$MA Dubai leads Mastercard’s index that measures per person per day spending New statistics released from Mastercard (NYSE:MA) reveal visitors on average spend more per day in Dubai than anywhere else. The data from Mastercard’s Global Destination Cities Index (GDCI) shows visitors spent an average of $553 per person per day in the emirate, far […]
Bangkok ranked first in 2018 for the fourth straight year as the city with the most international visitors, according to an annual report by Mastercard released Wednesday. With almost 23 million international visitors last year, the Thai capital outpaced both Paris and London, which were second and third with just over 19 million visitors. Other […]
$XAU The high prices are luring Africans into prospecting for gold. Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates(UAE) a gateway to markets in Europe, the United States and beyond. Customs data shows that the UAE imported $15.1-B worth of gold from Africa in […]
Sweetened beverages, sugary drinks and electronic smoking devices will be added into a list of excise taxable products by the United Arab Emirates (UAE). Effective January 1st of next year, the move will be cutting the use of harmful products and adjust the behaviors of clients, a cabinet general secretariat statement assured. The UAE is […]
Dubai welcomed 8.36 million international overnight visitors in the first six months (January-June) of 2019, posting a positive three percent in tourism volume growth compared to the same period last year, according to the latest data released by Dubai’s Department of Tourism and Commerce Marketing, Dubai Tourism. The new figures reinforce the continued strength of […]
The Dubai Police have rubbished rumours about waiving traffic fines. After a photo of a message received by a Saudi visitor from the department went viral on social media. The message suggested that the man was involved in a speeding violation, but wasn’t fined. According to 24.ae, Colonel Faisal Issa Al Qassim, director of the […]
More than 20,000 travellers have already passed through Dubai International Airport without having to show their passports – since the Smart Tunnel was launched in October last year. Currently available for business and first-class travellers at Terminal 3 of Dubai International Airport, the high-tech service allows for a seamless immigration clearance in one single step. […]
How land reclamation projects have impacted the value of real estate in the UAE In an era where almost anything seems possible we seem to be faced with two unique issues, each of which are moving in diverging directions. The first is due to the effects of climate change which are forcing people to have […]
All during the year, temperatures can fluctuate with regularity. The Big Q: Are there places untouched by the highs and lows of weather? The Big A: Yes. Check out these Sunny destinations where it is Summer all of the time. Costa Rica With an average low temperature of around 78° F (26° C), Costa Rica […]
Rising temperatures can strip places of their populations in June, July and August. But, if they are on your must visit list, they are still worth going to visit. Here are 8 touristy destinations that clear out in the Summer. Paris, France The long standing tradition of Juillettistes and Aoûtiens or those who take their […]
FLASH: The glitz and glamour of the UAE is synonymous with their love of luxury, and specifically Gold. Dubai holds the largest Gold market in the world dubbed the “Gold City”, with over 350 vendors and jewelry traders. Other unique Gold experiences in the region include the world’s first vending machine dispensing 10-gram Gold bars […]
Discovering a new cuisine is super, but some restaurants take dining to new heights. From cliff-side caves to steel skyscrapers, these sky-high restaurants around the world are really memorable. Here are some breathtaking experiences you do not want to miss, as follows: Soneva Kiri Resort Koh Kood, Thailand On Koh Kood, Thailand’s 5th largest least […]
