Share Tweet Share Share Email Six storey project started in February and ready well in advance of Expo 2020 Dubai opening in October, 2021 Construction work on Saudi Arabia’s 13,069sqm country pavilion at Expo 2020 Dubai has been completed, the country announced. The pavilion is said to be the second largest at the Expo site, with only the UAE pavilion being larger. Construction work on the pavilion […]
This remained a record-breaking month for secondary/ready villas/townhouses with 665 unit transfers 1013 villas/townhouses and a total of 2,031 apartments were transferred in October In October 2020, Dubai’s overall Index reached 1.092 Dubai, UAE – Dubai Land Department (DLD), in cooperation with Property Finder, has launched the seventh edition of Mo’asher, Dubai’s official sales price index. The base year for Mo’asher is 2012 and the base month […]
Arabian Post Staff The Financial Markets Tribunal (FMT) has upheld enforcement action taken by the Dubai Financial Services Authority (DFSA) against Dr Mubashir Ahmed Sheikh for serious misconduct including misleading and deceptive behaviour. Following a five-day hearing in April of this year, the FMT issued its decision on 20 October upholding the DFSA’s findings and imposing the following sanctions, which include a fine of $225,000; a direction […]
“We now turn our sights to next year’s event, which will take place at the Expo 2020 site. In what will become Dubai’s largest centralised hub for business, how we bridge and strengthen the public and private real estate sector will play a fundamental role for DLD, Cityscape, Dubai and the entire region.” The one-off edition offered a radical departure from the annual event’s normal format. Co-created […]
Sun 29-11-2020 16:12 PM RIYADH, 29th November, 2020 (WAM) — The Kingdom of Saudi Arabia Pavilion at Expo 2020 Dubai, which began construction in February 2019, announced today the close of construction and complete readiness for the landmark World Expo – the first in the Arab region – set to take place in October 2021. The iconic Kingdom of Saudi Arabia Pavilion will be second in size […]
Tourism-dependent islands badly impacted by more than 90% decline in passenger flights Supplementary COVID-19 supplies moved through Singapore and Fiji to reach the Pacific islands SINGAPORE – Media OutReach – 26 November 2020 – The far flung islands in the Pacific have not been spared the brunt of COVID-19. The World Health Organization has been working tirelessly to ensure much-needed supplies and healthcare equipment reach the shores of these islands. While the […]
Regardless of your budget or location, there are three choices when searching for a new home: buying a house, buying a condo, or renting. Each option comes with its own benefits, drawbacks, and price points. And though this choice largely comes down to preference, it’s good to know what to expect in each scenario, especially in terms of cost. Because no matter which route you take, moving […]
By James M. Dorsey Saudi Arabia has taken multiple steps to polish its tarnished image in advance of this weekend’s hosting of the virtual summit of the G20 that groups the world’s foremost economies and in anticipation of an incoming Biden administration in the United States that is expected to be critical of Riyadh and potentially more conciliatory towards Iran and non-violent Islamists. The initiatives target US and European […]
Arabian Post Staff Ras Al Khaimah International Airport is gearing up to receive the first commercial flights from Indian value carrier SpiceJet on November 26, 2020. The development signals a steady return to normal economic activity following the COVID-19 pandemic, spokespersons for the two operations said, noting that with SpiceJet’s connection to 28 destinations across the Indian sub-continent and RAK Airport’s position as an expanding travel and […]
By James M. Dorsey and Alessandro Arduino Public debates about China’s Middle East policy are as much internal Chinese discussions as they are indications of where Beijing’s thinking is going and efforts to nudge countries like Saudi Arabia and the United Arab Emirates to accommodate potential policy changes. Relying on scholars rather than officials, China is signalling to Gulf states adjustments they would have to make to […]
By James M. Dorsey Weakened by Joe Biden’s electoral defeat of US President Donald J. Trump, Israeli Prime Minister Binyamin Netanyahu risks being caught between a rock and a hard place as Jordan, the Palestine Authority and the United Arab Emirates manoeuvre for control of what is to Jews the Temple Mount and to Muslims the Haram ash-Sharif, the third most holy site in Islam. The rivalry […]
Arabian Post Staff DAMAC Properties Dubai Co. announced a net loss of AED 931 millon for the first nine months of 2020. Total revenue stood at AED 3.7 billion vs AED 2.8 billion in 9M 2019. Booked sales for the period stood at AED 1.6 billion vs AED 2.4 billion for the similar period last year. In the same period of the previous year, the company had […]
Arabian Post Staff DP World and Messe Frankfurt’s Hypermotion have announced a global partnership that will drive innovation and the use of digital technology in logistics and mobility. Hypermotion, as the multimodal innovation platform for smart solutions and future transport systems, brings together innovators, providers and users who set new standards for tomorrow’s logistics and mobility. With this announcement, DP World has become a global partner of […]
The UAE’s Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications recently announced at a conference that even though “remote working was seen as a luxury in the past and a gimmick”, it may be here to stay. But, although it’s easy for companies who work in digital to operate remotely, it isn’t as simple for companies in two of the UAE’s largest sectors: […]
