Dubai’s Roads and Transport Authority (RTA) has unveiled new entry and exit points connecting Sheikh Mohammed Bin Zayed Road (E311) to Al Warqa, slashing travel time from 20 minutes to just 3.5 minutes. This infrastructure upgrade is set to enhance road capacity by 5,000 vehicles per hour, significantly easing traffic congestion in the area. The project also shortens key trip distances from 5.7 km to...
Dubai’s real estate sector is witnessing a surge in new brokerage businesses, thanks to the 100% foreign ownership rule. This progressive regulation allows international investors to fully own and operate real estate brokerages, fueling competition and innovation in the market. As Dubai strengthens its position as a global property hub, the influx of foreign-owned brokerages is enhancing service...
Dubai is again at the forefront of innovation by taking a huge leap in the real estate industry, that is, tokenization. This emirate is not only building skyscrapers, but also redesigning the future, and this time it is through blockchain. The Dubai Land Department (DLD) has just launched a world-first government-backed tokenization initiative, which converts bricks and walls into tradable digital assets....
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Dubai Municipality and Dubai South have signed a strategic partnership agreement worth AED 150 million to develop an advanced stormwater drainage system in Dubai South’s residential district. This initiative is part of the broader AED 30 billion Tasreef project, aimed at enhancing Dubai's stormwater infrastructure. The project includes constructing a new secondary stormwater tunnel connecting Dubai...
The Roads and Transport Authority (RTA) has completed the first phase of upgrades at five key marine transport stations in Dubai Marina, enhancing the city's commitment to modern, efficient, and culturally inspired public transit. The revamped stations—Marina Promenade, Marina Terrace, Marina Walk, Marina Mall, and Marina Mall 1—now feature full air-conditioning and state-of-the-art facilities designed...
Ras Al Khaimah's economy is projected to grow by 3.3% in 2025–2026, according to S&P Global Ratings. The agency affirmed the emirate's sovereign credit rating at A/Stable/A-1, citing its diversified non-oil economy and ongoing infrastructure projects as key factors supporting this growth . Sectors such as wholesale and retail trade, along with manufacturing—which together contribute around 45% to...
Real estate transactions across five key emirates in the UAE—Dubai, Abu Dhabi, Sharjah, Ajman, and Ras Al Khaimah—reached an impressive $65 billion in the first quarter of 2025, highlighting the country's robust property market. Dubai led the surge with over AED 100 billion in sales by early March, marking the fastest pace to reach this milestone in recent years. This growth is attributed to strong...