Economic Growth

UAE's AD Ports Unit Launches in Türkiye as Part of Expansion Plans

UAE’s AD Ports Unit Launches in Türkiye as Part of Expansion Plans

The UAE's AD Ports Group has made a significant move by launching operations in Türkiye, marking a strategic expansion aimed at enhancing its global footprint. This initiative aligns with the group's broader goal of becoming a pivotal player in international logistics and trade. Strategic Partnership with Tosyalı Holding AD Ports Group has entered a collaboration with Tosyalı Holding, one of...

Dubai Remains Top Globally for Greenfield FDI Projects, Beating Singapore and London

Dubai Remains Top Globally for Greenfield FDI Projects, Beating Singapore and London

Dubai continues to solidify its position as a global hub for investment, with recent data confirming its status as the top destination for greenfield Foreign Direct Investment (FDI) projects. Surpassing renowned financial centers like Singapore and London, Dubai's attractiveness to investors underscores its resilience, strategic location, and business-friendly environment. A Testament to Dubai's...

Dubai Real Estate Industry Poised to Deliver 34,000 Units in 2024

Dubai Real Estate Industry Poised to Deliver 34,000 Units in 2024

Industry experts convened at a panel discussion foresee continued growth in the UAE's real estate market throughout 2024, despite global economic uncertainties. Projections indicate that Dubai and Abu Dhabi will collectively contribute approximately 34,000 and 8,000 units, respectively, to the burgeoning real estate landscape. Read this also : Zayed Housing Programme: A Key Contributor to Housing...

Dubai to Allocate 15% of Property Sales to Emirati Brokers

Dubai to Allocate 15% of Property Sales to Emirati Brokers

To enhance job opportunities for residents, the Dubai Land Department (DLD) announced a groundbreaking initiative on Sunday. The department has entered into agreements with nine prominent developers, both private and government-backed, to reserve a specific percentage of their projects for sale through Emirati brokers. Read this also : Expo Sharjah Plans Expansion to Attract New Exhibitors and Boost...

Dubai Holding Announces Merger of Nakheel and Meydan: Sheikh Mohammed's Vision for Economic Growth

Dubai Holding Announces Merger of Nakheel and Meydan: Sheikh Mohammed’s Vision for Economic Growth

In a landmark announcement, Sheikh Mohammed bin Rashid Al Maktoum revealed the collaboration between leading property developers Meydan and Nakheel under the umbrella of Dubai Holding, aiming to amplify Dubai's economic trajectory. This strategic move is part of a concerted effort to "consolidate and bolster Dubai's economic advancement," Sheikh Mohammed emphasized. Read More : Hudayriyat Island...

In 2023, DIFC records record growth with 34% more company registrations

DIFC Reports Record Growth in 2023: A Closer Look at the Financial Hub’s Success

In a recent press release issued by the Dubai Government Media Office, the Dubai International Financial Centre (DIFC) celebrated its unprecedented growth and reaffirmed its status as the premier global financial hub for the Middle East, Africa, and South Asia (MEASA) region. Amidst record-breaking achievements in 2023, DIFC showcased an impressive 34% year-on-year growth in new company registrations,...

Ajman real estate, JLL consultancy, Economic development, Foreign investment, UAE real estate market, Strategic planning, Market analysis, Property market trends, Rental market, Investment opportunities, Tourism development, Economic growth, Market competitiveness, Real estate transactions, Hospitality industry

Ajman Real Estate Sector Revamp: JLL Crafting New Competitive Strategy

In a bid to bolster Ajman's real estate sector and attract increased foreign investment, the Ajman Department of Economic Development has enlisted the expertise of JLL consultancy to devise a transformative strategy. With a rich history of operations in the UAE, JLL is poised to contribute significantly to the rejuvenation of Ajman's real estate landscape with innovative strategies tailored for sustainable...

Ajman's Real Estate Revamp: JLL Consultancy Takes the Lead

Ajman’s Real Estate Revamp: JLL Consultancy Takes the Lead

The Ajman Department of Economic Development has taken a significant step towards revitalizing the emirate's real estate sector by enlisting the expertise of JLL consultancy. With a formidable track record in the UAE, JLL will spearhead the development of a comprehensive strategy aimed at propelling Ajman's real estate market into a new era of competitiveness and growth. Read More : The UAE Ranks as the...

The UAE Ranks as the Most Stable Economy Globally and 10th Best Country in Soft Power

The UAE Ranks as the Most Stable Economy Globally and 10th Best Country in Soft Power

According to a recent global power survey, the United Arab Emirates (UAE) has emerged as the nation with the strongest and most stable economy worldwide, alongside being recognized as one of the top countries in terms of 'soft power'. For the second consecutive year, the UAE secured the 10th position in the Brand Finance Soft Power Index 2024, making it the sole country from the Gulf region to feature...

Is the Real Estate Market Booming in Dubai?

Is the Real Estate Market Booming in Dubai?

Dubai, known for its iconic skyline, luxurious lifestyle, and dynamic economy, has long been a magnet for real estate investors worldwide. But is the real estate market truly booming in Dubai? Let's delve into the current state of affairs. Click Here to Read More : Dubai Prime Property Sector Set for Robust Price Surge in 2024 1. Surging Demand: Dubai's real estate market is experiencing a surge in...

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