Search Results for: Dubai
Dubai and Abu Dhabi named Middle East’s most sustainable cities
September 15th, 2016
Dubai has been named as the region’s most sustainable city, but it still falls in the bottom half of a new global ranking of 100 major cities. Construction consultancy Arcadis has placed Dubai 52nd in its 2016 Sustainable Cities ...
Who are the biggest investors in Dubai’s real estate market?
September 5th, 2016
It’s no secret who the top foreign investors in Dubai’s real estate market are. Time and again, Indians have emerged atop the podium as the biggest non-GCC foreign buyers of real estate in the emirate. And it’s no surprise ...
Dubai: No access to lawyers due to financial constraints? Now there is free legal consultation
September 5th, 2016
Dubai: Having no access to lawyers for legal consultation in Dubai due to financial constraints will now be a thing of the past, officials said. The Community Development Authority (CDA) in Dubai this week launched the Legal Clinic to ...
Dubai house prices move into positive territory for first time in two years
September 1st, 2016
Dubai house prices moved into positive territory for the first time in two years in the second quarter, according to Core Savills. The property consultancy said that after seven consecutive quarterly declines, Dubai’s residential sales market grew a marginal 1 ...
The Dubai government has shut down a foreign exchange trading firm
July 25th, 2016
The Dubai government has shut down a foreign exchange trading firm in Dubai pending further investigations. Officials from the Department of Economic Development (DED) closed the offices of Exential Group in Dubai Media City last week and ordered it ...
Dubai’s largest bank reported Q2 net profit rises 16%; $520m net profit
July 18th, 2016
The bank made a net profit of Dhs 1.91bn in the three months to June 30 Dubai’s largest lender, Emirates NBD (ENBD), reported a 16 per cent rise in second-quarter net profit on Monday, broadly in line with analysts’ ...
Dubai expects 2.5m Saudi tourists in 2020
May 23rd, 2016
Dubai is a top choice for Saudi tourists and their number is expected to increase by almost 100 percent, that is 2.5 million, by 2020, an Emirati official has said, citing current economic forecasts. “The number of Saudi tourists ...
International law firm to launch a practice in Dubai
May 4th, 2016
Withers continues its international expansion with a deal to launch a practice in Dubai with the hire of EY’s Middle East and North Africa (MENA) private client chief Stijn Janssen. The office will be located in the Dubai International ...
Dubai sees 5% rise in tourists to 4.1 million in Q1
April 25th, 2016
Dubai welcomed 4.1 million overnight visitors in the first three months of 2016, a 5.1 percent increase over the same period last year, official figures showed on Monday. The increase was backed by strong double digit growth from its ...
Kuwait oil strike to support Brent, Dubai, reduce fuel exports -analysts
April 18th, 2016
Kuwait oil outage supports Brent, Dubai Fuel exports to fall as Kuwait cuts refinery output A workers’ strike in Kuwait that has cut its crude output by more than 60 percent could support oil price benchmarks Brent and Dubai, ...
