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Oil prices dip after strong rally earlier this week

Benchmark Brent crude futures were down 29 cents at $62.24 a barrel by 0520 GMT

February 18, 2015 5:16
Silhouette Oil Rigs And Pumps

Oil prices hit fresh 5-1/2-year lows; Brent below $56

U.S. crude slid as low as $51.40 a barrel on Monday, its lowest since May 2009

January 5, 2015 9:54
The View On Dubai City From Skyscraper In Night Illumination, Du

Dubai rents finally drop

Freehold transactions in Dubai fell by almost one-third during Q3 2014 and rents across Dubai’s freehold areas dropped by 0.4 per cent

December 21, 2014 11:57

UAE’s non-oil foreign trade falls 16 percent in 2009

The total non-oil foreign trade volume of the country reached AED663 billion in 2009.

March 6, 2010 8:40
Raking up the projects

Raking up the projects

Ras Al Khaimah has said that it is planning to spend heavily on improving infrastructure. The move may provide a big boost to RAK’s strained property sector.

February 17, 2010 4:58

Abu Dhabi house rents to drop further

House rents in the city fell by up to 15 percent during the fourth quarter of 2009, according to landmark Advisory.

February 9, 2010 12:01

Dubai’s population to fall 3.6 percent

Economy will also contract by 0.4 percent in 2010, according to Shuaa Capital.

January 18, 2010 12:01

Regional merger deal values fall 54 percent in Q3

Mergers and acquisitions (M&A) deals announced in…

December 7, 2009 4:19

Abu Dhabi to curtail residential construction

Abu Dhabi will curb housing construction to avoid oversupply…

November 25, 2009 3:40
Divorce during the financial crisis: up or down?

Divorce during the financial crisis: up or down?

While Dubai sees an increase in the number of couples breaking up because of the crisis, couples in other countries are being forced to live together.

October 1, 2009 12:52