Dubai approved the Virtual Asset Regulation Law on Wednesday to regulate this new-age business, which has been rapidly increasing. As this new business develops, the local market has witnessed a slew of local and international entrepreneurs and investors build digital assets in recent years. Because this industry is not fully regulated around the world, here are some guidelines that local investors and...

According to the latest PMI survey data, Dubai-based non-oil enterprises reported a sharper rebound in business conditions in February, following the Omicron wave of the Covid-19 pandemic caused a new slowdown in demand at the start of the year. Business activity grew at a rapid pace, although input price constraints eased. However, employment grew only slightly, and businesses continued to stress...

Last year, 93 residences with a price tag of $10 million or more were sold in Dubai, setting a new record. Dubai's residential market saw over 52,000 apartment and villa purchases in 2021, totaling Dh114.2 billion, which is greater than the combined totals for 2019 and 2020. "The worldwide elite continue to have an insatiable taste for Dubai's most luxury properties," said Faisal Durrani, Partner...

Business Bay, Al Barsha South, International City, Al Karama and Dubai Marina will remain popular communities for apartments on rent in 2022 According to a survey, Arabian Ranches 2, Damac Hills, and Jumeirah Islands are expected to remain popular villa communities for rent this year, while Business Bay, Al Karama, and Dubai Marina are expected to dominate the apartments segment due to their prime...

The photographic collection depicts the important role that women have played in shaping the UAE's history. To commemorate International Women's Day and as part of the UAE Gender Balance Council's (UAEGBC) 'UAE's Women Face Print' exhibition, the UAE Pavilion at Expo 2020 Dubai will feature 30 photographs of Emirati women. A painting of Her Highness Sheikha Hind bint Maktoum bin Juma Al Maktoum,...

Creating a company in the UAE is a significant step that can provide additional opportunities and benefits to any business. If you are looking for a well-established entity to help you build your business, Al Arabiya Business Setup is the company for you. Al Arabiya, based in Dubai, offers a one-of-a-kind solution for entrepreneurs and investors interested in investing in the UAE. The company provides...

Five of the world's 100 tallest buildings are currently under construction in Dubai. The construction of the world's tallest hotel, Ciel, in Dubai has reached the halfway point, with the 365-metre-tall skyscraper set to open in the first half of 2024. Work on the megastructure, which is being developed by The First Group, is continuing beyond the 52nd floor and is expected to be completed in the...

The Dubai Land Department (DLD) has released the first edition of the city's official Residential Rental Performance Index (RRPI). According to Ejari Registrations, the top areas for rental contract registration in January 2022 were Jebel Ali First with 1,811 registrations, followed by Naif with 1,760. In 2021, Al Karama (1,754), Al Warsan First (1,601), and Al Suq Al Kabeer (1,457) were also among the...

Loyal visitors to Expo 2020 have been awarded a prestigious new honour - the white passport. In a ceremony presided over by Reem Al Hashimy, UAE Minister of State for International Cooperation and Director of Expo 2020 Dubai, fifty loyal visitors were presented with a ceremonial award. They also received an Expo 2020 bag, pin, wrist band, key chain, and guide in addition to their new passports. The...

Mauritius is eager to form strategic alliances and partnerships with the UAE investor community in order to expand into African markets, according to the Indian Ocean nation's senior minister. Soodesh Callichurn, Minister of Commerce and Consumer Protection, who is leading a Mauritian delegation to the UAE, stated that the island nation is better positioned to serve as a gateway to the African...