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Dubai, once a small and poor settlement in the desert, has undergone an extraordinary transformation in just a few decades.
Dubai's economy grew 1.94 percent in 2018, the government said on Wednesday, hitting its slowest pace since a contraction in 2009 when the economy was hobbled by a debt crisis.
Economic recovery in Dubai, the Middle East business hub, will be subdued and its gross domestic product in dollar terms will return to the 2019 level only in 2023, S&P Global Ratings said.
Arabian Post -Dubai’s real estate sector saw a remarkable surge in February 2025, with property sales volumes hitting Dh41 billion, marking a 17 per cent increase compared to the previous month.
The value of Dubai’s real-estate market had already dropped 30% since 2014, when it announced it would host the Expo 2020 world’s fair. That event, on which Dubai already has spent billions ...
In this video from Skift Global Forum East, Skift shared findings from its 2023 trend report in partnership with Dubai’s Department of Economy and Tourism. The report explores the innovative ...