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Dubai

Sunday, 18 December 2016 – Today, Phidar Advisory released its Dubai residential research note with November data, which is now reported using a 3-month moving average. The report shows that residential rents continue to decline and projects further declines. “The risk in the residential market remains on the downside,” said Jesse Downs, Managing Director of Phidar Advisory. “Weak investment demand and softening rents will push rates down […]

BP cemented its 77-year relationship with Abu Dhabi by swapping about $2.2 billion of its own shares for a stake in one of the emirate’s largest onshore oil concessions. The U.K.’s second-biggest oil group will issue new ordinary shares to pay for 10 percent of the Abu Dhabi Company for Onshore Petroleum Operations Ltd., giving the emirate a 2 percent holding in BP, the London-based company said […]

DUBAI // A man who consumed hashish he took from an American tourist and was convicted of possessing other drugs will serve two years in prison instead of four, the appeals court ruled. The Emirati was sentenced to four years for using hashish and possession of 92 tablets that included amphetamine, procyclidine, zolpidem and prazolam. The 25-year-old was arrested at his home on the evening of October […]

It’s been a big month in theme parks in the UAE, with the official opening of Dubai Parks & Resorts in Dubai Sunday, news that IMG Worlds of Adventure are opening yet another venue, Legends, and Miral announcing that SeaWorld is coming to Abu Dhabi. By the time the Expo comes to the UAE in the year 2020, almost every popular movie and animation brand you can […]

DUBAI Iran has shown commitment to the deal on its nuclear programme agreed with world powers, the head of the United Nations atomic energy watchdog said on Sunday, following complaints by Tehran over what it calls a U.S. violation of the accord. The White House said on Thursday that a bill extending U.S. sanctions against Iran for 10 years would become law without President Barack Obama’s signature, […]

Designer-to-the-stars Furne One, from the label Amato, rarely talks about his many achievements. Despite having found worldwide success dressing celebrities including Jennifer Lopez, Beyoncé and Katy Perry, the Dubai-based Filipino couturier’s reputation for being self-effacing precedes him. Seeking to shine a light on his talent is Los Angeles film producer, and founder of the Fashion News Lifestyle (FNL) network , Rocco Leo Gaglioti. His film, Inside Amato, […]

1 of 15 Fancy something fancy? We pay a visit to 14 of the city’s snazziest afternoon teas to scope out scones, sandwiches and smooth brews. 2 of 15 Al Fayrooz Lounge Rating: 4/5Most impressive item: Mango soufflé with blackcurrant sorbet.There’s a very traditional feel to this afternoon tea, with old-fashioned ceiling fans and a plush Arabesque lounge setting, but the tea itself has a modern twist; […]

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18 December 2016 Dubai: The Ministry of Finance (MoF) signed a Memorandum of Understanding (MoU) with Dubai Islamic Economy Development Centre to exchange experiences and coordinate on matters related to the strategic plan for ‘Dubai the Capital of Islamic Economy 2017-2021’, in order to strengthen the UAE’s position and enhance the Emirate of Dubai as the capital of the Islamic economy. The Dubai Islamic Economy Development Center […]

DUBAI // From building a steel bridge to link two towers to selecting glazing to prevent solar heat from damaging the glass facade, construction on The Opus has been a learning experience for engineers and architects alike. Consultancy Koltay Facades realised that the Sun’s intense rays could bounce off a curved surface on one side of the inner void and reflect on to the opposite side. The […]

‘Tis the season to be jolly, so get into the festive spirit with a shopping spree at the winter markets that are popping up, offering plenty of gift ideas at their stalls, plus a chance to sample world cuisine and enjoy fun family activities. We pick out some of the best markets to visit. Winter Village Abu Dhabi Mall Santa and his elves will stop by the […]

Settling into an interview with Marwan Bin Jassim Al Sarkal, the man in charge of luring foreign investors to Sharjah, it becomes evident that both tensions and ties bond the emirate with neighbouring Dubai. On the one hand Sharjah is cast into the shadows, often overlooked by businesses and visitors. On the other hand, the bigger brother’s international standing is helping the emirate of 1.5 million people […]

DUBAI Iranian Supreme Leader Ayatollah Ali Khamenei condemned Britain on Saturday as a “source of evil and misery” for the Middle East after British Prime Minister Theresa May called Iran a regional threat. “Shamelessly, the British have recently called … Iran a threat to the region, but everyone knows that … it is the British who have always been the source of threats, corruption and misery,” the […]

Your daily guide to community and cultural activities across the Emirates for December 18, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Abu Dhabi Festival tickets Buy tickets for the Abu Dhabi Festival, which runs from March 14 to 31 and features artists across a variety of genres and nationalities, opening with Saudi singer Mohamed Abdo. […]

