Second #DubaiDestinations Summer Guide Invites Residents And Visitors To Explore Dubai’s Vibrant Indoor Entertainment Scene
A new #DubaiDestinations guide titled ‘Dubai’s Newest Indoor Hotspots’ invites residents and visitorsto embark on an exciting exploration of recently opened entertainment attractions that are gaining immense popularity across the city. Developed by Brand Dubai, the creative arm of the Government of Dubai Media Office,the interactive guide forms part of thelatest phase of the#DubaiDestinations campaign, which seeks to showcase the city's top-rated summer experiences and highlight unique attractions that make Dubai a truly one-of-a-kind summer destination. Catering to families in search of unparalleled entertainment, the carefully curated guide provides an exceptional array of fun-filled and children-friendly activities within the vibrant city of
How to rent a car in Dubai
The basics of renting a car in Dubai Make sure you have all the paperwork and permits you’ll need to rent a car in advance. Rules can change, so it's best to check just before you travel. International Driving Permit: Passport holders from all GCC countries, the United Kingdom, the United States, and Canada can use the driving license issued from their own country to drive in Dubai. Visitors from other countries must have a valid International Driving Permit (IDP). The rules can change so it's best to check directly with rental companies to see if your home country's license will be accepted
Fitch Ratings, Moody’s Investors Service, And S&P Global Upgrade Emaar Properties PJSC’s Credit Ratings
Emaar Properties PJSC, Dubai’s premier real-estate developer, received credit rating upgrades from Fitch Ratings, Moody’s, and S&P Global, reflecting its strong financial performance and improved leverage ratios. Fitch Ratings has upgraded Emaar Properties Long-Term Issuer Default Rating to ‘BBB’ from ‘BBB-, with a Stable Outlook. Moody’s has similarly upgraded Emaar Properties PJSC’s long-term issuer rating to Baa2 from Baa3 with a Stable Outlook. S&P Global has also upgraded Emaar Properties ‘BBB’ from ‘BBB-‘; the rating comes with a Stable Outlook, signalling confidence in Emaar’s financial stability and prospects. The robust Q1 2023 results clearly echo these ratings upgrades. Emaar reported group property
Dubai Opera Unveils Thrilling Highlights Of The New Season 2023 – 2024
Dubai Opera, the leading performing arts center in the UAE and the epitome of artistic excellence in the Middle East, is thrilled to announce the highlights of its highly anticipated fall/winter season 2023. With an exceptional line-up of more than 15 engaging and vibrant performances set to grace its iconic stage this fall-winter, Dubai Opera is poised to once again redefine the realm of performing arts and captivate audiences from around the world. Dubai Opera's commitment to excellence, creativity, diversity, and inclusivity has positioned it as the lighthouse for the performing arts in the Middle East. By reaching the highest international standards and building
Discover Dubai’s Unforgettable Summer Adventures With The New #DubaiDestinations Guide
As part of the latest phase of the #DubaiDestinations summer campaign, a new interactive guide titled ‘Dubai’s Summer Gems’ was issued today by Brand Dubai, the creative arm of the Government of Dubai Media Office. Showcasing a comprehensive compilation of tranquil beach destinations, exhilarating water activities, and captivating waterparks, the new guide perfectly encapsulates Dubai's distinctive summer ambiance and unparalleled experiences that distinguish it as one of the world's most fascinating destinations during the warmer months. Shaima Al Suwaidi, Director of Brand Dubai, said:“‘Dubai’s Summer Gems’guide unveils the best of what our city has to offer during the summer months. It serves
AED13.4 billion value of real estate transactions in Sharjah in H1 2023
The real estate sector in Sharjah achieved a trading value of AED13.4 billion during the first half of 2023, with an increase of 19.2 percent compared to the same period last year. According to the semi-annual report issued by the Sharjah Real Estate Registration Department on the real estate in the emirate, there were 40,843 transactions in the first half of 2023, and the value of real estate mortgages amounted to AED4.1 billion. Abdulaziz Ahmed Al-Shamsi, Director-General of Sharjah dex Estate Registration Department, said, “The real estate sector in Sharjah continues to be one of the most important economic pillars in the
22.139 Million Travel Bags Handled By Dubai Customs In Dubai Airports During H1 2023
Dubai Customs, through its Airport's customs centers, under the management of the Passenger Operations Department, have efficiently handled over 22.139 million travel bags in the first half of 2023. This achievement, which is attributed to the development of inspection and scanning devices at the customs centers, demonstrates the advanced customs services provided by Dubai Customs, which have significantly reduced the time required for travelers to pass through airports without any delays. These advanced devices, coupled with the inspectors' expertise in interpreting body language, enable them to effectively detect attempts to smuggle prohibited substances. They ensure a high level of efficiency through thorough
Sobha Realty Successfully Issues $300 Million Sukuk
Sobha Realty announced on Thursday the successful issuance of its inaugural $300 million 5NC3 Sukuk. This landmark achievement includes a call feature, making it the first of its kind for a GCC sub-investment grade benchmark-sized Sukuk. The issuance not only signifies a significant milestone for Sobha Realty but also for the entire industry. The Sukuk issuance garnered exceptional investor diversification, with a notable participation from international investors. This achievement highlights Sobha Realty's commitment to innovation and its ability to attract a diverse range of investors from around the globe. The company takes great pride in the trust bestowed upon them by
Dubai Continues To Reinforce Its Position As Major Global Economic Hub
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council said Dubai continues to reinforce its position as a major global economic hub, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai. Driven by H.H. Sheikh Mohammed’s visionary strategy to enhance sustainable economic growth and raise global competitiveness, Dubai has emerged as one of the world’s safest and most attractive cities to live, visit and work. Reviewing a report on Dubai’s economic progress in the first half of 2023, H.H. Sheikh
Summary Of Weekly Real Estate Transactions For The Week Ending 14 July 2023
The real estate and property transactions were valued at AED 13.7 billion in total during the week ending 14 July 2023. The sum of transactions was 3,626. 618 plots were sold for AED 6.19 billion, and 2,410 apartments and villas were sold for AED 5.63 billion. The top three transactions were land in Al Goze Second sold for AED 68.12 million, followed by land that was sold for AED 67.92 million in Al Goze Second, and land sold for AED 67.56 million in Al Goze Second in third place. Al Goze Second recorded the most transactions for this week with 271 sales transactions