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Businesses Continue to Invest and Expand in Dubai, Dubai Economy

FDI Law, preparations for Expo 2020 Dubai and restructuring of economic activities spurred optimism among investors 38,377 new licences issued in 2019, leading...
Will The Coronavirus Crisis Push Property Prices Lower?

Dubai Real Estate Transactions Rose 27% in Q1 of 2021

According to the real estate bulletin issued by Dubai Land Department (DLD) under the name ‘Real Estate Updates,’ March 2021 recorded the second highest...

5 Big Questions Real Estate Is Asking in 2021

At the start of 2021, the real estate industry has a lot to mull over. Companies are grappling with work-from-home policies and the role of...

DME Oman Crude Up Over 100% Since Historic Production Cuts

Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other...

Ministry of Economy Plans for SME Sector For the Year 2020

The plan includes training programs to empower entrepreneurs; new channels to connect with global and regional markets; and extensive participations in specialized exhibitions The...

International Tourist Arrivals Could Fall by 20-30% in 2020

The World Tourism Organization (UNWTO) has released its updated assessment of the likely impact of the COVID-19 on international tourism. Taking into account the...
Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released this month.

More Economic Uncertainty on the Horizon

More than half (56%) of chief economists expect the global economy to weaken in 2024, with seven in 10 saying pace of geoeconomic fragmentation...
The UAE’s Special Industrial Zones Vital Incubators For Innovation

UAE’s Special Industrial Zones Vital Incubators for Innovation

The UAE is headed towards an exciting new phase of sustainable economic growth – one that is driven by an enhanced, technologically advanced and...

AZIZI Developments Announces Investments Worth Over AED 3.5 Billion

The developer will construct 45 buildings comprising over 11,000 homes across MBR City, Dubai Healthcare City and Al Furjan over the course of...

UAE Suspends All Inbound, Outbound Passenger Flights, Transit of Airline Passengers...

The National Emergency Crisis and Disasters Management Authority, NCEMA, and the General Civil Aviation Authority, GCAA, have decided to suspend all inbound and outbound...

The World Craves Better Capitalism, Survey

An increasing wave of companies and CEOs are doubling down on sustainability and equality commitments as they grapple with what role they play in...
Twitter Launches Regional Wellness Campaign

Twitter Launches Regional Wellness Campaign

Twitter has launched the دايما_العبها_صح# (Always play it right) , an awareness campaign centered around wellness in gaming in the region. The wellness campaign...

GCC Project Sector Stands at a Combined Value of $3.1tn

GCC construction is at a turning point in the lead up to mega-projects according to latest intelligence report from MEED Insight In light of planned...

Staycations, Domestic Travel to Lead GCC Tourism Recovery from COVID-19

Local tourism and domestic travel are expected to lead the UAE and wider GCC’s recovery from COVID-19 as we begin to see the easing...
Stefan Toubia - Founder and CEO of Raayi

Online Customer Reviews Can Make or Break a Business

CEO of business review app emphasises customer ratings should be part of company’s revenue-generation strategy. Online customer reviews can usher in major opportunities for revenue...

Carrefour Reveals Predicted Top Sellers during Carrefour Friday Promotions

Carrefour, operated by Majid Al Futtaim in the UAE, has revealed its predictions for the most sought-after products during it’s “Carrefour Friday” promotion —...
Domestic Travellers Buoy Dubai Tourism in Pandemic Year, KPMG’s Dubai Hospitality Report Reveals

Domestic Travellers Buoy Dubai Tourism in Pandemic Year

Nearly nine in ten (87%) guests who stayed at a Dubai-based property during the pandemic were satisfied with their experience; 85% would return. Half of...

Nakheel Pledges AED 230 Million Relief Package, Rental Holidays

Master developer Nakheel has announced a Dh230 million ($62.6 million) economic relief package for customers in the wake of the Covid-19 outbreak. The initiative is...