Latest Insights

Dubai has secured 427 international events, reflecting its strategic focus on business tourism. These events will boost key sectors, including hospitality, retail, and transportation, while solidifying Dubai's global position as a premier destination for conferences and exhibitions.

Global Village Dubai, established in 1997, has grown into a major cultural and economic hub, attracting millions of visitors each season. Owned by Dubai Holding, it showcases pavilions from over 75 countries, contributing significantly to the local economy and providing a platform for entrepreneurs and SMEs.

Damac Properties is tokenizing $1 billion worth of real estate assets in partnership with blockchain platform MANTRA. This initiative aims to revolutionize property investments by increasing liquidity and accessibility for global investors, while raising questions about potential risks and regulatory challenges.

ADQ’s $750 million takeover bid for Aramex aims to create a fully integrated logistics ecosystem in the UAE. The acquisition promises enhanced operational efficiency, expanded market reach, and innovation in logistics, while raising questions about integration risks, market competition, and implications for shareholders.

The GCC's quick commerce market is projected to grow from $4 billion to $15 billion over the next five years. Key players like Noon, Careem, and Talabat are diversifying their services and adopting super app models to capture greater consumer wallet share.

GEMS Education is set to open the GEMS School of Research and Innovation in Dubai Sports City by August 2025. The school will offer the English National Curriculum, feature state-of-the-art facilities including a helipad, and prioritize personalized learning with small class sizes. Annual fees will range from AED 116,000 to AED 206,000.

Ekttitab Holding Company, founded in 1999, is a Sharia-compliant investment firm based in Kuwait. Despite recent financial challenges, including a net loss of KWD 2.73 million in the third quarter of 2024, the company continues to focus on strategic investments and acquisitions across various sectors. Investors should monitor its financial performance and strategic initiatives closely.

The UAE's financial sector is experiencing transformative changes with a $20 billion investment in U.S. data centers by DAMAC Properties, a new Comprehensive Economic Partnership Agreement with Australia, and a notable expansion in the non-oil private sector. These developments are set to diversify the economy, attract foreign investments, and create job opportunities, positively influencing businesses and the daily lives of citizens.

Dubai’s Salik system is set for significant changes in January 2025, with tolls increasing during peak hours and two new gates already operational. For expats, understanding these updates is crucial for managing daily expenses. This article highlights the differences between the old and new pricing, explores the broader implications for businesses and residents, and provides actionable advice to minimize toll costs.