Off-plan sales played a large role in pushing Dubai’s overall property transactions to a whopping Dh258 billion in 2017, a 10 per cent increase from the previous year. But as we approach the middle of 2018, amidst the launch of several new off-plan …
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Dubai real estate market: Arbitrage
UAE. Over the last 6-12 months there has been a reversal of trends from off-plan to ready units as money flows switch from the former to the latter. There has been a slump in off-plan sales, while ready transactions remain relatively stable. This …
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Luxury property market keeps its shine
Many parts of Dubai have seen a decline in residential property prices over the last year and the luxury segment was no exception, with prime property prices falling 3.3 per cent last year, according to Knight Frank’s Prime International Residential Index.
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The New U.S.-UAE Aviation Agreement Changes Nothing
A similar U.S.-UAE deal was reached just in the past week … However, state-owned carriers Emirates and Etihad Airways will be required to publish audited financial statements annually. They also must “take steps” to avoid below-market deals with …
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Dubai Financial Services Authority Announces Fintech Innovation Testing Program Expansion
The Dubai Financial Services Authority (DFSA) announced on Wednesday the expansion of its Innovation Testing Licence (ITL) programme in response to continued interest in fintech and the digital economy. According to DFSA, the ITL program enables firms to …
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Sennheiser shows ew G4 at UAE and Kenya training events
A seminar in Dubai centred around the company’s audio for business range, while in Kenya a more technical event with detailed workshops covered all aspects of wireless audio capture. The Middle East and Africa has got its first look at new generation …
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5 Things You Miss When Buying a Luxury Car in Dubai
You will find a staggering number of luxury and sports cars in Dubai.Nowhere in the worldisit as common to spot a multi-million-dollar luxury car cruising the roads as it is in Dubai. It comes as a surprise to both tourists and expats and offers them a …
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UAE leads region in renewable energy
The UAE has done impressive work to stay on track with the renewable energy targets and with phases 3 and 4 of the Dubai Solar Park to begin commissioning by the end of 2020, and is placed at the forefront of renewable energy development in the region …
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UAE-based influencers will need two licences to legally operate
“Note that this [trade licence] can be a freelancer visa, such as those provided by Dubai Creative Clusters Authority and twofour54,” said Fiona Robertson, a senior associate in the Technology, Media and Telecommunications practice with Al Tamimi & Co …
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Dubai ruler hails Area 2071 as ‘bridge to the future’
The zone, located at Emirates Towers in Dubai, is designed to serve as the headquarters of global smart companies, services and labs, and will work to create innovative solutions and tools, in accordance with future requirements and technologies.
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Dubai to have driverless police patrols by 2020
You could see driverless police patrols on Dubai roads by as early as 2020. The Dubai Police have signed an agreement to this effect with Acacus Technologies, it was announced on Sunday. The driverless vehicles will be out on the roads in phases.
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Dubai signs up Fliggy to boost Chinese tourist numbers
Dubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) has signed an agreement with Fliggy, the online travel service platform of global technology company Alibaba Group. The deal aims to boost the number of Chinese tourists visiting Dubai …
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Make this call and your personal guide to UAE tourism landmarks is free
This fact caught the attention of Dubai, a hotspot for tourists, and Huawei, a globally renowned technology brand with revenues exceeding $78.5 billion last year, both to collaborate and strike a deal like no other. How does it work? At the outset …
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Dubai Hosts its First Mini Maker Faire in the United Arab Emirates
Students from Higher Colleges of Technology leaded by Noora AlAmeri developed in Fab Lab UAE a smart device for finding free parking spots in the university. Francisco Sanchez from Spain was being helped by some volunteers to assemble an open source …
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How technology positively impacts home buying
Hearing: Of course, basic and easy for technology to relay this information, but let’s go a step further, shall we? You’re 55 years old sitting in your home in Cairo enjoying a nice virtual tour of a property you’re interested in Dubai when, all of a …
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Dubai is not only the most rated tourist attraction in the Middle East, it is now known for its unique and grandiose hotels.
Dubai is not only the most rated tourist attraction in the … and a sensory rain system which mimics the rainforest climate. Modern technology will be used to ensure that each guest experience is unique. Apart from the simulated rain, dynamic 3D …
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Dubai Tourism signs MoU with Fliggy, Chinese online travel platform
Dubai Tourism, today signed a Memorandum of Understanding, MoU, with Fliggy, the online travel service platform of the global leading technology company, Alibaba Group. The MoU aims to boost the number of Chinese tourists visiting Dubai through closer …
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