By Aarti Nagraj Dubai’s Global Village recorded its “biggest-ever” season, receiving more than 7 million visitors during its 166 days in operation, it revealed this week The figure marks an increase of 16% over the prior season, a statement said. Here it is in pictures! The cultural destination, which closed on 13 April for the […]
FLASH: This massive desert conservation project covers 10% of Dubai’s total area. With massive desert landscapes as well as huge stretches of man-made lakes, the Al Marmoom conservation reserve in Dubai is now being touted as the emirate’s next big tourism destination. Unveiled last year by the UAE’s Vice President and Prime Minister and Dubai’s […]
FLASH: Networking, dealmaking or just plain schmoozing miX is where to head in Dubai with your associates 21 Michelin Star chef, Alain Ducasse, held out for a long time before opening an outpost in Dubai. And the wait seems well worth it – he’s opened a glittering 400-seater restaurant in Dubai in the recently inaugurated […]
• · DUBAI WORLD CUP: Dabster In, Gift Box Out • · DUBAI TURF: Almond Eye Sharpens Focus • · DUBAI GOLDEN SHAHEEN: Promises Fulfilled into the Fray • · AL QUOZ SPRINT: Brave Smash a Serious Player DABSTER IN, GIFT BOX OUT With shipping protocols and other such logistics coming into play, the world’s […]
As the heat starts to turn up for the world’s richest ($35 million) race meeting in the Dubai World Cup night three weeks from now, Super Saturday at Meydan Racecourse is set to stage a top-quality dress rehearsal, including a pair of Group 1 affairs and a total of seven stakes worth $2.65 million. Each […]
FLASH: The strategy includes 9 initiatives and 33 projects that will see the collaboration of several government entities Dubai has launched a new ‘Silk Road’ strategy that seeks to establish the Emirate as a global trade and logistics hub, it was announced Saturday. The strategy, approved by Dubai’s Crown Prince Sheikh Hamdan bin Mohammed bin […]
$RACE The United Arab Emirates (UAE) is very well regarded for its glitzy nightlife and luxury shopping, yet it can now lay claim to something really exciting, at least for people like me. Dubai may be home to the greatest architecture of the modern age including the world’s tallest chocolate sculpture, but tucked away out […]
Thursday’s sixth meeting of the 2019 Dubai World Cup Carnival at Meydan Racecourse was highlighted by the Group 2 $450,000 Al Maktoum Challenge Round 2 sponsored by Al Naboodah Allied Products Division over 1900m on the dirt and boasting a purse of $450,000. Also on tap was the classic Group 3 $250,000 UAE 2000 Guineas, […]
Racing at Meydan on Saturday, a seven-race card, is highlighted by a turf handicap over 1800m, the Healthpoint Better Together Cup. Sixteen are declared, the maximum allowed, headed by a trio already in possession of handicap mark sufficient to make them eligible for races at the Dubai World Cup Carnival. Trained by Sandeep Jadhav and […]
A host of global Thoroughbred racing stars have been nominated for the Dubai World Cup card at Meydan Racecourse. Created in 1996 as part of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai’s a long-term vision for racing, the nine-race meeting is scheduled […]
The luxury tower, which rises 240 metres tall, will include a 289-room St. Regis hotel and 432 residences Work is progressing at the Dhs1.2bn Palm Tower, the 52-story tower that is set to open this year in Dubai’s Palm Jumeirah. The luxury tower, which rises 240 metres tall, will include a 289-room St. Regis hotel, […]
• · Chris Waller Makes Dubai Debut with COMIN’ THROUGH • · DEAUVILLE Gets Do-Over in Rashidiya • · WITHOUT PAROLE Eyes Dubai Turf • · RAVEN’S CORNER to Skip Shindagha • · McPeek, Hit the Bid and Asmussen CHRIS WALLER MAKES DUBAI DEBUT WITH COMIN’ THROUGH Arguably the best card thus far of the […]
Fireworks are with us a many major events world wide, they signify excitement and celebration. Here are some of the world’s best fireworks displays going off on New Year’s Eve. Reykjavík, Iceland For Midnight Fireworks You will hardly notice the cold or the just 5 hours of daylight when you celebrate with new friends and […]
