Dubai real estate transactions exceeded AED 259 billion last year. The Dubai Land Department’s media report for 2016 reveals that the real estate market in the emirate is moving towards sustainable growth. Last year, 134 new projects were launched worth AED 100 Billion. His Excellency Sultan Butti Bin Merjen, Director General of DLD, predicts that the market in Dubai will gain further momentum in 2017, signalling an upward trend for sustained growth in the run-up to Expo 2020.
UAEFTS processes AED 19.89 trillion in transactions in 2024
The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 19.898 trillion during 2024, according to the latest statistics from the Central Bank of the UAE (CBUAE).
DEWA contributes AED 20m to Fathers’ Endowment campaign
Dubai Electricity and Water Authority (DEWA) announced a contribution of AED 20 million to the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai.
DP World reports record $20 bln revenue in 2024
DP World has announced revenue grew by 9.7 per cent to $20 billion (AED 73.5 billion), and adjusted EBITDA rose by 6.7 per cent to $5.5 billion (AED 20.2 billion), with an adjusted EBITDA margin of 27.2 per cent for the year ending December 31, 2024.
UAE cinema industry records AED 800m in revenue in 2024
The UAE's cinema industry generated AED 800 million in revenue last year, fueled by an increase in audience engagement, the Emirates News Agency said.
Abu Dhabi reports major growth in consumer protection indicators
Abu Dhabi saw a significant rise in the resolution of consumer complaints against commercial establishments last year, with 90 per cent of cases being settled amicably, compared to 83.4 per cent in 2023.
10:00am - 11:00am
Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.
11:00am - 1:00pm
Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.
UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
