New Dubai real estate firm KASCO Developments has launched its debut project ONDA in Business Bay. The AED500m ($136m) project will have a special focus on wellness and is the first of a planned 1 …
Dubai real estate: KASCO debuts AED500mn residential project in Business Bay
KASCO Group has launched its debut real estate development project in Dubai’s Business Bay. Construction for the project, named ONDA, is set to start in Q4 2024, with completion and handover …
Major Parking Changes at Three of Dubai’s Best Malls
If you’re a regular shopper at Mall of the Emirates, City Centre Deira, or City Centre Mirdif, parking your car is about to get a lot easier. Starting January 1, 2025, a new barrierless parking system …
SLG Group breaks ground on AED 200 million integrated hub at Dubai Industrial City to chart global expansion
Silver Line Gate Group (SLG Group) has started construction on its AED 200 million integrated hub at Dubai Industrial City, the Middle East’s leading manufacturing and logistics hub that is one of TEC …
Dubai: Mall of the Emirates, 2 City Centre malls to introduce barrierless parking
UAE’S retail giant Majid Al Futtaim is introducing barrierless parking at three of its most popular malls in Dubai in collaboration with parking operator Parkin. . Dubai: Mall of the Emirates, 2 City …
Salman Khan to fly to Dubai amid life threats from Lawrence Bishnoi
Salman Khan, the bhaijaan of Bollywood, will be flying to Dubai for the upcoming Dabangg Reloaded event. As per ETimes, Khan will be made part of the popular international show, slated to be held on …
Dubai introduces stricter penalties for distracted driving
In a concerted effort to enhance road safety and curb reckless driving habits, the Dubai government has implemented stringent new penalties for motorists found to be using their mobile phones while …
Immense potential for investors in Dubai’s hospitality sector as 19,200 rooms already in the pipeline
The Report ‘A Clear Roadmap for a Hotel Business Investment in Dubai’ highlights that occupancy levels are expected to sustain an upward trajectory, further solidifying Dubai’s position in the global …
Dubai’s Parkin announces new paid parking system for Mall of the Emirates, 2 others
Parkin Partners with Majid Al Futtaim to Introduce Barrierless Parking at Top UAE Malls. Parkin Company — Dubai’s primary paid public parking service providern — on Wedneday a …
Anyone sending money to India from UAE offered ‘golden’ Diwali incentive
Until Thursday October 31, anyone who uses Careem Pay to transfer Dhs50,000 or more in remittance to India will be rewarded with a gold voucher worth one gram of 24-carat gold based on the rate from …
UAE’s Mubadala Capital closes fund with commitments of over $3bln
Mubadala Capital has closed its fourth private equity fund, MIC Capital Partners IV (Fund IV), with total commitments of $3.1 billion, well above its initial target of $2 billion.
Dubai real estate: Luxury Palm Jumeirah villa sold for $35.4m
Dubai real estate developer AHS Properties has announced the sale of its Searenity ultra luxury villa in Palm Jumeirah for AED130m ($35.4m). Searenity is the last of five villas that AHS Properties …
Dubai: Gold prices rise to new record high; 22K crosses Dh308 per gram
The gold price rally continued on Wednesday morning as the yellow metal jumped Dh1.75 per gram to a new record high at the opening of the markets in …
Dubai announces special privileges for residents, sponsors with no residency violations in past 10 years
Dubai residents and Emirati sponsors who have not committed any residency violations in the past 10 years will enjoy “special privileges beginning November..
Abu Dhabi unveils ‘Data for Good Framework’, enabling public-private data partnerships to drive innovation
ABU DHABI: The Statistics Centre – Abu Dhabi (SCAD) has officially launched Data for Good (D4G) Framework, marking a significant step towards fostering data-driven innovation and strengthening public-private collaboration in the Emirate.
Lulu Chairman Yusuff Ali hints future Saudi listing; UAE IPO to fuel expansion, refinance debt
A day after UAE retail giant Lulu announced Abu Dhabi IPO plans, its chairman, Yusuff Ali, told Zawya that a possible listing on Tadawul, the Saudi exchange, could happen in the “long-term”. Lulu …
UAE economy projected to grow by 5.1% in 2025: IMF
WASHINGTON: The UAE’s real GDP is projected to remain at 4 percent in 2024, rising to 5.1 percent in 2025, according to the IMF World Economic Outlook (WEO). Released today on the sidelines of the …