During the Christmas season here, many people attended Christmas themed activities in Dubai With the Christmas season just around the corner, why not start having a look at the Christmas themed activities coming to Dubai this Winter 1. Habtoor Palace Christmas Market The Habtoor palace hotel is hosted a festive Christmas market from 4 to […]
Planning a Vacation in 2019, Consider These Super Destinations When planning a vacation in Y 2019, consider some destinations that are not overly traveled. Experience the South Africa, ancient Cambodia or holiday in Dubai, the City of the Future. Forget the chaos of London and Paris and check out these destinations for your Y 2019 […]
Ferrari (NYSE:RACE): 1 of 9 599 GTZ Nibbio Zagato’s Comes to Market $RACE Just 9 of these Supercars were built, but this is the only example in the world fitted with a 6-speed manual transmission. Ferrari (NYSE:RACE) has produced some spectacular 1-off and Limited Edition Supercars over the years. Most recently, the iconic Italian automaker unveiled […]
In These Places It Is Summer 12 Months a Year Sweeping cold fronts, freezing rain and the 1st snowfalls of the year are hitting destinations across the Northern Hemisphere, and the idea of escaping to a warmer front is on many peoples minds. And Yes there are lovely places untouched by these falling temperature. Now, […]
Big Money on Offer at Dubai World Cup Carnival The 15th Dubai World Cup Carnival will be one of historic proportions in 2019, with record purses during the course of its 10 meetings at Meydan Racecourse in Dubai, United Arab Emirates. Prize money will be boosted 12%, totalling US $12,670,000, and the Dubai World Carnival […]
Nakheel Profit Falls in Dubai Nakheel, a property developer based in Dubai, today announced a net profit of AED2.51 billion for the first six months of 2018. The profit for the same period in 2017 was AED2.61 billion. ”Nakheel handed over 451 units to customers in the first six months of the year. The company’s […]
Sheikh Mohammed: “Arab Region Has Too Many Politicians” Political discourse in the Arab world is a “waste of time and a corruption of ethics”, says Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Prime Minister and Vice President, has spoken out against the mismanagement of resources in the Arab world, criticising politicians for […]
Dubai World Cup prize money to $35 million On March 30, 2019, the Dubai World Cup meeting is set to enhance its status as the world’s richest day of horseracing. Total purses for the card, which will feature six Group 1 and three Group 2 fixtures, will increase from US $30 million to $35 million. […]
Dubai Police Recover Rare $20-M Stolen Blue Diamond Dubai police say they’ve recovered a rare $20-M blue diamond that was stolen from a city company’s vault and smuggled to Sri Lanka inside a pair of sneakers in a shoebox. Police said Thursday a guard with the money transfer company secreted the diamond out of the […]
The GCC is Seeing a Resurgence in Real Estate $JLL With diversification plans taking shape, 10–year visas on the horizon and Crude Oil prices holding firm, investor sentiment has increased again in the GCC’s property market The resilience of the GCC’s real estate market has proven itself yet again this year, having weathered several stifling […]
The UAE and China have agreed to enhance cooperation in all fields to higher levels and forge overall strategic partnerships, which would contribute to cementing and intensifying cooperation, boost joint development and prosperity, which is consistent with the common interest of both countries and their peoples. The two countries in a joint statement issued today […]
Banyan Tree Residences Coming to Dubai Asian HQ’d hotel and spa star, Banyan Tree, has begun construction of its brand of residences in Dubai Checking in to a %-star hotel is easy, checking out, not so much. The Big Q: What if you did not have to checkout permanently? Enter the realm of branded residences. […]
Dubai FDI, the investment development agency of the Department of Economic Development, DED, has revealed the continuing expansion of enhanced services for its “Aftercare” initiative, a quality-focussed programme aimed at attracting more foreign direct investments, FDI, into the emirate. The programme was developed by Dubai FDI as a means to further enhance the investor’s journey […]
