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Dubai’s luxury real estate market is booming. Here’s why

With growing demand and upcoming supply, the year looks promising for Dubai’s luxury property market

Dubai Parks organise second summer rush event at Al Mamaza Park Image Dubai Media Office

Summer Rush starts at Dubai’s Al Mamzar Beach Park

Summer Rush will run until July 9, offering fun leisure activities to residents and visitors

SalamAir operates six A320neo, six A321neo, and one Airbus A321 freighter

Oman’s SalamAir to launch flights to 18 routes from Fujairah Airport

The destination brings Salam Air’s network to 39 destinations across 13 countries

UAE national banks provide $201bn in financing by April

UAE national banks provide $201bn in financing by April

The banks increased their credit balance by Dhs2.1bn or 0.3 per cent in April 2023, up from Dhs735.2bn a month earlier

MBRSC successfully launches PHI-Demo satellite

UAE’s MBRSC successfully launches PHI-Demo satellite

The satellite had all its mechanical components constructed in the UAE in collaboration with the private sector

Abu Dhabi, Dubai property market upbeat on both demand and supply side

Real estate Services Company Asteco’s CEO, HP Aengaar shares the highlights of Abu Dhabi and Dubai’s property market in the first quarter of the year and the outlook for demand and supply in the upcoming months

UAE restaurants on sustainability

Here’s how UAE restaurants are driving sustainability

Restaurants in the UAE have embraced sustainable practices to reduce their environmental impact and protect the planet for future generations

Guests Enjoying Eid Al Adha Fireworks Image DCT Abu Dhabi

Eid Al Adha 2023: Watch fireworks for free in Dubai, Abu Dhabi at these places

Eid Al Adha fireworks are being staged across Dubai and Abu Dhabi, with some locations featuring firework displays for up to five nights

bu Dhabi GDP growth in Q1 2023 GettyImages-1316754718

Abu Dhabi GDP shows 3.9% growth in Q1 2023: SCAD

According to SCAD estimates, Abu Dhabi’s non-oil GDP (at constant prices) surpassed the highest quarterly value of the past nine years, reaching Dhs146bn in Q1 2023

UAE banking system

UAE banks reap the benefits of an economic boom

Strong capital buffers have supported the UAE financial services sector over the years and banks are re-articulating their value proposition to thrive in the new digital environment

ADNOC Drilling secures $2bn offshore jack-up contracts

ADNOC Drilling secures $2bn offshore jack-up contracts

The drilling company said the awarding of the contracts follows more than $11.5bn in long-term contracts announced since the beginning of 2022

free toll and parking

Abu Dhabi announces free parking, no toll charges for Eid Al Adha 2023 holidays

There will be no parking fees and toll charges during the four days of Eid Al Adha holidays

Abu Dhabi

Abu Dhabi Summer Shopping Season features special Eid Al Adha deals, events

Abu Dhabi has a full calendar of experiences through the Eid Al Adha holidays and the following summer weeks

sale

Shopping: Dubai Summer Surprises 2023 to go on until Sept 3

Dubai Tourism has made ‘Summer Surprises’ an annual festival that features concerts, raffles, and dining and shopping offers through the summer months

UAE’s Museum of the Future join hands with MBRSC

Museum of the Future, MBRSC to spotlight UAE space milestones

The partnership was announced by Emirati astronaut Sultan Al Neyadi in a video filmed from the International Space Station

Pet-friendly communities

Pet-friendly communities: Co-existing with your furry friends in UAE

Here’s how community managers can help create a sustainable, pet-friendly environment

Tom Cruise jets into Abu Dhabi’s new Midfield Terminal

Tom Cruise flies into Abu Dhabi for Mission: Impossible 7 premiere

The star of the highly anticipated seventh instalment of the Mission: Impossible franchise arrived on the first flight into Abu Dhabi’s Midfield Terminal

COP28 president designate

Dr Sultan Al Jaber calls for solidarity before COP28 conference

The two-day Paris gathering aimed to overhaul the climate finance system that is targeted at countries most vulnerable to global warming

hotel

Dorchester Collection to open first Dubai hotel by year end

Dubai’s hospitality industry is seeing a boom that started during the pandemic when the city opened its hotels and restaurants as other countries were still in lockdown

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

UAE’s 2022 GDP grows 7.9%, driven by non-oil activities

The statistics authority attributed the growth of the economy to innovative economic initiatives related to non-oil sectors and activities

RTA announces free parking metro timings during Eid al adha Dubai Image Twitter RTA

Eid Al Adha 2023: Dubai announces free parking; changes to metro, bus timings for holidays

All public parking – except at multi-level parking terminals – will be free from Tuesday, June 27 to Friday, June 30

AD Ports Group creates Khalifa Port drydocks

UAE’s AD Ports Group, Premier Marine form drydocks JV

The hub will be operated by SAFEEN Drydocks and will be fully equipped to accommodate a range of vessels

M42 and the Butterfly to empower people of determination

Abu Dhabi’s M42, The Butterfly partner to empower people of determination

The collaboration aims to foster a more inclusive ecosystem for people of determination in Abu Dhabi

abu dhabi tourism

Abu Dhabi targets 24 million tourists for 2023

Abu Dhabi plans to build on its destination offering for international tourists from cultural and heritage venues to state-of-the-art theme parks

Dubai announces comprehensive plan to ensure safe Eid al adha celebrations-courtesy-Dubai-Media-Office

Eid Al Adha 2023: Dubai puts comprehensive security plan in place for holidays

The plan involves government departments and police centres across the city

Dar es Salaam

DP World in talks to expand coverage to Tanzania’s Dar es Salaam port

With access to Dar es Salaam, DP World will expand its reach on the east African coast

Yas Mall

Eid Al Adha 2023: Abu Dhabi extends mall timings for shoppers

The initiative will allow shoppers to enjoy longer mall opening hours throughout the week

AD Ports, Karachi Ports JV

UAE’s AD Ports signs 50-year concession deal with Karachi Port Trust

The expansion and enhancement of Port of Karachi are expected to further cement its position as a key player in the maritime industry

Dubai government employees

Dubai upskills over 170 government employees in generative AI

The course introduced participants to some of the generative AI tools, as well as the areas in which advanced technology applications can enhance the performance of government agencies

DET AND MASTERCARD DIGITAL PARTNERSHIP

Dubai Tourism, Mastercard launch digital city partnership

The digital partnership will work to accelerate growth across the tourism ecosystem