DUBAI Iran has requested a meeting of a commission overseeing the implementation of its 2015 nuclear deal with world powers, Iranian state media reported on Saturday, in response to what Tehran calls a U.S. violation of the agreement. Iranian Foreign Minister Mohammad Javad Zarif asked for the meeting in a letter to European Union foreign policy chief Federica Mogherini, Iran’s official news agency IRNA said. The White […]

DUBAI // Young footballers dreaming of playing in one of the best leagues in the world are edging closer to achieving their ambitions as trials backed by telecom firm du and Spain’s La Liga move to the next level of selection. The partnership between the home of footballing legends Lionel Messi and Cristiano Ronaldo, and the duFC International scouting programme offers an opportunity for talented youngsters to […]

Designer-to-the-stars Furne One, from the label Amato, rarely talks about his many achievements. Despite having found worldwide success dressing celebrities including Jennifer Lopez, Beyoncé and Katy Perry, the Dubai-based Filipino couturier’s reputation for being self-effacing precedes him. Seeking to shine a light on his talent is Los Angeles film producer, and founder of the Fashion News Live (FNL) network, Rocco Leo Gaglioti. His film, Inside Amato, had […]

To do otherwise, he said, would have required the United States to be “all in and willing to take over Syria.” Continue reading the main story The recent developments in the Syrian conflict send a message to autocratic leaders in the region and elsewhere that force works — and brings few consequences, said Maha Yahya, the director of the Carnegie Middle East Center in Beirut. The lesson […]

Dubai, 15 December 2016 At the end of October the new cryptocurrency Zcash was launched. It is positioned by its creators as a more secure alternative to Bitcoin. Soon after the launch, the price of Zcash coins skyrocketed, followed by a spike in the installation of the application used to generate Zcash on personal computers. In many of these cases, the app was disguised as something else […]

The biggest surprise in meeting the entrepreneur behind Gulf meat eateries such as B+F Burger Boutique and Slider Station is learning that he is a recent adopter of veganism. Basil Al Salem — king of the juicy steak shawarmas on offer at Nomad Kitchen and the Coca-Cola-braised short ribs served up at Slider Station — went vegan earlier this year. But this does not mean that he […]

DUBAI // A group of ­adventurers travelling the world by car, motorcycle and bicycle have said the UAE’s peace and security made it a popular destination for tourists. During a stop in Dubai, four travellers made camp in Mushrif park for the 5th Dubai Traveller’s Festival. Leonhard Salwey, who left his home in Germany seven months ago to explore the world on his bicycle, thought the event […]

Your daily guide to community and cultural activities across the Emirates for December 17, 2016, including performances, festivals, art exhibitions, film screenings, health and fitness events, talks, classes, workshops and family fun. newslide Nationwide New movie Collateral Beauty stars Will Smith as Howard Inlet, a successful New York advertising executive, who has suffered a tragedy and retreats from life, spending his time writing letters to Love, Time […]

AED 141 million project featuring 272 studio units and 72 1-BR apartments to be completed in 2019 December 15, 2016 Sweet Homes Group, one of the UAE’s premier property Master Developer, has revealed the launch of the company’s first hotel apartment project in Ajman. The announcement was made during the company’s participation in the Ajman Real Estate Conference 1, an event organized by the Real Estate Regulatory […]

ABU DHABI // Leaders of the UAE congratulated King Hamad bin Isa Al Khalifa and his people on Bahrain’s national day. President Sheikh Khalifa sent a congratulatory cable to King Hamad, while similar greetings were sent by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, Sheikh Mohammed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, and the Rulers […]

Real estate investment made easy as 1,2,3; lucrative rental yields await investors Dubai, United Arab Emirates – 15 December 2016 DAMAC Properties, one of the leading luxury real estate developers in the region, today announced the launch of MOD, a collection of townhouses in the heart of international golf community AKOYA Oxygen. The homes in this community, with a contemporary expression of luxury, are priced to be […]

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Just in:
Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction Vision for Gasoline-Powered Vehicles // Technology shares plunge as Nasdaq enters correction // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Dubai details five-year visa benefits for returning visitors // Beyond the exhibition floor: How robots, AI and networks are moving into the real world // OpenAI introduces GPT-6 Cyber with restricted security access // Kochi police detain two actors over bid to honey trap doctor // Millions Of Indians May Soon Be Deprived Of Government Assistance // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Ningbo Consensus on Collaborative Development released at 2026 Global Mayors Dialogue · Ningbo // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // TVM –Mangaluru Vande Bharat claims top spot // Oil and chip shares retreat after Democratic victories // Emaar approves Development buyout ahead of planned delisting // Microfinance case trouble for Vellappally // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // CM disputes Vijayan’s claims // Elephant calf on death line airlifted for treatment in Gujarat // UK air traffic outage inflicted £33m financial losses //