Dubai Leads World on Cryptocurrency Development Dubai International Digital Asset Exchange, or DBEX, today announced the completion of a pre-A round of investment from 19 leading global and Chinese investors including Sino-Burmese Fund, Hanfor Capital Management and Shangshan Wealth and Investment. The pre-A round investment is worth hundreds of millions of RMB. It is one […]
Dubai Real Estate Report Dubai Land Department (DLD) has revealed that real estate transactions in the emirate for the first half of 2018 reached AED111 billion, reaffirming Dubai market’s attractiveness and ability to compete with global investment destinations. The strengths portrayed by Dubai’s real estate investments underscore the leadership’s mandate to ease business processes and […]
Founded in 2002 by Arif Naqvi, Abraaj has around $14 billion under management, with the majority invested in projects in Asia and Africa. Healthcare has been an increasing part of their portfolio, including a network of private hospitals in Hyderabad, India and the Islamabad Diagnostic Centre. In 2016, they allocated $545 million to acquire hospitals […]
Dubai Getting Ahead of “the Cryptocurrency Game” $BTC, $ETH, $CME, $CBOT The Big Qs are: How seriously should we take the rise of cryptocurrency? Is it a serious rival to traditional currency? Should businesses consider using cryptocurrency? What do they need to do to implement it? Is enough being done to educate individuals and businesses […]
Knightsbridge are excited about the record fixture list for the 2018-19 UAE racing season that has been approved by His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of Emirates Racing Authority (ERA). The season will offer an unprecedented 67 race dates, five more […]
London’s The Arts Club to Open in Dubai The Arts Club will be located in the $1-B ICD Brookfield development in Dubai International Financial Centre London’s private The Arts Club is to open its 1st overseas location in Dubai next year. The club, spanning 64,000sqft, will be located in the $1bn ICD Brookfield development in […]
Parc Fermé, Dubai’s Supercar Storage Facility Parc Fermé is a 1-stop automotive hotel and spa for car lovers in the region Inside an industrial area in Dubai lies a nondescript warehouse. Actually, it’s a series of internally linked warehouses but the facade is as bland and grey as the multitude of identical bland and […]
Dubai Offers 1st Look Inside QE2 Hotel The world famous ocean liner is being converted into a luxury hotel and museum Social media users have been offered a 1st glimpse inside the world world famous Queen Elizabeth II (QE2) ocean liner as it undergoes a multi-million-dollar conversion into a hotel. The ship had been thought […]
Decoding ICOs, What They Mean Here are some details relevant to the growing popularity of ICOs (initial coin offerings) It seems that we are living in a global news cycle dominated by stories revolving around blockchain and cryptocurrency, and the GCC region is no different. Dubai has announced plans towards becoming the 1st blockchain-powered government in […]
Dubai World Cup 2018 drew participation of 118 horses from across the world, including the host UAE, United States, Canada, Great Britain, France, Ireland, China and Japan. More than 60,000 fans of horse racing also watched the event. Dubai World Cup has become one of the highly important cultural and sporting events in the UAE. […]
Thunder Snow Wins Dubai World Cup Saeed bin Suroor has dominated the Dubai World Cup Sponsored by Emirates Airline like no other trainer and won the US $10 million feature for a stunning eighth time with the Christophe Soumillon-ridden Thunder Snow. The winner of the UAE Derby on this card 12 months ago was smartly […]
Christie’s Dubai Watch Auction “It’s very clear there’s an appetite for watches across the region,” Friday, Patek Philippe watch made for King Farouk of Egypt in Y 1944 sold to an unidentified buyer for $912,500 at Christie’s in Dubai Friday, a record sum for a timepiece auctioned in the Middle East The 18-carat gold Patek Philippe Ref. […]
