JLL, formerly known as Jones Lang LaSalle, today has released its Dubai Real Estate Market Overview report which covers the first quarter of 2014. The Dubai real estate market commenced 2014 with optimism, driven by last year’s strong performance and continued economic growth. This optimism remains focussed on the residential sector which witnessed increased prices and […]
The hospitality sector in Dubai is going at fast pace with tens of hotels opening every year and constantly rising occupancy rates. Preparing to host World Expo 2020, the city has announced several major projects, designed to increase the number of hotel rooms and meet the growing demand. And while businesses are positive about the […]
The number of school and university students in Dubai has increased in the past year by 8.3 percent. Ten new private schools opened in the city for the 2013/2014 academic year, adding room for 23,000 students and the total revenue of private schools reached AEd 4.7 billion, according to official statistics. Meanwhile, the performance of […]
Trade license renewal in DED set to go smart in line with ‘Dubai Smart Government’ Customers can renew licenses through DED’s smart application The Department of Economic Development (DED) has announced that the trade license renewal process in Dubai will go ‘smart’ effective 14th of April 2014 in line with the Dubai Smart Government initiative […]
UAE business activity growth in the United Arab Emirates jumped slightly to a four-month high in March, managing to outperform many private sectors in other emerging markets. Firms reported output growth rise to 60.3 points, the highest rate since August 2009, a HSBC purchasing managers’ survey shows.
Whether you spend a day in Dubai, a weekend or you’re on a longer business trip and look for entertainment, the city has a lot to offer. Besides enjoying your evenings across the wide range of bars, clubs and restaurants, you can see UB40 life, meet comic book and film industry legends, or take part […]
Dubai International is one of the fastest growing airports in the world. This fact was revealed by Airports Council International in its latest report. The research found that the airport in Dubai is the seventh busiest in the world. This means that Dubai International advanced by three spots in just twelve months.
Jafza is more than a physical location to set up business: Salma Hareb NASDAQ Dubai can help companies raise capital for growth: Hamed Ali Jafza, a pioneering Free Zone, announced today that Jafza-registered companies can now raise capital through the equity market to fund their growth, by listing on NASDAQ Dubai. Jafza has created a […]
Dubai has become an attractive place for starting a business for both Gulf citizens and international entrepreneurs due to the growth of a number of industry sectors, the good business environment and certain beneficial legal and fiscal conditions. No truly global corporation stays away from the booming region right now, and respectively business in Dubai […]
The residential market in Dubai continues to grow with expected 10 to 15 percent rise in 2014, according to a recent report by HSBC Global Banking and Markets. Rental prices rose by 5.2 percent on annual basis so far in 2014. The big question is how well such increases are received by investors and and-users. Do […]