Picture used for illustrative purposes only.
Inayat-ur-Rahman, Business EditorThe Dubai property market is witnessing a remarkable recovery as an upward trend is noted in both the prices and demand for residential properties. While there are other factors at play, the growth is mainly attributed to Expo 2020 Dubai, as areas closer to the global fair site are performing exceptionally well.
The resurgence of the UAE’s real estate market continued in Q2 2021, with some segments seeing double-digit growth in sales prices ahead of Expo 2020 in Dubai.
The Dubai real estate sector has witnessed an upward trend in the rental market in Q3, 2021, with an estimated 14% increase in affordable housing and up to 30% increase in luxury housing in selected areas.
Data from the Dubai Land Department (DLD) showed that real estate sales topped Dhs132.6 billion since the beginning of the year until now.
The UAE has been ranked first in the in the region, and fourth globally in the Global Entrepreneurship Index (GEI) 2020 by the Global Entrepreneurship Monitor (GEM - NECI), climbing up from its fifth ranking in the 2019 report.
Businesses in the UAE are embracing all new technological developments to drive the country’s digital transformation drive and strengthen their customers’ base for more growth,
With $16.7 billion worth of exports last year, the US-UAE Business Council is poised to further enhance ties between the United States and the UAE in healthcare,
Pakistan’s stocks, sovereign bonds and currency were lifted on Friday by growing hopes that the country can unlock funding from the International Monetary Fund