News archive

11 Apr 2019

Almost 10,000 new jobs created thanks to newly issued licenses

Dubai: According to the Department of Economic Development (DED), a total of 2,459 new business licenses have been issued in March 2019 – an increase of 35.4% compared to the same month last year or increase of 13.4% from February 2019...

25 Feb 2019

Dubai eyes the status of the most visited city in the world by 2022

Dubai has marked a new high in tourist arrivals last year on the back of its traditional markets, led by India, Saudi Arabia and the UK...

28 Jan 2019

Want to get a free, 3-year DMCC trade licence and resident visa? Buy a flat!

The largest real estate developer in the UAE, Emaar Properties (Burj Khalifa being the company’s most famous project), in partnership with the Dubai Multi Commodities Centre (DMCC), has launched a new development project in Dubai Hills Estate...

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...