Daily Archives: November 27, 2024

Shopping & Promotions

DUBAI’S 3 DAY SUPER SALE RETURNS WITH MASSIVE CITYWIDE SAVINGS OF UP TO 90 PER CENT

The city’s biggest shopping weekend is back bigger and better than ever this year with an extra day of discounts in celebration of Eid Al Etihad 53, giving shoppers four incredible days to enjoy unbeatable bargains from 29 November to 2 December

Eagerly awaited mega deals will soon be found at over 3,000 participating outlets and 500 top brands across the city

Continue reading DUBAI’S 3 DAY SUPER SALE RETURNS WITH MASSIVE CITYWIDE SAVINGS OF UP TO 90 PER CENT →
Shopping & Promotions

Deerfields Mall presents Winter Adventures in the Garden

Exciting activities, festive fun, and a chance to Shop and Win a Jetour Dashing SUV!

Abu Dhabi, UAE [15 November 2024] – Get ready to step into a winter wonderland at Deerfields Mall this festive season! From November 1 to December 31, Deerfields Mall will transform its garden into a magical Winter Adventure zone, offering exciting activities, delicious food, and endless fun for the entire family.

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Real Estate

UAE real estate market positioned for robust growth in the last quarter as demand surges for prime assets: JLL

  • Off-plan segment in Dubai’s residential market sets positive momentum with 50.3% YoY growth in Q3; secondary market sales rise 44.3% in Abu Dhabi
  • Limited Grade A office supply pushes rents higher in Q3, dropping vacancy rates to 4.1% in Abu Dhabi and 5.2% in Dubai
  • Innovative retail experiences gather pace in Dubai while international brands eye prime retail locations in Abu Dhabi
  • Abu Dhabi’s hospitality market sees impressive growth with RevPAR up 23.6% YTD September; rising tourism maintains sector’s dynamism in Dubai
  • Institutional-grade assets to drive industrial and logistics market in Dubai and Abu Dhabi in Q4
Continue reading UAE real estate market positioned for robust growth in the last quarter as demand surges for prime assets: JLL →
Business & Investments

UAE’s Net Wealth Reached USD 2.9 Trillion in 2023, Reveals BCG Global Wealth Report

  • UAE’s financial wealth grew by 10% from 2022 to 2023
  • The UAE continues to experience impressive growth and is on track to become the sixth-largest booking center in the world by 2028, with an annual growth rate of about 8.9%
  • BCG’s 24th Annual Global Wealth Report highlights Generative AI as an enabler for operational efficiencies and improved client experience

Dubai, UAE November 27, 2024—Boston Consulting Group’s (BCG) annual global wealth report, Global Wealth Report 2024: The GenAI Era Unfolds revealed that the United Arab Emirates’ (UAE) net wealth reached USD 2.9 trillion in 2023. The UAE’s financial wealth grew by 10% from 2022 to 2023, versus the Middle East and Africa’s 8%. Global financial wealth rose at 7%, following a decline of 4% in 2022. Over the next five years, an estimated USD 92 trillion of financial wealth will be created globally.

Continue reading UAE’s Net Wealth Reached USD 2.9 Trillion in 2023, Reveals BCG Global Wealth Report →
Entertainment & Celebrity

‘Jazz at the Island’ set to transform Sharjah’s iconic islands

Organised by the Sharjah Investment and Development Authority (Shurooq)

‘Jazz at the Island’ set to transform Sharjah’s iconic islands

sharjah city flags island from sky

 featuring performances from renowned international artists

A one-of-a-kind festival celebrating jazz, culture, and community amid Sharjah’s iconic islands

  • Al Noor Island’ on December 6th and 7th will feature internationally acclaimed artists like Nesrine, Tania Kassis, Mezzotono, and Aleksandra Krstic.
  • Le Trio Joubran at The Flag Island: December 14th for an enchanting performance.
  • Enjoy immersive cultural activities including guided tours, 2 jazz workshops, and performances beneath the stars.
Continue reading ‘Jazz at the Island’ set to transform Sharjah’s iconic islands →