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THIS MORNING: Adnoc’s XRG plans “significant” investment in natural gas assets in the US + eight IPOs this year?
Plus: Dubai is getting a sports and entertainment freezone cluster
Dubai’s property market rally nears record highs + Another regional business hub contender?
The 50-month rally is approaching the 57-month record set before the 2008 crash
Office lease rates rise in 2024 as space runs out -Knight Frank
Dubai’s office lease rates in main office districts surged 24.3% y-o-y in 2H 2024
e& taps Samsung for AI, digital transformation cooperation
Plus: DLD partners with Reach on support of proptech startups
Dubai is top greenfield FDI destination for fourth consecutive year
This year is expected to see moderate growth for new projects
THIS MORNING: Adnoc eyes acquisitions of natgas fields in the US -report + Sharjah’s economy to grow 7.5% this year?
Plus: GCC Interconnection to award tender for UAE expansion within two months
Dubai home prices jumped 19.1% in 2024 as listings fell 30%
Knight Frank forecasts 5% growth for mainstream residential prices in 2025, down from its earlier 8% forecast
DWTC, Informa merge their B2B events business in a new venture
The new company is expected to generate more than USD 700 mn in revenues
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