DUBAI, 9th September, 2024 (WAM) — The UAE has made significant strides in global real estate market transparency, with Dubai and Abu Dhabi securing a place among the top 5 improvers in the transparency score globally, according to JLL’s 2024 Global Real Estate Transparency Index (GRETI).
Dubai, Abu Dhabi rise in global real estate transparency index
Dubai and Abu Dhabi have continued to enhance their data and service offerings through the REST and DARI platforms …
The top five telco-born ‘tech-cos’ in the world
Prompted by some weird PR opportunism by Telefónica, six months late, RCR has returned to the original Omdia review to count-down the top telcos for digital reinvention.
Angola critical minerals are key investment amid growing UAE ties
The UAE’s investments in Angola are expected to increase in sectors such as mining and critical minerals, energy transition, maritime logistics and agriculture as the two countries continue to …
Dubai real estate: Property sales hit $10.4bn in August, says new report
Dubai’s property market continues to excel, with prices reaching a record AED1,431 per square foot, an 18 percent increase from last year. August saw 15,000 sales transactions totalling AED38.55 …
UAE shoppers splurge $3.8bn on FMCG and Tech in Q2
According to the new insights from the NIQ Retail Spend Barometer, which has been powered by GfK intelligence, UAE shoppers spent $2.3 billion on FMCG and $1.5 billion on Tech & Durable products in Q2 …
ADQ establishes Q Mobility to run Abu Dhabi tolls and parking system
The company was established following the announcement that ADQ is taking over the running of DARB and parking system Mawaqif …
Dubai real estate analysts reveal forecasts after property sales jump 31%
Dubai real estate analysts say there will be strong sales figures, increasing property values, and rapid absorption of new inventory in the rest of 2024 …
UAE emerges as key player in global development, strengthens role in China’s Belt and Road Initiative
The United Arab Emirates has emerged as a key player in regional and global development driven by its visionary leadership strategic location and f …
RAKBANK marks milestone with its first Central Bank Digital Currency transfer via mBridge
RAKBANK has become one of the first banks in the UAE to execute a cross-border Central Bank Digital Currency (CBDC) payment using mBridge …
UAE Weather: Red Alert Issued As Dense Fog Covered Several Parts Of The Country
Motorists in some parts of UAE drove at a snail’s pace on Tuesday morning due to massive fog formation. The Meteorological Department issued a red alert indicating severe fog with visibility dropping …
UAE: Dubai property market set for sales rise in 2024/2025
Dubai’s real estate market is on track for another strong year in 2024, with record sales volumes and values. In July 2024, property sales reached an impressive AED49.6 billion ($13.5 billion), …
Sharjah Ruler Approves Plan To Build, Replace 100 Mosques Across City
Under the approved plan by sheikh Dr Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, 100 mosques across Sharjah will be build and replaced in different areas. The project …
UAE: 12-year-old Palestinian chef goes viral with his cooking ‘twists’, unique recipes
Now, the 12-year-old Palestinian based in Dubai, is going viral on Instagram for his culinary … He said his aim is to start his own restaurant business. “I started a small business in my school …
Dubai princess launches new perfume after publicly divorcing her husband. It’s called…
The princess of Dubai is all set to launch a new line of perfumes, named “Divorce,” under her brand Mahra M1. Sheikha Mahra Al Maktoum, the 30-year-old daughter of Dubai ruler Mohammed bin Rashid Al …
Blue and B*Witched coming to Dubai as The Irish Village celebrates 28th birthday
Legendary girl group B*Witched and noughties boyband Blue are among headliners at new events at The Irish Village. The iconic Al Garhoud venue will first celebrate its 28th birthday with Kezia Gill, …
UAE visa amnesty means schooling, healthcare for children of illegal residents
Under the two-month grace period, undocumented expats don’t need to pay overstay fines and exit fees when leaving the country …