Tag: UAE Business News
Despite pandemic Dubai attracts FDI worth $3.3 billion in H1 2020
Even during the challenging times of the coronavirus pandemic, foreign direct investment (FDI) continued to flow into Dubai as the number of announced FDI...
Dubai Investments reports $55.8mn net profit for H1 2020
One of the leading, diversified investment companies in the region, Dubai Investments, has reported a net profit of $55.8 million for the first half...
Azizi Developments to invest $952mn for developing 45 buildings in Dubai
UAE's leading private developer, Azizi Developments is expected to invest over $952 million towards constructing 45 buildings comprising over 11,000 homes in Dubai spanned...
Dubai Silicon Oasis employs AI for Property Management
The Dubai Silicon Oasis Authority (DSOA), which is the regulatory body for the Dubai Silicon Oasis has upgraded its current Integrated Building Management System...
Ajman helps struggling entrepreneurs with new stimulus package
The Emirate of Ajman has approved a new set of economic incentives to reduce the cost of doing business in the region and help...
‘Fractional title deed’ to be implemented by Dubai Land Department
The Dubai Land Department (DLD) is expected to introduce an emirate-wide model of 'fractional title deed' in a bid to draw small investors towards...
1st Nuclear Plant in Arab Region commissioned by UAE
The UAE became the first Arab country to generate nuclear energy, after declaring that Unit 1 of the Barakah nuclear power plant, located in...
RAKEZ reopens to welcome back investors at its offices
Ras Al Khaimah Economic Zone (RAKEZ) has updated that it is opening its sales offices in Ras Al Khaimah, Dubai and Abu Dhabi to...