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Stay informed with the latest updates from Arabian Business, where our dedicated editorial team brings you a diverse range of stories. From travel to real estate and more, here's a glimpse of what unfolded on Thursday:

Dubai Airports has plans to invest in expanding and upgrading Dubai International Airport (DXB) while developing the upcoming Al Maktoum International Airport. “Investing in the development of the airport, updating its infrastructure, and implementing advanced technology projects is a major priority for us to ensure its continued leadership as the number one airport in the world,” Paul Griffiths, CEO of Dubai Airports said.

Meanwhile, Etihad Airways is set to recruit hundreds more pilots this year to support its expanding fleet and network, delivering on the airline’s ambitious growth plans. The UAE’s national airline will embark on an international roadshow to meet pilots who may wish to join the growing global airline, beginning in eight cities across Europe before expanding to many more global locations.

On the real estate front, Luxe Developers, a UAE-based real estate firm, has become the first off-plan developer in Ras Al Khaimah to obtain a UAE Golden Visa for an investor. An investor purchased two three-bedroom flats and a penthouse at the Oceano development on Al Marjan Island for over AED35 million, securing them the long-term visa which is valid for five or ten years, through the real estate agency.

In addition, Dubai’s residential property market saw unprecedented activity in May according to the latest monthly report from Property Monitor, a Cavendish Maxwell Group company. Total sales transactions reached 17,139 for the month, surpassing the previous high set in April 2009 by more than 20 percent.

Aside from this, MENA shoppers use buy-now-pay-later services for essential purchases, rather than discretionary spending, according to shopping and financial services app Tabby. Tabby conducted an in-depth analysis of shoppers’ buying habits to determine the primary uses of buy-now-pay-later. Essential purchases include education, groceries and medical clinics, whereas discretionary spending includes categories like fashion, beauty and high-end services.

THE LONGER READ:

The overwater villas are a highlight of the resort, offering views of the mangroves and featuring infinity plunge pools amid a struggle with low tides

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