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EFG Hermes 1x1 wraps today
Plus: A lot of M&A speculation and a relisting
Parkin IPO sells out in minutes
The company is on track to raise up to AED 1.57 bn
Newer and bigger hotels and airports in Dubai capture the attention of the foreign press
New hotel in Dubai’s business bay + DWC’s expansion plans
Emaar ups its portfolio with AED 96 bn neighborhood developments
The neighborhoods will house a substantial number of high-end villas and townhouses in the city
Dubai property sales prices were up 18% y-o-y in 2023
Office rents in Dubai surpassed pre-pandemic levels by 20% in 2023
Dubai inflation accelerates in January
The consumer price index in Dubai rose to 3.6%, up from December's 3.27%
Edge Group on taking the UAE from buyer to partner
The company formed a joint venture with Italian shipbuilding giant Finantieri this week
More growth incoming
Although residential prices will remain “strong” in 2024, the rate of increase is expected to cool
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