FeaturedReal EstateDubai rents is set to increase further in 2022IFM CorrespondentJanuary 13, 2022 by IFM CorrespondentJanuary 13, 2022 Villas and apartment rents in Dubai will continue to increase this year but at a slower pace... Read more
EnergyFeaturedACWA Power beginning the first phase of the Noor energy projectIFM CorrespondentJanuary 11, 2022 by IFM CorrespondentJanuary 11, 2022 The project is in line with Dubai’s clean energy strategy 2050 and aims to boost Dubai’s clean energy share to 25% by 2030... Read more
FeaturedTechnologyDubai-based blockchain company Hyperspace raises $11 mn to create immersive entertainment attractionsIFM CorrespondentNovember 18, 2021 by IFM CorrespondentNovember 18, 2021 The funding will also be used for a social media and metaverse generation... Read more
FeaturedReal EstateSharjah real estate sector sees 16,781 transactions worth Dh5.7 bn in Q3 21IFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 This is a 22.7% increase when compared to the same period last year... Read more
FeaturedPorts and ShippingDP World launches its global wholesale e-commerce platform DUBUY.com in KenyaIFM CorrespondentNovember 11, 2021 by IFM CorrespondentNovember 11, 2021 The launch in Kenya marks the six-month milestone since DUBUY.com first began trading operations in Rwanda... Read more
FeaturedWealth ManagementUBS to expand coverage in Oman and Kuwait with new wealth desk in DubaiIFM CorrespondentOctober 22, 2021 by IFM CorrespondentOctober 22, 2021 The new wealth desk will be headed by former Credit Suisse banker Georges El Khoury... Read more
FeaturedReal EstateForeign investors activities in Dubai real estate market increasesIFM CorrespondentOctober 18, 2021 by IFM CorrespondentOctober 18, 2021 This is attributed to various visa reforms introduced by the government... Read more
FeaturedPorts and ShippingDP World, CDC Group pledge $1.7 bn to develop ports in AfricaIFM CorrespondentOctober 13, 2021 by IFM CorrespondentOctober 13, 2021 DP World will invest around $1 bn in Dakar in Senegal, Ain Sokhna in Egypt, and Berbera... Read more
FeaturedReal EstateDubai records 283 sales transactions worth Dh580.54 mn in a single dayWebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The massive sale consisted of 194 units, 31 buildings, and 58 land plots and the mortgages included 20 units, 5 buildings and 23 land plots... Read more
IndustryMagazineReal EstateWhat’s driving Dubai’s real estate recovery?WebAdminJuly 30, 2021August 2, 2021 by WebAdminJuly 30, 2021August 2, 2021 Dubai’s real estate market has already picked up and sales are on a high at the moment leading to an increase in transactions in the coming months... Read more