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UAE ranks ninth in global list of total exports and re-exports of creative goods industries (22 March 2017)
UAE has been positioned in ninth place in the global list of total recorded exports and re-exports of creative goods, valued at US$16.1 billion.

International tourism to Dubai hit a record 12% year-to-date growth setting 2017 off on a strong trajectory (22 March 2017)
Dubai Tourism, reported a 12 percent year-on-year growth over the first two months of 2017, which saw Dubai welcoming just over three million visitors, nearly four times the rate of the previous year.

90% of buildings at Bluewaters undergoing work on facades as the island nears completion (22 March 2017)
Meraas has revealed construction at Bluewaters is over 75 percent complete. Construction has transitioned from structural work to the distinctive facades on the island in preparation for the handover of the unique Bluewaters residences in Q1, 2018.

Foreign direct investment in Russia surged to $8.3 billion during 2016 (22 March 2017)
Foreign direct investment in Russia surged to $8.3 billion during 2016, more than the $5.9 billion as reported for 2015, according to Central Bank data.

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Enchanting Dubai - Top 3 Family Activities

Dubai has a massive expat population and this comes as no surprise because the economic attractiveness of the city has skyrocketed in the past few decades. There are immigrants coming from all over the world such as India, Pakistan, Bangladesh, the U.S., and several countries from Europe. Around 90 percent of UAE’s workforce are immigrants.

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Dubai economy continues to show growing buoyancy despite challenges

The Emirate of Dubai continues to show growing levels of buoyancy in different business sectors, boasting growing demand and increasing returns thanks to its highly sophisticated industrial base and rising foreign investment quotas for its property and financial markets. The impressive economic success story, according to recent business reports, is attributed to a number of factors, primarily well-thought out planning that carefully takes into consideration recovery and deceleration circumstances, application of best practices and optimum utilisation of resources.

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DED launches ’e-Trader’ to license business activities across social networking accounts

The Business Registration & Licensing (BRL) sector in the Department of Economic Development (DED), Dubai, has launched ‘e-Trader,’ a first-of-its-kind initiative in the region, which will allow Emiratis and GCC citizens in Dubai to conduct business activities on social networking sites. The initiative is part of enhancing transparency and regulating the practice of offering products and services for sale on social media.

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6 Grey Swans that could cast a shadow on 2017

The Arab Strategy Forum has predicted six political and economic ‘Grey Swan’ events that have a high likelihood of occurring in 2017, said Director of the Forum, Suha Al Aleeli. The forum’s latest report, Al Aleeli added, establishes a scientific account of six unexpected events that could take place this year. The author outlines consequences of these events and their potential regional and international impact, she noted. The report noted that these ‘Grey Swans’ include a cyber attack that cripples the global economy, where countries rapidly resort to methods to protect their e-systems and national security and a global trade war that is triggered as the world enters a global trade recession, where countries are likely to use protectionism to protect their own workers and industry.

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Dubai Properties Versatile 22,000+ Unit Residential Leasehold Portfolio responds to Dubai Market Dynamics

Dubai Properties, a leading Dubai-based real estate master developer and asset manager’s leasehold portfolio continues to address market demand through its wide ranging built-to-lease communities comprising more than 22,700 residential units. DP’s broad leasehold inventory ranges from family-friendly and affordable communities to staff accommodation and built-to-suit residences, all of which strategically fulfil the needs of the Emirate’s residential property market. DP serves the residential leasehold demand across the Emirate through new and innovative projects that are self-sufficient, holistic, and in-line with the design and infrastructure needs of an ever-evolving community.  A contemporary approach to real estate solutions, including community and facilities management capabilities, along with a culture of service, have cemented DP’s leading position in the leasehold segment.

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3:10:45 PM , 23 Mar 2017

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