Time ticking on investments: Are watches the new gold rush?Dubai real estate: Apartment rents to rise further on revised RERA rates, says report1 Billion Followers Summit: Sheikh Mohammed announces $41m Dubai content creation fund and influencer headquartersBRICS: UAE, Saudi expansion marks biggest challenge to the US dollar in the 21st centuryNEOM Aquellum: New Saudi development built into 450m mountain and accessed via underground canal and floating marina |
Arabian Business covered exciting stories on Thursday, featuring a range of topics that shaped the region's landscape. |
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Stay up to date with the latest trending stories handpicked by our editors, in case you missed them yesterday: |
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In a world of volatile markets and economic uncertainty, investors are progressively exploring alternative realms for their investments – Cryptocurrency, NFTs, and precious metals have been prominent areas for capital allocation in recent years. However, one such ‘safe haven’ that is growing in popularity is – watches. |
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In the real estate sector, the property market cycle in Dubai is expected to enter a new phase, with a resurging apartment market and more tempered growth in the villa market, according to a new report by ValuStrat. |
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As for Saudi Arabia, additionally, NEOM announced Aquellum, a new luxury development built into mountains and accessed via an underground canal and floating marina. The latest addition to the Saudi megadevelopment in the northwest of the Kingdom has foundations steeped in cutting-edge technology, avant-garde architecture and forward-thinking concepts. |
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Estimated to cost AED18 billion (approximately $4.9 billion) in total investments, the Dubai Metro Blue Line will be the emirate's newest and most significant public transit initiative when it opens for service on October 9, 2029. |
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