Dubai International Airport expects to welcome 3.43 million passengers by the end of summer
As the summer vacations draw to a close, Dubai International Airport (DXB) prepares to welcome a massive influx of travelers. Expected to receive over 3.4 million passengers over the next few days, DXB continues to strengthen its position as the world's leading hub. Let's take a closer look at how DXB is managing this [...].
New agreements between Dubai Land Department and 7 real estate developers
Dubai real estate is undergoing an unprecedented transformation thanks to a major initiative between the Dubai Land Department (DLD) and seven leading developers. These agreements aim to strengthen collaboration with the private sector, improve the efficiency of real estate services and increase market transparency. Find out how these changes will affect real estate transactions in this article. An initiative to [...]
Dubai officially approves Bitcoin and cryptocurrencies for salary payments
The Dubai Court of First Instance recently recognized cryptocurrency as a valid form of wage payment. This decision marks a major turning point in the United Arab Emirates' approach to digital currencies. Let's take a look back at the implications of this breakthrough and its future impact. A landmark decision on cryptocurrency salaries Dubai is no stranger to [...].
Emirates tighten labor laws with new regulations
Recent amendments to labor laws in the United Arab Emirates (UAE) signify a significant change in the way labor relations are governed. The new regulations aim to strengthen protection for both workers and employers, while imposing severe penalties for non-compliance. For anyone working or having a [...]
Dubai plans 25,000 new homes before the end of the year
Dubai's real estate market continues to grow at an impressive pace, with forecasts indicating the addition of 25,000 new homes by the end of the year. This rapid expansion is fuelled by strong demand for off-plan projects, a trend that remains a major attraction for expatriates and international investors. [...]
Dubai breaks record with 9.31 million visitors in the first half of 2024
Dubai: a destination of choice, attracting a record number of international visitors in 2024 In 2024, Dubai continues to establish itself as a must-see tourist destination. The first half of the year saw the emirate attract an impressive 9.31 million international visitors, marking a 9% increase on the previous year. This growth testifies to the emirate's ongoing efforts to [...]
The United Arab Emirates offer a 2-month grace period to regularize residence visas
New UAE government initiatives for visa violators Recently, the United Arab Emirates (UAE) authorities introduced a key measure enabling residents who have violated the terms of their visas to regularize their situation. The two-month grace period is attracting a great deal of interest from both nationals and [...].
Dubai tests the 4-day week and cuts summer working hours
Dubai's flexible summer program: an innovative model for employee well-being and performance Dubai is breaking new ground again with an avant-garde initiative aimed at improving the quality of life and professional performance of its government employees. With the launch of the "Our Summer is Flexible" program, the Dubai Government's Human Resources Department aims to redefine [...].
95% of expatriates in the Emirates note a financial improvement in 2024
Expats in the United Arab Emirates: better off financially in 2024 Expats living in the United Arab Emirates (UAE) are feeling a marked improvement in their financial situation. According to a recent survey, 95% of them claim to be in a better or slightly better financial situation than a year ago. This article explores the main reasons behind this [...].
Dubai off-plan property prices set to rise by 15% in the second half of 2024
The real estate market outlook in the United Arab Emirates in 2024 The real estate market in the United Arab Emirates is poised for substantial price increases, particularly in the off-plan segments of Dubai, Abu Dhabi and Ras Al Khaimah. This trend is being fuelled by a number of factors, including rising construction costs and the [...]
Dubai Airport sets record with 44.9 million passengers in the first half of 2024
Dubai: Phenomenal airport growth in the first half of 2024 At the start of 2024, Dubai International Airport (DXB) recorded record passenger numbers. This notable growth reflects not only the growing appeal of the city of Dubai to travelers from all over the world, but also the emirate's economic dynamism. Let's take a closer look [...]
Dubai real estate figures: July 2024
In July 2024, Dubai's real estate market posted a notable performance, with the total value of transactions reaching AED 61,127,350,506. This represents an increase of 7% on June 2024 and 23% on July 2023. Land transactions accounted for 42.60% of the total, [...].
Why are the Dubai Islands an investment gem?
Dubai Islands: an investment gem in the heart of the Arabian Gulf Discover why the Dubai Islands have become a preferred destination for investors and luxury enthusiasts. Combining natural beauty and modern comforts, this man-made archipelago offers an exceptional living environment close to the emirate's main business districts and attractions. In this article, we take a look at the [...]
