Over the last three weeks, the number of real estate transactions has been consistently increasing by nearly 11 percent on average.
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Over 90% of the top regional CEOs of global companies are based out of the UAE. The UAE also has a good diplomatic relationship with China, the US, and Europe. The country is home to over 4,000 Chinese companies.
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Dubai Economy sees 83% growth in DED Trader licences issued in first half of 2020.
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Damac Properties slipped to a loss in Q1 2020 despite higher revenue.
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In the first five months of 2020, a total of 13,590 sales transactions were recorded were recorded, collectively worth AED 27.8 billion.
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Sales of completed units up 9% in June compared to May
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Airline welcomes new air travel protocols announced in Dubai.
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Dubai Tourism is working with hotels and stakeholders to prepare "to welcome the world" to the city.
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Bank of America is believed to have bought 100 million shares - about 1.51% - of Emirates NBD.
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The deal will combine a complementary suite of services and expertise.
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Off-plan accounted for 72.1 per cent of transactions in April compared to only 27.9 per cent for resale.
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Half of Dubai's public sector will be back in the workplace from 1 June, with many private sector firms following suit.
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