Author: Dr Issac PJ

Sobha Realty, a leading Dubai-based developer, has unveiled its latest ultra-luxury development, The S at Sobha Hartland II.This launch also marks the debut of the developer’s newly introduced Sobha Privy Collection, a curated portfolio of ultra-premium residences designed for global connoisseurs of bespoke living.Recommended For You Meta’s Zuckerberg pledges hundreds of billions for AI data centres Malabar Gold & Diamonds unveils Mojawhraty by Malabar UAE offers condolences to South Korea as death toll from heavy rains reaches 14Sobha Privy collection redefines luxury living amid Dubai’s HNWI influxUAE condemns Israeli plan to control Ibrahimi mosque as ‘violation of historical status quo’ Positioned…

The GCC project market is expected to gain renewed momentum in the second half of 2025, led by sustained activities in Saudi Arabia and the UAE.   According to the latest data from MEED Projects and Kamco Invest, the UAE emerged as the region’s top project market in the second quarter of the year, overtaking Saudi Arabia, despite a year-on-year drop in awarded contracts.Recommended For You Meta’s Zuckerberg pledges hundreds of billions for AI data centres Malabar Gold & Diamonds unveils Mojawhraty by Malabar UAE offers condolences to South Korea as death toll from heavy rains reaches 14Sobha Privy collection redefines…

The UAE has vaulted past the United States to claim the second spot in the world for the number of supertall skyscrapers—those rising above 300 metres—according to the latest global rankings released by the Council on Tall Buildings and Urban Habitat (CTBUH). This milestone not only underpins the country’s place on the global architectural map but also reflects a broader narrative of urban ambition, national pride, and visionary transformation of its skyline. From the soaring Burj Khalifa in Dubai to the sleek Adnoc Headquarters in Abu Dhabi, the UAE is home to more than 30 completed supertall structures, the vast…

In a significant move to enhance investor access to the UAE’s vital energy sector, Sharjah’s two major free zones have joined forces with the Abu Dhabi National Oil Company (Adnoc). The initiative, marked by a high-level workshop held by Hamriyah Free Zone Authority (HFZA) and Sharjah Airport International Free Zone (Saif Zone) in collaboration with Adnoc, aims to streamline investor integration into the national oil and gas value chain and open the doors for businesses in the free zones to directly participate in strategic energy projects. The initiative reflects a broader national push to strengthen institutional linkages between free zones…

Dubai Investment Real Estate (DIR), a subsidiary of Dubai Investments, has begun the first phase of handovers for its flagship beachfront development, Danah Bay, located on Al Marjan Island in Ras Al Khaimah — marking a major milestone in the emirate’s rapid rise as a sought-after real estate destination. A total of 171 landside villas are now fully complete and ready for handover. This includes 143 townhouses and three- and four-bedroom villas, along with 28 premium landside units featuring spacious four- and five-bedroom configurations. All aspects of the construction — internal and external finishes, service infrastructure, and landscaping — have…

India is poised to become a $10 trillion economy within the next decade, driven by transformative shifts across technology, talent, and global integration.A key pillar of this growth trajectory is the rapid rise of Global Capability Centres (GCCs), which are set to contribute as much as $500 billion in gross value added to the Indian economy while creating jobs for up to 25 million people.Recommended For You Zone Delivery Services launches heartwarming ‘Beat the Heat’ campaign for all UAE delivery ridersNo more traffic jams: Sharjah-Dubai motorists praise Emirates Road upgradeWho’s the ultimate Superman? Every actor who played Man of Steel…

Gold surged 26 per cent in the first half of 2025, outperforming all major asset classes and recording 26 new all-time highs in dollar terms. Fuelled by a weaker dollar, stable interest rates, and intensifying geopolitical tensions, the precious metal reaffirmed its status as a safe-haven asset amid rising global uncertainty. According to the World Gold Council’s mid-year outlook, gold’s rally in the first half was supported by an exceptional mix of macroeconomic conditions: softening US Treasury yields, expectations of monetary easing, and the worst start for the US dollar since 1973. In tandem, investors sought refuge in gold as…

Foreign investors ramped up their participation in Gulf stock markets in the second quarter of 2025, with the UAE emerging as one of the most attractive destinations. According to Kamco Invest, net foreign inflows into UAE bourses reached $1.33 billion in Abu Dhabi and $462 million in Dubai, reinforcing investor confidence in the country’s resilient macroeconomic fundamentals and regulatory environment. Across the GCC, foreign investors were net buyers for the sixth consecutive quarter, recording net purchases worth $4.2 billion in Q2-2025, up from $2.8 billion in Q1-2025. Cumulatively, in the first half of 2025, net foreign buying in GCC markets…

Abu Dhabi Commercial Bank (ADCB) on Tuesday reported a pre-tax profit of Dh5.94 billion for the first six months of 2025,  up 18 per cent year-on-year, as the bank’s strategic initiatives, digital transformation, and diversified income streams propelled strong growth across key metrics.Net profit after tax stood at Dh5.01 billion despite a higher tax provision under the UAE’s new 15 per cent corporate tax regime.Recommended For You Croatian legend Luka Modric joins AC Milan in one-year dealPakistan to create new paramilitary force ahead of more protests by Imran Khan’s partyDubai jumps in global wealth rankings as lifestyle appeal lures world’s…

Dubai has risen to the seventh place globally and fourth in the EMEA region as a preferred destination for high-net-worth individuals. In Julius Baer’s Global Wealth and Lifestyle Report 2025, Dubai underscored its meteoric rise as a sought-after global hub for the super rich,  climbing five spots from last year’s ranking, marking the largest leap across the Europe, Middle East, and Africa (EMEA) region, despite only a marginal one per cent increase in average local currency prices. The report, which tracks the cost of luxury living across major cities, paints a compelling picture of Dubai’s growing stature as a global wealth…