The UAE has vaulted past the United States to claim the second spot in the world for the number of supertall skyscrapers — those rising above 300 metres — according to the latest global rankings released by the Council on…
Authorities have consistently debunked claims suggesting lifetime residency or the possibility of securing long-term visas through cryptocurrency investments, warning residents not to be misled by such misinformation. The Federal Authority for Identity, Citizenship, Customs and Port Security (ICP) has clarified…
Dubai Tokenised property has been fully funded within a day, reflecting exceptionally strong demand from small investors. The property attracted 224 investors from over 40 nationalities, with an average investment amount of Dh10,714. Dubai Land On May 25, the Department…
DUBAI – The UAE’s payments industry is poised to achieve significant growth, with total UAE Payment revenues projected to reach $27.3 billion by 2028, according to the latest Global Payments Report 2024 by Boston Consulting Group (BCG). Despite a global…
The UAE’s Artificial Intelligence market is set to grow from $3.47 billion last year to a staggering $46.3 billion by 2030, with the sector forecasted to contribute 14% to the country’s GDP by 2030, equating to approximately $100 billion, said…
UAE-based real estate developer Prestige One Developments is expected to nearly double its portfolio in 2025 with the launch of 11 new projects in the Emirates. This expanded pipeline will include a series of residential developments across Palm Jumeirah, Business…
The UAE’s commercial property market is undergoing a profound transformation, with the country’s appeal to international businesses stronger than ever. In the first half of 2024, about 34,075 new companies registered in Dubai, marking a 5 per cent increase year on…
Abu Dhabi’s biggest real estate developer Aldar has purchased a commercial tower for Dh2.3 billion ($626 million) at the Dubai International Financial Centre amid higher demand for office space in Dubai. Aldar acquired the 40-storey tower, due for completion in 2028, from H…
Ras Al Khaimah is a good second option for people looking for holiday homes as beachfront properties’ prices there are still much cheaper than other sea-facing popular places in the UAE, a senior industry executive said. The northern emirate’s property…
Staff Writers: Gulf News May 24, 2024 Dubai: Planning to visit the UAE for a quick summer break? If you are travelling to the country on a tourist or visit visa, what are the documents you need to carry, apart from…