As the election cycle comes to a close, the committee hailed the unwavering support of the UAE leadership.
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Dubai: Have you seen your apartment rent go down by 10 per cent or more in the last 12 months? That’s the average rental drop in the Dubai residential property space during this period. This allows a tenant to lease a studio in Business Bay from Dh40,000, and at Dh35,000 and over if the location […]
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BEIJING: A partial US-China deal may only offer a temporary tariff reprieve because it lacks specifics and leaves the thorny issues for later, analysts said, allowing both economic powers to claim success. Friday’s initial agreement — which included increasing US farm product purchases, and also covers intellectual property, financial services and currencies — finally breaks […]
He was speaking with Arab broadcasters ahead of his first visit to Saudi Arabia and the UAE today and tomorrow.
Houston, New York, London: Rates to charter oil tankers from the Arabian Gulf, United Kingdom and the US Gulf Coast to Asia surged to fresh highs on Friday as global oil traders grappled with a tanker shortage in the aftermath of US sanctions on units of Chinese giant Cosco. Occidental Petroleum Corp tentatively chartered a […]
Dubai CommerCity is a joint venture between Dubai Airport Freezone Authority and Wasl Asset Management Group with an investment of AED3.2 …
Muscat: Sohar Port and Freezone, in collaboration with RFX Industrial Parks, recently held a groundbreaking ceremony to launch the Phase 1 onsite …
Dubai: Dubai Electricity & Water Authority selected a contractor that submitted a “record” low bid to build a 900-megawatt solar-power plant in the emirate, Managing Director and CEO Saeed Mohammed Al Tayer said. The contractor, which Al Tayer declined to identify, bid 1.7 cents per kilowatt-hour for the photovoltaic plant. The decision requires a lengthy […]
Dubai: The gold and jewellery sector has been assigned priority status by the UAE government, with the intention to transform it from a regional hub into a leading global centre for bullion manufacture and design. This will see the setting up of a “UAE Gold Standard” as well as policies to ensure stability within the […]
Beijing: China is still open to reaching a partial trade deal with the US, an official with direct knowledge of the talks said, signalling that Beijing is focused on limiting the damage to the world’s second-largest economy. Negotiators heading to Washington for talks starting Thursday aren’t optimistic about securing a broad agreement that would end […]