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  • DLD Allows Freehold Conversion for Sheikh Zayed Road, Al Jaddaf Properties
    Dubai Land Department (DLD) announced that the private property owners in Sheikh Zayed Road area (from the Trade Centre Roundabout to the Water Canal) and Al Jaddaf area can now convert their ownership status to freehold to all nationalities. A total of 457 plots are eligible for conversion to freehold: 128 plots along Sheikh Zayed […]
  • Standard Chartered: GCC to Stay Economically Resilient in 2025
    Standard Chartered announced today its Global Market Outlook for 2025. In its report, the Bank highlighted the Gulf Cooperation Council (GCC) is expected to remain a bright spot for global growth in 2025. Despite a projected slowdown in global growth to 3.1% from 3.2%, the GCC is expected to outperform, driven by resilient non-oil sector […]
  • UAE PMI Hits Nine-Month High in December, Signaling Robust Growth
    The UAE’s non-oil private sector closed 2024 on a high note as the Purchasing Managers’ Index (PMI) reached 55.4 in December, its highest in nine months. The latest data from S&P Global underscores strong market conditions, buoyed by increased client demand and rising business activity. Key Highlights: PMI Growth: The UAE PMI rose from 54.2 […]
  • Economic Outlook for 2025: Key Trends and Challenges
    The global economic outlook for 2025 is marked by rising challenges, including economic fragmentation, escalating debt, and heightened political uncertainty. These insights are drawn from the latest Chief Economists Outlook by the World Economic Forum, which paints a complex and uneven picture of the global economy. Weaker Global Growth Anticipated A significant 56% of chief […]
  • Dubai Secures 437 Global Business Events for 2024 to Boost Economic Growth
    City to welcome over 210,000 delegates in upcoming corporate, association events and incentive groups, thanks to bid wins driven by Dubai Business Events (DBE) 20% year-on-year growth of number of events secured, underscoring Dubai’s continued growth as a leader in the competitive global business events industry DBE, the city’s official convention bureau and part of […]
  • 2024: Record Year for Dubai Real Estate with Rising Prices
    2024 Marks Another Record-Breaking Year for Dubai’s Real Estate Market with Property Prices on the Rise  Bayut, the UAE’s property portal, has unveiled its comprehensive report on Dubai’s most-searched real estate areas for 2024. The findings reveal a sustained rise in property prices across popular neighbourhoods, driven by robust demand, a steady supply of new […]
  • Ministry of Economy Launches Training to Boost Skills in DNFBP Sectors
    The Ministry of Economy has launched a specialised training programme aimed at developing capacities, professional skills, and compliance awareness among compliance officers in Designated Non-Financial Businesses and Professions (DNFBPs), under its supervision, and private sector employees to combat money laundering and counter the financing of terrorism. This initiative, developed in collaboration with the International Compliance […]
  • Future of Jobs 2025: 78 Million New Jobs by 2030, Upskilling Essential
    Shifting global trends in technology, economy, demographics, and the green transition are set to create 170 million new jobs by 2030 while displacing 92 million, resulting in a net gain of 78 million jobs. Fastest-growing jobs include technology, data, AI, care roles, education, and frontline positions like delivery drivers and farmworkers. Top skills by 2030 […]
  • Deyaar’s First Abu Dhabi Project Sells Out
    Deyaar Development PJSC, a leading property developer in the UAE, has announced the complete sell-out of RIVAGE—its latest and first residential project in Abu Dhabi. Located on the prestigious Al Reem Island in the Abu Dhabi emirate, the rapid sell-out reflects the overwhelming demand from both investors and homebuyers. The sales event attracted exceptional attendance, […]
  • Dubai Art Season 2025 Returns With Exciting Creative Experiences
    Dubai Culture has announced the launch of Dubai Art Season 2025, under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority, being held from 4 January – 20 April 2025 under the theme ‘Take a Walk on the Art Side.’ It encompasses various initiatives, […]