The developer of one of the most ambitious projects on Dubai’s The World Islands, will finally be handing over the long-awaited private villas and beach palaces to investors before the end of the year. Some 2,000 units in the Phase I of the $5 billion Heart of Europe, an ultra-luxury man-made island destination that will showcase floating homes, as well as the Middle East version of the […]
DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]
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 […]
The HSBC Inclusion Project will help develop and enhance the future skills and employability of a cohort of People of Determination, in collaboration with Mawaheb, a Dubai-based art studio for adults with special needs. The project – which will launch on 3 December 2020, International Day of Persons with Disabilities – will train and accredit 45 students in three different courses over six months. The participants will […]
“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 […]
Sat 28-11-2020 16:35 PM abu dhabi, 28th November 2020 (WAM) – The Official 49th UAE National Day celebration, which is set to be a dramatic live production entitled ‘Seeds of the Union’, will be exclusively screened at VOX Cinemas across the UAE for free on 2 December. Viewers will now have the opportunity to come together with loved ones and watch the show in state-of-the-art theatres at […]
43 percent of Savvy Commuters feel that they receive plenty of mental space when commuting 40% of Singaporeans feel that their city infrastructure is becoming more strained every year Technology expected to play an instrumental role in enhancing commuter experience SINGAPORE – Media OutReach – 26 November 2020 – Ericsson‘s latest ConsumerLab report explores commuter behavior both before and during the COVID-19 crisis, reflecting consumers’ opinions and habits that could […]
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 […]
Laws for drug abuse and treatment are often stringent in the Middle East, but the United Arab Emirates (UAE) has recently expanded its treatment options as a way of helping those who need it. But should you travel here for care or consider another opportunity instead? Treatment Is the New UAE Drug Addiction Management Method Over the years, the UAE has created a comprehensive and understanding system for […]
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 […]
By Saifur Rahman Emirates Group, which operates Emirates Airline — the world’s largest carrier of international passengers – reported a US$3.8 billion (Dh14.1 billion) loss in the first half of its 2020-21 financial year starting April 1 to September 30, 2020, with a 74 percent fall in revenues to US$3.7 billion (Dh13.7 billion), down from US$ 14.5 billion (Dh53.3 billion) during the same period last year, due to […]
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 […]
