Business News

Breaking News

Business

Home News Business

Dubai to launch 'Airbnb of warehouses' where owners can list properties for lease

Dubai Customs has announced the launch of a new online leasing platform to help warehouse owners in the UAE list their warehouses for renting purposes. As called the ‘Airbnb for warehouses’, the Warehouse Platform – which was

UAE retailer Lulu to launch IPO next week, sell 25% stake

Lulu Retail Holding is set to be listed on the Abu Dhabi Securities Exchange where it is scheduled for listing on November 14, 2024 UAE'S retail giant Lulu Group said it would sell 25 percent shares which would be available through an onto the

Dubai: Property owners earn Dh15 million by flipping units

Experts imply that making improvements to properties increases profit margins. Numerous Dubai residents, who purchased real estate amid and just after the Covid outbreak, are now reaping the benefits of skyrocketing

Dubai: Property owners earn Dh13,000 more than tenants, reveals report

Property owners in Dubai are seeing their bank accounts grow. For the past three years, rent prices have been

UAE: Who is still using a pager in 2024?

At that time, it was a means of communication mostly practiced by growing professionals, mainly doctors and journalists, from the 1980s to the late

Dubai gold prices fall again after recent peak

The world’s most precious metal has today recorded a loss of Dh2.5 days after Monday. In the second half of the day markets opened in

Gold prices dropped sharply at Dubai's market open—check today's local rates

Soon after the Dubai markets opened there was a sharp decline in gold prices. Today's prices in your city have been declining for a considerable time now. Today the gold price tumbles down again on Tuesday. On 3rd September 2024, the price of

The Laws Enacted for Companies That Offer Their Products and Services over the Telephone

While reviewing the fourth quarter progress reports on the enhancement of telemarketing regulation for products and services in the UAE, the UAE Ministry of Economy was following Cabinet Resolutions No. 56 of 2024 on telemarketing regulations and

Nakheel awards AED 810 million contract for marine works at Palm Jebel Ali

Nakheel, part of Dubai Holding's innovative real estate division, Dubai Holding Real Estate, has awarded an AED 810 million contract for marine works on Palm Jebel Ali to Jan De Nul Dredging LTD. As a member of the renowned Jan De Nul Group, the

Dubai home buying simplified with 0.5% plans

Developers have introduced new payment plans in Dubai's real estate market, making it easier for potential homeowners to enter the market. The most recent trend is to provide monthly payment plans with a 0.5% interest rate, making it much easier