#2024
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
With plans to attract over 3.5 million annual visitors by 2030, the emirate is on track to achieve its ambitious goals
As the UAE real estate market continues to evolve, both cities are showing resilience and growth, positioning the region as a dynamic and attractive destination for global investors
The CBUAE’s economic review concludes that the UAE’s economy is on a steady growth trajectory, with strong contributions from both the oil and non-oil sectors
The past decade (2015-2024) is now officially the warmest on record, with 2024 poised to exceed the record set by 2023, a WMO report showed
The MENA region’s M&A landscape in 2024 highlights a growing appetite for cross-border transactions, sectoral diversification, and a shift towards sustainable, digital-first investments
Here’s your guide to making the most of the Dubai Fitness Challenge to jumpstart your wellness journey
The mega sale will take place on June 28 from 10am until 10pm, with exclusive discounts of up to 90 per cent across more than 100 brands
Saudi Arabia, Egypt, India and UAE remain the top travel destinations in 2024, revealed Wego, the online travel marketplace and travel app
The regional advertising market is predicted to surge by 6.2 per cent in 2024, reaching a value of $6.9bn
The announcement reaffirms the nation’s commitment to establishing a sustainable and prosperous future for its people
Qatar will welcome football fans from around the region for the AFC Asian Cup being held from January 12 – February 10 this year
The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities
Priority Pass operator Collinson shares that from backpacking to wellness retreats, the rise in holidays that enable travellers to get back to basics is undeniable
Etihad Airways commenced daily flights from Abu Dhabi to Kozhikode and Thiruvananthapuram in Kerala on January 1
From January 1, 2025, single-use plastic products, including items such as plastic stirrers, table covers, cups, styrofoam food containers, plastic straws, and plastic cotton swabs, will also be prohibited
The Kimberley Process is a key United Nations initiative tasked with curbing the entry of conflict diamonds into the mainstream rough diamond market
The 34-match tournament will be held in stadiums in Abu Dhabi, Dubai and Sharjah from January 19 to February 18, 2024