The total number of US$10 million plus home sales in Dubai grew by 92.4%to 431 sales during 2023, according to analysis carried out by global property consultancy, Knight Frank.
The total value of sales above this price point grew by 91% last year to US$ 7.6 billion, 28% of which was achieved in Q4 alone.
Dubai's non-oil private sector grew robustly in December, with activity reaching its highest level in 16 months as new orders rose and cost pressures eased.
Gold prices in Dubai, the United Arab Emirates (UAE) today, Sunday, January 7, opened at a selling price of AED 7512.97 per ounce
Gold prices in Dubai, the United Arab Emirates (UAE) today, Tuesday, December 26, opened at a selling price of AED 7581.14 per ounce, according to UAEgoldprices.com.
Mohamed Ali Al Janahi, Executive Director of the Member Support Services Sector at the Ajman Chamber of Commerce and Industry
Sharjah Economic Development Department (SEDD) has organised a Business-to-business (B2B) meeting to consolidate relations between business partners and provide all forms of support necessary to develop the entrepreneurship sector in the Emirate of Sharjah.
The Sharjah Finance Department (SFD) has launched its strategic plan for the years (2023-2025), in response to the financial aspirations of the Emirate of Sharjah, and in line with its fundamental role in driving development and keeping pace with regional and global financial developments, aiming to achieve its mission in supporting the transformation of Sharjah into a vibrant financial investment center.
The Ministry of Economy held a media briefing on Wednesday to introduce the Federal Decree-Law No. 14 of 2023 on Commerce through Modern Means of Technology (e-commerce) in line with the country's strategic direction for digital transformation.
The trade between the UAE and Iraq has witnessed substantial growth of over 60% last year, underscoring the enduring economic ties between the two nations, according to the Iraq Britain Business Council (IBBC) management.
Abu Dhabi’s Advanced Technology Research Council (ATRC) has introduced an AI company known as AI71, a competitor to other big AI firms like OpenAI.