Dubai

Sales of homes in Dubai worth $10 million or more rose 6 percent in the first quarter versus last year, an industry report showed on Tuesday, as demand from the international ultra-rich for homes in the emirate showed little sign of…
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A Dubai restaurateur issued an apology on Wednesday following backlash for sharing a controversial pro-Israel video claiming that Palestinians are brainwashed into embracing violence. The video has been produced by American nonprofit…
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Annual inflation in Dubai experienced a modest decrease in February, marking a deceleration to 3.36 percent from January’s rate of 3.6 percent, according to official data. This downturn is largely attributed to declines in the costs of…
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A flying car network between Dubai and Abu Dhabi is set to begin in 2025 after Falcon Aviation and Archer announced a collaboration on developing the required infrastructure. Under this partnership, vertiports will be built at Falcon…
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Dubai’s non-oil private sector maintained its growth momentum in February, with the Emirate’s Purchasing Managers’ Index reaching 58.5 – the highest since May 2019. a survey showed. According to the PMI report by S&P Global, the…
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The ruler of Dubai Sheikh Mohammed bin Rashid Al-Maktoum issued a law imposing an annual tax of 20 percent on foreign banks operating in the emirate on Thursday. Banks which are licensed to operate in Dubai’s international financial…
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Luxury hotel operator Dorchester Collection on Thursday welcomed its first dining and overnight guests at its latest establishment in Dubai, The Lana. Designed by Dubai’s architecture firm Foster + Partners, the 30-storey building has…
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Dubai’s economy recorded a 3.3 percent growth in the first nine months of 2023, as stated by the emirate’s Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al-Maktoum. The figures indicate steady progress toward the goal of the Dubai…
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Dubai is on track to undertake a series of projects worth 5.5 billion dirhams ($1.49 billion) thanks to approval from the emirate’s vice president. Dubai’s ruler Sheikh Mohammed bin Rashid Al-Maktoum has given the green light for the…
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Sheikh Mohammed bin Rashid, the UAE’s vice president, prime minister and ruler of Dubai, has unveiled a fund of Dh150 million ($40.8 million) dedicated to supporting content creators and influencers. In addition to this financial…
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