Economy and Business
UAE adds 13,000 New Dollar-Millionaire Residents in 2024
Tuesday, June 24, 2025The UAE remains leading destination for global wealth migration, with property market among top beneficiaries. An additional 13,000 made it to the ranks of UAE’s dollar millionaire resident base in 2024, according to the latest UBS ‘Global wealth Report 2025’, which is an increase of 5.8% from the year before. A good number of these… Untitled
Dubai’s New Landmark to have Open-Air Sky Theater
Friday, June 20, 2025Dubai is set to welcome a striking new landmark – the “Gateway to Business Bay” – featuring an open-air Sky Theatre, a first-of-its-kind entertainment and event space located at the top of a commercial tower. With a gross development value of Dh3.6 billion, the 48-storey Lumena Tower by Omniyat is a flagship commercial development strategically… Untitled
New report reveals how far property prices in Dubai will rise in 2025
Tuesday, June 17, 2025The property prices in the emirate saw a 1.6 per cent monthly increase and a 24.7 per cent rise since May last year, led by villas, said the real estate consultancy in its monthly analysis of the emirate’s property market. The monthly report showed that villa capital values grew 2 per cent month-on-month, with an… Untitled
Strategic Partnership Between Playbook and FinBursa Targets Investment Gaps for Women in the GCC Region and beyond
Tuesday, June 17, 2025Through strategic insights and direct market access, the partnership aims to empower female investors and bring more funding to female-led companies June 2025 — Playbook, the global learning and networking platform advancing the careers of women executives, has entered a strategic partnership with FinBursa, a global digital investment and fundraising platform focused on connecting capital… Untitled
UAE and Qatar Leaders Strengthen Bilateral Ties and Regional Cooperation
Wednesday, June 11, 2025UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan on Thursday received Sheikh Mohammed Bin Abdulrahman Bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar. During the meeting, which took place at Qasr Al Bahr in Abu Dhabi, the two sides exchanged Eid Al-Adha greetings, praying to… Untitled
Dubai Metro Blue Line station will be the tallest in the world
Tuesday, June 10, 2025His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai attended the foundation stone-laying ceremony for the first Dubai Metro Blue Line station: Emaar Properties Metro Station. Emaar secured the naming rights for the station for ten years, starting from its official inauguration in 2029. … Untitled
Digital Dubai launches ‘Dubai Cashless Strategy’
Tuesday, June 3, 2025Digital Dubai launches ‘Dubai Cashless Strategy’ aiming for 90 percent cashless transactions by 2026 This initiative is in line with the goals of the Dubai Economic Agenda (D33) and Digital Dubai’s mission of “Digitalizing Life in Dubai.” Digital Dubai has introduced the “Dubai Cashless Strategy” to boost secure digital payment solutions throughout both public and… Untitled
Iconic Beach Villas by Top Architects on Palm Jebel Ali
Wednesday, May 21, 2025Nakheel, a member of Dubai Holding Real Estate, has announced its collaboration with six locally and globally acclaimed architecture firms – WATG, SAOTA, Whitespace Architects, NAGA Architects, LOCI, and LW Design Group – to deliver a stunning 10 distinct architectural styles for the bespoke villas planned for the Beach Collection at Palm Jebel Ali. Inspired… Untitled
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… Untitled
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… Untitled