Latest on the Dubai World Cup 2018 Talismanic is Not Just a Pretty Face French handler Andre Fabre, who is hoping that Talismanic can provide him with a victory in the Dubai World… Talismanic is Not Just a Pretty Face French handler Andre Fabre, who is hoping that Talismanic can provide him with a victory […]
$2 million Dubai Golden Shaheen Sponsored By Gulf News (G1) Jordan Sport – Had a gentle workout at trainer Fawzi Nass’s base at Desert Stables in Al Quoz. Mind Your Biscuits – A day after working a spirited half mile, last year’s winner Mind Your Biscuits bucked the US trend of staying in the barn […]
World Famous Ocean Liner, QE2 Moved to Dubai’s Drydocks for Conversion The ship is set to reopen as a hotel more than a decade after being acquired by a Dubai investment firm. The world famous Queen Elizabeth II (aka QE2) liner has been moved to Dubai’s Drydocks World as it undergoes a conversion into a […]
Dubai World Cup Latest News DUBAI WORLD CUP: Pavel Full of Promise; DUBAI SHEEMA CLASSIC: Garlingari Gets Green Light; DUBAI TURF: Vivlos Revving Up • DUBAI WORLD CUP: Pavel Full of Promise • DUBAI SHEEMA CLASSIC: Garlingari Gets Green Light • DUBAI TURF: Vivlos Revving Up • DUBAI GOLDEN SHAHEEN: X Y Jet Back Flying […]
World Famous QE2 to Opening as a Dubai Hotel The legendary luxury ocean liner has had a complicated history since being acquired by Dubai World unit Istithmar for $100-M in Y 2007 The world famous Queen Elizabeth II (QE2) liner is just months away from opening as a hotel in Dubai more than 10 years […]
Winter Lightning wins the UAE 1,000 Guineas Three-year-old filly Winter Lightning continued her impressive start to the 2018 Dubai World Cup Carnival with an excellent victory in the Listed UAE 1,000 Guineas over a mile on dirt at Meydan, UAE, on Thursday, 8 February. The daughter of Shamardal, a half-sister to Thunder Snow and representing […]
Thunder Snow Proves Himself a Versatile Champion in Meydan Thunder Snow stayed on strongly to win the G2 Al Maktoum Challenge Round Two over an extended nine furlongs at Meydan, UAE, on Thursday, 8 February, sired by Helmet (AUS) the horse is establishing himself as a champion on dirt and turf. The four-year-old, trained by […]
Dubai World Cup Carnival Update Racing at Meydan Racecourse on Saturday was highlighted by an impressive performance by promising 3-year-old Yulong Warrior, as well as the Zayed Sports City Trophy, an ultra-competitive 1400m turf handicap, and it did not disappoint with three runners in a line with just 50m remaining before Ejaaby swept clear to […]
Dubai World Cup Carnival News Talismanic On Target for Dubai World Cup; Ertijaal Sharp at Seven; Championship Ready to Defend His Fort • Talismanic On Target for Dubai World Cup • Championship Ready to Defend His Fort • Ertijaal Sharp at Seven • D B Pin Eyes Shaheen; Classic Emperor to Handicap • Improving Janszoon […]
Talismatic Takes Aim at Dubai World Cup By J A McGrath at Godolphin Talismanic, winner of the G1 Breeders’ Cup Turf at Del Mar, is set to be a major contender for Godolphin in the G1 Dubai World Cup at Meydan on Saturday, 31 March. Trainer Andre Fabre took a decision soon after the popular […]
Godolphin sends out a powerful team for the second fixture of the 2018 Dubai World Cup Carnival, with last year’s G1 Dubai Golden Shaheen runner-up Comicas among 18 runners at Meydan, UAE, on Thursday, 18 January. Five-year-old Comicas (Charlie Appleby/William Buick, drawn five) races on dirt for the six-furlong G3 Dubawi Stakes having thrived over […]
Saeed bin Suroor Top 5 for Dubai World Cup Carnival Thunder Snow We gave Thunder Snow a good break after his last run on Champions Day at Ascot in October, when the ground was very soft. He has been working well out in Dubai and looks to be in good form ahead of R1 of […]
World’s New Tallest Hotel to Open in Dubai The Emirate already holds the record for the world’s tallest hotel with the JW Marriott Marquis Dubai will become the home of the world’s new tallest hotel in the coming weeks as the Gevora prepares to opens its doors. The emirate already held the record for the […]
