Dubai Announces $1.2 Billion PropTech Hub to Drive Real Estate Innovation
Dubai exemplifies how visionary leadership and determined execution can redefine a city’s economic trajectory. In just a few decades, it has transformed from trading hub into a global powerhouse across various sectors. As part of this broader vision, the establishment of the Dubai PropTech Hub represents an important move in advancing the city’s real estate […]
Fitch Affirms Ras Al Khaimah’s A+ Rating Amid Growth Driven by Tourism
Ras Al Khaimah is rapidly emerging as a dynamic destination known for its natural beauty, rich heritage, and forward-thinking development. With a diverse economy that spans tourism, real estate, Ras Al Khaimah has built a reputation as a welcoming and investor-friendly hub. In line to this, Ras Al Khaimah continues to solidify its position as […]
Trump Announces $200 Billion in US-UAE Agreements During UAE Visit
Dubai and the USA are entering a new chapter of strengthened economic cooperation. The state visit of President Donald Trump to the UAE marked a defining moment in the strategic alliance between the two nations. The announcement of over $200 billion in new commercial agreements, alongside a broader $1.4 trillion investment framework, highlighted the growing […]
Ciel Tower World’s Tallest Hotel to Open in Dubai
Dubai’s skyline is a remarkable example of modern architecture and ambition, continually expanding with towering buildings that reshape the city’s profile. Known for hosting some of the tallest and most luxurious hotels globally, Dubai is set to break new ground with the upcoming opening of Ciel Tower. This tower will become the tallest hotel in […]
Dubai Government Introduces World’s First Cryptocurrency Payment System for Cashless Services
Dubai is further solidifying its role as a global pioneer in digital transformation with the launch of the world’s first fully integrated cryptocurrency payment system for public services. In a major advancement, the Dubai Department of Finance has signed a MoU with the global digital asset platform Crypto.com, enabling residents and businesses to pay government […]
Dubai Ranked as the Fourth Smartest City in the World
Dubai has achieved a significant milestone in its transformation into a leading global smart city. According to the IMD Smart City Index 2025, the city has risen eight positions to secure fourth place worldwide its highest ranking to date. This accomplishment establishes Dubai as the foremost smart city in the GCC, the Arab world, and […]
Dubai Property Market Records Impressive 23% Sales Growth in April
Dubai’s real estate market continues to show remarkable resilience and growth, with impressive activity across both sales and rental sectors. In April, the market saw a significant uptick in transaction volumes, reflecting continued investor confidence and demand across various property segments. The total value of sales transactions for the month reached AED46.18 billion, marking a […]
UAE Industrial Exports Reach $53.6 Billion in 2024, Reflecting 68% Growth Since 2020
The United Arab Emirates continues to establish itself as a global industrial powerhouse, marking a significant leap in industrial exports and reinforcing its commitment to economic diversification. In 2024, the value of UAE industrial exports reached AED 197 billion ($53.6 billion), reflecting a 68% increase since 2020. This growth underscores the nation’s focus on enhancing […]
Dubai Market Report – March 2025
Dubai’s real estate market continued its strong performance in March, with average prices rising by 1.88% to AED 1,534 per square foot. This represents a 24.3% increase over the previous peak recorded in September 2014 and an 88.2% surge from the market low in October 2020. While transaction volumes declined by 5.7% compared to February, […]
Disney Set to Open Its First UAE Theme Park with the Launch of Disneyland on Yas Island
In a groundbreaking development for the region’s tourism and entertainment sector, Disney has officially announced the launch of its first theme park in the Middle East. Disneyland Abu Dhabi will be located on Yas Island, the UAE’s premier entertainment and leisure destination, and is set to become the most advanced and interactive park in the […]
