Author: Arabian Media staff
Dubai South, one of the largest single-urban master development focused on aviation, logistics, and real estate, has announced the launch of new multiuser facilities within its Logistics District. Covering a built-up area of approximately 215,278 sq. ft., the facilities feature combinable units designed to meet the varied needs of businesses, supporting their growth and enhancing competitiveness across the regional market. Located in the freight forwarding zone, the facilities offer excellent proximity to key transport hubs, including Al Maktoum International Airport and Jebel Ali Port. Tenants will also benefit from direct access to the UAE’s road network, enabling seamless connectivity for…
Amex’s spending growth was 7% in the second quarter, an acceleration versus the 6% rate seen in the first quarter. Source link
Legal settlements like Paramount’s with Trump erode shareholder value, this former FCC official says. Source link
Image credit: Getty Images Dubai’s real estate sector continues its dynamic growth trajectory in 2025, even amid a seasonal slowdown in the first quarter. Bolstered by strong macroeconomic fundamentals, an expanding population, and high investor confidence, the city is cementing its position as one of the most competitive and resilient property markets globally. Read-Dubai property is booming: What every investor should know According to a recent Cavendish Maxwell report, Dubai recorded over 42,000 residential sales transactions in Q1 2025, reflecting a 10.0 per cent quarterly decline due to fewer project launches and seasonal factors. However, the year-on-year performance remains strong,…
3M stock surges as full-year profit outlook gets a boost from lower estimates of tariff costs. Source link
Image credit: DubaiMedia Office/Website The Roads and Transport Authority (RTA) is finalising a major traffic enhancement project at the Dubai Healthcare City exit (Street 13), with completion targeted for July 20, 2025. The upgrade is part of ongoing efforts to improve traffic flow and enhance the efficiency of Dubai’s road network. The project includes converting the current stop-controlled exit into a free-flow system by adding a new acceleration lane leading to the intersection of Oud Metha and Sheikh Rashid Road. Additionally, the existing service road will be widened from one lane to two over a 500-meter stretch. This expansion is…
Tipped workers will now be able to deduct tips from their taxable income each year — but some workers, analysts and advocates remain skeptical about the extent to which people will actually benefit. Source link
One fund manager says studies on the drawdowns in the stock market shows the need to hold high-quality companies for the long term. Source link
Citi anticipates sideways trading in the dollar, but remains bearish further out. Source link
“Around 30 days before passing, he changed everything to go to a friend.” Source link