DUBAI/GULF TIME Downtown Dubai’s real estate market has demonstrated robust growth and resilience, cementing its position as a top investment destination, with a remarkable 133% increase in property transactions and a significant 41% rise in rents over recent years. In line with this trend, GINCO Properties has announced the launch of ONE RESIDENCE, a pioneering development that establishes a new …

ABU DHABI/WAM His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, approved the race programme for the Emirates International Endurance Village (EIEV) for the 2024-2025 season, which includes 8 races in different categories. The President of UAE Endurance Cup race will take place on 9th February 2025, at the village …

ABU DHABI/WAM Abu Dhabi Global Market (ADGM) has announced significant revisions to its licencing fee schedule as part of its transitional arrangements for Al Reem Island businesses. Starting from 1st January 2025, ADGM will implement major reductions of 50% or more for obtaining non-financial and retail licences within its jurisdiction. This initiative aims to enhance ADGM’s business ecosystem, making it …