Dubai, Abu Dhabi Apartment Rents Fall in July

Dubai, Abu Dhabi Apartment Rents Fall in July






Dubai, Abu Dhabi Apartment Rents Fall in July $JJL Declines were recorded for all apartment unit sizes last month, according to Bayut.com Apartment rents in Dubai and Abu declined an average of 2 and 6% respectively in July from 1-H of the year, according to Bayut.com. In its monthly report, the property site said the […]






S&P Maintains Strong Abu Dhabi Ratings

S&P Maintains Strong Abu Dhabi Ratings






S&P Maintains Strong Abu Dhabi Ratings The agency affirmed its ‘AA’ long-term ratings for the emirate despite low Crude Oil prices  Ratings agency S&P has maintained its strong ratings for Abu Dhabi despite the impact of low Crude Oil prices on the Emirate’s economy. In its latest report, S&P affirmed its ‘AA’ long-term and ‘A-1+’ short-term […]






Solar Impulse 2 Completes Historic Round-the-World Flight

Solar Impulse 2 Completes Historic Round-the-World Flight






Solar Impulse 2 Completes Historic Round-the-World Flight The Zero-fuel plane landed in Abu Dhabi Tuesday morning, more than a year after setting off from the UAE capital Solar Impulse 2 has completed its round-the-world trip powered only by the Sun after landing at Abu Dhabi’s Al Bateen Airport Tuesday morning. The Zero-fuel aeroplane set off […]






New Magnetic ‘Zipping’ Cars Planned for Abu Dhabi

New Magnetic ‘Zipping’ Cars Planned for Abu Dhabi






New Magnetic ‘Zipping’ Cars Planned for Abu Dhabi Abu Dhabi’s Miral signs agreement with US-based skyTran for Yas Island Jet-like vehicles running on magnetic lines may soon be deployed in Abu Dhabi’s Yas Island, it was announced Wednesday. Miral, the company that manages Yas Island has signed an agreement with US-based skyTran, a NASA Space […]






Worst Behind Abu Dhabi as it Looks to Revive Guggenheim Plans

Worst Behind Abu Dhabi as it Looks to Revive Guggenheim Plans






Worst Behind Abu Dhabi as it Looks to Revive Guggenheim Plans The Chairman of the Emirate’s Department of Economic Development said he expected the plans to be revived amid positive economic growth predictions Abu Dhabi is expected to revive its plans for a Guggenheim Museum next year amid expectations of accelerated economic growth, according to […]






Dubai Headed to a Period of Accelerated Growth

Dubai Headed to a Period of Accelerated Growth






Dubai Headed to a Period of Accelerated Growth Dubai is weathering the Crude Oil-led economic slowdown afflicting its GCC neighbors and will enter a period of “rapid acceleration” in the buildup to the Expo 2020 trade fair, the International Monetary Fund says. Speaking to the media, the IMF’s mission chief for the UAE, Zeine Zeidane, […]






Four Seasons Hotel Abu Dhabi Opens

Four Seasons Hotel Abu Dhabi Opens






Four Seasons Hotel Abu Dhabi Opens The 200-Room hotel is located on Al Maryah Island The third Four Seasons in the United Arab Emirates (UAE), and 1st in Abu Dhabi, saw its 1st guests Thursday. Located on Al Maryah Island, the 200-room hotel adjoins the Abu Dhabi Global Market Square,  the UAE capital’s new international […]






Top Locations for Renting, Buying Property in Dubai & Abu Dhabi

Top Locations for Renting, Buying Property in Dubai & Abu Dhabi






Top Locations for Renting, Buying Property in Dubai & Abu Dhabi Despite price declines, yields remained high in both Emirates UAE real estate markets were stable in Q-1 of Y 2016 as major developers continued to launch mega projects, according to property site www.Bayut.com  The company said there were welcome signs of recovery in the […]






Warner Bros To Open Mega Theme Park In Abu Dhabi

Warner Bros To Open Mega Theme Park In Abu Dhabi






Warner Bros To Open Mega Theme Park In Abu Dhabi $TWX The $1-B park at Yas Island is scheduled to open in Y 2018 Abu Dhabi will soon open a new $1-B Warner Bros, a unit of Time Warner (NYSE:TWX) themed destination, it was announced Tuesday. Located on Yas Island, the development will include a […]