Tag: Business

Dubai Brings New Shared Housing Rules Into Force

Dubai enforces new shared housing rules covering permits, occupancy, subletting and safety, with repeat violations carrying fines of up to Dh1 million.

Dubai Office Market Gains Momentum as Premium Supply Tightens

Dubai office demand strengthens as limited premium supply lifts rents, commercial sales and off-plan investment across the emirate in 2026.

UAE enters final stage of summer as cooler season approaches

The UAE enters the final phase of summer as Al Kulaybin and Suhail signal a gradual seasonal transition, while hot weather is expected to continue through August.

OPEC oil output falls in UAE in December

OPEC oil production fell by 50,000 barrels per day in December, driven by a sharp decline in UAE output due to field maintenance, while Iran also saw reduced production despite gains in Nigeria and Libya.

Dar Global plans projects in the US  and Greece

Dubai-based developer Dar Global announces plans to expand in the US and Greece, following luxury real estate partnerships with the Trump Organization in Saudi Arabia, Dubai, and Oman.

UAE and Pakistan to boost cooperation in various economic sectors

UAE and Pakistan pledge to expand cooperation in trade, energy, infrastructure, and agriculture, reinforcing economic ties amid Pakistan’s efforts to attract foreign investment.

UAE stock market capitalization grows 7.14% in 2024

Dubai and Abu Dhabi’s stock markets saw a 7.14% increase in 2024, driven by IPOs, foreign investment, and a strong economic outlook for 2025.

How to renew your ILOE policy in the UAE to avoid a fine

Learn how to renew your ILOE unemployment insurance policy in the UAE step-by-step to avoid the 400 AED fine. Fast, easy process explained with all key details.

Dubai’s Mashreq Metro Station Renamed InsuranceMarket

RTA renames Mashreq Metro Station to InsuranceMarket Metro Station in a 10-year public-private partnership, enhancing branding opportunities and economic collaboration in Dubai.

Primark could soon open stores in the UAE

Alshaya Group announces strategic partnership with Primark to explore store openings in the UAE, bringing affordable fashion to the GCC region.

Business