Located in the Persian Gulf just 145km from Abu Dhabi, Dubai continues to shine as one of the world’s top 5 most improved cities since 2010, as reported by property expert JLL in partnership with the Business of Cities Group. Over 200 city performance indices were collected in this calculation by the Business of CitiesContinue reading "Attracting Commerce to Dubai – One of the top 5 fastest growing economies" Read more
Industry Updates across the GCC
ADNOC Distribution is to expand its network of service stations with fuel price profit. ADNOC and Enoc plan to invest in new petrol stations following the government’s move to deregulate prices.ADNOC Distribution plan to open 125 new fuel service stations across the UAE and Enoc plan to expand its retail network over the next five years. AccordingContinue reading "ADNOC Distribution is to expand its network of service stations." Read more
The new fuel prices for August for the month of August were announced by the Ministry of Energy after a high-level meeting with the officials from the distribution companies and the Ministry of Finance. Petrol price of Octane 95 (Special), has gone up by 42 fils from Dh1.72 per litre at present to Dh2.14 per litre. OctaneContinue reading "UAE’s plan to raise fuel prices." Read more
According to a report of JLL’s Abu Dhabi Real Estate Market Overview, demand growth in the capital is weakening, with rentals and sales flat during the period. Abu Dhabi property market reaches ‘tipping point’ because of an increase in the cost of living and a reduction in demand. “We are currently at a ‘tipping point’,Continue reading "Abu Dhabi’s property market is at a “tipping point”." Read more
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Habtoor Leighton Group (HLG) has been awarded a $71.6 million (AED263m) infrastructure contract by Abu Dhabi Ports for the Khalifa Industrial Zone (Kezad). Project will be carried out on a 52 sq. km site, and the methodology used will involve extensive dewatering, excavation, pipe-laying and road construction works. Project will begin this month, and isContinue reading "Habtoor Leighton Group (HLG) has been awarded a $71.6 million for the Khalifa Economic Zone (Kezad)." Read more
The General Directorate of Residency and Foreigners Affairs (GDRFA) has announced plans to do away with the passport control counters from the departures wing of Terminal 3. According to GDRFA, If this plan is implemented, passengers will no longer have to queue at passport control counters. Instead, the traveller’s details, at the time of bookingContinue reading "Dubai Airport to remove passport control at Terminal 3" Read more
Getting a new passport can be difficult for some UAE residents, especially people who need to travel and forgot to renew their travel documents. Passport renewal is an integral part of expatriate life in the UAE because many of their transactions and services require a valid passport such as exiting the country or applying to sponsor relatives onContinue reading "How long does it take to renew your passport here in the UAE?" Read more
According to a report of Boeing’s 2015 Pilot and Technician Outlook,The Middle East region will need 60,000 new pilots and 66,000 technicians in the same period, a total rate of about 6,300 each year, over the next two decades. Boeing also says that the Asia-Pacific region will need 226,000 new pilots and 238,000 technicians throughContinue reading "The Middle East region will need new pilots and technicians in next two decades." Read more
Many believe that maximum punishment will not exceed removing offensive content Lack of awareness regarding UAE cyber laws can be a precursor to finding oneself in the midst of a legal case, experts in the capital said. Contrary to public opinion, an Abu Dhabi-based lawyer has revealed that these laws exist to clamp down onContinue reading "Majority of residents unaware of UAE cyber laws" Read more
Federal ministries and departments will be closed on Thursday 16th July and resuming on Tuesday 21st July The Federal Authority for Government Human Resources has issued a circular announcing the holiday for federal ministries and departments will begin on Thursday, July 16. Work will resume on Tuesday, July 21. Public sector workers will be gettingContinue reading "Eid Al Fitr – Governmental Timings" Read more