UAE: Over 42% of Dubai residents saw rents rise in the past year

The majority of Dubai residents either saw their residential rents increase or remain the same in the past year, a new survey has found.

 

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UAE: Dubai landlords are lowering rents, extending leases to keep tenants

Dennis has been jobless for about three months now and is increasingly worried about drying up his savings to pay the household bills – especially the rent for his one-bedroom flat at an upscale neighbourhood.

 

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UAE non-oil private sector growth highest since Sept 2015

Business conditions in the UAE’s non-oil private sector saw the strongest growth since September 2015 last month, according to Dubai lender Emirates NBD’s monthly survey.

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IATA predicts profitability of UAE airlines will fall this year

Flydubai boosts Kuwait capacity for holiday traffic

The profitability of airlines in the United Arab Emirates, one of the Middle East’s two big aviation hubs, is expected to fall this year, the director-general of the International Air Transport Association (IATA) told reporters on Tuesday.

 

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UAE: Dubai among the top 20 ‘important’ cities for the world’s ultra-wealthy

Dubai was ranked as among the top 20 cities that “matter” to ultra-high net worth individuals (UHNWIs), according to consultancy Knight Frank’s annual Wealth Report.

 

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