DUBAI, 8th June, 2020 (WAM) — The Dubai Land Department, DLD, announced on Monday that the emirate’s official monthly house price index saw a rise of 1.36 percent as the index value moves from 1.1 to 1.115 amidst the lockdown. The results were announced as part of the second edition launch of ‘Mo’asher’ – Dubai’s[…]

It’s not a common occurrence to drink straight from the tap in the UAE. Image Credit: Gulf News Archives Dubai: The UAE isn’t like Europe, India or North America when it comes to tap water. It’s not a common occurrence to drink straight from the tap. Even filtering your taps isn’t prevalent behaviour. People just[…]

Dubai Financial Market and Abu Dhabi Securities Exchange closed 4.6% and 2.37% higher, respectively.   Most markets in the Gulf region surged on Sunday as investors welcomed Opec+ deal to extend record production cuts until the end of July. The Dubai’s benchmark index and the Egypt’s blue-chip index, both surged 4.6 per cent,[…]

Companies across the UAE, especially small and medium-sized enterprises (SMEs), have been increasingly registering their interest in office spaces, following the end of the lockdown and easing of restrictions, experts said. Speaking to Khaleej Times, Emrah Yar, head of Commercial at Allsopp & Allsopp, revealed: “There has been a significant 90 per cent rise in[…]

Opec+ agreed to extend record oil production cuts by one month until the end of July. The UAE shares jumped at the opening of the market on Sunday, led by property and banking stocks. Dubai Financial Market and Abu Dhabi Securities Exchange gained 1.5 per cent and one per cent, respectively, within 15[…]

DUBAI, 6th June, 2020 (WAM) — Dubai International Financial Centre, DIFC, on Saturday announced a sustained performance in the reinsurance sector. “The sector grew by 17.4 percent in 2019, representing the highest volume of premiums ever written in the market, further reinforcing the Centre’s position as the leading reinsurance hub in the region,” DIFC said[…]

Sheikh Mohammed bin Rashid al-Maktoum lodged plans to build the six bed lodge on his 63,000-acre home in Wester Ross in 2019. But neighbours have complained that it will be detrimental to the local community and the beauty of the local area. {%=o.title%} However, Highland councillors are expected to vote through the proposal after planning officers[…]

Thank you for your reading and interest in the news Dubai property owners risk fines on service charges and now with details Aden – Yasmin Abdel Azim – Property owners in Dubai are ditching service charges… and citing COVID-19 as the reason for delay. But it’s causing issues for property management companies, and it’s reaching[…]

(Reuters) – Long before the death of George Floyd last week, efforts to overhaul the way policing is done in Minneapolis repeatedly fizzled in the face of a powerful 800-member union that championed military-style police tactics. FILE PHOTO: Police officers are seen amid tear gas as protesters continue to rally against the death in Minneapolis[…]