January, 2025

• 5 January

  UAE real estate sees growth in projects, record deals in 2024

  ABU DHABI/WAM The UAE’s real estate sector maintained its growth momentum throughout 2024, marked by an increase in real estate projects and infrastructure investments, reinforcing its position as a key pillar of the country’s economic growth. The vibrant real estate markets across the emirates underscored the UAE’s status as a global hub for property investments and an attractive destination for ...

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• 3 January

  DXB set for record-breaking start to 2025 with 4.3m guests in 15 days

  

  DUBAI/ WAM Dubai International (DXB) is on track to welcome 4.3 million guests in the first 15 days of the year, setting the stage for its busiest January yet. Daily traffic is projected to peak on 3rd January, with over 311,000 guests expected. With an average of 287,000 guests passing through daily during this period—8% higher than the same period ...

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• 3 January

  AD Ports Group closes 2024 with strong growth

  

  ABU DHABI/ WAM Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, said that the group has solidified its position as a leading facilitator of global trade and logistics through unprecedented global expansion and strategic investments in 2024. The group ended its eventful year with the inaguartion of CMA Terminals Khalifa Port, the latest infrastructure ...

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• 3 January

  Mohammed bin Rashid celebrates his Accession Day by honouring his wife Sheikha Hind

  

  DUBAI/ WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, graciously dedicated his Accession Day to his esteemed wife, Sheikha Hind bint Maktoum, whom he reverently referred to as the “most beautiful thing” in his life, his “greatest supporter,” and the “soul of Dubai” Sheikh Mohammed bin Rashid’s Accession Day as Ruler ...

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• 2 January

  EmiratesGBC, GGGI partner to boost sustainable urban development

  

  DUBAI/WAM The Emirates Green Building Council (EmiratesGBC) and the Global Green Growth Institute (GGGI) have signed a memorandum of understanding (MoU) to collaborate on promoting sustainable, climate-resilient, inclusive, and green urban development in the UAE through a combination of support mechanisms, training, knowledge platforms, and knowledge-sharing events. Leveraging insights from both the public and private sectors, this partnership will address ...

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• 2 January

  Rental Disputes Center receives AED3m donation to provide stability for struggling families

  

  DUBAI/WAM The “Yad Al Khair” Committee under the Rental Disputes Center in Dubai has received a donation of AED 3 million from the Mohammed bin Rashid Al Maktoum Humanitarian and Charity Establishment. The donation reflects the spirit of solidarity and humanity prevailing in the UAE, and aims to promote social cohesion to resolve certain humanitarian cases and release individuals detained ...

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• 2 January

  ADGM reduces commercial license fees by over 50%

  

  ABU DHABI/WAM Abu Dhabi Global Market (ADGM), the international financial centre of the UAE’s capital, has announced an updated fee schedule for obtaining and renewing an ADGM commercial licence. Effective from January 1 2025, fee reductions of 50 percent or more apply to non-financial and retail businesses within the ADGM jurisdiction. This initiative aims to enhance ADGM’s business ecosystem, making ...

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• 2 January

  Emirates SkyCargo adds Copenhagen to freighter network

  

  DUBAI/WAM In response to growing demand out of Denmark, Emirates SkyCargo has deployed a dedicated weekly freighter to Copenhagen Airport, increasing the network of destinations served by Emirates freighters to 38. The Boeing 777 freighter will increase capacity offered to Emirates’ customers, with approximately 85 tonnes allocated for cargo from Copenhagen, and neighbouring countries including Norway and Sweden. Emirates SkyCargo ...

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• 2 January

  UAE, Switzerland explore parliamentary cooperation

  

  ABU DHABI/WAM Saqr Ghobash, Speaker of the Federal National Council (FNC), met with Dr Andrea Caroni, President of the Council of States of the Swiss Confederation, at the FNC headquarters in Abu Dhabi. During the meeting, the two sides discussed ways to strengthen parliamentary relations, exchange expertise and visits, and enhance coordination and consultation on various issues through participation in ...

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• 2 January

  Dubai’s real estate market sets all-time record in 2024

  

  DUBAI/WAM Dubai’s real estate market has had a record-breaking year, with new milestones being set throughout 2024, culminated in an all-time peak of 180,900 transactions worth AED 522.1 billion. A market report issued on Thursday by fäm Properties underlines how 2024 became an historic year, with big leaps of 36 percent and 27 percent respectively on the previous high of ...

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