Day: May 10, 2024

Dubai is accelerating its commitment to the startup ecosystem, aiming to transform 30 companies into unicorns by 2030. Hadi Badri, CEO of the Economic Development Department at the Department of Economy and Tourism, highlighted this ambitious goal during the World Government Summit at Madinat Jumeirah, underscoring Dubai’s strategic support for startups and SMEs.   Badri… Continue reading Dubai’s Vision: Transforming 30 Startups into Unicorns by 2030

Dubai’s real estate market continues to flourish, showcasing impressive growth in the first quarter of 2024. The latest data from the ValuStrat Price Index (VPI) reveals significant expansion across residential and commercial sectors, positioning Dubai as a premier destination for real estate investment.   Residential Sector Growth   In the residential segment, the VPI for… Continue reading Dubai Real Estate Surges with 6.4% Growth in Q1

At the 28th United Nations Climate Change Conference (COP28) in Dubai, the UAE’s financial sector has committed to mobilizing over Dh1 trillion ($272.5 billion) in sustainable finance by 2030. This groundbreaking pledge highlights Dubai’s leadership in driving global climate initiatives and achieving the UAE’s Net Zero by 2050 targets, aligned with the Paris Agreement.  … Continue reading Dubai Leads with Dh1 Trillion Pledge in Sustainable Finance at COP28