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Arabian Ranches, Dubai Hills Estate, Downtown Dubai, and Dubai Marina have remained the preferred choices among high-net-worth investors
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The UN agency’s warning came days ahead of the International Monetary Fund’s forthcoming October 2022 World Economic Outlook as world markets continue to flash red signs that the global economy is teetering on a cliff’s edge
The GCC generates between 105 and 130 million tonnes of waste per annum, primarily from Municipal Solid Waste (MSW), Construction and Demolition Waste (CDW), and agricultural waste, with Saudi Arabia and the UAE accounting for approximately 75 per cent
IBS Software, which is celebrating its silver jubilee milestone this month, has been closely working with some of the leading airlines in the world to manage their mission-critical operations
While Dubai’s largest bank Emirates NBD elevates the growth forecast for the UAE to seven per cent in 2022, the World Bank sees the country as the fastest rebounding economy in the GCC
With its 1,448,471,400-strong online population, the UAE is expected to increase e-commerce spend by an additional 22.32 per cent in 2022, well on track to surpass $8 billion in online sales value by 2025 from $5 billion recorded in 2021
The World Bank study further points out that the world’s three largest economies — the United States, China, and the euro area — have been slowing sharply. Under the circumstances, even a moderate hit to the global economy over the next year could tip it into recession
Top five UAE banks report a combined net profit of $4.4 billion in first half of 2022, up 10 per cent from $3.9 billion in the same period in 2021
Shrinking US strategic petroleum reserves (SPRs) and European Union’s move to severely limit its purchases of Russian oil are likely to aggravate the supply, leading to a sharp rebound in prices that hit the lowest in months on Friday
The Indian rupee is likely to fall further after hitting a record low of 80.70 against the dollar or 21.95 against the dirham on Thursday