Dredging for Dubai’s new Dh.650 million Dubai Maritime City (DMC) has begun and the first phase will be completed within one year.

The first phase involves the reclamation and building the facilities for the ship repair work, explained Sult ...

An investment to the tune of $50 billion is expected to be pumped into the Dubai real estate market by 2010, according to a National Bank of Dubai (NBD) report.

The investment flow will boost the real estate sector at a time when the emirate envisa ...

Sharjah's efforts to attract heavy industries received a big boost yesterday with an agreement for a Dh370 million steel factory in Hamriya Free Zone.

The deal was signed in Sharjah by Hamriya Steel Factory board chairman Dr Shaikh Sultan Bin Khali ...