Sharjah holiday homes project to boost tourism
Sharjah has launched a regulatory framework for its Holiday Homes Project, which will allow residents to rent out homes to tourists and visitors. The framework will see the homes registered under a unified database, and will provide users with a new source of income recognised by the Sharjah Government. “Through Sharjah Tourism’s Holiday Homes Project, […]
Beverly Hills Drive launched at Damac Hills
Damac Properties has announced the launch of Beverly Hills Drive — a luxurious collection of high-end 6-bedroom mansions within the exclusive Trump Estates cluster in Damac Hills. Residents seeking lavish spaces will be thrilled with these 3-storey mansions offering expansive separate formal/informal living and dining spaces, set within a private lush garden surrounding the […]
UAE: $217 fine for motorists fixing make-up, using phone, eating while driving
Abu Dhabi Police have warned drivers against activities that would distract them from the road while driving, which may cause serious road accidents. These habits include eating, fixing make-up for women, using mobile phones (speaking, browsing the Internet and texting) and taking photos or videos. Distracted driving is penalised with a Dh800 fine and four […]
Community Development Authority announces additional financial assistance supporting over 1100 minor prior new academic year
Under the directives of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Dubai Council, the Dubai Community Development Authority announced additional financial assistance supporting 1101 minors registered with the Authority before the start of the new academic year. The additional financial assistance is a part […]
304.6mln riders used public transport means, shared mobility and taxis in the first half of 2022 in Dubai
Dubai’s Roads and Transport Authority (RTA) announced that the number of riders using public transport means and shared mobility in Dubai that include Dubai Metro, Dubai Tram, public buses, marine transport means (abras, ferry, water taxi, water bus), e-hail rides, smart car rental, Bus-On-Demand, and taxis (Dubai Taxi and franchise company taxies) clocked nearly […]
Dubai hotels’ occupancy rates fall in July; operators should be competitive – JLL
Dubai’s hotel operators have seen a decline in performance, but the industry continues to recover from COVID-19 slump, according to the latest data. Room rates in the emirate cost less than AED500 ($136) on average in July, lower than the rates in June, while occupancy levels dipped slightly compared to 2019, STR reported on Wednesday. […]
Dubai: Middle East’s first water circus to thrill audiences from Sept 29
Fontana, the most ambitious aquatic show ever produced and first travelling water circus in the Middle East, is coming to Dubai Festival City Mall’s Festival Bay from September 29. The experience will be held in a tailor-made Aquatic Theatre led by the Live Show Arabia theatre development department. One of the many highlights of the […]
Amlak Finance reports 35% higher profit in H1-22
The net earnings of Amlak Finance went up by 35% on a yearly basis by the end of the first half (H1) of 2022, standing at AED 266 million, from AED 197 million. Total income during the January-June period in 2022 dropped 9% year-on-year (YoY) to AED 319 million, compared with AED 351 million, according […]
ADX market data goes live on TradingView platform
The Abu Dhabi Securities Exchange (ADX) has signed a new data-sharing partnership with TradingView, a US-based leading financial information portal, to help attract a new generation of global traders and investors to the exchange. As part of the agreement, ADX market data is now live on TradingView’s platform and accessible by a large base […]
Dubai among top destinations from Heathrow for summer
Dubai, New York and Los Angeles topped the list of destinations for more than one million people who took to the skies from Heathrow airport in the first 10 days of summer getaway. This marks the busiest consecutive period for departures at the airport since Christmas 2019. This is the first summer since before the […]