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Michael Fahy

Michael Fahy

Location

Articles

Dubai Airports has commissioned work to expand the number of gates capable of handling an Airbus A380 at Dubai International Airport to 47. The work is expected to be completed by 2018. Courtesy Dubai Airports
Dubai International Airport to have most A380-capable gates in the world

The work is set to be completed in 2018 and increase the number of gates capable of handling A380s at Dubai Airport to 47.

BusinessSeptember 26, 2016
The Tawdheef job fair for Emiratis. Job openings have declined by almost a quarter year-on-year, according to the jobs site Monster.com. Silvia Razgova / The National
Job postings in the UAE fall across the professions, Monster says

Engineering and production sectors were the only ones where the number of online roles being posted increased.

BusinessSeptember 26, 2016
Call for more clarity in Mena public-private partnership projects

Projects that have been brought to market in the Middle East and North Africa since 1996 have failed without any deal being signed.

BusinessSeptember 25, 2016
Dubai property agents required to verify ownership data before brokering sales and rental deals

Brokers who fail to verify ownership data will face legal proceedings and fines for non-adherence.

PropertySeptember 25, 2016
The Roads and Transport Authority is evaluating bids from developers for the Union Oasis project, above. Courtesy RTA
Egypt, Kuwait and UAE markets full of public-private partnership potential

Increased use of PPPs to fund infrastructure projects in the region will allow major companies with experience of delivering long term, privately-financed projects greater chances to participate in the regional market.

BusinessSeptember 24, 2016
Knight Frank expects Dubai residential property prices to flatten out this year and then start rising next year. Sarah Dea / The National
Dubai property set for return to growth next year, says Knight Frank

The consultancy says the return to growth is dependent on the fate of currency markets and the wider global economy.

PropertySeptember 22, 2016
Emirates Auction to sell off goods seized at properties in rental dispute cases

Emirates Auction will market and auction off chattels at properties at the centre of rental dispute cases.

PropertySeptember 21, 2016
Abdul Baset Al Janahi, the chief executive of Dubai SME, says that businesses often fail to recognise ideas from their own talent. Victor Besa for The National
Dubai SME chief urges family-run companies to back start-ups

Abdul Baset Al Janahi says there is 'a lot of money and a lot of ideas' in Dubai but that the two are often mismatched for several reasons.

BusinessSeptember 21, 2016
Above, the French ski resort of Val-Thorens, with a view of Aiguille de Peclet, left, and the Cime Caron mountains. Getty Images
Emiratis among the top investors in Europe’s prime ski resorts

UAE nationals among a more diverse group of nationalities buying properties at Europe's top winter sports resorts.

PropertySeptember 20, 2016
US consultancy Hill International helped in the construction of Jumeirah Etihad Towers in Abu Dhabi. Alia Jeroudi for The National
Activist shareholder succeeds in removing Hill International’s founder from its board

Company's founder, Irvin Richter, is no longer a board member and Hill pays US$800,000 in legal fees to activist shareholder.

PropertySeptember 20, 2016
Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers
Camera
Al Maryah Central mall in Abu Dhabi now 50 per cent leased by retailers
BusinessSeptember 19, 2016
Union Properties’ delayed Dh1.1 billion Vertx project to start next year

Dubai-based developer said delayed Vertx project in Motor City will be brought forward in three phases, with the first set to start in the middle of next year.

PropertySeptember 17, 2016
The sale prices for Waterlovt’s floating homes start at Dh4.4 million for a 180-square-metre unit. Courtesy Waterlovt / Belevari Marine
Plan for energy at island in Nakheel’s The World project via Waterlovt floating homes

'With 20 units around an island you could easily create a sustainable eco-resort,' said Berend Lens van Rijn, whose company Belevari Marine is the exclusive seller in the UAE of Dutch-made Waterlovt floating homes.

PropertySeptember 17, 2016
Dubai South to start selling apartments from Dh280,000
Camera
Dubai South to start selling apartments from Dh280,000
PropertySeptember 17, 2016
Construction consultancy Arcadis has placed Dubai 52nd in its 2016 Sustainable Cities Index, which was compiled by the Centre for Economic and Business Research. Satish Kumar / The National
Dubai and Abu Dhabi named Middle East’s most sustainable cities

Dubai and Abu Dhabi score highly in terms of economic strength, but fall near bottom of ranking for environmental performance.

BusinessSeptember 15, 2016
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