitors are set to take part a top signage show in Dubai in January next year. The 18th edition of SGI Dubai will take place from January 11 to 13 at th

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Tecom launches 440-villa project in Dubai

Tecom Investments, a diversified conglomerate and a member of Dubai Holding, has launched a new freehold villa community featuring 440 properties close to its DuBiotech business park in Dubai, UAE. The 'Villa Lantana,' pro

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UAE ministry in deal to organise key food security event

UAE’s Ministry of Environment and Water (MoEW) has signed a deal with the Nor-Fishing Foundation and Informa Middle East, a leading provider of conference, to organise a key conferences aimed at reinforcing food security in the UAE.

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Dubai construction material prices steady

The prices of individual construction materials in Dubai, UAE, remained more or less steady during the second quarter of 2014 compared to the same period last year, said a report. In the cement category, the prices of ordinary Por

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$130m fake mobiles seized in Dubai

More than 60,000 fake mobiles worth Dh48 million ($130.6 million) were seized from August 9 to 23 by Dubai Police’s Criminal Investigations Department (CID), said a report. The CID’s Anti-Economic Crime Department reco

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Dubai retail sector to hit record $41bn

Dubai’s retail and shopping sector is expected to reach a record figure of Dh150 billion ($40.8 billion) by the end of this year, driven by the spending power of its residents and tourists. According to the latest data from

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Dubai retail sector to hit $41 billion by year-end

Dubai’s impressive average spending power of Dh53,000 ($14,400) per household per year has seen the retail sector riding a wave of growth to reach record figures, a report said. According to the latest data from Colliers Int

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