DUBAI – The Emirates Group today announced its best-ever half-year financial performance, posting a profit before tax of AED10.4 billion (US$ 2.8 billion) for the first six months of 2024-25, …
Dubai: Emirates announces record-breaking half-year profit of Dh10.4 billion
“The Emirates Group has surpassed its record performance of last year to deliver a fantastic result for the first half of 2024-25,” he said in an X post. The group hit a revenue o …
Dubai: Emirates announces record-breaking half-year profit of Dh10.4 billion
“The Emirates Group has surpassed its record performance of last year to deliver a fantastic result for the first half of 2024-25,” he said in an X post. The group hit a revenue o …
Potential locations of growth in Dubai and how investors are getting more value
Initiatives like the new master plans and the expansion of the Dubai Metro and infrastructure further underscore the city’s commitment to becoming a leading global city while preserving its rich cultu …
Sharjah Commerce And Tourism Development Authority celebrates successful showcase at WTM 2024
SCTDA showcases the tourism attractions of the emirate with a delegation of 20 public and private sector entities from the emirate at the annual London event …
Dubai real estate market surges 55% YoY, reaching AED 54.6bln in October 2024
Off-plan sales account for nearly 60% of transactions, with strong investor demand in Dubai Hills Estate and Business Bay; Rental values up 16% year-on-year, driven by sustained d …
UAE-built RABDAN FA-400 to get MANSUP Surface-to-Surface Missile launcher
This comes after Abu Dhabi Ship Building signed a strategic partnership with Brazilian smart weapons company SIATT …
UAE Central Bank announces M-Bills auction on Nov.11
The Central Bank of the UAE (CBUAE) on Thursday announced an auction of Monetary Bills (M-Bills) on 11th November. According to CBUAE data, the auction …
South Korean Shipbuilding Stocks Rally After Trump Remarks
As China now outnumbers the U.S. in terms of their naval battleship fleets, the U.S. is seeking to bolster and expand business with South Korea’s globally well-regarded shipbuilders, including HD …
Bitcoin gained 1,900% in Trump’s first term: Will BTC price hit $1M this time?
Bitcoin (BTC) soared by over 1,900% during Donald Trump’s first term as the United States president between November 2016 and November 2020. This occurred despite his critical stance on the …
UAE and Saudi Arabia lead region’s $338.7 billion spends on crypto assets
of the total crypto value transferred in the region consists of institutional-sized transactions of over $10,000 …
Dubai rental market trends and affordability challenges: Will we see a shift in 2025 based on global changes and trends?
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 …