Business Blog

Dubai makes new unified property forms mandatory from today

Real estate participants - buyers, sellers and brokers - will start using the new unified contracts issued by Dubai Land Department (DLD) from today (May 1) onwards - a move aimed to minimize any misrepresentation and misunderstanding between any of the parties.

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Ministry of Foreign Affairs calls U.A.E. citizens travelling abroad to exercise utmost caution

The Ministry of Foreign Affairs has called U.A.E. citizens wishing to travel abroad for tourism, study and medical treatment, mainly those heading to the UK, to take into consideration a set of important measures for their own safety.

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Abu Dhabi sees 32% more hotel guests in first quarter

Hotels in Abu Dhabi saw occupancy climb to 79 per cent during the first quarter of the year as 834,771 guests checked in, marking a 32 per cent increase over the same period in 2013, the Abu Dhabi Tourism and Culture Authority (TCA Abu Dhabi) said on Wednesday.

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Royal Jordanian CEO quits

Royal Jordanian’s announced on Wednesday that its Chief Executive Officer, Amer Hadidi, has resigned after less than two years in the role.

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DWC to double passenger capacity in coming years

Passenger capacity at Al Maktoum International, Dubai’s future aviation superhub, could be set to nearly double to 12 million over the next three years, according to the airport operator’s top executive.

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MIDEAST STOCKS - Factors to watch - March 1

DUBAI, March 1 (Reuters) - Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.INTERNATIONAL/REGIONAL* GLOBAL MARKETS-China PMI underwhelms, markets resilientMKTS/GLOB* Oil finishes above $108 after trading lower on fundamentals O/R* Gold stifled by US growth optimism; fund outflows resumeGOL-

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