Here are the Dubai areas offering highest rental returns
Offering up to 10% RoI based on anticipated rental yields for apartments; Dubai Sports City, Dubai Silicon Oasis, and Motor City have become very desirable
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Go Green with GBO: China’s bold steps towards carbon neutrality
China has emerged from three years of COVID-19 confinement to volatile markets and escalating geopolitical tensions
Qatar’s construction market to grow by 4.40% in 2024: Report
In Qatar, the residential real estate market experienced a boom due to the increase in foreign direct investments
Saudi Arabia’s international reserves reach 18-month high of USD 467.5 billion
Fitch Ratings announced in March that it had affirmed Saudi Arabia’s long-term foreign-currency issuer default rating at 'A+' with a stable outlook
Two collapsed Kenyan banks up for wind-up, liquidation activities
When bank failures in Kenya reached an all-time high, all nine of the troubled lenders were placed in liquidation, between 1993 and 2000
MENA Watch: Region’s economy stares at gloomy days ahead
Analysts predict that the real GDP growth for the MENA hydrocarbon exporters group will decrease from 6.7% in 2022 to roughly 3.5% in 2023–2024
Saudi Arabia supplies almost 40% of Japanese oil imports, says data
Japan PM Fumio Kishida emphasised the importance of Saudi Arabia continuing to play a key role in stabilising the global oil market, possibly through further
ING Bank aims for 4%-5% growth by 2027 despite rising costs
ING has stated that it will prioritize local scale in retail banking and develop wholesale banking as a separate pillar
Houthi activities on Red Sea: Oil transportation becomes time-consuming
Saudi Arabia and Iraq sent more crude oil to Europe via the Cape as opposed to the Red Sea and Suez Canal, making up 15%
Saudi Vision 2030: Kingdom & Gulf hospitality sector poised for massive growth
The rise is a result of Saudi Arabia's extensive aviation connectivity initiative, which added 148 new international destinations and 48% more connectivity in 2023
