Middle East News

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Dubai Real Estate Sees Global Surge

Published Date: March 19, 2025 Author: Global World Citizen News Team Source: GlobalWorldCitizen.com Dubai’s dynamic property market continues to strengthen its global appeal in 2025, with Indian, British, and Italian investors leading residential real estate acquisitions, according to the latest market insights from Betterhomes. The UAE’s most cosmopolitan city also recorded a sharp 150% year-on-year […]

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Financial Roadmap: What It Takes to Own a $1M Property in Dubai

Published Date: March 19, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Investing in Dubai Real Estate: What It Takes to Buy a $1 Million Property Dubai’s real estate market continues to attract investors and homeowners worldwide. However, purchasing a $1 million (AED3.67 million) property requires more than just the down payment.

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Saudi Arabia Awards Exploration Licenses to Tap $2.5 Trillion in Mineral Wealth

Published Date: March 19, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Saudi Arabia has granted exploration licenses to two companies as part of its ambitious strategy to harness an estimated SR9.3 trillion ($2.5 trillion) worth of untapped mineral resources, further positioning the Kingdom as a global mining powerhouse.   Unlocking the

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Dubai Enhances Sheikh Zayed Road with Major Traffic Upgrades to Improve Flow and Reduce Congestion

Published Date: March 19, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Dubai’s Roads and Transport Authority (RTA) has successfully completed a series of strategic traffic enhancements on Sheikh Zayed Road, aimed at boosting road capacity, minimizing congestion, and improving overall traffic efficiency. These upgrades align with Dubai’s commitment to advancing its

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Inside Saudi Arabia’s ‘Camouflaged’ Desert Rock Resort: The $3,200-a-Night Luxury Escape Drawing Global Travelers

Published Date: March 16, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Saudi Arabia’s Desert Rock Resort, a breathtaking ultra-luxury retreat seamlessly carved into the mountains, has become a global tourism sensation since its grand opening on December 15, 2024. Despite its premium pricing of $2,133 to $3,200 per night, the resort

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Abu Dhabi’s MGX Invests $2 Billion in Binance—The Largest Crypto Deal in History

Published Date: March 13, 2025 ✍️ Author: Global World Citizen News Team 🌍 Source: GlobalWorldCitizen.com Binance Secures Historic $2 Billion Investment from Abu Dhabi’s MGX In a groundbreaking milestone for the global cryptocurrency industry, Abu Dhabi-based AI and advanced technology investor MGX has invested $2 billion in Binance, marking the largest institutional investment in a

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Real Estate Forecast 2025: What’s Ahead for the UAE, Saudi Arabia, and Kuwait?

Wed 12 Feb 2025 GCC Real Estate Outlook 2025: Strong Growth Expected in UAE, Saudi Arabia & Kuwait The real estate markets in the UAE, Saudi Arabia, and Kuwait are poised for significant growth in 2025, according to the latest report from Kuwait Financial Centre “Markaz.” Markaz’s latest real estate market analysis examines trends from

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New York Architects KPF Chosen to Design $1.1 Billion Dubai Project, The Cliffs

Wed 30 Oct 2024 AGI Palace Group, a joint venture between Abu Ghazaleh Investments (AGI), a family-owned Dubai investment firm, and ultra-prime developer Palace Group, has selected New York-based architectural firm Kohn Pedersen Fox (KPF) to lead the design of their first joint project, The Cliffs, along the Dubai Water Canal.   Renowned for excellence

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Colm McLoughlin, Visionary Behind Dubai Duty Free, Passes Away at 81

Thu 31 Oct 2024 Under Colm McLoughlin’s visionary leadership, Dubai Duty Free transformed from a $20 million business in 1984 to a $2.16 billion enterprise by 2023. McLoughlin, the former Executive Vice Chairman & CEO of Dubai Duty Free, passed away on October 30 at the age of 81, as reported by local media.  

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