News archive

9 Sep 2018

14,000 new homes on Dubai's property market so far in 2018

Dubai Land Department (DLD) revealed that 47 realty projects were completed in the first eight months of this year, creating thousands of new homes in the emirate of Dubai...

3 Jun 2018

Dubai sees strong gains in foreign investments

Dubai is fast emerging as a top global destination for foreign direct investments (FDIs), especially in high-tech and new technologies sectors. According to the latest Dubai FDI Monitor annual report published on Sunday, the emirate attracted US$7.4 bn of inward FDI last year, a 7.1% increase from the previous year boosted by 367 investment projects from the UK, France, Austria, Saudi Arabia and the USA...

24 Apr 2017

World’s most expensive cities

Do you still think that Swiss cities are the most expensive ones to live in? Have a look at the latest survey by the Economist Intelligence Unit…

1 Feb 2017

UAE to grant visas on arrival to Russian citizens

The UAE will grant visas on arrival to Russian visitors following the approval of a cabinet decree by the Prime Minister, Vice President and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum...

7 Sep 2016

A one-bedroom flat in Dubai can now be owned for just slightly above $100,000

Sun & Sand Developers have finally launched an affordable housing project for those earning between...

26 Aug 2016

Dubai Opera: opening night nears

A boat-shaped hulk of steel and glass at the foot of Burj Khalifa, the world's tallest tower – Dubai Opera is all set for its opening on August 31 with a sold-out performance by the King of Opera, Spanish tenor Placido Domingo...

25 May 2016

London and Dubai named most important retail hubs

CBRE, the world’s leading commercial property advisor, has just published its 2016 edition of the “How Global is the Business of Retail?” report analysing the operational networks of 334 leading global retailers across 61 countries covering the vast majority of the world’s economy. According to this report, Dubai retained its position as the second world’s most important international shopping destination for the fifth consecutive year...

11 May 2016

Europe to axe the €500 “Bin Laden” note

The European Central Bank has said it will no longer produce €500 banknotes nicknamed the “Bin Laden” because of their association with money-laundering and terror financing...

19 Apr 2016

Domainers Meet in Dubai

YUP2 Events in association with World Domain Owners Association has announced GCC's first ever International Domain Industry Conference which will be held in Dubai...

24 Mar 2016

How much do the Swiss earn?

Every year, the Department of Economy and Labour of the Swiss canton of Zurich publishes the so-called "Book of Salaries" that contains information about the Swiss salaries in each canton for over 200 professions on about 800 pages. The size of remuneration is calculated depending on age, education, experience, and also the employer. For this reason, the figures provided in the book are given for informational purposes, and salaries are indicated before taxes. Who lives well in Switzerland?...