Dubai

Dubai (/dˈb/ doo-BY; Arabic: دبي Dubayy, Gulf pronunciation: [dʊˈbɑj]) is the most populous city in the United Arab Emirates (UAE). It is located on the southeast coast of the Persian Gulf and is one of the seven emirates that make up the country. Abu Dhabi and Dubai are the only two emirates to have veto power over critical matters of national importance in the country's legislature. The city of Dubai is located on the emirate's northern coastline and heads up the Dubai-Sharjah-Ajman metropolitan area. Dubai is to host World Expo 2020.

Dubai has emerged as a global city and business hub of the Middle East. It is also a major transport hub for passengers and cargo. By the 1960s Dubai's economy was based on revenues from trade and, to a smaller extent, oil exploration concessions, but oil was not discovered until 1966. Oil revenue first started to flow in 1969. Dubai's oil revenue helped accelerate the early development of the city, but its reserves are limited and production levels are low: today, less than 5% of the emirate's revenue comes from oil. The emirate's Western-style model of business drives its economy with the main revenues now coming from tourism, aviation, real estate, and financial services. Dubai has recently attracted world attention through many innovative large construction projects and sports events. The city has become iconic for its skyscrapers and high-rise buildings, in particular the world's tallest building, the Burj Khalifa. Dubai has been criticised for human rights violations concerning the city's largely South Asian workforce. Dubai's property market experienced a major deterioration in 2008–09 following the financial crisis of 2007–08, but the emirate's economy has made a return to growth, with a projected 2015 budget surplus.

Latest News for: Dubai notes

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UAE equities offer best value proposition in the GCC, EFG Hermes says

The National 16 Jul 2019
Dubai is trading at a 41 per cent discount and the bourse, along with Abu Dhabi's market, offers the highest yields on traded equities in the GCC, it noted ... Main indexes of Dubai Financial Market and the Abu Dhabi Securities Exchange have underperformed Mena by 50 per cent and 9 ......
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Tourists can now buy alcohol at registered liquor stores in Dubai

Inquirer 16 Jul 2019
Before getting into full vacation mode in Dubai, visitors should note that the city has strict policies regarding alcohol consumption ......
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Immersive tech to change the way students learn

Gulf News 16 Jul 2019
Fadi Abdul Khalek, General Manager, SAE Dubai, asserts that immersive learning creates a highly engaging experience and ensures that the learner spends more time on learning, hence producing better outcomes ... - Dr Arijit Sikdar, Associate Professor, Faculty of Business at the University of Wollongong in Dubai (UOWD)....
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DEWA launches verified Whatsapp account for customers

Arabian Business 15 Jul 2019
The Dubai Electricity and Water Authority (DEWA) has obtained a verified Whatsapp business account to help it communicate with customers, it was announced on Sunday ... Additionally, Bin Haidar noted that the Whatsapp guests between DEWA and the customer are encrypted to ensure security....
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Banking, petrochemical shares boost Tadawul

Arab News 15 Jul 2019
... results.In Saudi Arabia, the Tadawul main index rose 0.5 percent, with banks and petrochemical companies leading the gains.Dubai’s Arqaam Capital said in a research note last week it expected Saudi Arabia to deliver the strongest second-quarter earnings performance in the Gulf....
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MIDEAST STOCKS-Saudi market strong on Q2 results, Aldar boosts Abu Dhabi

This is Money 14 Jul 2019
Dubai's Arqaam Capital said in a research note last week it expected Saudi Arabia to deliver the strongest second-quarter earnings performance in the Gulf ... The Dubai index was up 0.5%, lifted by property developers Union Properties, up 1.8%, and heavyweight Emaar Properties, up 0.4%....
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Saudi market strong on Q2 results, Aldar boosts Abu Dhabi

Canada Dot Com 14 Jul 2019
DUBAI — Most Gulf stock markets rose in early Sunday trading, mirroring gains late last week in global markets, and supported by some companies’ positive second-quarter results ... Dubai’s Arqaam Capital said in a research note last week it expected Saudi Arabia to deliver the strongest second-quarter earnings performance in the Gulf....
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Banks boost Saudi, Aldar strong in Abu Dhabi

Canada Dot Com 14 Jul 2019
DUBAIMajor Gulf stock markets closed. higher on Sunday, mirroring gains late last week in global. markets, and supported by some companies’ positive. second-quarter results ... Dubai’s Arqaam Capital said in a research note last week it ... million) ... The Dubai index rose 0.7%, lifted by property ... DUBAI The index gained 0.7% to 2,705 points....
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NOTA director Anand Shankar marries Divyanka Jeevanantham

The Times of India 12 Jul 2019
A photo of the couple with the parents and film celebs has surfaced online. On June 15, the NOTA director issues a press note announcing his engagement to Divyanka. They hosted an engagement party on the same day in Yacht in Dubai. His note read, ‘’ My first ever post about my private life. Usually, I am too closed. ... Always. Dubai 2018 #HappyDeepavali’’....
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Pillay R Group opens new outlet in Victoria | 12 July 2019

Nation 12 Jul 2019
You don’t have to travel to Dubai or elsewhere to buy any IT or electronic products as we have it here and at competitive prices,” Mr Pillay said, noting that the new version of TMKR will keep on valuing the trustworthy working relationship with clients, inherited from so many years ago....
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Edinburgh's Indigo­Vision focuses in on profit

Scotsman 11 Jul 2019
In May, IndigoVision, which has offices in New Jersey, Toronto, Dubai and Sao Paulo, noted that two orders worth more than $1m each secured in Malaysia had helped it get the current year off to a solid start ... timing of our orders is difficult to predict,” it noted at the time....
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Policeman in court for illegally arresting visitor in Dubai

Gulf News 10 Jul 2019
Dubai. Dubai Police arrested a corporal who arrested a visitor and forced him to sign a promissory note for the benefit of a businessman, a Dubai Court of First Instance heard on Wednesday ... The businessman then brought a promissory note and told the victim to sign it ... on the note....
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Is ‘co-living’ Dubai’s next big residential trend?

Gulf News 10 Jul 2019
Dubai ... Not to be confused with sharing rooms, co-living is relatively new to Dubai ... A number of developers in Dubai have launched co-living projects to cater to young professionals and millennials, Property Finder said, noting Dubai has seen 902 registered transactions (both off-plan and secondary) for co-living spaces to date....

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