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    GIAS to host 500 aviation investors as UAE invests AED85bn in airports

    Dubai will host the first Global Investment in Aviation Summit, GIAS, – a major aviation conference – to be attended by the world’s 500 top aviation investors, as the UAE emerges as the region’s biggest aviation hubs.

    The high-profile delegates from 40 countries will include 20 aviation ambassadors, ten knowledge partners, 200 aviation officials and 300 investors brainstorming throughout the three days.

    The"...

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    Aramex sets up giant single-rooftop PV plant in DubaiJuly 17, 2018

    Aramex, a leading provider of logistics and transportation solutions, said it has joined hands with IMG Solar, a subsidiary of Jordan-based Izzat Marji Group, to open the region's largest single-rooftop solar photovoltaic (PV) plant project at its new logistics facility in Dubai, UAE.

    The 3.2 megawatt (MW) facility is one of the largest solar PV plants connected to Dubai Electricity and Water Authority's (Dewa) grid under its “Shams Dubai” initiative”. This comes as part of its commitment to supporting the UAE’s Clean Energy Strategy 2021 goals.

    IMG Solar was the lead contractor for the project, where it was fully responsible for the design, supply of material, construction,"...

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    Aston Martin, partners race to the skiesJuly 17, 2018

    British luxury brand Aston Martin today presented the Volante Vision Concept, a luxury concept aircraft with vertical take-off and landing (VTOL) capabilities.

    Produced in partnership with Cranfield University, Cranfield Aerospace Solutions and Rolls-Royce, the concept aircraft aims to bring luxury personal transportation to the sky.

    The Volante Vision Concept is a demonstration of Aston Martin’s design ingenuity."...

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    UAE's Azizi reveals construction progress on flagship Dubai project

    UAE-based Azizi Developments has announced construction updates for all four phases of its upcoming flagship project in Meydan One, Azizi Riviera.

    The developer said the progress of the project is 'advancing steadily' and the majority of the buildings in phases 1 and 2 have reached the ground floor.

    As for phase 3, basement work has started and the foundations are progressing rapidly while contracts have been awarded for phase 4 and construction is expected to commence by the end of July.

    Mirwais"...

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    CNBC, Nasdaq Dubai announce opening of new studio

    CNBC today announced the expansion of its Middle East operations with a new studio set to open in October at Nasdaq Dubai.

    The network will use the new base at MarketSite, part of Nasdaq Dubai’s new offices in the Dubai International Financial Centre, DIFC, to further enhance its editorial presence across the region. With MarketSite at the heart of Dubai’s financial hub, CNBC will speak to the business and government leaders helping shape the region’s economic future. MarketSite will host a range of thought leadership and capital markets activities.

    Hamed"...

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    Ajman Media City Free Zone announces strong portfolio of cost-effective business services

    The Ajman Media City Free Zone, AMCFZ, has announced a range of customer-friendly, cost-effective packages for potential business owners.

    Ahead of the official launch of the free zone, Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of the AMCFZ, said, 'Globally, entrepreneurs and small- and medium-sized enterprises, SMEs, are widely considered to be vital to national economies. We are committed to supporting the small and mid-size business investors and offering easy and cost-effective services, which will help this sector and also boost the UAE’s rankings in the global business destination list.'

    The"...

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    6 affordable apartments to rent near Dubai Metro stations

    Rent declines for residential properties in Dubai averaged five per cent for the last 12 months and 2.5 per cent on average quarter on quarter, a recent study shows.

    According to a recent survey published in Khaleej Times, landlords in Dubai are offering various incentives such as 1-month free rent, the inclusion of white goods, paying for moving fees and more to keep their units occupied.

    The soft market is also seeing a lot of tenant movement to larger, better located properties. Tenants are moving out of established"...

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