NEWS & INSIGHTS

Abu Dhabi: Fuel prices have gone up for the month of May, Ministry of Energy announced on Thursday. The new prices for May are Super 98-Dh1.78, up from Dh1.62 in April, Special 95-Dh1.67, up from Dh1.51, E Plus-91-Dh1.60, up from […]

Oman has unveiled a 20-year strategy to double visitor numbers to five million per year by 2040. The strategy hinges on developing the tourist spots of Musandam, the Hajar Mountains, the Frankincense Trail in Salalah, the city of Muscat and […]

Tickets for the opening show at Dubai Opera sold out in less than three hours, it was revealed on Monday. All 2,000 tickets to see singing legend Plácido Domingo were quickly snapped up after going on sale on Sunday, with […]

Dubai: The overall job market is still facing some headwinds, but recruitment activity in certain industries is now picking up, a new research showed. The Monster Employment Index, a monthly gauge of the labour market in the Middle East based […]

Is Dubai a good place to bring up children? Ah yes, the million-dollar question. I’m sure every Dubai expat is asked this at least five times per trip home. But there is no simple answer : it depends on the […]

The General Directorate of Residency and Foreigners Affairs in Dubai (GDRFA) has introduced a new electronic system for submission of visa applications which requires the foreign employee to appear at one of approximately 600 approved typing centers in Dubai, but […]

Louvre Hotels Group has announced plans to expand its presence in the Middle East and North Africa (MENA) by opening 40 budget and economy hotels over the next five years. Driving the group’s expansion in the region will be two […]

Ellington Properties, a boutique property development company, on Wednesday announced plans to build more than 2,200 residential units including apartments, townhouses and villas, in Dubai. The company, jointly set up by industry veterans and joint managing directors Robert Booth and […]

Kuwait strike boosts oil despite failure of Doha talks Oil prices rebounded on world markets on Tuesday after a plunge caused by the failure of Opec and other producing nations, including Russia, to agree to a deal to freeze output […]

The picture of the modern office is becoming one composed of teams. It seems that the ladder system of individuals reporting to the next higher authority is going the way of the flip phone. Replacing it are semi-independent teams that […]

Dubai: Housing rents in Dubai fell further during the first three months of the year as more residential units were delivered and property market conditions continued to soften, a leading real estate broker said.   Property analysts, however, said that […]

Dubai: Build, sell and then build some more – Dubai’s developers have stuck to this simple formula through every turn of the market cycle. Only rarely have they made a foray into creating rental properties, and mostly done by government-owned […]