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Finance

Dubai Leads Global Prime Residential Market with 12.1% Rental Gains in H1 2024

Dubai leads the worldwide prime residential market in rental values with good points of 12.1% in H1 2024 Dubai was additionally among the many high 5 cities for capital worth development, rising by 2.9% Prime residential rents have continued to outperform capital values in a excessive rate of interest

Finance

Dubai Visitors Reach Record 9.31 Million in H1 2024

Dubai welcomed 9.31 million worldwide in a single day guests from January to June 2024, a 9 p.c enhance over the 8.55 million vacationer arrivals within the first half of 2023, in keeping with knowledge printed by the Dubai Department of Economy and Tourism (DET). Following a landmark 2023,

Finance

24/7 Multi-Asset Instant Settlement Network Launched

First community to supply 24/7 free on the spot settlement for fiat, digital belongings and stablecoins Launches with current institutional community, together with regulated digital asset trade AsiaNext, prime dealer Hidden Road, liquidity supplier B2C2 and connectivity to 200+ of Sygnum’s high-volume buying and selling shoppers. Focused on enhancing

Dubai Life

Yango Rolls Out Public Transport Service, Redefining Mobility Within Dubai

Yango’s providers newest addition integrates public transit data, offering a seamless navigation expertise for Dubai travellers. Yango Group, a worldwide tech firm that creates every day providers, launched a brand new public transport service function inside its Yango app, geared toward redefining city mobility in Dubai. This addition gives

Dubai Life

Harrods Welcomes First Emirati Childrenswear Brand

With the help of Dubai Culture & Arts Authority (Dubai Culture), Emirati designer Shatha Essa has launched her new kids’s put on model, Shatha Essa Kids Collection in Harrods, London. It is the primary nationwide model to showcase its merchandise on the famend iconic retailer – Harrods. This initiative

Finance

Dubai Property Market Records a Staggering Growth in H1 2024

As a holistic platform that empowers UAE’s actual property with its wide-ranging user-centric options, dubizzle has been a go-to alternative for dwelling seekers, buyers and renters looking for properties in Dubai. The main on-line market is a progressive wing of the Dubizzle Group. Analysis of dubizzle’s search developments in

Dubai Life

First Phase of Marbella Resort Hotel Sold Out in 8 Hours

Kleindienst Group, a number one international enterprise conglomerate and the grasp developer behind The Heart of Europe, has introduced the profitable sell-out of the primary part of its AED 1 billion Marbella Resort Hotel, Vignette Collection by IHG Hotels and Resorts on the World Islands. The unique launch occasion

Dubai Life

Dubai South and Evocargo Innovate UAE’s Autonomous Vehicle Sector with Successful Trials

Dubai South, the most important single-urban grasp improvement specializing in aviation, logistics, and actual property, introduced the profitable completion of the primary stage of the UAE’s autonomous car trials in partnership with Evocargo. The trials had been carried out on a set route in a closed space of the

Finance

Ministry of Economy Reviews New Competition Law to Boost Regulatory Frameworks

The Ministry of Economy organized a media briefing to overview the Federal Decree-Law No. 36 of 2023 on competitors regulation, which goals to advertise and shield competitors within the nation, fight monopolistic practices, counter dangerous financial focus of customers, assist the expansion of financial sectors and enhance productiveness, thus

Dubai Life

Emirates Unveils Travel Store in Hong Kong, Its First in East Asia

Marks opening of the primary Emirates Travel Store within the Far East area, with extra shops deliberate throughout the airline’s community. Underscores airline’s strategy to raise each step of the shopper journey, from reserving to departure. Emirates has formally opened its Travel retailer in Hong Kong, representing a big