Dubai: Dubai is all set to host the 12th edition of the annual Arab Strategy Forum (ASF 2019) The event will run under the theme ‘Forecasting the Next Decade 2020-2030’. A series of panels and Q&A sessions with some of the world’s leading personalities on the political and economic stage, including former US Vice President…
The Burj al Arab in Dubai is one of the most profitable hotels in the world, according to the CEO of the Jumeirah Group, the owner of the iconic sail-shaped building. The legendary property was rated the world’s first seven-star hotel by a British journalist when it was officially opened on December 1, 1999. While…
Visa, the global digital payment firm, has designated international property developer Sweid & Sweid to build its new headquarters in Dubai. The building to service operations in the Central and Eastern Europe, Middle East and Africa (CEMEA) region of the company will increase capacity to more than 500 employees. The HQ project is on its…
Expo 2020 Dubai starts in exactly 12 months: here is everything you need to know about “the best show in the world”. 192 countries Six months. One year to the end. Expo 2020 Dubai is the most anticipated project in the city with 192 participating countries and lasting 6 months. The account has already started…
Chinese investments in the UAE real estate sector will increase in the coming months and are expected to exceed more than 70 percent by the end of 2019, reinforcing the solid growth in investments with foreign capital in the country. Chinese investments have experienced an increase of 64% between 2016 and 2017 and this trend…
The value of real estate transactions in Dubai rose 33 percent to $9.26 billion in the first five months of the year, according to statistics from the Dubai Land Department. According to the data, the value of residential and commercial apartments’ deals reached $4.63 billion, while land purchase transactions stood at $3.81 billion. Deals…