Dubai's GDP growth reaches 3.2% in Q1 2024, totaling 28.5 billion euros
Dubai's economic growth: a blueprint for success in 2024 Dubai continues to demonstrate impressive economic resilience and momentum. The first quarter of 2024 mirrors the trend already observed in 2023, with key sectors of the economy contributing significantly to its gross domestic product (GDP). In this article, we take a look at the main sources of economic growth in [...].
Health insurance for tourists in the United Arab Emirates
Health insurance for tourists in the United Arab Emirates: a revolutionary step forward The United Arab Emirates (UAE) recently announced a new scheme offering health insurance to tourists when they apply for their visa. The program promises to dramatically improve visitors' experience, while securing their medical care during their stay. Let's take a closer look at what this initiative entails [...].
Abu Dhabi real estate market to grow strongly in the first half of 2024
In the first half of 2024, the Abu Dhabi real estate market experienced impressive growth, revealing notable increases in sales prices and rents. This dynamic can be explained by increased demand for high-quality properties in both the affordable and luxury segments. This article explores the main trends in the real estate sector [...].
New residents avoid rising rents by buying properties within 2 years of arriving in Dubai
Dubai is attracting more and more new residents every year. However, with rental demand growing rapidly and supply limited, rental prices are skyrocketing. To alleviate this economic problem, many new residents are opting to buy property instead of continuing to rent. This trend has significant implications for the market [...].
New government appointments in the United Arab Emirates
The Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, recently announced a series of key changes to the UAE Cabinet. These significant transformations are aimed at strengthening the country's domestic and foreign policies, while supporting economic and educational development. This article provides a detailed overview of the new appointments, the [...]
Bloom Market, the world's largest air-conditioned fruit and vegetable market
Dubai continues to establish itself as a world leader in innovation and infrastructure. With the introduction of Bloom Market, the world's largest air-conditioned fruit and vegetable market, the city offers a new and modern shopping experience that meets the varied needs of consumers and retailers alike. Bloom Market: a masterpiece of modernity Innovative design [...]
Dubai to develop the world's largest automotive market
Dubai is positioning itself as a key player in the automotive trade with the forthcoming creation of the "Dubai Car Market". This initiative, driven by the vision of Emirati leaders, aims to establish the most advanced and extensive car market in the world. This article explores the objectives, benefits and potential impacts of this ambitious project. Objectives of the [...]
Dubai Green Spine: a green revolution for the city's future
The city of Dubai is set to launch a revolutionary infrastructure project that promises to transform the way we perceive expressways. Dubbed "Dubai Green Spine", this ambitious project aims to create the greenest road in the world, in line with Dubai's Urban Master Plan 2040. Thanks to the use of renewable energies and the integration of green [...]
Gulf tourism: $340 billion contribution to GDP by 2030
The Gulf Cooperation Council (GCC) is gearing up for a real transformation in its tourism sector. Over the next few years, this industry is set to experience significant growth in its contribution to Gross Domestic Product (GDP), rising from 130 billion dollars in 2023 to over 340 billion dollars by 2030. This [...]
Dubai's Crown Prince approves Jebel Ali beach project
Dubai, famous for its innovation and ambitious projects, is preparing to welcome a major new attraction with the development of Jebel Ali beach. This unprecedented project aims to transform the way public beaches are perceived and used, not only in the UAE but potentially worldwide. The project [...]
Tasreef: Dubai approves USD 8.2 billion drainage network
The city of Dubai is preparing for future climate challenges with an ambitious plan to modernize its stormwater drainage network. The Tasreef project is part of the emirate's strategic vision for integrated, sustainable water resource management. An unprecedented project: Tasreef The project, christened "Tasreef", will [...]
Mapping the seabed in the Emirates to predict earthquakes
On July 1, 2024, a photo shared by the Abu Dhabi Media Office highlighted the OceanXplorer, "the most advanced research vessel ever built" according to the Environment Agency - Abu Dhabi (EAD). The 20-day mission mapped the seabed around the United Arab Emirates. In collaboration with M42 Healthcare, Bayanat and OceanX, this expedition [...].