The venture capital fund will come into effect in June 2022 and will run for eight years, with a possible two-year extension. It is expected to provide more than 8,000 jobs for emerging talent. |
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| UAE is the second-largest trading partner of China in the Arab world acquiring 20 percent of its total trade, while the volume of Emirati investments in China amount to approximately $544.5 million
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| Dubai’s free zones have put in place pillars of a flexible economy that help achieve sustainability and accelerate growth, the chairman of the DFZ Council said
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| Earlier this week, Damac Group said it would invest $100 million in building digital cities in the metaverse
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| The busy holiday travel period is expected to start on 29 April, with the highest volumes of travellers on the weekend before Eid
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| Global warming is projected to exceed 1.7°C by 2100, necessitating more ‘ambitious acceleration,’ to reach a 1.5°C pathway, McKinsey report indicated
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| The Bulgari Resort and Residences transaction demonstrates that the luxury segment in Dubai’s real estate market is showing no sign of slowing down, outperforming all other segments as prices continue to skyrocket
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Fund attracted over 470,000 individual and institutional investors |
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| The emirate also reported the highest volume in sales in a single quarter since Q1 2014
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| Travellers from the UAE are opting for a significant increase in worldwide travel instead of staycations
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| The purchase will take place over a 10-year period
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| Artificial intelligence and data science are increasingly impacting the way the world works and is set to cause massive shifts to the jobs that exist |
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| The airline will also expand seat capacity, deploying both A380s and Boeing 777s
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| flydubai, SpiceJet, Indigo and Gulf Air flights among those moved to Dubai World Central airport during the 45-day closure
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Petty? Or, powerful? He is the richest man in the world, aspires to save the planet, and colonise a new one for us to inhabit. Is the world ready for Musk’s Twitter? |
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| Businesses will be able to optimise growth through gender diversity and inclusivity
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| 2022 has been difficult for markets: rate volatility, losses in government bonds and high-quality credit. What’s next? Ariel Bezalel and Harry Richards share their views
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Here’s a look at how the city has come alive with traditional and attractive lighting and décor during the Holy Month |
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What are the most attractive property options based on projected rental yields in Dubai for apartments and villas in the budget and luxury segments? |
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