Dubai rents have fallen sharply in the last two months, with going rates for some real estate ranging from basic studios to luxury flats on the man-made Palm Jumeirah falling by almost a third, a p

Dubai rents have fallen sharply in the last two months, with going rates for some real estate ranging from basic studios to luxury flats on the man-made Palm Jumeirah falling by almost a third, a p

Construction contracts valued at about US$10.60 billion (Dh39bn) were awarded during the first four months of 2009 with Abu Dhabi accounting for almost 58 per cent of the contracts awarded.

The first major underwater clean-up of waters off Dibba and Al Aqah took place today.

H.H General Sheikh Mohammed bin Zayed Al Nahyan, crown prince of Abu Dhabi and deputy supreme commander of the UAE Armed Forces and HRH Prince Moulay Rachid of Morocco yesterday laid the foundation

Dong Energy, E.ON and Masdar, a wholly owned subsidiary of the Mubadala Development Company, have yesterday announced that they will invest €2.2 billion (Dh11bn) in building the first 630MW phase o

Abu Dhabi National oil Company (ADNOC) is pressing ahead with its projects despite the global slowdown, a senior official at the company said yesterday. "ADNOC's projects are well on track.

Japan and the UAE will jointly establish the first sulphur concrete manufacturing facility in Al Ain that will provide a better and durable concreting option to the construction industry in the reg

While the UAE and Japan have both been fighting the economic slowdown, bilateral trade between the two seems to have flourished, at least in 2008.

Abu Dhabi, May 11, 2009 (WAM) - H.H.