DIEZ to Provide Access to Venture Capital Networks, Investor Connections, and Comprehensive Support for Promising Proptech Companies The Dubai Integrated Economic Zones Authority (DIEZ) and the Dubai Land Department (DLD) have announced a strategic partnership aimed at fostering the growth and innovation of the property technology (Proptech) sector in Dubai. This collaboration is designed to enhance...
Dubai’s residential and commercial real estate market achieved unprecedented growth in 2024, surpassing all initial forecasts with robust double-digit gains. The ValuStrat Price Index (VPI) revealed an astounding 31.6% annual capital appreciation for villas and a 23.6% increase for apartments, cementing Dubai as a global real estate hotspot. Key Highlights of Dubai’s Real Estate Market in...
Dubai-based DAMAC Group, helmed by Emirati billionaire Hussain Sajwani, is taking bold strides into the U.S. tech industry with a game-changing $20 billion investment in data centers. Announced by former President Donald Trump, the move underscores the growing synergy between Gulf enterprises and U.S. economic interests. Sajwani hinted at even more ambitious plans, suggesting the investment could increase...
Gold prices experienced a modest rise on Tuesday as traders anticipated upcoming U.S. economic data for clues on the Federal Reserve’s approach to interest rates in 2025. The benchmark 10-year Treasury yield, which climbed to its highest level since May 2024 at 4.313%, continues to influence bullion’s performance. Gold Prices in the UAE In the UAE, gold rates saw incremental increases. The price...