Economy

Smart Rent Index Stabilizes Dubai’s Rental Market, Boosts Transparency, and Controls Inflation

The Smart Rent Index, introduced by the Dubai Land Department (DLD), is revolutionizing Dubai’s real estate sector by stabilizing rental prices, curbing inflation, and enhancing market transparency for 2025 and beyond. Leveraging advanced artificial intelligence, the index provides accurate, standardized rental assessments across all residential areas, including prime districts, free zones, and special...

UAE and New Zealand Forge CEPA to Boost Trade to $5 Billion by 2032

In a move to strengthen their economic partnership, the UAE and New Zealand have signed a Comprehensive Economic Partnership Agreement (CEPA). This groundbreaking deal is expected to significantly enhance trade, streamline customs, and open new avenues for investment between the two nations. A Strategic Alliance for Economic Growth The agreement was formalized in the presence of UAE President His...

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