Dubai real estate

Unstoppable? Dubai’s property market surges 30% in 2024

Dubai’s high rental yields, easy real estate financing, and accessible residency visas are factors driving property ownership over renting

Aramco - oil supply to China

Saudi crude oil supply to China to rebound in August, regain market share

Saudi exports to China had tumbled in June, to 1.12 million barrels per day, the lowest since March 2020

Yaser Shabsogh, VP Commercial Operations at Kia MEA

Kia MEA’s VP on factors driving the auto brand’s regional growth

The VP of Commercial Operations at Kia Middle East says the company’s mid to long-term business strategy will heavily focus on electrification, which is reflected in its updated annual 2030 sales target of 4.3 million units

Riyadh Air, Delta Air Lines unveil strategic partnership

Riyadh Air partners with Delta Air Lines to expand global network

The deal includes interline and codeshare connectivity, enhanced loyalty programs, improved customer experience and digital transformation initiatives

Egypt-GettyImages-520265584-e1703142282632

Egypt’s SKG signs $500m real estate development deal with UAE’s KSH

The deal includes three residential towers and a five-star hotel in an area overlooking the Nile’s Warraq Island

Riyadh named among top 15 cities in Savills growth hubs index GettyImages

Riyadh ranks among the top 15 fastest-developing cities, shows index

Riyadh is the only non-Asian city featured in Savills Growth Hubs Index and its potential is linked to a forecasted 26 per cent population growth

Sir Keir Starmer’s grammar school to open campus in Sharjah

Keir Starmer’s old school, Reigate Grammar, is opening a new campus in Sharjah’s Masaar megaproject.

How Pure Gold is crafting Dubai’s real estate legacy

Karim Merchant: Crafting a lasting legacy in Dubai’s property market

Pure Gold Group’s managing director and CEO shares how he’s leveraging the group’s 35 years of history to shape a legacy in Dubai’s booming real estate market

Dubai Green Spine Image courtesy Urb

Dubai’s 64km Green Spine: Solar-powered trams, 300MW system touted for E311 route

At the core of the Dubai Green Spine project are 100 per cent solar-powered trams, supported by a substantial 300-megawatt solar energy system

retirement

5 strategic steps to help you achieve an early and a secure retirement

Regular saving, prudent spending, and smart investing not only boost your retirement fund but also enhance your overall financial health

Agthia expands footprint with new Saudi facility

Agthia expands footprint with Dhs90m manufacturing facility in Saudi Arabia

The new facility underscores the group’s strategic vision to tap into the vast growth opportunities in the GCC region’s largest market

Dubal and BiOD to support circular economy. Image for illustrative purposes Getty Images

DUBAL Holding acquires equity stake in BiOD Technology

BiOD Technology is known for converting used cooking oils and palm oil mill effluent into clean biodiesel

Santos

Saudi Aramco refutes speculation on Santos bid

Adelaide-based Santos is among Australia’s top three producers of liquified natural gas

Murban

Record-breaking trading activity for UAE’s Murban Crude

The platform’s extensive reach allows investors from multiple jurisdictions to participate in trading the Murban Crude oil futures

From bricks to big plans, LEGOLAND Dubai Resort's Tim Harrison-Jones shares details

From bricks to big plans, LEGOLAND Dubai Resort’s Tim Harrison-Jones shares details

The general manager of LEGOLAND Dubai Resort tells us why the destination remains a favourite with guests of all ages from across the world

Saudi Aramco returns to debt market with three-tranche dollar bond sale

Saudi Aramco returns to debt market with three-tranche dollar bond sale

GCC companies and governments have rushed to tap debt markets since the start of the year to take advantage of recent falls in global interest rate

New 24 Fintech summit to debut in Riyadh this September

The 24 Fintech summit will feature more than 200 expert speakers who will address pressing finance industry issues.

Qatari lender QNB’s net profit rises by 7% in H1 2024

GCC’s biggest bank QNB reports 7% rise in half-year net profit

The banking group had QAR1.3tn in total assets in the six months ending June 30, a 5 per cent increase compared to the same period a year ago

Saudi-backed EV maker Lucid beats quarterly deliveries estimates

Lucid delivered 2,394 vehicles in the quarter ended June 30, above estimates of 1,940 units.

Ram Buxani’s fascinating 1959 journey to Dubai: Retold in this excerpt from his autobiography

In his book, Ram Buxani recounts his journey to Dubai in 1959 as an 18-year-old, beginning his career as an office clerk at ITL.

Abu Dhabi: ADX lists Lunate's Chimera JP Global Sukuk ETF

Lunate’s Chimera J.P. Morgan Global Sukuk ETF lists on ADX

The ETF offers investors access to a diversified portfolio of Shariah-compliant corporate and government sukuks across several global markets

Lunate receives MoHRE, SCA initial nod to offer EoSB solutions

Lunate receives MoHRE, SCA initial nod to offer EoSB investment offerings

Lunate has become the first Abu Dhabi-based fund manager and administrator of the UAE’s voluntary alternative EoSB scheme through the newly licensed Lunate EoSB Fund

RTA introduces 2 new bus routes Image RTA _ X

Dubai: These two new bus routes enhance RTA network

The DA2 route, with a two-hour frequency, begins its first journey from DAMAC Hills at 5:47 am and continues until 9:32 pm daily. Both routes are priced at Dhs5 per journey

Saudi's PIF boosts stake in Saudi Re with $114m investment

Saudi’s PIF boosts stake in Saudi Re with $114m investment

Saudi Re plans to raise its capital by SAR267.3m ($71m) through this strategic subscription agreement with the kingdom’s sovereign fund

Dubai Prime Properties demand and supply q2 2024, - Knight frank Image: Getty Images

Prime properties: 190 deals over $10m recorded Dubai in H1; supply drops

Knight Frank says the dramatic rise in demand and corresponding supply crunch in the prime residential market reflect Dubai’s growing appeal among the global elite

Iconic Indian businessman Ram Buxani passes away in Dubai

Over a long and illustrious career, Buxani would rise to become chairman of Cosmos ITL group and a highly respected member of the UAE community.

Jebel Ali Beach Development Project gets green light; see details

Jebel Ali Beach Development Project gets green light: see details

The project aims to create a unique recreational beachfront with an emphasis on protecting the environment and supporting sustainability and eco-tourism goals

Hamid Hosseini, Head of ESG, IFZA on Elevating corporate sustainability to create impact

Elevating corporate sustainability to create impact

Effectively incorporating sustainability requires taking note of customer needs and building a reputation as responsible corporate citizens fostering positive change

Dubai Tourism's Issam Kazim on showcasing Brand Dubai

Dubai’s tourism triumph: Issam Kazim on the strategy driving Brand Dubai

The CEO of Dubai Corporation for Tourism & Commerce Marketing, shares the strategies, innovations and vision that continue to drive Dubai’s success as the world’s top tourist destination

UAE-Japan sign MOUs

UAE, Japan strengthen strategic partnership, sign MoUs

The two sides reviewed the Comprehensive Strategic Partnership Initiative, focusing on joint projects aimed at sustainable economic growth