Energy Club in DMCC
DMCC announced the establishment of the Energy Club. The main purpose of this project is cultivating and generating a network of energy professional, even developing new environment in which…
EXCLUSIVE: Nakheel offers land to Palm villa owners
Villa owners on Nakheel’s flagship Palm Jumeirah have been given the option to buy additional land outside their property as the developer looks to boost revenues. Nakheel is charging AED600…
UAE corporates have ample cash cushions
The non-financial corporate sector in the UAE is showing signs of fiscal improvement, albeit stress testing indicates continued vulnerabilities to global financial conditions, particularly in the real estate sector, the…
Recovery still a work-in-progress
Dubai: Limited infrastructure spending and the odd high-profile hotel development have not done much to lift spirits in the construction sector in Dubai and Abu Dhabi, where payment issues and…