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Supreme Court Refuses to Halt Dharavi Redevelopment Project by Adani Group
Global Stories, Global Trending

Supreme Court Refuses to Halt Dharavi Redevelopment Project by Adani Group

March 8, 2025/
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The Supreme Court has refused to put a pause on the ongoing redevelopment of Dharavi, Mumbai’s largest slum, which is being undertaken by the Adani Group. The decision comes after Dubai-based Seclink Technology Corporation (STC) challenged the Maharashtra government’s 2022 decision to issue a fresh tender for the project, despite STC winning the original bid in 2019. Supreme Court’s Decision A bench comprising Chief Justice Sanjiv Khanna and Justice Sanjay Kumar declined…

UAE’s Insurance Sector Set for Strong Growth in 2025
Abu Dhabi, Umm Al Quwain

UAE’s Insurance Sector Set for Strong Growth in 2025

March 7, 2025/
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The UAE’s insurance industry is expected to continue its upward trajectory in 2025, with growth projected between 10% and 20%, according to S&P Global Ratings. This follows an estimated 20% expansion in 2024, highlighting the sector’s resilience and strong market fundamentals. Regional Growth in the GCC S&P also noted that other Gulf countries will experience positive growth in their insurance markets, with expansion rates projected between 5% and 15%, depending on market…

Dubai World Trade Centre and Informa Group Join Forces to Create a Global Exhibition Powerhouse
Ajman, Dubai

Dubai World Trade Centre and Informa Group Join Forces to Create a Global Exhibition Powerhouse

March 7, 2025/
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Dubai’s MICE (Meetings, Incentives, Conferences, and Exhibitions) industry is set for a major transformation as the Dubai World Trade Centre (DWTC) and Informa Group announce a strategic joint venture. This collaboration aims to create a global leader in exhibitions and event management, headquartered in Dubai. A Strategic Partnership for Global Expansion The new entity, Informa International, will be fully operational by Q4 this year and will focus on the Middle East, South…

UAE vs. Bangalore Real Estate: A Brutal Comparison for Investors
Abu Dhabi

UAE vs. Bangalore Real Estate: A Brutal Comparison for Investors

March 7, 2025/
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A heated debate has erupted online over the investment potential of UAE vs. Bangalore real estate, following a bold Reddit post that claims Bangalore’s property market is a liquidity trap compared to the UAE’s high-yield investment environment. While both cities attract real estate investors, the comparison highlights key differences in rental yields, appreciation, and liquidity, leaving many questioning whether Bangalore is a sound investment or just speculative money parking. Key Takeaways from…

Dubai Introduces a Fully Automated, Hassle-Free Parking System
Abu Dhabi, Sharjah

Dubai Introduces a Fully Automated, Hassle-Free Parking System

March 7, 2025/
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Dubai has taken a major step toward smart mobility with the introduction of a fully automated, ticketless parking system. This revolutionary solution, now operational in select locations such as the East Crescent of Palm Jumeirah, offers a seamless and stress-free parking experience for motorists. With no waiting, no tickets, and no manual payments, this system eliminates common parking hassles and enhances convenience through advanced AI-driven technology. How the New Parking System Works…

Dubai’s Real Estate Market in 2024: Supply Shortages, Rising Ownership & Luxury Boom
Abu Dhabi

Dubai’s Real Estate Market in 2024: Supply Shortages, Rising Ownership & Luxury Boom

March 7, 2025/
No Comments

Dubai’s real estate market continues to evolve rapidly, with a significant drop in available homes for sale, rising property prices, and a growing shift from rentals to ownership. According to real estate consultancy Knight Frank, the number of homes listed for sale in Dubai fell by 30% in 2024, with the prime market experiencing an even sharper decline of over 50%. Why Are Fewer Homes Available? A key factor behind this decline…

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