Shurooq unveils Dh1 billion tourism projects in Sharjah
Sharjah Investment and Development Authority, popularly known as Shurooq announced plans to start development works on major projects worth Dh1 ...
Country: United Arab Emirates
Dubai reaffirms 4.5% GDP target
Dubai is expected to achieve a 4.5 per cent growth in gross domestic product, or GDP, in 2012, it was ...
UAE’s Etisalat may allow foreign ownership
Emirates Telecommunications Corporation (Etisalat) will soon allow foreigners to own its shares, as per company officials. The Emirates Investment Council ...
UAE airports report double-digit traffic growth
Dubai International and Abu Dhabi International airports saw passenger traffic increase in the first half of the year as airlines ...
Dubai’s residential market shows positive growth
The residential market in Dubai continues to outperform the commercial office sector with average lease rates for apartments and villas ...
UAE 3rd most competitive economy in Middle East
The UAE ranks as the third most competitive economy in the region after Qatar and Saudi Arabia, according to the ...
UAE nuclear power project wins approval
The state company behind the United Arab Emirates’ first nuclear power plant said Monday it has received a green light ...
New law to boost confidence in Dubai's real estate market
Dubai's real estate sector, currently ranked as the most transparent market in the Middle East North Africa region, is on ...
UAE Central Bank tells lenders to hold 10% of liabilities in liquid assets
The United Arab Emirates central bank is preparing local lenders for new Basel III banking supervision standards by requiring them ...
Abu Dhabi GDP soars 29.9% to Dh800b in 2011
Statistics Centre — Abu Dhabi, or Scad, said Abu Dhabi’s gross domestic production, or GDP, at current prices grew by ...
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