Burj Azizi will offer ultra-luxury residences and a unique vertical shopping mall. The world’s highest nightclub will be constructed on the 126th floor of Burj Azizi in Dubai, according to The Metro. Upon completion, this building will stand as the world’s second-tallest tower, reaching a height of 725 meters (2,379ft). Until 2028, this $1.63 billion-worth tower … Read more
DUBAI, United Arab Emirates — Dubai’s property scene is showing no sign of cooling off, as 2024 is on track to be another record year in terms of sales figures and property values, according to local real estate firms. Increasing demand for property, especially in the luxury space, is boosting prices not just of homes, … Read more
Smiling businessman with laptop and credit card in a restaurant in the evening Pixelfit | E+ | Getty Images India is expected to see the fastest growth in ultra high net worth individuals globally over the next few years, according to consultancy Knight Frank. Earlier this year, India’s financial center, Mumbai, overtook Beijing to become … Read more
Aerial view of cityscape and skyscraper at sunset in Dubai Marina. Lu Shaoji | Moment | Getty Images The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report. At the same time, the U.K. – already the source … Read more
The daughter of Dubai’s ruler has apparently divorced her husband, according to a mysterious announcement made on her Instagram page. Sheikha Mahrah bint Mohammed Al Maktoum, 30, is one of the youngest daughters of Dubai’s ruler Sheikh Mohammed bin Rashid Al Maktoum, who also serves as the vice-president and prime minister of the United Arab … Read more
A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. Jakub Porzycki | Nurphoto | Getty Images DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an … Read more
The International Air Transport Association (IATA) raised its profit forecast for the airline industry in 2024 and predicts a record revenue of $996 billion. Nurphoto | Getty Images DUBAI, United Arab Emirates — The International Air Transport Association raised its profit forecast for the airline industry in 2024 and predicts revenue of $996 billion — … Read more
A worker lifts a gold bullion bar from a conveyor machine at the Rand Refinery plant in Germiston, South Africa, on Aug. 16. 2017. Waldo Swiegers | Bloomberg | Getty Images DUBAI, United Arab Emirates — Each year, as much as $35 billion worth of gold produced by artisanal and small-scale mining in Africa — … Read more
The CEO of Dubai Airports is bullish on the future and expects passenger traffic to surge to a record this year and top 100 million by 2027. Paul Griffiths said the airport operator has seen very strong post-pandemic recovery, adding the city’s “never been in a stronger place than it is now.” Dubai Airports is … Read more
What do you think about Dubai? Exotic? Hot? Well, the mega-city of the UAE may not be what you think. Recently, an Indian man took to social media to debunk many of the notions attached to Dubai. Rohit Manchanda, who lives in Dubai, said that Dubai is not as hot as people think. (Join our … Read more
