#Dubai

Dubai hosted 17 million international visitors in 2023

Dubai welcomed 17 million international visitors in 2023

The tourism sector’s performance closely parallels Dubai’s 3.3 per cent GDP growth in the first nine months of 2023

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

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

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

DIEZ unveils Dhs500m venture fund to finance tech startups

Dubai unveils Dhs500m growth initiative to support SMEs

The initiative is open to all SMEs founded in Dubai and is designed to empower businesses to expand internationally

Sharjah real estate

The secret to succeeding in the UAE’s competitive real estate landscape

The UAE’s real estate sector presents multiple avenues for success, but before entering the market investors must weigh various aspects based on past and present growth patterns as well as future prospects

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.

UAE President establishes AI and Advanced Technology Council

UAE President establishes AI and Advanced Technology Council

The council will contribute to the continued development and prosperity of the post-hydrocarbon economy

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

Royal Caribbean, MSC suspend cruises due to Red Sea woes

Royal Caribbean, MSC cancel cruises due to Red Sea crisis

The Red Sea crisis has slowed trade between Asia and Europe and raised concerns about an escalation of the conflict between Israel and Hamas in Gaza

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

Saudi Tadawul Group acquires 32.6% stake in Dubai Mercantile Exchange

Saudi Tadawul Group acquires 32.6% stake in Dubai Mercantile Exchange

The trading platform will be rebranded the Gulf Mercantile Exchange and expand in energy, metals and agricultural products as part of the deal

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

UAE economy to grow by 5% in 2024

UAE economy to grow by 5% in 2024, says S&P Global

The rating agency is projecting continued strong momentum in Dubai’s hospitality, and financial services sectors to drive growth in 2024/25

Work kicks off on new luxury Baccarat Hotel and Residences Dubai Image Supplied

Work kicks off on new luxury Baccarat Hotel and Residences Dubai

Award-winning architects Studio Libeskind and interior design studio 1508 London led by H&H Development will oversee the design

Bid baggage hassles bye: Saudi Arabia's new luggage service, other services in UAE Image Getty mages

Saudi’s new ‘passengers with no bags’ service — what you need to know

The ‘Passengers with No Bags’ service has been launched across domestic and international Saudi airports, enabling travellers to ship their luggage ahead from home to any destination

DEWA commissions 1,414 substations in 2023

DEWA commissions 1,414 distribution substations in 2023

The number of medium voltage substations (11kV and 6.6kV) reached 44,015 stations by the end of the year

Some roads in Dubai will have new names here's why

You will soon be able to suggest new names for Dubai roads, here’s how

Steps to engage and involve community members and accept proposals from them for new road names will start in the upcoming phases of the initiative

DIFC to organise hedge fund event in May Image WAM DIFC

Dubai: DIFC, HFM partner to launch region’s first hedge fund event in May

The invitation-only event will provide attendees with insightful content sessions, interactive roundtables and integrated networking activities

Kanoo Group

Dubai named world’s best destination by Tripadvisor, yet again

Dubai, for a third year in a row, has been voted the world’s best travel destination by users of the travel app

ALDAR LOGISTICS

Aldar Properties invests Dhs1bn to expand logistics portfolio

The developer has acquired 7 Central logistics hub from Seven Seas Steel Industries in Dubai Investments Park, with an adjacent plot to build further logistics

Dubai real estate rent

5 of the most affordable places to live in Dubai

Despite the continuing upward trajectory of the rental market in Dubai, certain communities continue to remain affordable for the average family in the city.

Dubai World Trade Centre Authority Free Zone sees 250% growth in H1 Image Dubai Media Office DWTCA

Asia wealth managers flock to Dubai as clients look to diversify

A growing number of wealth managers in Asia are setting up offices in Dubai to capitalise on the city’s interconnectedness

end-of-service gratuity

Sheikh Mohammed on why families are crucial for Dubai

The government allocated Dhs88bn to community development, a 3.4 times increase compared to Dhs26bn for the past decade

single-use plastic ban starts on Jan 1

Dubai ban on single-use plastic bags begins; more products to be added in 2025-26

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