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The majority of homes currently under construction in Dubai have already been sold, with a new report today showing absorption rates of 90-100 percent for thousands of apartments and villas to be completed this year. A market analysis by fäm Properties reveals that 564,072 residential properties are currently being built across Dubai, with the majority […]
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Hudayriyat Island has topped the Abu Dhabi real estate market in terms of sales value for the second consecutive quarter, according to the Abu Dhabi Real Estate Market Report for H1 2026, released by the Abu Dhabi Real Estate Centre (ADREC). The island recorded AED19 billion ($5.17 billion) in sales, accounting for 27 percent of […]
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DP World announced on Friday that it has moved 500,000 twenty-foot equivalent units (TEUs) across the GCC via its road and rail network since March this year, providing customers with more routing options. The company’s road and rail network now supports around 3,000 truck movements a day, with DP World recently adding 700 trucks to […]
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The UAE’s General Pension and Social Security Authority (GPSSA) announced on Friday the extension of its pension coverage for UAE national part-time employees in government and private sector entities under UAE federal pension laws. The initiative aligns with evolving labor market dynamics, supports flexible on-site, remote and hybrid work models, and promotes financial secur...
Ras Al Khaimah Economic Zone (RAKEZ) announced on Friday that it has reached a defining moment in its growth journey, with 50,000 active companies now part of its business community. This milestone reflects sustained investor confidence in Ras Al Khaimah’s business ecosystem and the emirate’s ability to attract entrepreneurs, SMEs, manufacturers and multinational enterprises ...