Author: Arabian Media staff
“I have two young children, and I have a great mortgage rate.” Source link
Image: Emaar Emaar Properties reported a 46 per cent increase in property sales in H1 2025, reaching Dhs46bn ($12.5bn), marking its highest-ever half-year sales performance. The results reflect continued demand across its master-planned communities and lifestyle offerings, as well as broad-based growth across its retail, hospitality, and international operations. The company’s revenue backlog rose to Dhs146.3bn ($39.8bn) as of June 30, up 62 per cent year-on-year, providing strong visibility for future revenues. Consolidated revenue rose to Dhs19.8bn ($5.4bn), a 38 per cent increase from H1 2024. Emaar reported EBITDA of Dhs10.4bn ($2.8bn), up 30 per cent year-on-year, with EBITDA margins…
Kevin Hassett, the director of the National Economic Council and one of the so-called “two Kevins” that may be the next chief of the Federal Reserve, has spun up a new conspiracy over data quality Source link
Image credit: DAMAC Islands/Website Dubai’s residential real estate market is undergoing a notable transformation in 2025, with shifting buyer preferences, robust rental yields, and strategic new developments shaping activity across the emirate. While apartments remain the most transacted asset class, emerging trends point to growing interest in suburban communities, larger properties, and value-oriented investment zones. Backed by government support, improved infrastructure, and evolving buyer demographics, several key residential hubs have recorded strong momentum in the first quarter of the year. Among Dubai’s top six residential communities—Jumeirah Village Circle (JVC), DAMAC Island, Downtown Dubai, Meydan City, Dubai Marina, and Dubai South—transaction…
Afterdisengaging from U.S. stocks in the first four months of the year, foreign institutions returned to the market to join in the rally. Foreign retail investors, though, remain sidelined. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Client Challenge JavaScript is disabled in your browser. Please enable JavaScript to proceed. A required part of this site couldn’t load. This may be due to a browser extension, network issues, or browser settings. Please check your connection, disable any ad blockers, or try using a different browser. Source link
Dubai’s Roads and Transport Authority (RTA) reported a 20% rise in nol card top-up transactions via digital channels during the first half of 2025 compared to the same period in 2024. The increase reflects the RTA’s continued push toward digital transformation in public transport and efforts to enhance customer convenience. Read-Dubai’s public transport surge: 395 million riders in first half of 2025 The RTA attributed the growth to several initiatives, including installing digital machines for ticket sales and top-ups, raising public awareness about using digital platforms such as its website and mobile apps, and increasing the minimum top-up amount for…
Image: Getty Images/ For illustrative purposes The UAE’s Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have signed a strategic partnership to align regulatory frameworks for virtual assets across the country, aiming to eliminate duplication and strengthen supervision. The agreement sets out a unified mechanism for registering virtual asset service providers (VASPs), enabling mutual recognition of licenses and facilitating the exchange of information between the two regulators. It also introduces joint oversight and operational coordination. The move comes after months of coordination between the two bodies and reflects broader efforts by the UAE to build…