Business

non-oil-trades

Breaking Records: Non-oil Foreign Trade value surpassed Dh3.5 trillion in 2023

The UAE's non-oil foreign trade surged past Dh3.5 trillion in 2023, marking an unprecedented milestone despite global economic challenges. This remarkable achievement solidifies the UAE's position as the premier destination for real estate investment, offering unparalleled opportunities for investors worldwide. -- Sheikh Mohammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of...

Bluewaters Dubai community

UAE drops Golden Visa down payment requirements for Property Investors

Introduced in 2019, the UAE initiated a 10-year golden visa program for investors, initially mandating a property valued at AED2 million, with a minimum payment of AED1 million or 50%. Presently, investors can secure a 10-year golden visa in the UAE with a property valued at AED 2 million, simplifying the process for off-plan properties, and now, only requiring a AED50,000 cheque. -- The UAE has...

Burj Al Arab

Dubai retains global dominance: Crowned No. 1 Destination for 3rd year running

Dubai clinches top honors in the 2024 TripAdvisor Travelers’ Choice Awards, affirming its status as a premier global destination for the 3rd time. Fueled by the Dubai Economic Agenda (D33), the city aims for a spot among the top three global hubs. Noteworthy growth is seen in tourism, with a 20% surge, recording 15.37 million international visitors in 2023. The thriving hospitality sector boasts 794...

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