#Dubai

Real Estate Moguls: Imran Farooq, CEO, Samana Developers Image Supplied

Real Estate Moguls: Meet Imran Farooq, CEO of Samana Developers

Farooq’s leadership philosophy is embodied in SAMANA Developers’ “On Time, Every Time” commitment, a cornerstone of its success

UAE

UAE’s property market shows no sign of cooling off, says CBRE

The average residential prices in Dubai surged by 20.1 per cent in the year to December, with apartment prices rising by 19.8 per cent

Binghatti marks successful $300m sukuk issuance

Dubai’s Binghatti celebrates successful $300m sukuk issuance

The issuance marks the first real estate benchmark US dollar-denominated sukuk from the MENA region in 2024

Meet Hassan El Shazly, CEO of Sodic Properties

Real Estate Moguls: Meet Hassan El Shazly, CEO of Sodic Properties

The company’s presence in the bustling Business Bay district has not only contributed to its success but is also playing a pivotal role in shaping Dubai’s skyline

al khail road enhancement announced

Dubai: RTA announces Dhs700m upgrade to Al Khail Road

The project will expand the capacity of current intersections and bridges by approximately 19,600 vehicles per hour to streamline the traffic flow along Al Khail Road

Dhariwal is expanding his ventures to Dubai

Real Estate Moguls: Meet Amit Dhariwal, managing partner, Hridaan Realty

Dhariwal is expanding his entrepreneurial reach to Dubai to replicate the success and excellence achieved in India

In numbers: Dubai registers 1.5 million food products in 2023 Getty Images For illustrative purposes

In numbers: Dubai registers 1.5 million food products in 2023

Dubai Municipality conducted a 65,230 inspections across over 26,000 registered food institutions in 2023

Abdullah Alajaji on how Driven Properties is scaling new heights

Real Estate Moguls: Meet Abdullah Alajaji founder & CEO of Driven Properties

Being part of Forbes Global Properties highlights Driven Properties’ exceptional track record in the luxury real estate sector

Fastex

Fastex announces opening of its new office at Dubai World Trade Center’s One Central

The expansion and the location demonstrate Fastex’s dedication to growth and integration within the Dubai business landscape

DXB passeger traffic hits-87 million -Image-Dubai-Airports

DXB sees passenger traffic soar in 2023, welcomes 86.9 million travellers

DXB is poised for continued growth in 2024, with initial forecasts anticipating 88.8 million guests

DIFC company registrations surge by 34% in 2023

DIFC says company registrations rose by 34% in 2023

The financial hub said 1,451 new companies commenced operations in the centre last year, the highest number of new registrations in 20 years

Dubai prime

Why you should invest in Dubai’s real estate: 11 advantages

As global markets navigate economic uncertainty, Dubai’s growing real estate market is proving to be a safe haven in times of turbulence

Dubai among top cities to see high growth in prime residential property in 2024

Here’s why Dubai prime properties will continue to see high returns in 2024: Savills

Dubai led prime residential capital value growth, increasing 17.4 per cent in 2023, versus the average 2.2 per cent across the 30 cities monitored by Savills

sultan al neyadi

World Governments Summit Day 3: Shah Rukh Khan, Sultan Al Neyadi, Hatem Dowidar on stage

Global leaders in sectors such as space, entertainment and tech will speak on Day 3 of the World Governments Summit

Dubai hosts world’s first rooftop proposal

Love took a flight: DXB hosts world’s first rooftop proposal

Anastasiia and Dmitry scaled the roof of Concourse B at DXB to profess their love against the unparalleled views of the Dubai skyline

Dubai unlocks Dhs500m to fuel SME growth, here's how firms can apply Image-credit-WAM

Dubai unlocks Dhs500m to fuel SME growth, here’s how firms can apply

A dedicated specialist will conduct a comprehensive review of the applicants’ business followed by the joint steering committee’s review for inclusion in the initiative

Empower’s annual revenue up 8.7% in 2023

UAE’s Empower posts Dhs3bn in full-year revenue

The Dubai-listed firm proposed a final dividend of Dhs425m for 2023, which will be paid by April 2024

World Governments Summit

World Governments Summit Day 1: Nvidia’s Jensen Huang in Dubai

The 11th edition of the annual conference is expected to see participation from multiple countries and businesses

Dubai’s RTA, Joby partner to launch flying taxis by 2026

Flying taxis to connect DXB, Palm Jumeirah by 2026

A partnership between the RTA and Joby could see passengers being flown at speeds of up to 322km per hour between DXB and Palm Jumeriah

remote work - UAE RAINS / UNSTABLE WEATHER

UAE rains: Remote work for public sector workers on February 12

The meteorological authority has issued an advisory urging residents to observe safety protocols, particularly in areas prone to heavy rainfall

DEWA posts Dhs29.2bn in full-year profit

DEWA’s full-year revenue jumps 7% on water, electricity demand

The system demand for power surged to 56.5 TWh in 2023 while water demand grew by 5.2 per cent to reach 144.1 billion imperial gallons

In numbers: Dubai real estate registers best-ever performance in 2023

The value of real estate transactions exceeded Dhs634bn with the number of transactions reaching over 166,400 real estate transactions in 2023

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