Business
Dubai real estate: Record six months sees $49bn of property sales
10 Jul 2023
61,000 Dubai property sales made for a record-breaking first six months of the year, according to W Capital analysis
The Dubai real estate sector saw a record AED179.34bn ($49bn) from 61,000 sales in the first half of 2023, according to analysis by W Capital.
The highest-ever semi-annual numbers show a persistent strength of demand within the Dubai real estate market, said the real estate brokerage firm.
Walid Al Zarooni, W Capital CEO, said: “The real estate sector... Read More
Mahzooz’s 136th draws crowns its 51st millionaire
10 Jul 2023
In its 136th edition, Mahzooz, the UAE's favourite weekly draw with the biggest and most frequent pay-outs, crowned its 51st millionaire and saw 1,089 participants take home AED 1,467,000 in prize money.
While the top prize of AED 20,000,000 went unclaimed this week, 20 participants matched four out of the following five numbers 16, 32, 38, 40, 41 and shared the second prize of AED 200,000, earning AED 10,000 each. 1,068 other winners matched three out of five numbers and received AED... Read More
![Ravi Menon: “Sobha Realty operates with quality and luxury at the core of its operations"](https://www.aviamost.ae/sites/default/files/styles/list_view/public/field/image/1-sobha_reserve-2.jpg?itok=DRbZvafY "Ravi Menon: “Sobha Realty operates with quality and luxury at the core of its operations"")
Ravi Menon: “Sobha Realty operates with quality and luxury at the core of its operations"
07 Jul 2023
One of the leading developers in the Luxury real estate segment in the UAE – Sobha Realty – announced the launch of Sobha Reserve project with a sales value of AED 2.8 billion. The community located in the heart of Wadi al Safa 2 (Dubailand) is in close vicinity of Global Village, and establishes a new standard for luxury villas in Dubai. The project has been created considering the most modern requirements of architecture and urban design.
Sobha Realty is part of a group of companies... Read More
Inloco Gallery’s Radical Exhibition opens at ME Dubai
06 Jul 2023
ME Dubai, the architectural marvel designed by Zaha Hadid, remains dedicated to nurturing the flourishing creativity in the region by embracing the arrival of Inloco Gallery as their newest exhibitor for the hotel’s Cultural Connections initiative. The captivating exhibition showcases the remarkable works of documentary photographer Anton Selone, contemporary Italian artist Filippo Minelli and modern Iranian architectural designer Neda Salmanpour. ME Dubai is home to the impressive... Read More
Pope Francis commends UAE's role in spreading peace and tolerance
06 Jul 2023
His Holiness Pope Francis, Head of the Catholic Church, expressed his deep appreciation for the UAE and its role in promoting a culture of peace, tolerance and coexistence both regionally and globally.
"The greatness of any country is not measured solely by its wealth, but by its substantial role in spreading the values of peace, brotherhood, coexistence, and defending them," His Holiness stated.
In an interview published in the UAE-based Arabic language newspaper Al Ittihad,... Read More
Casadei participates in the first Couture Show of the High Jewellery brand Chopard
06 Jul 2023
"Art" is the theme chosen by Caroline Scheufele, Creative Director of Chopard, for the traditional grand soirée. In the elegant setting of the Hotel Martinez, the evening marks the beginning of a new chapter in Chopard’s history with the launch of the Couture Collection: a line of dresses, mini dresses and jumpsuits ready for the red carpet designed to complement their jewellery. Classic shapes that will last more than one season.
Last night, after the magnificent show with 50 looks,... Read More
Provident Real Estate opens their third office at Palm Jumeirah
04 Jul 2023
Provident Estate concludes the second quarter of the year with a new office opening, expanding to the Palm Jumeirah.
Kicking off the summer months, Provident Estate has opened their doors on the Palm Jumeirah to a brand new office. The Palm Jumeirah is the world’s largest man-made island and is known for its iconic palm tree structure. It is also home to many luxury properties, beautiful offices, stunning beaches and beach clubs, dining facilities and malls.
The new Provident... Read More
UAE reiterates commitment to advancing sustainable tourism growth
03 Jul 2023
His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Head of the Emirates Tourism Council, emphasised the UAE's commitment, under the guidance and vision of its wise leadership, to actively support global endeavors in promoting sustainable tourism. HE further highlighted the UAE's dedication to contributing to initiatives that foster the formulation of sustainable tourism policies, facilitating the growth of international tourism.
HE Bin Touq made these remarks during... Read More
Al Habtoor Group officially launches its magnificent luxury development Al Habtoor Tower at Al Habtoor City
03 Jul 2023
Al Habtoor Group, a leading conglomerate in the United Arab Emirates, unveiled its majestic Al Habtoor Tower, a premium residential development slated to redefine urban living with its array of world-class amenities, during a launch event held at La Perle in Dubai, Al Habtoor City.
The unveiling ceremony was graced by Mohammed Al Habtoor, the Vice Chairman and CEO of Al Habtoor Group, as well as numerous esteemed guests, dignitaries and directors of Al Habtoor Group.
A multi-... Read More
CLYMB™ Abu Dhabi launches Junior Flying Club summer package for kids
03 Jul 2023
CLYMB™ Abu Dhabi has announced the return of the Junior Flying Club, offering little ones the chance to make the most out of their summer experience with a record-breaking adventure every Saturday at 1:30 PM, starting this week and running until August 20.
Kids up to 14 years can learn how to fly like a pro for an unforgettable adrenaline kick inside the world’s largest indoor skydiving chamber. Every guest will be directed under the supervision of personalized instructors and in a... Read More
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