Economy and Business
UAE: Gold Prices Hit 3-Week Low Amid Market Sell-Off
Monday, April 7, 2025Gold prices fell on Monday to their lowest levels in over three weeks, continuing a downward trend amid a broader market sell-off. Investors were seen offloading bullion to cover losses in other trades as fears of a global recession, triggered by an escalating trade war, intensified. In the UAE, 24K gold opened at Dh365.75 per… UAE: Gold Prices Hit 3-Week Low Amid Market Sell-Off
UAE Ranked Top in the Arab World in the 2025 World Happiness Report
Thursday, April 3, 2025The UAE has been ranked 21st globally in the 2025 World Happiness Report, leading the Arab region and surpassing countries like the UK, US, and France. The report, compiled by Gallup, assesses life satisfaction across 147 countries from 2022 to 2024. Finland remains at the top for the eighth consecutive year, with Mexico and Costa… UAE Ranked Top in the Arab World in the 2025 World Happiness Report
AHS Properties marks a milestone with an AED 130mln sale of its “Searenity” Villa on Palm Jumeirah
Wednesday, October 23, 2024AHS Properties, the premier ultra-luxury real estate developer in Dubai, announced the successful sale of another landmark portrayal of its signature exquisite living experience; “Searenity,” a superb ultra luxury villa that is located within the prestigious Palm Jumeirah, for AED130 million. “Searenity” is the last of five villas that AHS Properties has redeveloped since the… AHS Properties marks a milestone with an AED 130mln sale of its “Searenity” Villa on Palm Jumeirah
Bayz102 by Danube Properties: Your Home In The Sky
Tuesday, October 8, 2024Dubai’s skyline welcomes a breathtaking new addition—Bayz102 by Danube Properties. BAYZ102 was launched following the massive success of BAYZ101. Standing 102 levels high, this residential tower is set to redefine luxury living with its fusion of innovative features and timeless elegance. Residents of Bayz102 will be treated to panoramic views of the Burj Khalifa and… Bayz102 by Danube Properties: Your Home In The Sky
Shamal Holding unveils details of ultra-luxury Baccarat Hotel Dubai
Tuesday, September 17, 2024Shamal Holding has unveiled details of the UAE’s first Baccarat Hotel, on course to redefine ultra-luxury hospitality in the city. The 145-key property promises unparalleled architecture, exquisite interiors and exceptional dining experiences alongside the highest quality amenities and services. Positioned in the unique and sought-after Downtown Dubai where every view frames the iconic Burj Khalifa, the… Shamal Holding unveils details of ultra-luxury Baccarat Hotel Dubai
Dubai Mall to introduce a paid parking system from July 1
Wednesday, June 19, 2024Dubai Mall on Wednesday said it will introduce paid parking in cooperation with Salik Company from July 1. The new paid parking system at Dubai Mall applies to Grand Parking, Cinema Parking, and Fashion Parking, while Zabeel and Fountain Views parking locations will remain complimentary. On weekdays, motorists will have free parking during the first four… Dubai Mall to introduce a paid parking system from July 1
Dubai hosted record number of international tourists than ever before in 2023
Friday, February 9, 2024Dubai recorded its best-ever annual tourism performance in 2023, with international tourist arrivals to the emirate increasing by 19.4 per cent annually to 17.15 million, amid the continued expansion of its economy. Last year’s figure exceeded the previous record of 16.73 million visitors registered in 2019, according to the latest data published by Dubai’s Department… Dubai hosted record number of international tourists than ever before in 2023
DAMAC elevates Dubai’s waterfront living with four iconic residences
Friday, September 15, 2023As the Dubai’s skyline continues to evolve, DAMAC Properties reaffirms its position at the forefront of luxury real estate with an exclusive focus on waterfront living. Offering some of the most prestigious residential projects including: DAMAC Bay, Cavalli Couture, Canal Heights, and Coral Reef. DAMAC Bay: Where Fashion Meets the Ocean Located in Dubai Harbour,… DAMAC elevates Dubai’s waterfront living with four iconic residences
Nakheel launches Rixos Hotel & Residences on Dubai Islands
Monday, July 31, 2023Nakheel, the world-leading real estate master developer based in the United Arab Emirates, in partnership with Excelsior Real Estate LLC, has launched Rixos Dubai Islands, Hotel & Residences, a new waterfront development offering a resort lifestyle in a curated and relaxed setting situated in a prime location on Dubai Islands, on the northern coast of… Nakheel launches Rixos Hotel & Residences on Dubai Islands
Nakheel launches Como Residences on Palm Jumeirah
Wednesday, May 31, 2023Nakheel, the world-leading master developer, has launched Como Residences, a new exclusive residential development on Palm Jumeriah. Como Residences will offer unrivalled luxurious living experiences with privacy, exclusivity and extensive premium amenities. The development of Como Residences underlines Nakheel’s commitment to enhance the quality of life for citizens, residents, and visitors of Dubai by providing… Nakheel launches Como Residences on Palm Jumeirah
