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In today’s newsletter:

  • UAE weather: Dubai schools announce home-learning again on May 2 and 3 due to rain forecasts
  • Dubai real estate: Inside Downtown Dubai’s most expensive penthouse sold for AED80mn
  • Dubai real estate buyer’s guide: All costs, extra fees for new homeonwers revealed
  • Emirates jobs: Dubai airline woos pilots with new increased salaries, career progression and benefits including villas, free schooling and 42-day holidays
  • EXCLUSIVE: Senior Nakheel management depart after Group CEO’s resignation

Stay informed with the latest updates from Arabian Business, where our dedicated editorial team brings you a diverse range of stories. From real estate to weather and more, here's a glimpse of what you missed on Tuesday:

Dubai schools will switch to home-learning schedules again this week due to rain forecasts. A message shared by the official Government media office social media channels said: “Government announces remote learning for all private schools in the emirate on Thursday and Friday (2nd and 3rd May 2024) due to weather conditions.”

On the real estate front, in a record-breaking real estate transaction, Knight Frank MENA has secured the sale of the most expensive apartment ever in the prestigious Downtown Dubai area. The four-bedroom Sky Collection Penthouse, located within the iconic Kempinski The Boulevard development, has been sold for AED 80 million (approx. $21.8 million).

In addition, the Dubai real estate market continues to face an upward momentum with increasing interest from international and local investors. As sales transactions rise across properties in the city, what are the extra costs and fees that are associated with buying a home in Dubai’s bustling property market? Here's a full guide.

In other news, Emirates is looking to recruit more pilots as it announces increased salaries, benefits packages and career progression and training schemes. To recognise World Pilots’ Day, on April 26, Emirates shone the spotlight on its own aviator roles by announcing significant and exciting changes to recruitment, including higher salaries, new roles, and a radical change to eligibility.

Aside from this, a number of senior management executives have left Nakheel, following the resignation of Group CEO Naaman Attalah. Arabian Business  understands that three senior executives have recently departed. The executives worked across a variety of the company’s functions including commercial, assets, and legal.

THE LONGER READ:

Patients from Arab countries are on the rise within the clinic, with a considerable number arriving from Saudi Arabia, Clinic Les Alpes revealed

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Editorial Director, Arabian Business

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