A drone that can carry people will begin regular operations in Dubai from July, the head of …
Dubai
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Financial Institutions
FT: Egypt rides resurgent wave for emerging market borrowing
by Yomna Yasserby Yomna YasserFor Amr al-Garhy, Egypt’s Minister of Finance, winning over international bond investors meant convincing them that last …
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Real Estate
Emaar’s Alabbar expects Dubai’s property market rebalancing next year
by Yomna Yasserby Yomna YasserDubai’s real estate market will see a “rebalancing” between supply and demand into next year, head of …
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Industry & Trade
20 Egyptian building materials firms take part in Dubai’s BIG 5
by Noha Gadby Noha GadAround 20 Egyptian firms participate today in the International Building and Construction Show- The BIG 5 that …
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Financial Institutions
Egypt to begin dollar bond roadshow in London, Luxembourg, Dubai on Nov 23
by Yomna Yasserby Yomna YasserEgypt will start a roadshow for its international bonds sale in London, Luxembourg, and Dubai on November …
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Real Estate
UAE Al-Futtaim to develop two hotels in Cairo Festival City
by Yomna Yasserby Yomna YasserDubai-based conglomerate Al-Futtaim Group will start designing two hotels in its flagship Cairo Festival City. The two …
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Real Estate
Egypt’s Arab Contractors to build two hotel buildings in Dubai
by Ghada Ismailby Ghada IsmailEgypt’s Arab Contractors has signed on Thursday an AED 55 million (133 million Egyptian pounds and $15 …
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Tech news
Uber faces pressure in Dubai as regulator signs deal with rival
by Ghada Ismailby Ghada IsmailRide-hailing service Uber is under pressure in Dubai, one of the Middle East’s major markets, after the …
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Real Estate
Deloitte sees further fall in residential sale prices in Dubai
by Yomna Yasserby Yomna YasserWith Dubai’s home rent falls being extremely selective in terms of location, the city’s tenants could do …
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Housing costs in Dubai remained generally cheaper in August compared to the previous month, but some tenants …