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In today’s newsletter:

Discover the latest stories from Arabian Business, compiled by our editorial team. Here's what you missed on Thursday:

The UAE has introduced visa changes for Indian nationals, making it easier to visit the country. Indian nationals holding residency or tourist visas for the EU, US, or UK will now be eligible for visa exemption when entering the UAE. This move aims to simplify travel for Indian visitors, as the economic relationship between the UAE and India continues to strengthen.

On the real estate front, Dubai's real estate market continues to perform strongly, with neighbourhoods offering returns on investment of up to 11.18 percent. The dubizzle quarterly report highlighted rising property prices, driven by increased demand and factors such as the Golden Visa programme and investor-friendly initiatives.

Meanwhile, Dar Global has been announced as the Platinum sponsor for the 2024 Arab Woman Awards, set to take place on October 29 in Dubai. The event will recognise the achievements of women leaders in the Arab world. Other sponsors include Swank Development and GE Healthcare.

In other news, Boeing is reportedly planning to raise around $15 billion through common shares and a mandatory convertible bond. The move comes as the company looks to strengthen its financial position, affected by a strike, with plans to raise as much as $25 billion in stock and debt.

Aside from this, artificial intelligence is not expected to replace jobs but support workers with tasks, according to Dr Erik Brynjolfsson, a visiting Stanford professor speaking at a Dubai conference. He described AI as one of the most influential technologies, similar to the Watt steam engine, and emphasised the need to focus on augmentation rather than automation.

^{Until next time, Sharon Benjamin for Arabian Business}

THE LONGER READ:

Thirteen years ago, Noor Naim was homeless in Turkey. Now, she’s the top Arab female YouTuber with 60 million followers, aiming to become the region’s first social media billionaire

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