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Financial penalty and trading ban come at a difficult time in relations between U.S. and India Source link
Image credit: Emirates/Website As the world gears up to celebrate World Chocolate Day on July 7, Emirates is already setting a sweet tone, reporting a sharp increase in onboard chocolate consumption across all cabin classes. Over the past year, passengers have indulged in more than 60 million pieces of luxury chocolate—2 million more than the previous year. Read-Emirates launches new daily flight to Shenzhen; new A350 deploys on Muscat route From handcrafted pralines to gourmet dessert creations, chocolate has become an integral part of the airline’s “Fly Better” experience. Emirates offers a wide selection of premium chocolates as part of…
Image: Dubai Media Office/ For illustrative purposes Dubai’s real estate sector recorded its strongest quarter on record in Q2 2025, with 53,252 property sales transactions totaling Dhs184.3bn, according to data released by real estate portal, Property Finder. The figures mark a 22 per cent year-on-year increase in transaction volume and a 49 per cent surge in value, reflecting Dubai’s status as one of the world’s most resilient and attractive property markets. The historic performance builds on a robust Q1 and reflects sustained confidence from both investors and end-users amid global economic uncertainty. Ready real estate market drives growth Dubai’s ready…
The DIFC Innovation Hub and Dubai Land Department have launched the Dubai PropTech Hub. Under the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, the hub is the first PropTech innovation centre in the Middle East, Africa and South Asia (MEASA) region. It will be housed within the DIFC Innovation Hub, which operates the first and largest financial technology accelerator in the MEASA region, the Dubai Media Office said in a statement. New hub to boost PropTech startups The initiative…
Image credit: Betterhomes/Supplied Branded residences, luxury homes developed in collaboration with internationally recognised brands, are reshaping the global real estate landscape. Nowhere is this trend more evident than in Dubai, which has emerged as the regional and global capital of branded living. The emirate has seen an impressive 160 per cent growth in this sector over the past decade, outpacing global competitors. Read-Dubai property is booming: What every investor should know According to a new industry report by Betterhomes, Branded Residences: Dubai vs The World, with over 140 branded projects slated for delivery by 2031, Dubai is leading a movement…
Binghatti Holding will participate in the First-Time Home Buyer (FTHB) Programme, a government initiative launched by the Dubai Land Department (DLD) and the Dubai Department of Economy and Tourism (DET) to enable Emiratis and UAE expats to become homeowners for the first time in 2025. The UAE real estate developer has been selected as one of 13 property developers to support the FTHB Programme. Binghatti will allocate a minimum of 10 per cent of its newly launched and existing residential units, priced under AED 5 million, for first-time buyers. Binghatti joins Dubai’s FTHB programme The units allocated to the FTHB…
Image: ADGM/ For illustrative purposes Primrose Capital Management (Primrose), a leading asset manager specialising in data-driven, quantitative trading, has secured an in-principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of ADGM. The approval marks the first milestone in Primrose’s application for a full financial services permission (FSP). Primrose seeks to deepen the investment corridor between Singapore and Abu Dhabi at a time when the two jurisdictions are stepping up cooperation on fintech and capital-markets development. Primrose plans to service family offices, sovereign entities and institutional investors By applying for the FSP and establishing a regulated presence in ADGM,…
Opinions expressed by Entrepreneur contributors are their own. Many small and mid-sized business (SMB) owners entered 2025 with high hopes: a stronger economy, falling interest rates and easier access to credit. But just a few months in, the landscape looks more complicated. New data shows a dip in optimism and a rise in uncertainty among SMBs — alongside signs that banks are starting to tighten lending standards.If you’re a business owner, now is the time to prepare. Here’s what’s happening — and how to position your company for success in a shifting credit environment.Related: Thinking of Using a Personal Loan…
Nakheel, a member of Dubai Holding Real Estate, has launched the final phase of Bay Grove Residences on Dubai Islands following the sell-out of previously released waterfront residential units. The development comprises four buildings in contemporary architectural style, offering 257 urban residential units on Island B. The phase includes one-, two-, three- and four-bedroom apartments, plus a penthouse. Final phase of Bay Grove launched The penthouse represents the only residence of its kind in the entire Bay Grove collection. Located in the final phase of the development, its position provides privacy and uninterrupted views. The penthouse features spacious open-plan living…
A newly renovated luxury villa in Arabian Ranches 2 has achieved a record-breaking sale of AED 14.5 million, representing the highest recorded property transaction in the community and underscoring the rising demand for exclusive, high-end homes in the area. The six-bedroom property, which sits on an expansive 7,543 sq.ft plot, was fully renovated by leading construction and design firm DMDC following a premium aesthetic of modern minimalism. The villa features an array of amenities including walk-in wardrobes, en-suite bathrooms, two spacious living rooms, a state-of-the-art German Hacker kitchen, a dining room for formal occasions, and a dedicated office space. Outdoor…