Red flags to watch out for when investing in real estate
Investing in real estate can be one of the most rewarding decisions you’ll make, offering the potential for steady returns and long-term growth. But not every deal is as promising as it seems.
Opinion
Real Estate
Opinion
A tale of two economies: How UK tax policies are driving the wealthy to Dubai
As the dust settles on the UK’s October budget announcement, the country’s affluent are left grappling with the implications of the sharpest tax hikes in three decades.
Economy
News
Real Estate
Andalusia Group unveils $57m Dubai residences
Dubai real estate developer Andalusia Group has launched Bottega Nove Premium Residences, an Italian-inspired luxury development valued at $57.2m. The project, located in the Majan area of Dubailand, is set to feature nine floors crafted from Italian materials, blending sophisticated design with luxurious finishes.
Economy
News
DXB still world’s busiest international airport
Dubai International Airport (DXB) has maintained its position as the world’s busiest international airport for 2024, with 60.2 million available seats. This marks a 7% year-on-year increase in airline capacity and a 12% rise compared to pre-pandemic 2019 levels. OAG calculates the busiest international airports using international airline capacity only, excluding domestic flights.
Economy
News
Real Estate
Meydan awards $144m for lagoon-side development
Dubai Holding Real Estate’s Meydan has awarded a $144m contract to Bhatia General Contracting for the construction of Naya at District One.
Economy
News
Real Estate
New DMCC Crypto Tower slated for Q1 2027
The launch of Crypto Tower in Dubai’s Jumeirah Lakes Towers (JLT) marks a significant step in supporting the city’s growing blockchain, DeFi, and Web3 industries.
Opinion
Trump II and what it means for your GCC business
While there is always a degree of uncertainty when a new American president takes office, there are some things that feel fairly certain when it comes to Donald Trump’s second term in the White House.
Economy
News
Beijing looks to Musk to avert US TikTok ban
Chinese officials are reportedly considering involving Elon Musk in negotiations surrounding TikTok’s US operations, just days before the app faces potential prohibition under new legislation. Officials are reportedly brainstorming ways for Musk to help broker a resolution.
Economy
News
UAE and New Zealand eye $5bn in future trade
The UAE and New Zealand have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at deepening trade relations and unlocking fresh investment opportunities between the two nations.
Entrepreneur
News
New plan to draw 10,000 influencers to UAE
The newly-unveiled Creators HQ marks a pivotal moment for the content creation industry, aiming to position the UAE as a global hub for digital media and attract 10,000 influencers to the region.