Dubai’s villa segment will continue to dominate, with areas such as Dubailand, Dubai South and District 2020 gaining popularity, the CEO of MAF Communities said |
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The consolidated financial results for the first quarter of 2022 highlighted a 20 percent increase in group revenues of AED 12.4 billion, compared to the prior-year period
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Although Saudi Arabia led the GCC in terms of consulting market growth, the UAE, the region’s second largest market, also grew at an impressive 16.6 percent, largely driven by the country’s desire to emerge from the pandemic in a strong position
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Growth in net profit and total income in the first three months of 2022 was driven by robust performance across the property and the manufacturing, contracting, and services segments, the firm said
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Dubai International Airport recorded the busiest quarter since 2020 with 13.6 million passengers travelling through DXB in the first three months of 2022
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The Abu Dhabi sovereign wealth fund saw total comprehensive income grow almost 70 percent
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Bassem Daher, a partner at Dubai-based Galadari Advocates and Legal Consultants, discusses the impact of the DIFC’s consultation paper proposing amendments to its prescribed company regulations
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The region’s biggest low-cost airline also posts 97 percent increase in turnover in the first quarter of 2022
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An electronic visa waiver allows the holder to travel to the UK without obtaining a visa, provided they complete an online waiver for each visit. As a result, British visas will be granted for £30 within 48 hours. |
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Strong demand for the dirham denominated federal treasury bonds reflects investor confidence in the UAE’s economic and financial policies and cements the UAE’s position as an attractive hub for investment, the UAE Deputy Prime Minister said
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Prime residential prices, encompassing Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island, surged by 58.9 percent over the last 12 months, according to global real estate consultancy Knight Frank
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New EU recommendations on face masks are set to come into effect from May 16, 2022, although rules for masks will continue to vary by airline beyond that date
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The airport maintenance and expansion project will boost operational safety levels, enhance airport capabilities, and help accommodate larger aircraft
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Organisations must survey and talk to their current employees, especially newly on-boarded and front-line employees, an expert said
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With housing costs rising again in Dubai and other large expat markets such as Singapore, firms must rethink how they approach this expense to attract and retain talent |
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Commitment to treat technology and organisational culture as two interconnected entities is key to shifting to a democratised IT model
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In the first of a three-part series, Tammer Qaddumi, the founding partner of VentureSouq, explores the dramatic growth of regional fintech firms in 2021
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Approximately 59 percent of UAE organisations reported ransomware attacks in 2021, as the proportion of victims paying the ransom following cyberattacks continues to increase |
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