NEWS & INSIGHTS

Swiss-Belhotel International has signed an agreement to run a four-star hotel in Al Khobar which is expected to start operating by the end of this year. The Swiss-Belhotel Al Khobar hotel will be the company’s first property in the Eastern […]

Dubai has revealed plans for a AED30 billion ($8.2bn) ‘Wholesale City’ spanning over 51 million sqm. Dubai Wholesale City is expected to become the world’s largest global wholesale hub, and take about 10 years to develop, according to UAE state […]

Family owned and operated franchise restaurant group Five Guys has revealed plans for two new UAE outlets, due to open by Q2 2016. The two new launches will represent the brand’s third Dubai location and first in Abu Dhabi, located […]

Successful women entrepreneurs think that businesses should have a positive social impact, according to a review by INSEAD presented at the Global Women’s Forum Dubai 2016. INSEAD, a business school with campuses in Europe (France), Asia (Singapore) and Abu Dhabi, […]

Dubai has been named as the number one expansion target by nearly a quarter of companies based in Asia, Europe and North America, according to a new survey. The report by the Alliance Business Centres Network for the Middle East […]

Tourism in Bahrain is expected to contribute $1 billion to the country’s economy by the end of the decade, according to official statistics. Figures from the Bahrain Economic Development Board (EDB) reveal that there was an 11 percent increase in […]

DUBAI // Three men carrying swords broke into the villa where a British tourist was staying and robbed her, Dubai Criminal Court was told on Sunday. H H, 26, and M N, 22, both Emiratis, and Jordanian O M, 23, […]

A new report has indicated that the Dubai property market is maturing as rent prices continue to fall throughout 2016. The report, issued by Core UAE, the real estate consultancy affiliated with Savills, compares rental declines in apartments which have […]

The UAE will reduce domestic prices for gasoline in March while raising them for diesel, the ministry of energy said on Sunday. The price of a litre of octane 95 gasoline will fall to 1.36 dirhams (37 US cents) from […]

The director-general of the Dubai Land Department has urged tenants to challenge landlords over arbitrary rent increases, insisting they should only be in line with the Real Estate Regulatory Authority (RERA)’s annual rental index. Tenants who feel aggrieved by “unjustified” […]

Dubai tourism chiefs have launched new detailed rules to regulate the city’s growing holiday home sector which already has licensed 57 operators and more than 1,600 properties registered. The Department of Tourism & Commerce Marketing (Dubai Tourism) has announced executive […]

The Saudi Commission for Tourism and National Heritage has announced that 66 islands are now ready for investment. Rustom Al-Kubaisi, head of Saudi Commission for Tourism and National Heritage branch in Jizan, said development on the uninhabited islands has started, […]