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10:17:34 AM , 24 Jul 2014


Dubai real estate transactions for first half 2014 top AED 113bn (23 July 2014)
Dubai Land Department has announced that the total amount of real estate transactions recorded in the emirate for the first six months of 2014 exceeded AED 113 billion.

Deyaar registers a record 129% increase in consolidated net profits for Q2 2014 (23 July 2014)
Deyaar Development PJSC reported a consolidated net profit of AED62.5 million for the second quarter ended June 30, 2014.

Mumbai Joins Flydubai’s Growing Network (23 July 2014)
Dubai-based flydubai today announced the launch of flights to Mumbai, bringing the total number of destinations served by the carrier in India to seven,with 25 flights a week.

RTA Chalks Out Traffic Management Plan During Eid Al-Fitr Holidays (23 July 2014)
The Roads and Transport Authority (RTA) has drawn a comprehensive plan for traffic movement and public transport services as part of preparations for the forthcoming Eid al-Fitr holidays so as to deliver top quality services that fulfill the needs of the public and road users and enable them to use.

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As the global financial crisis continues to grip the world’s most advanced economies, the UAE holds prime position - amongst a handful of nations, the Middle East giant stands well positioned for growth, boasting an optimistic business community and robust investment opportunities.


UAE to issue bonds by 2018

The UAE will look to help its banks meet liquidity requirements by issuing Federal Government bonds, possibly by 2018, according to an official at the Finance Ministry. In an attempt to comply with Basel III requirements, UAE banks, such as Emirates NBD and the National Bank of Abu Dhabi, will be encouraged to buy some of the dirham-dominated debt.


A Preview of the New Four Seasons Resort Dubai at Jumeirah Beach

Sweeping into the palm-lined drive after a remarkably brief ride from Dubai International Airport, the first thing guests will notice are eight ancient olive trees, evoking a Mediterranean vibe and perhaps hinting at the pleasures of the palate to come. Entering the palatial lobby with its dazzling view of the sea here in one of the world's most exciting cities, the moment all but says aloud, you have arrived.

Global Innovation Index 2014

The UAE ranked first among the countries of the Middle East in terms of overall performance in the 2014 Global Innovation Index, published by Cornell University and the European Institute for Business Administration INSEAD and the World Intellectual Property Organization. du hosted the Middle East and North Africa launch conference of the 2014 Global Innovation Index in the United Arab Emirates, in the presence of His Excellency Mohammed Al Gergawi, Minister of State for Cabinet Affairs, who delivered the opening speech of the conference.


Dubai real estate market delivers positive performance in Q2 2014

The Dubai real estate market maintained its positive performance in Q2 2014, according to Dubai Real Estate Overview issued by JLL, the world's leading real estate investment and advisory firm.The second quarter (Q2 2014) report provides the consultancy's perspective on the latest trends in the office, residential, retail and hotel sectors in the Dubai market.


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