21 C
Saturday, January 21, 2017
Home News Business News

Business News

Cluttons Winter 2016/2017 Sharjah Property Market Snapshot

Sharjah rent prices fall for second successive year

Rents in Sharjah’s residential and commercial property markets have fallen for a second year in a row, increasing tenancy options in the emirate, according...

UAE bosses expect increase in workforce

Nearly 90 per cent of CEOs in the UAE believe they will employ more staff in three years’ time than they currently do now. That...

Rove City Centre hotel opens in Dubai

Rove Hotels, the mid-scale hotel brand developed by Emaar Hospitality Group, has opened its second property in Dubai. The 270-room Rove City Centre, under Rove...

Work starts on Imperial Avenue project in Downtown Dubai

Shapoorji Pallonji International Property Developers has started construction of Imperial Avenue in Downtown Dubai – the Indian company’s first real estate project in Middle...

Etihad launches new leisure airline for Europe

Abu Dhabi-based Etihad Aviation Group has approved plans to create a new leisure airline group targeting key European tourist markets, the company announced on Monday. The...
The Address Residences Jumeirah Resort + Spa

Construction starts on The Address Residences Jumeirah Resort + Spa

The construction of The Address Residences Jumeirah Resort + Spa at the end of the Jumeirah Beach Walk in Dubai Marina has commenced with...

Dhs3bn expansion plan for Marina Mall Abu Dhabi

Marina Mall Abu Dhabi management have announced that work will start in 2017 on a new Dhs3 billion extension and Dhs300 million of enhancements. The...

Rent prices and property values fall in Abu Dhabi

Global economic trends and uncertainty caused by the US presidential election have cause rent prices to drop 9.4 per cent and home values to...

Affordability key for Dubai property sector

Large downpayments on mortgages are the biggest obstacle to the Dubai property market reaching its potential. That’s according to one of the leading figures in...

New Mohammed bin Rashid Road to boost Khalifa Port expansion

The CEO of Abu Dhabi Ports says the opening of the new Mohammed bin Rashid Road marks a major milestone in enabling Khalifa Port’s...
Ferrari World, Yas Island, Abu Dhabi

UAE theme parks to welcome 19m visitors a year by 2020

The UAE’s existing and new generation theme parks will attract more than 19 million visitors a year by 2020 if current trends continue, according...
Schon Properties plans 2,700 iSuites hotel apartments at Dubai Investment Park

Schon Properties plans 2,700 hotel apartments at DIP

Schon Properties has announced launch of its iSuites development – a Dhs3.2 billion hospitality portfolio that will see the development of 2,700 hotel apartments...
HondaJet to make Middle East debut at the Middle East Business Aviation Association (MEBAA)

HondaJet to make Middle East debut at MEBAA in Dubai

Honda Aircraft Company will showcase its HondaJet at the Middle East Business Aviation Association (MEBAA) Conference from December 6-8 in Dubai. The appearance at the...

Best and worst places to live in Dubai revealed

UAE’s online marketplace for home services, ServiceMarket, has recently surveyed over 1400 Dubai residents to find out which Dubai neighbourhood has the most satisfied...
Emirates planes at Dubai International Airport (Photo courtesy of Dubai Airports)

Dubai International Airport gets 6.4m passengers in October

Dubai International (DXB), welcomed 6.4 million passengers in October, according to the monthly traffic report issued by operator Dubai Airports. Passenger traffic at DXB reached...
The Godfather Suite at the Paramount Hotel Dubai

More hotel rooms in Dubai than visitors

Dubai hotels are struggling to fill rooms as supply is outstripped by demand from visitors, according to new research. STR Global, the data research firm,...

Book a seat on a jet from Dubai to London

Private jet company JetSmarter is to launch a shared, private JetShuttle flight between Europe and the Middle East. The firm said it will offer single-seat...

Founder of Souqalmal is on a mission to make us financially savvy

People who meet or work with entrepreneur Ambareen Musa will know her as an astute businesswoman, an influential disruptor and a slick operator. They will...

Revellers in UAE turning to credit for festivities

More than a third of readers in a 7DAYS poll said they plan to pay for the festive season with credit cards. With UAE National...

Work starts on wholesale trading hub in Dubai

Construction work has begun on a trading hub to house Dubai’s suppliers in one district. The building of Dubai Wholesale City got under way...




clear sky
21 ° C
22 °
20 °
23 °
19 °
20 °
17 °
18 °