New DLD initiative to ease overdue fees
The Real Estate Regulatory Agency (RERA) has introduced the ‘Tayseer’ initiative to help unit owners settle overdue service fees through flexible six-month payment plans.
Economy
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Real Estate
Economy
News
DEWA approves $0.84bn dividend payment
Dubai Electricity and Water Authority (DEWA) has announced that its general assembly has approved a total dividend payment of $0.84bnfor the second half of 2024.
Economy
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Dubai welcomes surge in Hungarian businesses
Dubai Chamber of Commerce (DLD) has announced the establishment of the Hungarian Business Council, an initiative aimed at strengthening trade and investment ties between Dubai and Hungary.
Economy
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Real Estate
Dubai real estate to implement tokenisation
Dubai has launched the pilot phase of the Real Estate Tokenization Project which aims to attract international technology firms, open new investment channels, and diversify property ownership by enabling multiple investors to co-own a single asset through tokenized real estate.
Economy
Entrepreneur
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Startup
Dubai ranks 5th globally for fintech
Dubai now ranks among the top five cities worldwide for fintech thanks for its rapid transformation driven by the Dubai International Financial Centre (DIFC) over the past two decades. The city was also classified as one of just eight global leaders with ‘broad and deep’ capabilities across all finance industry sectors.
Economy
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KSA to get specialised logistics zone
A new 1.5 million sq. metre logistics zone will be established in Falcons City, north of Riyadh, with an investment of $1.06bn.
Economy
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UAE and EU highlight economic ties
Bilateral non-oil trade between the UAE and the European Union (EU) reached $67.6bn in 2024, marking a 3.6% increase from the previous year.
Economy
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EV brand reports 200% growth in UAE
EV brand Zeekr has reported over 200% growth in January 2025, setting an ambitious target of 400% annual expansion.
Economy
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UAE-US strategic partnership strengthens
The UAE and the US continued to deepen their five-decade-long strategic partnership during an official visit to the US by HH Sheikh Tahnoon bin Zayed Al Nahyan, Deputy Ruler of Abu Dhabi and National Security Adviser.
Economy
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KSA to host Sports Investment Forum 2025
Saudi Arabia is set to host the Sports Investment Forum 2025 from April 7 in Riyadh, under the patronage of the Ministry of Sport and the Ministry of Investment.