January, 2025

• 31 January

  ANAX Developments breaks ground on Evora Residences in Al Furjan, within two months of launch

  

  DUBAI/WAM ANAX Developments, a subsidiary of ANAX Holding, has broken ground to commemorate the construction of Evora Residences, within two months of unveiling the residential property.  With 80% of the property now sold out within 60 days of its launch, the developer is marking the milestone with a ground breaking ceremony. ANAX Developments has also signed an agreement with Adnann ...

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• 31 January

  Maktoum bin Mohammed meets with CEO of Nestlé

  

  DUBAI / WAM H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met with Laurent Freixe, CEO of Nestlé S.A., the world’s largest food and beverage company, at his office in Dubai. During the meeting, H.H. Sheikh Maktoum bin Mohammed highlighted the UAE and Dubai’s commitment to strengthening ...

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• 31 January

  UAE President, VPs congratulate President of Nauru on Independence Day

  

  ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President David Adeang of the Republic of Nauru, on the occasion of his country’s Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai; and His Highness Sheikh Mansour bin Zayed Al Nahyan, ...

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• 31 January

  UAE President visits Mohamed bin Zayed University of Artificial Intelligence

  

  ABU DHABI / WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan today visited the Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) in Masdar City, Abu Dhabi. During a tour of the university’s departments and facilities, His Highness was briefed on the academic programmes on offer, key areas of research focus, and the resources available to students. ...

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• 31 January

  Theyab bin Mohamed bin Zayed chairs International Humanitarian and Philanthropic Council meeting

  

  ABU DHABI/WAM H.H. Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Families Affairs and Chairman of the International Humanitarian and Philanthropic Council, emphasised the importance of the UAE’s developmental, humanitarian and philanthropic programmes around the world under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ...

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• 31 January

  UAE traders dominate 2024

  

  DUBAI/GULF TIME According to data from high-growth trading platform Capital.com, the United Arab Emirates (UAE) emerged as a key contributor to global trading activity in 2024. With 19.5 million trades, traders in the UAE were the most active on the Capital.com platform in the past year. The volume of trade from the UAE was also the highest across all markets, ...

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• 31 January

  Interest rate cuts to boost UAE real estate sector in 2025

  

  DUBAI/GULF TIME Mohamed Hareb Al Falahi, Founder and General Director of Royal Liwan Real Estate, expects interest rate cuts in 2025 to boost UAE real estate sector, with lower financing costs and increased mortgage transactions, along with demand for safe assets with fixed returns such as gold and real estate. “When interest rates fall, the cost of borrowing declines, including ...

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• 31 January

  Interiors Brings Timeless Elegance to Bedrooms with the Corso Como Collection by Alf Italia

  

  DUBAI/GULF TIME As a brand on the forefront of elevated home design, Interiors UAE presents the Corso Como Bedroom Collection by Alf Italia, a masterpiece of modern Italian craftsmanship. This exclusive collection redefines luxury living, blending the warmth of Canaletto walnut wood with sleek laser finishes for a contemporary aesthetic that exudes sophistication. Crafted entirely in Italy from premium materials, ...

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• 31 January

  Mardi Holding celebrates successful UAE launch, attracts strong investor interest in luxurious new Georgian real estate projects

  

  DUBAI/GULF TIME Mardi Holding – one of the biggest real estate development companies in Georgia – held a successful launch event to announce its expansion into the UAE real estate market in front of a packed house at the Grand Hyatt Hotel in Dubai. The event drew substantial investor interest, showcasing Georgia’s compelling real estate investment opportunities and establishing Mardi ...

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• 30 January

  Nasdaq Dubai welcomes Middle East’s first $100 million Blue Bond listing by DP World

  

  DUBAI/WAM Nasdaq Dubai welcomed Middle East and North Africa’s first corporate Blue Bond listing of US$100 million by DP World, a leading provider of global end-to-end supply chain solutions. Issued under DP World’s $10 billion Global Medium-Term Note Programme, the bond carries a 5.250 percent coupon rate and matures in 2029. The issuance achieved a spread of 99.6 basis points ...

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