The project, named Mercedes-Benz Places | Binghatti, will include the construction of a 65-storey residential tower set to break ground in Dubai later this year |
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| Revenue from short-term rental services in Saudi Arabia is projected to reach over $600 million in 2024 in the wake of the combined effect of the country’s policies to boost inward tourism and foreign investments |
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| Dubai will support retired people in the city to help them set up SME businesses |
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| Chairman Lewis Allsopp, who has over two decades experience in Dubai real estate, predicts average sales prices will increase 6-10 percent in 2024 |
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| Spring break for Dubai schools coincides with the holy month of Ramadan, which is expected to begin on either March 11 or 12 |
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| UAE food giants Kitopi and Careem pay a lucky Dubai resident’s AED65,000 annual rent after she won their December competition on Careem Food |
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| Bahrain tops Ookla’s speedtest ranking for 5G gaming in GCC |
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UK plans to introduce electronic travel authorisation for UAE, Saudi and other Gulf citizens from February 22 |
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| UAE Federal National Council hears plans for new road connecting emirates |
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| Saudi Arabia’s Ministry of Health calms fears over future spread of hypothetical Disease X |
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| NEOM introduces Saudi resort with nature focus, stargazing attractions and plans for native plants and animals |
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| Saudi Arabia’s Transport General Authority to introduce new rules for delivery sector |
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| ADREC also revealed the total value of budgets approved for jointly owned property development projects until the end of the fourth quarter of 2023 reached AED685 million |
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| General Authority of Civil Aviation prepares for future of transport in Saudi Arabia |
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| Dubai Business Events reports 49 per cent increase in successful bids |
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| From all the firms registered, the authority noted an increase in Asset Managers and Hedge Fund Managers establishing presence in DIFC |
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| In 2023, Alexa’s monthly active users in the Middle East witnessed an impressive 40 percent increase, reflecting a substantial surge in engagement |
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The synergy between corporate endeavors and governmental support is essential to amplify the impact of policy |
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| The region will continue to pave the way for a global regulatory landscape for virtual assets, cryptocurrencies, and DeFi |
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