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…
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…
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…
Staff Writers: Gulf News May 18, 2024 The UAE Cabinet approved a new long-term residency visa – the ‘Blue Residency’, for individuals who have made contributions in the environmental field. The new visa reflects the UAE’s aim to enhance climate…
Staff Writers: Khaleej Times March 30, 2024 With 24 billionaires, the UAE is ranked 22nd among countries hosting global ultra-high net worth individuals, according to the 2024 Hurun Global Rich List released this week. In terms of cities, Dubai ranked 28th…
Staff Writer: Gulf Business February 14, 2024 Six countries now share the top spot with visa-free access to a record-breaking number of destinations on the 2024 Henley Passport Index. The index, based on exclusive and official data from IATA, ranks all the…
Staff Writer: WAM (Emirates News Agency) January 31, 2024 Dubai real estate market recorded 530 real estate transactions worth AED2.35 billion, in addition to 135 mortgage deals of AED564.27 million, and 55 gift deals amounting to AED180.68 million on Tuesday,…
Staff Writer: WAM (Emirates News Agency) January 24, 2024 Dubai’s real estate market recorded 510 sales transactions worth AED1.36 billion on Tuesday, in addition to 210 mortgage deals totalling AED1.95 billion, and 30 gift deals amounting to AED165.56 million, data…