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.
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.
Dubai Holding Real Estate’s Meydan has awarded a $144m contract to Bhatia General Contracting for the construction of Naya at District One.
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.
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.
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.
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.
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.
The UAE’s industrial sector has experienced remarkable growth in financing thanks to both government initiatives and private enterprise. This push is instrumental in the UAE’s ‘Operation 300 Billion’ strategy, which seeks to transform the country’s industrial sector, increasing its contribution to the GDP from $36bn to $82bn by 2031.
The UAE-based bank CBI has announced its strategic investment in Boomitra, an award-winning carbon project developer and Earthshot Prize laureate. The partnership aims to advance regenerative agriculture across the Middle East, Africa, and Asia by deploying cutting-edge AI-enabled solutions to empower farmers and strengthen climate resilience.
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