Dubai has retained its position as the world's leading destination for attracting Greenfield foreign direct investment (FDI) projects in the cultural and creative industries (CCI) for the third consecutive year. In 2024, the emirate attracted 971 such projects, marking an 8% increase from the previous year. These investments brought in AED 18.86 billion in capital inflows and created 23,517 new jobs,...
The UAE's aviation sector is experiencing significant growth, positioning the Middle East as a burgeoning global air travel hub. Projections indicate that the Middle East aviation market will reach $28.38 billion in 2025, with a compound annual growth rate (CAGR) of 4.4% through 2030 . Dubai International Airport continues to be a pivotal player, handling over 8,500 weekly flights to more than 270...
The UAE continues to solidify its position as a global wealth hub, attracting high-net-worth individuals (HNWIs) from around the world. In 2024, the country is projected to welcome a record net inflow of 6,700 millionaires, surpassing other nations like the United States. This surge is driven by the UAE's favorable tax environment, strategic location, and high-quality lifestyle offerings. The nation's...
Dubai is rapidly advancing toward recognition as a tier-1 global city, joining the ranks of New York, London, and Singapore. According to the Tier-1 City Index by Driven and Forbes Global Properties, Dubai ranks fifth among seven leading global cities, excelling in infrastructure (2nd), international appeal (3rd), safety and security (4th), and quality of life (4th). Industry sentiment is optimistic, with...
Dubai Chamber of Commerce has reported a robust start to 2025, highlighting significant growth across various sectors. In the first quarter, member exports and re-exports surged by 16.8% year-on-year, reaching AED 86 billion. Additionally, the chamber issued over 204,000 Certificates of Origin, marking a 7% increase from the previous year. The ATA Carnet system also saw nearly AED 984 million worth of...
When anyone thinks about investing in the Emirates, their first thought is usually Dubai, or perhaps Abu Dhabi, given both have made their mark by offering safe investment opportunities and excellent ROI. However, a lesser-known Emirate has recently been capturing investor attention for all the right reasons: tourism, infrastructure, and secure investment options. That emirate is Ras Al Khaimah, a...
