UAE non-oil private sector reports strongest year-to-date in June
UAE business confidence continued to improve in June, Arabian Business reports The state of the UAE’s non-oil private sector improved to the highest levels seen year-to-date in June, bolstered by strong inflows of new business and output growth, according to new statistics from Emirates NBD. In its seasonally adjusted UAE Purchasing Managers’ Index (PMI), Emirates […]
E-ticketing system launched for Dubai Frame to ease rush
Dubai Municipality launches new system for attraction that has so far seen 466,000 visitors since opening earlier this year An e-ticketing system for Dubai Frame, the emirate’s latest tourist attraction, was launched on Wednesday by Dubai Municipality. Dawood Abdulrahman Al Hajiri, director general of Dubai Municipality, announced the new way to book tickets in advance […]
Revealed: Hottest rental investment communities in Dubai
Throughout the year, demand for rental communities is constantly changing as tourists come and go. However, that may not be the case everywhere in Dubai. Some communities such as Dubai Marina and International City have remained the most in-demand rental communities during high-, mid- and low- season offering stable returns on real estate investment in the first […]
Dubai races up global rankings for real estate transparency
Dubai has retained its position as the MENA region’s most transparent real estate market with a range of new government initiatives, pushing the emirate up in the global rankings. According to the JLL Global Real Estate Transparency Index, (GRETI), Dubai was among the top three improvers globally in the Semi-Transparent category. The emirates moved up […]
UAE’s skilled workers will see hefty salary increase
The supply of highly skilled workers is falling short of demand, Khaleej Times reports Businesses across the UAE need to plan ahead for the next few years as the shortage of highly skilled workers in the region will result in a substantial increase in salaries, experts predicted. Speaking at a press conference on Wednesday, experts […]
UAE to act as ‘beating heart’ of financial innovation in Middle East
New report says the UAE is ideally positioned to facilitate development of digitally enabled financial solutions for the region, Arabian Business reports The UAE is ideally positioned to serve as the “beating heart” of a regional innovation hub, according to a new report published by Oliver Wyman in collaboration with Dubai International Financial Centre (DIFC). […]
Jebel Ali Freezone work visa process time and related transactions cut to 24 hours or less
Jebel Ali Free Zone (Jafza) signed a cooperation agreement with the General Directorate of Residency and Foreigners Affairs (GDRFA) to simplify existing visa procedures. Under the agreement, the GDRFA will provide enhanced services to companies operating in Jafza and the National Industries Park (NIP) – both DP World subsidiaries – through the recently completed electronic […]
American University in the Emirates offers 100 scholarships
American University in the Emirates (AUE) announced 100 scholarships worth around Dh20 million in total. AUE is located in Dubai International Academic City just a few-minute drive away from our latest development, Easy18 which offers quality living at an affordable price. A stone’s throw away from the best Dubai has to offer, residents will have quick access […]
In pictures: Dubai takes steps to become a more pedestrian-friendly city
With a new Canal Walk, City Walk, 32-km cycle tracks at a cost of AED67 million, new marine stations, pedestrian bridges and public spaces Dubai is becoming more pedestrian-friendly. Many of the malls being developed in Dubai will also be inspired by a sense of community. The canal that cuts through Dubai’s Business Bay was just […]
Dubai fell out of the world’s top 25 most expensive cities
Dubai has become a more affordable country now for expats as the cost of living has declined despite the introduction of value-added tax (VAT) earlier this year. This can be attributed to a consistent fall in rents, a strong local currency and lower oil prices last year. According to Mercer’s annual cost of living survey, […]