For the first time in its history, a UNCCD COP will include a green zone and thematic days, as part of Saudi Arabia’s incoming UNCCD COP16 Presidency. The landmark program comes as Saudi Arabia seeks to galvanize global action to combat land degradation, drought and desertification. The Green Zone will help raise global awareness around
With the UAE and Vietnam announcing an elevated Comprehensive Economic Partnership Agreement, CEPA, the Vietnamese conglomerate VinGroup is further solidifying its footprint in the UAE, poised to create significant synergies across industries. As both countries are set to commit to the term of the CEPA, VinGroup is serving as a bridge for innovation and sustainable
Dubai has taken a major step towards enhancing transparency in its real estate sector through a newly-announced strategic partnership between Digital Dubai and the Dubai Land Department (DLD). This collaboration aims to introduce a series of specialised indicators to track residential and commercial property sale prices across the emirate, ultimately creating a data-driven real estate
Dubai has unveiled an ambitious master plan to transform education, real estate and transport and preserve its rich heritage over the next decade. The major strategy was announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Dubai Executive
Taraf, the real estate division of UAE-headquartered investment holding group Yas Holding, and Marriott International, Inc. have announced a landmark project, W Residences Abu Dhabi – Al Maryah Island. This collaboration will mark the first branded residences of the W Hotels brand in Abu Dhabi and represents an exciting milestone for both stakeholders, with Taraf
Sobha Realty, a leading real estate developer, is set for a significant leadership transition. PNC Menon, the visionary Founder and Chairman of Sobha Group, will retire from his active role as Chairmanship, while continuing as the Founder of Sobha Group. Effective November 18, 2024, Ravi Menon, a distinguished leader with an exceptional track record as
A passionate professional and leader in the real estate industry, Ju Young Shin not only deals with the complex world of finance, but also treats her team with motherly care and love. Keeping her team members motivated is her preference and she likes to see them advance to increasingly elevated roles. Having received an award
Rent2Cash, an Italian startup bringing rental advance services to landlords, offering upfront payouts of up to three years’ rent, has raised a €3 million pre-seed round and launched operations in Italy. The investment is financed by major Italian banking groups, as well as institutional investors and business angels. The company purchased its first rental credits
Mapletree Investments Pte, a Singapore-based property development and management firm, is expanding its global presence with the opening of an office in Abu Dhabi. Mapletree, a unit of Singapore’s state-backed Temasek Holdings PTE, has reportedly re-hired Khairul Abdullah to lead this Middle East expansion, according to a report in international media citing people familiar with
China’s new home prices in June fell at the fastest clip in nine years while property sales and investment slumped, increasing pressure on policymakers for more stimulus to prop up the battered sector as it struggles to find a bottom. New home prices slid 4.5% from a year earlier, hitting the lowest since June 2015,
