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$1Bn investment plan from DP World in Bangladesh

Dubai-based terminal operator DP World wants to invest US$1bn in Bangladesh’s container supply chain infrastructure, including ports, rail network and inland container terminals. The global port giant has tabled a formal proposal to Bangladesh’s government after a meeting organised with the Dubai Chamber last month. It expects the investments to bring cumulative economic benefits of […]

Dubai Airport Remains World’s Number 1 for International Travel

Dubai International Airport maintained its title as the world’s busiest for international travel, despite closing one of its runways for repairs last year and the ongoing grounding of the Boeing 737 Max. The airport, home to long-haul carrier Emirates, saw 86.4 million passengers in 2019, 6 million more than second-place Heathrow Airport in London. That’s […]

Arab Strategy Forum exploring global geopolitical landscape

Dubai: Dubai is all set to host the 12th edition of the annual Arab Strategy Forum (ASF 2019) The event will run under the theme ‘Forecasting the Next Decade 2020-2030’. A series of panels and Q&A sessions with some of the world’s leading personalities on the political and economic stage, including former US Vice President […]

Fintech giant Visa to open regional HQ in Dubai in 2021

Visa, the global digital payment firm, has designated international property developer Sweid & Sweid to build its new headquarters in Dubai. The building to service operations in the Central and Eastern Europe, Middle East and Africa (CEMEA) region of the company will increase capacity to more than 500 employees. The HQ project is on its […]

Expo Dubai 2020: Only 12 months left

Expo 2020 Dubai starts in exactly 12 months: here is everything you need to know about “the best show in the world”. 192 countries Six months. One year to the end. Expo 2020 Dubai is the most anticipated project in the city with 192 participating countries and lasting 6 months. The account has already started […]

  The value of real estate transactions in Dubai rose 33 percent to $9.26 billion in the first five months of the year, according to statistics from the Dubai Land Department. According to the data, the value of residential and commercial apartments’ deals reached $4.63 billion, while land purchase transactions stood at $3.81 billion. Deals […]

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