Dubai recorded a substantial 35% quarter-on-quarter increase in transaction volumes during Q1 2024 Dubai’s residential real estate market witnessed record-breaking growth in the first quarter of 2024, …
Dubai’s residential real estate market witnesses record-breaking growth in Q1 2024
A substantial 35% quarter-on-quarter increase in transaction volumes, reaching an all-time high of 35,100 units …
LTE IoT Market Gaining Momentum with Positive External Factors
According to a new market research report published by Report Ocean, the global LTE IoT Market is anticipated to grow at a CAGR of $%, during the forecast period. The market is estimated to reach $$ …
VIDEO: UAE’s Apparel Group founder Sima Ved talks growth, IPO plans
The Apparel Group, one of the largest lifestyle and fashion retail companies in the UAE, is eyeing robust growth in the GCC with plans to expand its store offerings, according to its Chairwoman and …
UAE’s biggest bank FAB’s Q1 net profit up 6%; beats estimate
The UAE’s biggest lender First Abu Dhabi Bank (FAB) posted a Q1 2024 net profit of 4.2 billion dirhams ($1.14 billion), 6% higher year-on-year (YoY) on strong revenue growth. The net profit topped …
Sharjah Calligraphy Biennial commences receiving submissions for its 11th edition
SHARJAH, 1st May, 2024 (WAM) — The Sharjah Calligraphy Biennial has begun receiving submissions for participation in its eleventh edition, set to commence in October of the upcoming year.
UAE: Some insurance firms raise premiums by up to 30% after heavy rains
Demand for comprehensive insurance packages jumps 100% as third-party plans don’t cover damages due to natural disaster …
UAE to be testing ground for a series of game changing consumer blockchain applications
It takes off with tokenisation of tickets to launch the first fully onchain music festival in the country …
UAE rain: NCM forecasts unstable weather to peak on May 2
Authorities in Abu Dhabi issued an alert for unstable weather conditions expected to hit the emirate from May 2 to May 5 …
Weather update: Heavy rain expected across the UAE on Thursday
Be cautious, as heavy rain is set to hit the UAE this Thursday on May 2, 2024. Here’s all you need to know about the upcoming weather change.
UAE: Gold prices in Dubai drop over Dh3 per gram, hits nearly 4-week low
Investors looked towards a US Federal Reserve Policy decision that could offer for more cues regarding its interest rate cuts policy …
UAE: Mleiha dairy farm to be largest clean milk production project in 3 years
The Mleiha dairy farm will start production in June, housing a total of 1250 cows with an additional 1250 cows that will be imported this year, aiming to reach 5,000 cows in three years instead of …
UAE property prices will slowdown over next 12 months – S&P Global
The UAE’s real estate market is expected to witness a slowdown in price increases, dropping by nearly 10% by the end of 2024, according to S&P Global Ratings.
UAE weather: Dust storm warning issued for some areas
The weather department has warned that fresh winds at a speed of 40 km/h, laden with sand and dust, will blow over some western areas on Wednesday, starting from 9 am until 6 am. The dust storm will …
Dubai FinTech Summit Returns To Dubai On May 6-7, 2024
In line with the Dubai Economic Agenda (D33) to position Dubai among the top four global financial hubs by 2033, the second edition of the Dubai FinTech Summit 2024 is designed to encourage …
UAE Fund Transfer System processed transactions worth $816.89bln in Jan-Feb 2024
ABU DHABI: The gross value of interbank fund transfers through UAE Fund Transfer System (UAEFTS) rose to more than AED3 trillion during January and February, 2024, according to the latest statistics …
50 Cent Reacts to Floyd (Money’s Funny) Mayweather Being Held Hostage in Dubai
Cent has entered the ongoing beef between Floyd Mayweather Jr. and Gervonta Davis, who claims the boxer is being held hostage in Dubai.