How the UAE became a regional hub for start-ups and innovation
The UAE may be famous for its rich oil reserves but what some may not know is that SMEs make up a large percentage of its gross domestic product According to the UAE Banks Federation, SMEs make up over 60 per cent of the country’s GDP and employ 42 per cent of its workforce. In […]
Dubai’s integrated public transport network yields 589 million commuters in 2018
Dubai’s Roads and Transport Authority (RTA) announced that the ridership of public transit means in Dubai, comprising the metro, tram, buses and marine transit modes (abra, ferry, water taxi, water bus) as well as e-hail vehicles, smart rental cars and taxis (Dubai Taxi and franchise companies), have collectively lifted about 589 million riders in 2018. […]
High quality building paints and materials used for Easy18 apartments
We are delighted to inform you of the high quality of materials and finishes used throughout the construction of Easy18 apartments. At TownX Developments we seek partners that share our core values. When it comes to design, quality and reliability, we choose and work with Italian, German and Swiss manufacturers. That’s exactly what we want […]
Top UK university inks deal to expand Dubai campus near Easy18 apartments
Located within Dubai International Academic City, a few minutes away from Easy18 apartments, our latest development which 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 to the entertainment venues and top schools and universities including the following: Hamdan Bin Mohammed Smart University University of Dubai Herriot-Watt […]
Dubai just planted hundreds of trees near Easy18 apartments to create new mangrove forests
The shrubs will create a habitat that’s vital for the survival of many species Dubai has some fantastic parks and green spaces, so we’re always excited to hear about new efforts to nurture the ecosystem. And now volunteers have planted hundreds of new mangrove saplings at Ras Al Khor Wildlife Sanctuary in a bid to […]
Roadworks for Dubai’s International City, Dragon Mart 83% complete
Dubai’s Roads and Transport Authority (RTA) announced that its Ras Al Khor Street Improvement and International City Entrances project is 83% complete, CWO reports. Ras Al Khor Street was formerly known as Al Awir Street, and the overall project is being implemented by RTA in collaboration with International City’s master developer, Nakheel. The scheme follows […]
Dubai’s new SmartAudit initiative allows the completion of real estate transactions on the same day
The new initiative enhances the efficiency of DLD’s departments and saves customer time and effort Dubai Land Department (DLD) recently announced the launch of the Smart Audit initiative that allows the completion of real estate transactions on the same day. This comes as part of its tireless efforts to develop and formulate modern 10X initiatives […]
Cost of living to decline in UAE on falling inflation, lower oil prices, strengthening dirham
Inflation in the UAE is expected to decline substantially from 3.3 per cent in 2018 to 1 per cent in 2019, Khaleej Times reports. Inflation in the UAE is set to decline substantially this year, lower oil prices, strengthening dirham against floating currencies and a fading out VAT impact, making the UAE more affordable in […]
Indians, Brits, Pakistanis top foreign investors in Dubai property in 2018
A total of 33,888 investments were made by 26,728 investors during the January-November period in Dubai’s realty industry. Dh62 billion investments made during January to November 2018 period, Khaleej Times reports. The Dubai real estate market continued to attract a strong inflow of foreign funds with Indians, British, Pakistanis and Jordanians accounting for nearly one-third of […]
Dubai plans an e-commerce free trade zone offering foreign firms 100 percent ownership
Dubai is already the headquarters of the region’s largest e-commerce company, Souq.com, which was bought by Amazon in 2017. It is also home to noon.com, a popular online shopping site. Foreigners operating outside of free trade zones in Dubai and the wider United Arab Emirates can usually only hold a maximum 49 percent stake, with […]