Meydan Group has released the list of horses accepted for the 2018 Dubai World Cup Carnival, which gets underway at Meydan Racecourse on Thursday January 11, 2018. The list features 132 accepted horses with the intention to ship from 15 countries, including 14 Group 1 winners from many points of the globe. Several international stars […]
A UAE newspaper has said that the New Year’s Day will bring many things. Well-wishers and revellers will gather at tourist spots and significant sites around the UAE to mark the arrival of 2018 with a bang, as they come together to watch one of the official fireworks displays. In an editorial on Sunday, The […]
Meydan Racecourse hosts its fourth meeting of the new season Three weeks before the first night of the 2018 Dubai World Cup Carnival, Meydan Racecourse stages a meeting befitting of the international extravaganza, featuring a triad of Listed races for Thoroughbreds. The main highlight is The Entisar Sponsored By Al Tayer Motors over the same […]
Meydan Racing News: Charlie Appleby Comicas and Fly At Dawn return from time off as the UAE racing season steps up a gear at Meydan on Thursday, December 21. Both horses are trained by Charlie Appleby and ridden by William Buick, with Comicas lining up in the 12-runner Listed Garhoud Sprint over six furlongs on […]
The economy in Dubai has continued to grow at a fast pace in 2017 guided by a leadership that has its eye on the future and a government committed to the emirate’s sustainable development and global leadership, said Sami Al Qamzi, Director-General of Dubai Economy. “The growth is expected to continue unabated in the next […]
Dubai’s Safari Park Opens Free Entry for Next 2 Weeks Free entry is being offered to visitors for the next 2 weeks The $272.2-M Dubai Safari park has soft launched in anticipation of its official opening to the public in the next 2 weeks. The park, located over 119 hectares in Al Warqaa district opposite […]
Dubai Launches e-Commerce Freezone The project is being developed in the Umm Ramool area by DAFZA and wasl A new $740-M freezone dedicated to e-Commerce has been launched in Dubai, in a bid to attract more DFI (foreign investments) and further diversify the emirate’s economy. Called Dubai CommerCity, the project is being developed as a […]
Declaration of War Makes His Mark in Dubai The Sir Mark Prescott-trained On The Warpath (2c Declaration Of War-Elusive Pearl, by Medaglia d’Oro) could barely have won more easily when running away with a maiden in Britain this week. The first-crop Declaration Of War colt cruised clear of his opponents in the seven-furlong contest on […]
UAE Leaders’ Portraits Grace the Gates to the Financial Centre Dubai International Financial Centre’s iconic Gate building has been decorated with giant images of 2 UAE leaders. To mark the 46th National day on 2 December, the 50×20 metre images portray the Father of the Nation, the late Sheikh Zayed bin Sultan Al Nahyan, and […]
On the occasion of the UAE’s 46th National Day celebrations, the Emirates News Agency, WAM, has compiled a series of reports regarding the achievements of the state over the past year. In part nineteen, we look at the work in progress to ensure that EXPO 2020 will be a global success. On 15th January, 2017, […]
Global Cryptocurrency Crackdown Driving Search for Safe Havens $BTCUSD FLASH: Bitcoin’s price tapping at $10,000 each, currently trading at $9,914.4346, +182.86 or +1.88%. Confronted with national regulators’ scrutiny of digital currency fund-raising, known as ICOs (initial coin offerings), many entrepreneurs are moving businesses to locations neutral or more welcoming to cryptocurrencies and known for low […]
Changes to Dubai World Cup Carnival · Meydan Classic Turf Distance increased from 1400m to 1600m · Meydan Group releases the 2018 Dubai World Cup Carnival Programme of Races The Meydan Group is pleased to announce that three races in the 2018 Dubai World Cup Carnival programme have been upgraded, adding thunder to an already […]
