President-elect Donald Trump has announced a $20 billion foreign investment to build new data centres in the United States. Emirati billionaire Hussain Sajwani, Founder of the UAE-based real estate development company DAMAC Properties, is pledging the money, Trump said. Sajwani, a Trump associate, is pledging “at least” that amount, the president-elect said at his Florida home,
Dubai master developer Emaar Properties has announced the completion of a revolutionary façade lighting upgrade for Burj Khalifa, the tallest building in the world. This dynamic RGBW lighting system, integrating cutting-edge technology with the building’s architectural artistry, debuted during the UAE’s Eid Al Etihad celebrations on December 1 and set the stage for Burj Khalifa’s
In a city known for constantly reinventing itself, Dubai’s real estate market is drawing waves of interest, particularly from investors across Asia. While some see it as a glitzy playground for the wealthy, others are recognising the city for what it has steadily become—a thriving business and investment hub, resilient through economic fluctuations and increasingly
The World Realty Congress & Awards 2024 will bring together global leaders in real estate, PropTech, development, and sustainability from December 9 to 13 at the Palazzo Versace, Dubai. The landmark event, which will consist of a conference and then an award ceremony, is set to establish critical dialogues around the role of the real
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
