News

Dubai luxury property market extends record-breaking growth

Dubai's luxury property sector continues attracting global investors as strong demand, premium developments and economic growth drive record market performance.

DP World expands UAE port network with two new eastern terminals

DP World will build two new port terminals on the UAE's eastern coast, strengthening logistics, expanding cargo capacity and supporting long-term trade growth.

UAE Presses Ahead With Landmark Megaprojects Despite Regional Tensions

The UAE continues investing in transport, tourism and cultural megaprojects despite regional tensions, reinforcing its long-term economic growth strategy and global ambitions.

DAMAC Unveils Final Tower of Chelsea Residences by DAMAC as Demand Stays Strong

DAMAC has unveiled the final tower of Chelsea Residences in Dubai, offering sea-view homes, football-inspired amenities and luxury branded waterfront living.

Buyer Confidence Holds Steady as Dubai Property Market Finds Stability

Property Finder reports stable buyer demand in Dubai as expectations for property price declines weaken and market conditions show increasing signs of stability.

UAE Launches New Port Project to Reduce Reliance on Strait of Hormuz

The UAE is developing a new port in Fujairah to reduce reliance on the Strait of Hormuz, strengthen supply chains, and enhance regional logistics resilience.

Dubai Residential Property Prices Record First Decline Since 2020

Dubai home prices posted their first significant decline since 2020 as demand softened, transaction volumes fell, and the market entered a new correction phase.

€1.4bn Albanian Resort Project Faces Growing Opposition

A €1.4bn Albanian resort backed by Affinity Partners faces environmental protests, regulatory scrutiny, and investment risks despite government support.

UAE Prepares to Launch Its First Inter-Emirate Passenger Railway

The UAE will launch its first passenger railway linking Abu Dhabi, Dubai, and Fujairah, improving connectivity, mobility, and long-term real estate investment opportunities.

Ajman Chamber Explores Continuity of Food Supply Chains and Integration Between Sectors

The Ajman Chamber organized a meeting for the business group in the food sector to address the latest developments in food supply chains and foster collaboration between government and private entities. This initiative aims to enhance the efficiency and...

Abu Dhabi Ports Anticipates a 9.2 Billion Dirham Refinancing Agreement

Abu Dhabi Ports Group has announced the signing of an agreement with First Abu Dhabi Bank and Emirates NBD Capital to refinance a syndicated loan amounting to 9.2 billion dirhams (approximately 2.5 billion dollars), ahead of its due date...

Plans for the Launch of the Second Phase of the Ras Al Khaimah Creativity Initiative

Eman Darwish Al-Hayas, the director of the Saud bin Saqr Foundation for the Development of Youth Projects, announced that the organization is preparing to launch the second phase of the "Ras Al Khaimah Creativity Initiative" in the near future....

Abu Dhabi Marine Signs Agreement to Advance Mining Technologies in the Democratic Republic of Congo

The Abu Dhabi Maritime Academy, which is part of the Abu Dhabi Ports Group, has entered into a research, development, and operational agreement with Minx, a company specializing in mining and mineral processing technologies based in the Democratic Republic...

Alvarez & Marsal: UAE Banks Are ‘Resilient’ Due to Strong Liquidity

Alvarez & Marsal, a global consulting firm, has confirmed that banks in the UAE are well-equipped to withstand the impacts of regional conflicts due to their robust liquidity, capital flexibility, and regulatory clarity. During a time of uncertainty both regionally...

Domestic Tourism Drives Hotel Activity

Dubai hotels have announced a new series of community initiatives aimed at strengthening social connections while providing innovative recreational and educational experiences during April and May. These efforts are designed to support a balanced lifestyle for families and residents.Leading...

The Invoice: The Frontline Defense of Consumer Rights Despite Being Overlooked

The receipt is a fundamental document that serves as proof of purchase, and it plays a crucial role in safeguarding consumer rights while ensuring transparency in commercial transactions. Despite its importance, many shoppers fail to keep receipts or review...

Financial Times: Dubai Remains the Top Destination for Britons

Britons Choose Stability in the UAE Amid Tensions UAE Proves to Be a Winner, Attracting Residents and Investments 7 out of 8 British Residents Prefer Staying in the UAE Dubai continues to be a favored destination for international residents, particularly Britons, due...

National Carriers: A Priority and Leadership in the Full Return of Flights

The Major Beneficiary of Global Travel Demand Due to High Readiness Compared to RivalsThe global aviation sector has recently endured one of the most challenging geopolitical crises, driven by the conflict associated with Iran, which directly impacted flight operations...

The Economy of the UAE is Preparing for Significant Growth Surges

The economy of the UAE is poised for significant growth following the announcement of a ceasefire between the United States and Iran, reaffirming the country's status as one of the world's key economic hubs.This resurgence is particularly evident in...

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