Doug Watson Dominating UAE Race Cards Champion Trainer, Doug Watson, has his team in flying form and after four winners at Meydan on Thursday, saddled the 1-2 in the featured 2200m handicap, the only Thoroughbred race on the card, at Abu Dhabi on Sunday. In a desperately close finish, stable jockey, Pat Dobbs, who rode […]
Dubai’s Annual Innovation Showcase This year’s GITEX Technology Week proved to be a Key barometer of the Emirate’s progress in becoming a Digital Hub Again this year’s GITEX Technology Week in Dubai was a showcase of the latest and greatest innovations from the world over. Dubai Police drew international headlines with a hover-bike produced in […]
Dubai Economy is Still Growing Dubai’s economy is expected to grow by 3-4 percent in the 2017-2018, Hamad Buamim, President and CEO of Dubai Chamber of Commerce and Industry, said at a ‘Meet the CEO’ event organised by the Government of Dubai Media Office, GDMO, on Monday. He pointed out that 98 percent of Dubai’s […]
Dubai’s Bulgari Resort Hotel Opens in December $MAR The Bulgari Resort is located on an exclusive Seahorse-shaped island off of Jumeirah Road Dubai’s new Bulgari Resort, claimed to be the emirate’s most expensive hotel, will officially open to the public on 7 December, as part of a wider project under development by holding company Meraas. […]
Racing Season Begins in the UAE Quickly away under Paolo Sirigu, sporting the second colours of HH Sheikh Hamdan bin Rashid Al Maktoum, Kasb was the overall leader until just after halfway when headed by Riflescope, racing on the other side of the track. Sirigu’s mount found plenty for pressure though, regaining the initiative 200m […]
Changes for the 2018 Dubai World Cup Carnival · Meydan Classic Turf Distance increased from 1400m to 1600m · Meydan Group releases the 2018 Dubai World Cup Carnival Programme of Races The Meydan Group is pleased to announce that three races in the 2018 Dubai World Cup Carnival programme have been upgraded, adding thunder to […]
Dubai’s Ruler Launches New Internet of Things Strategy The strategy is set to be implemented over 4 consecutive phases in the coming 3 years. Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum has launched an Internet of Things (IoT) strategy and the Data Wealth initiative to boost its digital push. The Dubai IoT strategy seeks […]
On Hospitality: Rotana CEO Omer Kaddouri As Abu Dhabi hotel group Rotana celebrates its 25th Anniversary, Omer Kaddouri explains why the last have been the toughest yet When UAE hotel group Rotana opened its 1st property in Y 1993, a year after its founding, the Gulf hotel market was unrecognizable from the glittering towers and […]
La Mer, Meraas’ New Dubai Beachfront Project Opens Located at Jumeira 1, the development will feature retail and entertainment facilities. Dubai developer Meraas has confirmed that its beachfront development La Mer opened its 1st phase to the public on 15 October. Located at the Jumeira 1 – between Pearl Jumeira and Jumeira Bay, the development […]
The World’s Most Beautiful Diamonds Coming to Auction The 163-carat flawless emerald cut gem stone is largest of its kind ever to be put up for auction. An impressive flawless 163-carat diamond that has been hailed the “World’s Most Beautiful” will go under Christie’s hammer in Geneva, CH in November. Discovered in February 2016 in eastern […]
The GCC is in Tech Transformation Mode From less traffic congestion on roads to connected healthcare systems, smart cities are moving to revolutionize the way the region functions The GCC region has been witnessing transformation on an unprecedented scale in the last few years, with economic challenges and technological progress having a combined effect on […]
What to Expect at Gitex this Year The annual Gitex Technology Week at the Dubai World Trade Center reflects the region’s mounting emphasis on Digital Transformation Technology has become the buzzword in the Middle East in recent years, and with governments taking the lead in adopting new technologies, the sector is seeing unprecedented growth. One […]
