On a separate note, the General Assembly of the Bureau International des Expositions (BIE) has approved the postponement of “Dubai Expo” till October 2021, instead of October 2020. A two-thirds majority of BIE’s Member States voted in favor of postponing the next World Expo by one year, according to the exhibition’s higher committee statement.
Abu Dhabi Reveals AED 5.5 bn Residential Packages
Wednesday, 20 May 2020
Wednesday, 23 December 2020
The Central Bank of the UAE (CBUAE) has reported that residential prices in Dubai dropped 0.9% YoY in Q3 2020, referring to inexorable pressure from the ongoing Coronavirus crisis.
Thursday, 26 November 2020
Emaar Hospitality, the hospitality arm of Emaar Properties, and UAE-based Arada have officially launched the first phase of off-plan sales for "Vida Residences Aljada," marking Sharjah’s first-ever branded residences.
Wednesday, 25 November 2020
Colliers International’s latest MENA Hotels Quarterly Review (Q3 2020) shows that Egyptian hotels have been the region’s worst-hit so far by COVID-19, with occupancy going down at least 50% during this year, despite the resumption of international flights and reopening of prime tourism spots.