by Vasu Jit Kalia | August 12, 2024 | Real Estate
Sustainable Housing as a concept has made its way into society, taking up prominence in the UAE. As a result of urbanization impacting the ecosystem, the UAE, recognizing this threat has shifted towards sustainable and eco-friendlier real estate projects. Unlike...
by Jennifer George | August 12, 2024 | Industry, News, Trending Now
China breaks a historic record as more than 50% of its population opts for electric vehicles (EVs) or hybrids, according to data from the China Passenger Car Association. Data from the report suggests that EVs and hybrids accounted for 51% of new passenger cars sold...
by Vasu Jit Kalia | August 12, 2024 | Industry
Air Travel for the UAE residents to the popular Visa-Free Destinations will see a massive surge ahead of the next public holiday which falls in December. The surge is as high as 300 % in some cases and the travel industry experts attribute this hike in fares to high...
by Jibran Munaf | August 12, 2024 | Expert Analysis, Market Commentary, News, Real Estate
Residential demand in Dubai saw a significant boost in July, with more than 15,300 units worth AED40.5 billion ($11.03 billion) transacted across the city, according to Emirates NBD Research. Strong Demand for Off-Plan Units The demand for off-plan units has remained...
by Jibran Munaf | August 11, 2024 | Banking, Finance, Market Analysis & Commentary, News, Technology
India holds a significant 48.5% share in the global real-time payments volume, according to a report released by the Reserve Bank of India (RBI) on Monday. The report underscores India’s leadership in global remittances, receiving $115.3 billion in 2023. The RBI...
by Jibran Munaf | August 11, 2024 | Industry, News, Real Estate
Dubai-based Emaar Properties PJSC reported an H1 2024 net profit attributable to shareholders of 5.34 billion dirhams ($1.45 billion), marking an 8% year-on-year (YoY) increase. This rise is attributed to a surge in retail sales and heightened demand for real estate...