Dubai’s RTA Raised $6.75-M in Licence Plate Auction 4 number plates were responsible for a significant percentage of the auction earnings Dubai’s Roads and Transport Authority (RTA) has raised Dhs24.8m ($6.75-M) in its latest licence plate auction. The 96th Edition of the auction, held last Saturday, saw 80 distinct plates go under the hammer. Of […]
Dubai Plans the World’s 1st Underwater Resort; The Floating Venice Arrive by seaplane, check-in at the underwater lobby and take a Venetian Gondola to your cabin before heading to a floating beach for a swim. Stunning images reveal plans to create a replica of Venice in the United Arab Emirates The Floating Venice will be […]
UAE’s Travel & Tourism Spend to Top $56-B by 2022 Tourism & Travel accounted for 12.1% of the UAE’s GDP in Y 2016 Spending within the UAE’s Travel & Tourism sector is expected to reach over $56-B in Y 2022 as new mega projects come to market, a new study conducted by the Dubai Chamber […]
Dubai’s DP World Unit, IGY Marinas to Build Superyacht Marina Project The project in France will offer 12 Superyacht berths for the world’s largest vessels Dubai port operator DP World’s subsidiary P&O Marinas and international marina operator and developer IGY Marinas have announced a new Superyacht marina project in the South of France. The project […]
Dubai Property: New Projects Flourish Property developers in Dubai showcased new multi-billion-dollar mega-projects on Monday despite falling prices, in the hope of stimulating demand and helping to end a three-year market downturn. Exhibitors at the three-day Cityscape Global showed off models of high-end skyscrapers and even “Floating Venice”, a resort complete with underwater suites. The […]
Dubai Property Market Sentiment Worse Than Last Year The Core Savills reveals that there were misconceptions about oversupply in the emirate but rents could continue to soften. Only about 33% of people in Dubai believe the Emirate’s property market has shown signs of recovery, indicating worse sentiment than last year, according to a survey by […]
Dubai’s New Tallest Tower is Taking Shape The $1-B mixed-use building will form the centerpiece of the 6 sqkm Dubai Creek Harbour The Tower at Dubai Creek Harbour, slated to become the new tallest tower in Dubai is now taking shape in the Emirate. Launched in April last year, the $1-B mixed-use building will form […]
2017-18 UAE Race Fixtures The fixture list for the 2017 – 2018 UAE racing season has been approved by His Highness Sheikh Mansour Bin Zayed Al Nahyan, Deputy Prime Minister of the UAE, Minister of Presidential Affairs and Chairman of Emirates Racing Authority (ERA). The ERA season will offer 62 race dates and opens at […]
Top 10 Nationalities of Real Estate Investors in Dubai Emiratis made the most number of transactions between January 2016 and June 2017 The Dubai Land Department (DLD) has revealed a list of the Top 10 nationalities of real estate investors in Dubai between January 2016 and the end of June 2017. Overall, people from 217 […]
Dubai’s Ruler Reveals Plan for $1.5-B Food Park The wholesale food hub will be located in Dubai Wholesale City Sheikh Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Dubai’s Ruler has unveiled the blueprint for the $1.5-B Dubai Food Park (DFP). Spread across over 48-M sqf within Dubai Wholesale City, the […]
Dubai’s Emirates Sponsors 2018 Ryder Cup The deal is a renewal of the carrier’s existing European Tour Agreement, which will run until Y 2021 Dubai airline Emirates has announced its sponsorship as an official partner of golf tournament the Y 2018 Ryder Cup. The deal is a renewal of the carrier’s existing European Tour Agreement, […]
Housing is The Top Consumer Spending Category in the UAE Among GCC countries, consumer spending per household in the UAE was highest during Y 2016 at $103,000 Consumer spending in the UAE is expected to exceed $261-B in Y 2021, compared to nearly $183-B in Y 2016, according to research released by the Dubai Chamber […]
Safest City in The World: Abu Dhabi Abu Dhabi has been named the safest city in the world by Numbeo, a website that curates and collates data to develop the world’s largest user-contributed database about cities and countries worldwide. With the lowest crime index of just 13.54 in the past six months, and the highest […]
