Daily Archives: February 22, 2024

Real Estate

Dubai Property Market Strengthens in 2023, Led by Residential’s Best Year on Record

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Dubai Property Market Strengthens in 2023, Led by Residential’s Best Year on Record

  • Residential transaction activity grew by 29% y-o-y to an all-time high of 118,200 units
  • The office real estate market witnessed a surge in demand in 2023, with some developments seeing yearly rental increases of more than 40%
  • The industrial and logistics sector in Dubai was among the most resilient real estate asset class in the city

Dubai’s real estate market has seen steady growth over the past year, driven by the increase in expatriate population, policies such as the recent change to the rules for real estate investors to qualify for the Golden Visa, and Dubai’s growing and diversified economy overall. Savills, a global real estate services provider, released the Dubai Property Market report for 2023, which revealed a robust year across different sectors in Dubai’s real estate market.

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Business & Investments

KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

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KEZAD Assets Management Company set to manage 750,000 sqm of built-up assets under KEZAD Group

Company to Acquire, Manage and Operate existing and new KEZAD Group Built-up Assets

Abu Dhabi, UAE – 21 February 2024:  KEZAD Group, a subsidiary of AD Ports Group under the Economic Cities & Free Zones, and the largest operator of integrated and purpose-built economic zones in the UAE, is set to transfer the management of approximately 750,000 square metres of its built up assets to KEZAD Assets Management Company (KAMC), making it a key player in the industrial and logistics assets sector through strategic acquisitions, management, and operations.

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Business & Investments

Emirates NBD joins Dubai FinTech Summit as the Premium Banking Partner

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Emirates NBD joins Dubai FinTech Summit as the Premium Banking Partner

  • The collaboration signifies Emirates NBD’s continued commitment to fostering innovation and excellence in the financial sector
  • Dubai FinTech Summit will serve as the perfect platform for Emirates NBD to showcase its cutting-edge solutions and initiatives
  • This event will spotlight the bank’s efforts in developing customer-centric solutions to address the evolving needs of the financial industry

Dubai, 21 February 2024: Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, joins theDubai FinTech Summit, organised by Dubai International Financial Centre (DIFC), as a Premium Banking Partner, underscoring its dedication to drive innovation and excellence in the financial sector. The official partnership agreement was signed in the presence of Arif Amiri, Chief Executive Officer at DIFC Authority and Abdulla Qassem, Group Chief Operating Officer at Emirates NBD during the DFS dialogues that took place on 23 January 2024, where industry leaders came together to drive discussions and set the agenda for the upcoming second edition of Dubai FinTech Summit, to be held on 6 and 7 May 2024 at Madinat Jumeirah, Dubai.

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Business & Investments

STEP CONFERENCE CELEBRATES START OF TWELFTH DUBAI EVENT

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STEP CONFERENCE CELEBRATES START OF TWELFTH DUBAI EVENT WITH NEW GLOBAL PARTNERSHIP HOST MODEL


Dubai, UAE – 21 February 2024 – Dubai’s premier tech festival, Step Conference, is in full swing for its twelfth Dubai event and this morning, co-founder and CEO of Step, Ray Dargham announced, at the official opening ceremony, that the Dubai-born-brand will be “going global” through a leading partner hosting model for global event organisers to explore.

The new model has been created in response to significant demand organisers have received to take the event to other markets beyond Saudi Arabia and will see the Step brand leverage the increasing government interest across the world in accelerating and supporting start-ups within key cities.

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Business & Investments

CEO Clubs Members Visited Stanton Chase and explored the insights of the Transnational Enterprise

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CEO Clubs Members Visited Stanton Chase and explored the insights of the Transnational Enterprise

Dubai,  February 20, 2024: CEO Clubs Network, one of the largest networking organization in  the world recently organized a member company visit to Stanton Chase, Executive Search and Leadership Consultancy Firm, showcasing a remarkable journey of growth, excellence, and collaboration within its community.

The event, hosted by Mr. Panos Manolopoulos, Managing Director at Stanton Chase was marked by an atmosphere of inspiration and enthusiasm as members actively engaged in discussions and explored opportunities for growth. The highlight of the visit was the insightful discussion led by Ms. Inge Van Belle, Partner at Stanton Chase, on the intriguing topic, “Employee and Customer Engagement – chicken or egg?”.

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