2024

The United Arab Emirates and Qatar lead the GCC in international air traffic, bolstered by world-class carriers like Emirates and Qatar Airways

Emaar’s financial results for 2024 reflected strong operational performance and continued growth across its key business segments

In 2024 the committee paid 68 per cent of the maximum bonus amount, which was not disclosed by the bank, lower than in the previous two years

The company’s Board of Directors proposed a dividend of Dhs619.8m, which is to be paid in the first half of 2025 (H1)

Saudi Arabia also remained a prime investment hub, contributing to a combined 318 deals with the UAE, valued at $29.6bn

Dubai saw the highest growth in visitor numbers from North East and South East Asia (24 per cent), followed by Africa (20 per cent) and CIS and Eastern Europe (16 per cent)

Total residential sales transactions surged by 40.3 per cent to 170,992 units in 2024, more than five times the number recorded in 2020, the report showed

This development reflects Dubai’s role as a global business hub and the chamber’s support of its economic growth through strategic international collaborations

This is an increase of around 6 per cent from 2023 levels

The number of new investors joining the sector reached 110,000, a remarkable 55 per cent increase, further solidifying Dubai’s standing as a premier global investment hub