by Jibran Munaf | September 29, 2024 | Real Estate
Dubai’s prime office rental market has experienced a significant surge, with average lease rates climbing by 22.4% year-on-year, according to Knight Frank’s Dubai Office Market Review for H1 2024. The spike is driven by robust demand and a shortage of...
by Jibran Munaf | September 29, 2024 | Technology
Artificial intelligence (AI) has been identified as the top emerging technology fueling global foreign direct investment (FDI) growth, according to data presented at the World Free Zones Organization (FZO) 10th Annual World Congress in Dubai. AI is significantly...
by Jibran Munaf | September 28, 2024 | Automotive
Volkswagen has revised its annual outlook for the second time in under three months, citing weaker-than-expected performance in its passenger car division amid mounting challenges in the automotive market. Europe’s largest carmaker now expects a profit margin of...
by Jibran Munaf | September 28, 2024 | Industry
Dubai Maritime City (DMC) has significantly boosted its ship handling capacity, now able to manage up to 1,000 vessels annually, doubling its previous capability. This expansion is in line with Dubai’s strategic vision of becoming a top global maritime hub and...
by Jennifer George | September 27, 2024 | Economy, Industry, News, Regulations, Technology
A recent study by Dubai Design District (d3) and Dubai Media City highlights the UAE’s growing prominence in the global digital creative economy, which is projected to reach AED 27 trillion by 2030. The Digital Creative Economy 2024 White Paper, published in...
by Vasu Jit Kalia | September 26, 2024 | Energy, Industry
The UAE petrol prices change every month and the government is set to announce the new petrol prices for October next week. Petrol prices took a dip in September in the UAE, offering some relief to motorists as Super 98, Special 95, E-Plus 91, and diesel became more...
