With more people settling in Dubai long-term, homeownership has become an increasingly attractive option for those who can afford it …
Dubai’s Pantheon Development set to unveil AED 1bn project in RAK
Spanning an impressive 450,000 sq. ft., the development will feature 312 residential apartments, a Grade A office building, and hotel apartments …
UAE Property: ‘Do I receive a golden visa for buying real estate?’
Question: I am interested in getting a UAE golden visa through property investment. What is the minimum value of property that I should buy to be eligible to apply for a golden visa? Are there any …
Dubai real estate on course to pass AED500bln milestone in 2024
Based on average monthly sales for the year to date of AED43.56 billion, the final value of sales in 2024 could soar past the AED500 billion milestone as Dubai real estate continues to attract waves …
Dubai real estate: Maria Morris Global sets new record for a super-prime villa sale in Al Barari
Maria Morris Global, Dubai-based leading luxury real estate brokerage, announced the sale of La Maison Amal, a super-prime villa located in Al Barari, for a record sales price. The financial details …
Saudi Venture Capital invests $20mln in Dubai-based BECO Capital’s fund
The investment in Booster Fund IV, which is managed by Dubai-based venture firm BECO Capital with $495 million in assets under management (AUM), is in line with the strategy to support start-ups in …
How to gather the down payment to buy your first UAE property
Many UAE residents aim to climb the property ladder but, while a plethora of finance plans are available, saving for the down payment can be challenging. It is worth exploring all options, including …
Lulu generates demand for $37 billion, becomes largest IPO in UAE this year
The final offer price for Lulu shares was set at AED 2.04 per share, raising a total of $1.72 billion (AED 6.32 billion), making it the largest IPO in the UAE in 2024 to date. Lulu Retail’s shares …
UAE’s banking sector net international reserves up 11% to AED1.273 trillion by end July-24
ABU DHABI, 6th November, 2024 (WAM) — Net international reserves of the UAE’s banking sector increased by 11.1%, or AED127.5 billion, during the first seven months of 2024, reaching AED1.273 trillion …
Dubai: Gold prices plunge Dh10 per gram, 22K drops below Dh299 per gram
Gold prices inched higher in Dubai on Thursday morning after plunging nearly Dh10 per gram since Monday night as global rates plunged after the US dollar rallied due to Donald Trump’s victory in the …
Dubai’s commercial office market sees big rental surge in Q3
City’s real estate landscape is more competitive than ever, positioning Dubai as a top global business destination …
The UAE’s Energy Edge: Fueling the Artificial Intelligence Revolution
Artificial Intelligence, once the domain of algorithms and abstract data sets, now stands at the heart of an unprecedented global shift. But the AI revolution has a hidden engine: energy. As BlackRock …
Jawaher Al Qasimi Highlights Sharjah’s Disability Care
Her Highness Sheikha Jawaher bint Mohammed Al Qasimi, wife of the Ruler of Sharjah and Chairperson of the Supreme Council for Family Affairs, recently reaffirmed the Emirate’s dedication to creating …
ADNOC lets contract to expand large 3D seismic survey across Abu Dhabi
ADNOC let a contract to a subsidiary of CNPC, worth up to $490 million to expand the scope of a combined 3D onshore and offshore seismic survey currently under way in the …
Sharjah Ruler opens 43rd annual Sharjah International Book Fair
H.H. Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, inaugurated on Wednesday, the 43rd edition of the Sharjah International Book Fair, organised by the Sharjah …
Sharjah: ‘Alf Laila’, rare 1608 manuscripts among books up for sale at SIBF 2024
Rare and valuable manuscripts, including an original edition of ‘Alf Laila wa Laila’, are up for sale at the Sharjah International Book Fair (SIBF) 2024. The total price tag is up to Dh2.5 million.
UAE weather: Red, yellow alerts issued over fog for some areas in Abu Dhabi
Some residents, especially those in Abu Dhabi, woke up to foggy, hazy weather this morning. The Met department issued red and yellow alerts for most parts ..