Dubai Holding kicks off residential REIT IPO

DUBAI – Dubai Holding, an investment conglomerate owned by the city’s ruler, said on Monday it plans to list a residential leasing-focused real-estate investment trust (REIT), in the first initial …

MGM Tower in Dubai Set to Open by 2027

The upcoming MGM Tower in Dubai is making steady progress and is now five floors up, according to MGM Resorts International CEO William Hornbuckle. The project is expected to be completed by the third …

Dubai Traffic This Morning May 5th 2025

AM on Monday, May 5, 2025, traffic conditions in Dubai are experiencing typical weekday congestion, particularly along major routes such as Sheikh Zayed Road and the E11 corridor. According to the …