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7 reasons why investors can't resist Dubai's real estate sector by Espace's John Lyons

Seven reasons why investors can’t resist Dubai’s real estate sector

High rental yields, demand for luxury homes and return on investments, here’s why investing in Dubai’s property market is appealing, explains Espace Real Estate’s MD

DFSA issues first ESG fee waiver to Emirates NBD

DFSA issues first ESG fee waiver to Emirates NBD

The waiver applies to all new and repeat issuers who make a relevant application to the financial regulator

Microsoft and DET sign deal to drive innovation in Dubai GettyImages

Dubai, Microsoft partner to power emirate’s digital economy

The joint effort will focus on logistics, technology enablement and adoption within the SME and education sectors

Sheikh Hamdan attends groundbreaking ceremony of the Hamdan Bin Rashid Cancer Hospital, part of @DubaiHealthae the hospital which is set to open in 2026 image courtesy www.hamdan.ae

Dubai breaks ground on landmark cancer hospital

The cancer hospital slated to open in 2026 marks a significant step toward providing advanced and accessible treatment for the disease in the UAE

Dubai real estate

Dubai real estate powers through January 2024 with Dhs35bn in sales

Off-plan sales grew by 25 per cent year-on-year in January as Dubai’s real estate sector continued to perform well in the new year

Sir Tim Clark Emirates Airlines - Boeing

Sir Tim Clark says Boeing in ‘last chance saloon’ — FT report

Clark made the comments to the Financial Times as he is reportedly preparing to send Emirates engineers to Boeing to oversee its 777 production lines

NWTN facility at KEZAD

Dubai-linked EV deal paused amid China Evergrande liquidation

China Evergrande New Energy Vehicle has suspended negotiations regarding a share subscription agreement with Dubai-based mobility firm NWTN

Sheikh Mohammed - bureaucracy

Zero red tape: Dubai’s Sheikh Mohammed eyes slashing bureaucracy

The programme will work to reduce the duration of government services by 50 per cent and re-engineer hundreds of government services

GCC markets update

GCC markets update: QE, DFM and Tadawul

Follow our live blog below to stay abreast of news and updates across the GCC markets

DUBAI SCHOOLS EID AL FITR BREAK: Winter break - Image-courtesy-KHDA

Sheikh Hamdan approves Dhs530m ‘Dubai Schools’ 6,400 seat expansion

This move is expected to result in the addition of over 6,400 seats, accompanied by the establishment of 295 classrooms and 123 laboratories and specialised classrooms

Emirates Literature Festival

Emirates Literature Festival 2024: A celebration of stories, books and people

Known as the region’s largest celebration of the written and spoken word, the festival has for over a decade and a half, hosted international and regional writers, poets, thinkers, and speakers from around the globe

Mashreq posts 130% rise in full-year profit

Mashreq’s annual profit surges to record on higher net income

The bank’s non-interest income reached Dhs3.1bn in 2023, up 13 per cent compared to the previous year

Decoding the anatomy of a Dhs600m Dubai property price tag

Earlier this year, Raffles The Palm Dubai announced the listing of the emirate’s most expensive penthouse. We talk to the team behind the listing to explain its valuation.

nol-card-metro

Dubai’s RTA invests Dhs350m to upgrade nol system

The upgrading of the nol system is one of the key deliverables of RTA’s Digital Strategy Roadmap 2023-2030 launched last December

UAE rainfall sparks weather hazard warnings

Rain has fallen in parts of the UAE on Sunday morning as authorities have warned the public to be careful of potential hazards

Emirates NBD posts Dhs21.5bn in full-year profit

Dubai’s Emirates NBD posts 65% rise in 2023 earnings

The Dubai-based lender proposed a dividend of 120 fils per share for last year, doubling the amount paid to shareholders in 2022

UAE Golden Visa - Getty Images

UAE Golden Visa: Dubai makes major change to property down payment requirement

The UAE introduced the golden visa programme to allow for a 10-year residency to encourage exceptional individuals and foreign investors to establish deeper ties to the country.

Mercedes Benz Places by Binghatti unveiled Image Supplied

Binghatti unveils first Mercedes-Benz branded residential tower, here are the details

The residences will showcase mixed-use facilities comprising restaurants, sports and wellness zones, lounges, non-automotive retail, exhibition spaces, and parking

Dubai Financial Services Authority registers 117 firms in 2023, reflects 25% YoY growth Image WAM

Dubai Financial Services Authority registered 117 firms in 2023, reflecting 25% growth

The regulator licenced and registered a record-breaking 117 firms during the 12 months. This reflected an increase of 25 per cent from the previous year.

MBRAH at Dubai South reords highest ever private jet movements Image dubai media office

Private jet traffic soars at Mohammed bin Rashid Aerospace Hub

The number registered was 16,657 movements, a growth of 8 per cent over 2022, reflecting the highest movements achieved so far in the emirate

Sheikh Hamdan dubai

Sheikh Hamdan launches Dhs1.1bn scholarship programme for students

The programme, which will fund 100 Emirati students annually, will start accepting applications in April for the 2024-2025 academic year

Holiday Inn Dubai Business Bay - Reception

Holiday Inn Dubai Business Bay now open, debuts open lobby concept

Set in one of the most central areas of the city, the Holiday Inn Business Bay is an ideal choice for corporate and leisure travellers looking for easy access to Dubai’s business and recreational landmarks

Dubai D33 agenda on track, GDP growth rises 3.3% from Jan-Sep 2023

Accommodation and food services activities witnessed a strong 11.1 per cent growth in the first nine months of the year

Road-toll operator Salik to build two new toll gates in Dubai

This is where Dubai’s new Salik gates will be located

The two gates will be located at Business Bay Crossing on Al Khail Road, and Al Safa South on Sheikh Zayed Road

RTA inks MOUs to dvelop new rail system Image WAM Urban.Mass RTA

Dubai eyes solar-powered rail buses in future transport mix

Two MoUs were signed with two companies that specialise in developing and manufacturing transportation systems, as well as designing mass transportation solutions for zero emissions

Dubai news _Yousuf Lootah Head of DET Environmental Sustainability Social Responsibility Committee at the award ceremony for DET's DST stamp initiative Image Supplied

Dubai Sustainable Tourism Stamp: DET awards 70 hotels; see list

Dubai is the first city in the region to mandate sustainability criteria for its hotel classification system, with the DST initiative further reinforces its drive to become a leading sustainable destination

Sheikh Hamdan launches ‘Dubai Integrated Housing Center’

Sheikh Hamdan launches ‘Dubai Integrated Housing Center’. Here’s why

The centre addresses the diverse needs of citizens, with a specific focus on housing, construction and land services

Dubai wealth fund unveils new logo in rebranding push

Dubai wealth fund unveils new logo in rebranding push

The fund is chaired by Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of The Executive Council of Dubai

OKX receives VASP licence from Dusai’s VARA

Crypto exchange OKX secures VASP licence from Dubai’s VARA

When operational, the licence will enable the company to provide spot services and spot-pairs services to qualified retail clients

China Construction Bank’s $600m green bond listed in Dubai

China Construction Bank lists $600m green bond on Nasdaq Dubai

The total value of bonds listed on Nasdaq Dubai by the lender, comprising the issuances by Hong Kong and Dubai branches, now stands at $2.45bn