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May 19, 2016

Adjustments to the regulation last month made obtaining a holiday home licence easier for property owners and allowed renters to apply for short-term permits to host guests with the agreement of their landlord. (File photo)
10:00 GMT
The online rental site has signed an MoU with Dubai Tourism to support new holiday home regulations in the emirate.

May 15, 2016

The Organization of Petroleum Exporting Countries said in its latest monthly market report it estimated about $290 billion was cut from spending plans across the globe in the last year.  (AFP/File)
12:30 GMT
The industry is expected to invest around $40 billion per year in exploration and appraisal, less than half its investments during 2012 to 2014, according to OPEC.