The establishment of Yiwu Market, the product of a collaboration between DP World and the China Commodity City Group, was done so in order to support the UAE's ambitions to relieve supply chain constraints during the coronavirus outbreak. The market...
Dubai announced plans to list Tecom Group on the Dubai Financial Market (DFM) by July 5 and sell a 12.5% share in the company through an IPO. The Tecom Group intends to offer 625 million ordinary shares on the DFM,...
Abu Dhabi plans to invest extensively in its cultural and creative sectors over the next five years in order to diversify its economy away from oil, create new employment, and attract talent. The aim is to unite the traditional elements of...
In comparison to 2020, apartment sales prices and rents increased by 20% and 10%, respectively. In the fourth quarter of 2021, prices for villas and townhouses in Dubai increased significantly as the emirate's property market recovered from the effects of...
Looking for some profitable real estate options? Maybe you should give Dubai a serious thought. If reports from Airbnb the global housing network is anything to go by then landlords with properties near Burj Khalifa can make some serious cash...
Welcome to the new age of real estate and property development. With the world moving every fathomable entity into a digital or ‘virtual’ format why must the real estate sector be left behind? Damac, one of Dubai’s top property developers announced...
It is interesting to see how some Dubai Luxury Properties have been getting cheaper over time, in a world where expensive real estate is the norm. The average cost of desired locations in Dubai fell by 6% during Q1 of...
The current events of the world had marked the change from a dollar-based global economy to commodity-backed currencies. The ending of the financially based system is being hastened by geopolitical developments. The west is trying to sanction Russia into economic...
Abu Dhabi has announced data that reflects the rapid growth in most of Abu Dhabi's oil and non-oil activities in 2021. This underscores the effectiveness of economic policies and the robustness of Abu Dhabi's local economy. It also implements its...
Emirati property magnate Hussain Sajwani is very excited after a record start to the year for Dubai’s property market. The experienced real estate developer told CNBC, “Dubai is doing very well. The way Dubai handled Covid was a key factor in...
