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Demand for branded residences on the rise

Demand for branded residences on the rise
Demand for branded residences on the rise as niche trend gains momentum. Private developers Damac, Binghatti and Danube Properties leading the way

DP World to invest $510 mn in India's Gujarat state

DP World to invest $510 mn in India's Gujarat state
Dubai-based DP World to invest $510m to develop terminal in India's Gujarat. The greenfield terminal will have the annual capacity of 2.19 million TEUs

Nykaa to open first beauty store In Dubai In FY24

Nykaa to open first beauty store In Dubai In FY24
Nykaa's first store in Dubai is expected to open in the first quarter of FY24, and will be located in the city's most upscale shopping district

Holiday Swap to set up global HQ in Dubai

Holiday Swap to set up global HQ in Dubai
Holiday Swap to set up global headquarters in Dubai, support 500 jobs.

TVS unveils tech-laden electric scooter in Dubai

TVS unveils tech-laden electric scooter in Dubai
TVS Motor Co is to take the covers off its second electric scooter, which promises to be a tech-laden, premium and urban-friendly product.

DAMAC launches two new projects in DAMAC Hills 2

DAMAC launches two new projects in DAMAC Hills 2
Damac launches Farmhouses and Verona projects in DAMAC Hills 2

Emaar Development H1 net profit is Dh2.2 billion

Emaar Development H1 net profit is Dh2.2 billion
Emaar Development H1 net profit unchanged at Dh2.2 billion. Sales jump 25% to Dh19 billion during January-June 2023 period.

Common law to re-boost free zones appeal

Common law to re-boost free zones appeal
Common law to re-boost free zones' appeal after relaxation of FDI law for onshore firm.

Dubai is No:1 location for luxury real estate in 2023

Dubai is No:1 location for luxury real estate in 2023
Dubai’s luxury home prices rise the most in H1, compared to prices at the end of December.

Dubai areas with highest value of property transactions

Dubai areas with highest value of property transactions
Dubai: Top 9 areas recording highest value of property transactions in H1 revealed.

Nakheel launches new luxury waterfront development

Nakheel launches new luxury waterfront development
Nakheel reveals plans for first luxury resort on Dubai Islands. Rixos Dubai Islands, Hotel and Residences will be situated in a prime location on Dubai Islands.

Dubai luxury property market to maintain growth in H2

Dubai luxury property market to maintain growth in H2
Dubai luxury property market to maintain fastest growth rate in H2.

Dubai introduces Sustainable Tourism Stamp for hotels

Dubai introduces Sustainable Tourism Stamp for hotels
Dubai launches 'stamp' to recognise hotels with highest sustainability standards.

Property Home LLC closes whopping Dh36.5 million deal

Property Home LLC closes whopping Dh36.5 million deal
Property Home Real Estate LLC closes whopping Dh36.5 million deal.

RTA invites banks to pitch for taxi business IPO

RTA invites banks to pitch for taxi business IPO
Dubai's RTA invites banks to pitch for taxi, parking IPOs. Sources say the RTA is planning a potential public share sale in December-January

GCC growth has spurred demand for steel products

GCC growth has spurred demand for steel products
China’s C&D partners with Conares to facilitate distribution of Chinese steel in GCC.

Dubai Chambers plans 50 int'l offices across 30 markets

Dubai Chambers plans 50 int'l offices across 30 markets
Dubai Chambers plans 50 international rep offices across 30 markets by 2030, says CEO Lootah.

Dubai waterfront property rates have doubled

Dubai waterfront property rates have doubled
Dubai waterfront property rates have doubled.The increase has been more prominent post-pandemic, offering a high return on investment.

Gold prices rise again as dollar retreats

Gold prices rise again as dollar retreats
Gold prices rise again in Dubai. Global prices surged after the US dollar retreated ahead of the US inflation data.

Dubai launches Innovative Investment Strategy

Dubai launches Innovative Investment Strategy
Mohammed Bin Rashid Housing Foundation’s 'Innovative Investment Strategy’ prioritises diversifying income sources and strengthening partnerships with the private sector.

Dubai records highest luxury property transactions

Dubai records highest luxury property transactions
Dubai records highest luxury property transactions in the world, surpassing Hong Kong, New York.

Pepsi factory sold for a whopping Dh 252 million

Pepsi factory sold for a whopping Dh 252 million
Dubai Refreshments sells Al Quoz plot to Al Futtaim for $68.6 million.Known to many as ‘Pepsi Factory’ was unutilised after the company shifted its operations to DIP II.

Dubai real estate posts semi-annual sales record

Dubai real estate posts semi-annual sales record
Dubai real estate: June sales make the 4th highest monthly sales, despite the Eid holiday

Two Dubai resorts named among world's top 10 hotels

Two Dubai resorts named among world's top 10 hotels
Two Dubai resorts named among world's top 10 hotels. The rankings were based on travel guides, media publications, and online reviews

High-end property prices pushed to an all-time high

High-end property prices pushed to an all-time high
Emirate's luxury property market has seen unprecedented demand, pushing high-end property prices to an all-time high this year.
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