In January 2013, Sheikh Mohammed bin Rashid Al Maktoum unveiled his initiative for Dubai to become the global capital of the Islamic economy, a multi-trillion-dollar industry. Dubai is no stranger to setting high goals and delivering results.
In January 2013, Sheikh Mohammed bin Rashid Al Maktoum unveiled his initiative for Dubai to become the global capital of the Islamic economy, a multi-trillion-dollar industry. Dubai is no stranger to setting high goals and delivering results.
B&G ROYAL CLUB PALM JUMEIRAH PO Box 347474 Palm Jumeirah Al Khushkar J1 T: (04) 420 6299 F: (04) 420 5733 www.balbaagroup.com reservation@bgroyalclub.com Rooms: 25 two-bedroom apartments with partial sea view, 16 one-bedroom apartments with palm view, 9 one-bedroom apartments with direct sea view. Business & Conference Facilities: Wi-Fi...
VISA: GCC citizens do not require an entry visa to the UAE, but requirements for other nationalities vary. It is therefore recommended to confer with your country’s embassy prior to travel. Most Europeans, Americans and East Asians can obtain a 30-day tourist visa on arrival, which can be extended at an immigration office or by driving...
Although Dubai’s residential real estate market is dominated by cash buyers, mortgage transactions are on the rise amidst increasing demand. Between 2006 and 2014, mortgage volumes tripled, while in the 18 months leading up to March 2014, mortgages went up as a share of total real estate transactions, from 15% to 28%. By May 2014 mortgages accounted for 32% of total...
During the last real estate boom in 2006, Dubai was home to 30,000 cranes, 24% of the world’s total. Although many of these came to a halt as the local economy was hit by the global financial crisis, the city looks set to reclaim its title as the crane capital of the world, according to Simon Gray, the managing director of Chesterton MENA.
As Dubai prepares to stage the World Expo in 2020, the focus of development is shifting from the central axis and moving to secondary locations in the south and east. The Dubai Municipality’s medium-growth scenario forecasts a population of 2.8m by 2020, while city planners are aiming to accommodate 3.4m in time for the Expo. Consequently, another 25,000 ha of land will...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×