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Posted on 02/07/2024

Dubai real estate update: Rents will continue to rise, but at a slower pace in 2024

Residential rents in Dubai are expected to continue rising, albeit at a slower pace than before, real estate consultancy CBRE said in its latest report. “Affordability constraints are beginning to …

Posted on 02/07/2024

New Dubai nature-inspired mall will open in 2026

Sobha Realty has commenced the construction of first of its kind mall for its flagship community Sobha Hartland in the heart of Dubai. With an estimated cost of AED210m ($57m), the project blends the …

Posted on 02/07/2024

Dubai’s ‘Billionaire Island’ sets new real estate record with $65m villa sale

A six-bedroom villa on Dubai’s exclusive Jumeirah Bay Island has sold for Dhs240.5m($65.47m), marking the highest price ever recorded for a property, on the island. This sale sets a new benchmark for …

Posted on 02/07/2024

DFZ Council emphasises role of technology in enhancing transaction safety, attracting foreign investments

The Operations Center of Economic Crimes presented to the council members the development of working and collaboration mechanisms to exchange and implement best practices to ensure the protection of …

Posted on 02/07/2024

Dubai’s ‘Billionaire Island’ sets new real estate record with $65m villa sale

A six-bedroom villa on Dubai’s exclusive Jumeirah Bay Island has sold for Dhs240.5m($65.47m), marking the highest price ever recorded for a property, on the island. This sale sets a new benchmark for …

Posted on 02/07/2024

Dubai real estate: Property sales volume surges 30% due to strong demand

May witnessed the highest sales transactions on record, with volumes up 47.7 percent month-on-month and 45.9 percent year-on-year in Dubai …

Posted on 02/07/2024

Dubai Free Zones Council emphasizes the role of technology in enhancing transaction safety and attracting foreign investments

The Operations Center of Economic Crimes presented to the Council members the development of working and collaboration mechanisms to exchange and implement best practices to ensure the protection of …

Posted on 02/07/2024

Dubai real estate: Property sales volume surges 30% due to strong demand

May witnessed the highest sales transactions on record, with volumes up 47.7 percent month-on-month and 45.9 percent year-on-year in Dubai …

Posted on 02/07/2024

Dubai real estate: Fairmont, SOL Properties unveil new luxury Fairmont Residences Solara Tower

Fairmont Hotels and Resorts, a leading luxury hotel operator, has partnered with developer SOL Properties to launch a new residential development in Downtown Dubai. Fairmont Residences Solara Tower is …

Posted on 02/07/2024

8 best trending tech gadgets that are game-changers when travelling, in UAE, for 2024

Make technology solve problems and improve efficiency for you, as you travel A few well-chosen gadgets can help you reduce overpacking, improve efficiency and make your travels more pleasurable. Image …

Posted on 02/07/2024

Ocean Power Technologies Partners with Unique Group for Autonomous Vehicle Services in the Middle East

Integrating OPT’s commercially available vehicles with Unique’s leading position in the offshore energy industry in the UAE will accelerate the adoption of USVs in the region. Unique Group’s knowledge …

Posted on 02/07/2024

4 FinTechs simplifying cross-border payments in the Middle East

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 02/07/2024

UAE announces public holiday for Islamic New Year: Is it a long weekend?

The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) made an announcement that Sunday July 7 will be a public holiday for Islamic New Year for the UAE private sector. Which means it won’t …

Posted on 02/07/2024

Dubai announces new mixed-use development project ‘DIFC Square’

The new development is part of the Centre’s plans to strengthen its position as a premier global financial hub under its 2030 strategy The Dubai International Financial Centre has started construction …

Posted on 02/07/2024

Early Tuesday Slump in Dubai’s Gold Market

The first day of the week brought a slight dip to Dubai’s gold market, with prices opening lower compared to the previous week’s closing figures. The data, compiled by the Dubai Jewellery Group, …

Posted on 02/07/2024

Fuse Finance revolutionizes payment solutions amid UAE’s record $30bln foreign investment surge

The MENA region digital payments market projected to grow $9 billion by 2028 The UAE is poised to achieve a record $30 billion in foreign direct investment in 2024 Dubai, UAE – Fuse Financial …

Posted on 02/07/2024

Dubai continues to establish a sustainable economic model

Council, in its 27th meeting headed by Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, …

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