The UAE Cabinet has approved the National Investment Strategy 2031, setting the goal of attracting $65.4bn in annual FDI by 2031, nearly doubling the current inflows of $30.5bn in 2023. It also aims to boost the country’s total FDI stock to $0.6tr in the next few years.
Dubai’s Alta Real Estate Development has joined forces with Parisian fashion house Maison Margiela to create the brand’s first residential project in the city.
Dubai’s real estate market experienced significant growth in 2024, as residential property prices surged by 19.1% year-over-year, reaching $459 per square foot, marking a 13.3% increase over the market’s previous peak in 2014.
The Ministry of Economy has hosted a ‘Future of Jobs’ workshop, bringing together representatives from 14 major economic players and organisations across the UAE to work on topics around empowering, attracting and retaining talented individuals.
Dubai Municipality has introduced the region’s first ‘Drive-Thru’ laboratory service at the Dubai Central Laboratory Department.
A two-day hackathon hosted by the Federal Tax Authority (FTA) showcased a variety of projects using AI, big data and cloud computing to improve the UAE’s tax services.
The Dubai FinTech Summit 2025 is set to take place from May 12-13 at Madinat Jumeirah and will reinforce Dubai’s goal to become one of the world’s top four financial hubs by 2033.
Dubai’s real estate market has already recorded $27bn in sales in just 44 working days. This is the fastest the market has ever achieved this value, according to the Dubai-based real estate brokerage W Capital.
Mobile telecoms company Zain KSA has successfully completed a major digital transformation program in collaboration with Netcracker Technology.
Instaveritas, a global leader in background screening solutions, has announced a strategic partnership with Creative Zone, one of the UAE’s largest and most trusted business setup consultancies, to introduce its comprehensive background screening and KYC services in the region.
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