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Dubai leads global FDI destinations in readiness and resilience

(WAM) -- Despite the decline in greenfield foreign direct investment, FDI, globally at the beginning of 2020 due to the challenges posed by the...
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ASGC has become the largest shareholder in Costain

ASGC, the largest construction firm headquartered in Dubai, UAE, has confirmed that it will buy a 15 percent interest in Costain, the UK-based construction...
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Virus May Be a Welcome Reality Check for Dubai’s Property Glut

(Bloomberg) -- While the coronavirus is wreaking havoc around the world, it could give Dubai’s long-slumping property market a much-needed break from new projects, a...
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Staying In: Here’s How You can Get Your ‘Travel Fix’ This Weekend

As we enter the eleventeenth (who knows what day is it, at this point, anyway!) day of lockdown, many of us have now realised...
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Dubai’s Emaar Slashes Salaries by Up to 50% Amid Pandemic

Dubai’s Emaar Slashes Salaries by Up to 50% Amid Pandemic

(Bloomberg) -- Emaar Properties PJSC, Dubai’s largest publicly-traded developer, cut executive and staff salaries across its businesses as the coronavirus pandemic halts projects and weighs...
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Emirates Resumes Passenger Operations With Repatriation Flights

Emirates airline resumed passenger operations today, with repatriation flights from Dubai to four destinations, including London Heathrow, Frankfurt, Paris, Brussels, and Zurich, with four...
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Free public bus rides; 50% discount on taxi fares during sterilisation time in Dubai

Free Public Bus Rides; 50% Discount on Taxi Fares During Sterilisation Time in Dubai

DUBAI, 4th April, 2020 (WAM) -- The Roads and Transport Authority (RTA) today announced its public bus services will be free of charge for...
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Dubai Economy launches ‘Price Monitor’ to track daily prices of staple foods

DUBAI, 1st April, 2020 (WAM) -- Dubai Economy has launched a ‘Price Monitor’ portal to track daily prices of staple foods and essentials making...
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Suspension of metro, tram and marine services extended until 5th April: Dubai RTA

Suspension of metro, tram and marine services extended until 5th April: Dubai RTA

DUBAI, 29th March, 2020 (WAM) -- The Dubai Roads and Transport Authority, RTA, announced on Sunday that it has extended the suspension of public...
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Dubai Announces Economic Incentive Package for its Free Zones

Dubai Announces Economic Incentive Package for its Free Zones

(Bloomberg) -- Dubai announced an economic incentive package for its free zones on Saturday in the light of “exceptional circumstances” related to the coronavirus pandemic. The...
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