Dubai’s ability to retain its top spot in luring Greenfield FDI projects attests to its capacity to provide international investors unrivaled development potential and value. According to Financial Times ‘fDi Markets’ statistics, the extensive internet-based database on cross-border Greenfield investments, Dubai continues to be the top global location for acquiring…
View More Dubai continues to lead the world in luring Green Field FDI projects in the first half of 2023.
The renowned Sobha Group of Dubai has promised a staggering Rs 1,000 crore to the building of the the Sabarmati Riverfront in Ahmedabad, marking an unprecedented step toward foreign investment in Indian infrastructure projects. This kind gift underlines not just the importance of the endeavor but also the expanding trade…
View More Sobha Group of Dubai Contributes $1 billion to the Development of the Sabarmati Riverfront
According to a survey released on Wednesday, non-oil business activity in the United Arab Emirates grew more quickly in September than it had the month before as new orders came in at their quickest rate in four years. The adjusted for seasonality S&P Global UAE Procurement Managers’ Index increased from…
View More UAE’s non-oil company expansion accelerates in September due to robust demand, according PMI
As the emirate’s real estate market continues to flourish due to strong investor demand, Dubai real estate firm Azizi Developments has begun construction on a Dh30 billion dollars ($8.16 billion) mixed-use building. The developer announced on Thursday that the Azizi Venice construction project in Dubai South will have more than…
View More $8 billion mixed-use megaproject is unveiled in Dubai by Azizi Developments
According to a rating agency, an increase of tourists, government efforts, and technological improvements would promote economic growth. According to a recent report, the UAE’s GDP is predicted to increase by 4% in 2024 and 3% this year due to robust non-oil sector growth. According to S&P analysts, the country’s…
View More UAE GDP would rise by 4% in 2024 thanks to the non-oil industry, according to S&P.
The Mohammed bin Rashid Al Maktoum Business Prize has been introduced by Dubai Chambers in its newly reinvented form, which includes a number of improvements to the award methodology, evaluation procedures, and prize categories. The award, which was established under the auspices of Mohammed bin Rashid Al Maktoum Global Initiative…
View More The Mohammed Bin Rashid Al Maktoum Businesses Award has been enhanced, according to Dubai Chambers.
The vibrant hospitality industry in the United Arab Emirates is set to add 9,200 more rooms by the end of 2023, according to leading international real estate advisory firm Knight Frank. In accordance with Knight Frank’s most recent evaluation, by the end of 2023, Dubai’s hospitality sector would operate around…
View More By 2023, Dubai is anticipated to have 154,000 hotel rooms.
The groundbreaking for Taraf’s future property, Luce, an exquisite residential complex situated on Dubai’s Palm Jumeirah, has been completed. Taraf is the real estate division of investment holding company Yas Holding, which has its headquarters in the UAE. The building phase officially begins with the groundbreaking, moving the project one…
View More Official Groundbreaking For Taraf’s Iconic Residence “Luce” On The Palm Jumeirah Marked
With the groundbreaking ceremony for the first of several planned opulent residential buildings over the following three years, ACUBE Real Estate Development LLC makes its entrance into Dubai’s booming real estate market. On schedule to be completed by Q1 2025, Adhara Star, a 17-story luxury residential skyscraper in Arjan, will…
View More ACUBE establishes a real estate development division in Dubai with numerous brand-new housing projects totaling 1 million square feet in three years.
According to the finance minister of the United Arab Emirates (UAE), revenue increased by 31.8% in 2022, contributing to a general budget surplus the previous year. The UAE, one of the most economically diverse countries in the Gulf, has been expanding its non-oil sectors, putting particular emphasis on industries including…
View More UAE’s overall income increased 32% in 2022.