Passenger traffic up 6% at Dubai International Airport

DXB recorded 8.2 million passengers in August, but slight drop in flight movements Read more...

Sheikh Hamdan hails Dubai’s flying taxi after test flight

Dubai Crown Prince attends maiden flight of autonomous air taxi being developed by German firm Read more...

UAE confirms first nuclear power plant to open in 2018

The United Arab Emirates on Monday announced plans to open a nuclear power plant next year, in what would be a first for the emirate and the Arab Gulf region.The $20 billion Barakah plant west of Abu Dhabi is being constructed by a consortium led by Korea Electric Power Corp.”We have reached the advanced stages,” UAE Energy Minister Suhail Mohammed al-Mazrouei said.Mazrouei said the first...

Developer launches $45m Meydan residential project

Prescott Real Estate Development announced on Monday a major residential and commercial project in Dubai’s Meydan district.Named Prime Views, the residential complex, which is estimated to cost over AED165 million ($44.9 million), will include 133 one-bedroom units and 18 two-bedroom units spread over 225,000 sq ft.The project has broken ground and is expected to be completed by the fourth quarter...

Delivery giant DHL announces UAE price hike for 2018

Company says average price increase for UAE shipments weighing up to 300kg will be 4.9% Read more...

Dubai’s DAE hires former Etihad exec as CEO of subsidiary

Dubai Aerospace Enterprise announces Jeff Wilkinson as CEO of Jordan Aircraft Maintenance Limited Read more...

Japanese ‘rain makers’ conduct research flights over the UAE

Flights over Al Ain mountain range to test the potential of clouds for seeding initiative Read more...

Emirates says to go daily to Tunis from October 30

Additional flight each Monday will be operated with a Boeing 777, says Dubai airline Read more...

Dubai's Drake hires more senior execs amid major shake-up

Drake & Scull International (DSI) has announced the latest in a series of senior appointments and changes aligned with its ongoing efforts to restructure and streamline business operations.DSI said it has appointed Ziad Makhzoumi as an advisor to the board of directors. Ziad was the CEO of Fakih IVF prior to joining the company.Other senior key appointments and changes include Muin El Saleh, the...

New $300m Oman cotton factory set to create 1,500 jobs

An Indian company has announced plans to establish a $300 million plant in Oman to to manufacture a wide range of cotton yarn.The factory, to be operated as SV Pittie Sohar Textiles, a subsidiary of Bombay listed SVP Global Ventures Ltd, will eventually provide over 1,500 jobs and is expected to start commercial operations in late 2019.The deal comes after Sultan Bin Salim Bin Said Al Habsi, chairman...