• Property beats gold as the most popular investment asset class for UAE residents
  • Dubai Launches New Destination Island ‘La Mer’ at Cityscape Global 2014
  • Middle East’s Largest and Most Influential International Real Estate Show Opens
  • MENA Visa Cardholders spend nearly $4 Billion during Ramadan and Eid
  • Saudis tops list of GCC investors purchasing Dubai Property
  • Government IT Spending Fuels Saudi Arabia’s Innovation Economy
  • UAE Expats prefer saving money outside the country
  • Property beats gold as the most popular investment asset class for UAE residents

    Property beats gold as the most popular investment asset class for UAE residents

      53% of UAE residents have property within their investment portfolios, compared to 43% holding traditional ‘safe haven’ asset gold More confidence in overseas property markets amongst UAE residents, with 41% owning property outside the UAE compared to just 12% with properties in the UAE London tops the list for […]

  • Dubai Launches New Destination Island ‘La Mer’ at Cityscape Global 2014

    Dubai Launches New Destination Island ‘La Mer’ at Cityscape Global 2014

    Dubai-based real estate development company, Meraas Holding, today launched ‘La Mer’, a mixed-use development that will take shape in Dubai’s exclusive beachfront district Jumeirah in the vicinity of Pearl Jumeirah Island. Construction of “La Mer” is set to commence in Q4 2014. Conceptualized to integrate a minimalist and contemporary design, […]

  • Middle East’s Largest and Most Influential International Real Estate Show Opens

    Middle East’s Largest and Most Influential International Real Estate Show Opens

    The 13th edition of Cityscape Global, the Middle East’s largest and most influential international real estate event, was today inaugurated by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority. Taking place until 23 September at the Dubai World Trade Centre, Cityscape Global is co-located with […]

  • MENA Visa Cardholders spend nearly $4 Billion during Ramadan and Eid

    MENA Visa Cardholders spend nearly $4 Billion during Ramadan and Eid

    Cardholders across Middle East and North Africa spent nearly US$4 billion on their Visa debit, prepaid and credit cards during the Holy month of Ramadan and Eid – says VISA in their latest report. Supermarkets, Financial institutions, Jewellery, Clothing Stores and Government Services emerge as top 5 categories for Visa […]

  • Saudis tops list of GCC investors purchasing Dubai Property

    Saudis tops list of GCC investors purchasing Dubai Property

    Knight Frank, the leading independent global property consultancy, today announces its Autumn 2014: Dubai Residential Insight Report. Indians were the biggest spenders, investing close to AED 10.5 billion in the emirate Among GCC nations, Saudis dominated the real estate investment activity in the emirate spending AED 3.4 billion According to […]

  • Government IT Spending Fuels Saudi Arabia’s Innovation Economy

    Government IT Spending Fuels Saudi Arabia’s Innovation Economy

    Massive Government ICT investments transforming Saudi Arabia’s innovation economy, enhancing development, business growth and productivity. Saudi IT Market Set to Top USD 14 Billion by 2017with Government Sector Fastest-Growing Industry Vertical: IDC More than 500 of Kingdom’s Organisations Set to Attend GITEX Technology Week 2014 Government ICT investment is transforming Kingdom […]

  • UAE Expats prefer saving money outside the country

    UAE Expats prefer saving money outside the country

    Poll highlights untapped opportunity for UAE banks to attract savers AED1.4 trillion (USD 381 billion) is the total bank deposits in UAE banks. Almost half of UAE residents surveyed by compareit4me.com, a UAE-based finance comparison website, said they choose to save their money in bank accounts outside their country of residence. […]

 

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