UAE ranked world’s second safest country, Turkey and India are among least safest
Worst rated for crime rates were South Africa, Turkey, Thailand, India and Mexico, Khaleej Times reports. The UAE has been ranked as the second safest country in the world, beating popular holiday destinations like France, Italy, Singapore, the US and Thailand. The country has been ranked second only to Iceland by UK-based Which? Travel magazine […]
Dubai ranks top in Middle East for quality of living
Dubai and Abu Dhabi were ranked as the Middle East region’s leading cities for maintaining quality of living in seventh consecutive year. In its annual 2019 Quality of Living survey, it said that Dubai led the region, ranking 74th globally and was closely followed by Abu Dhabi, in 78th place. The UAE cities continue to rank highly on the survey and their […]
60,000 millionaires will have been produced in or wooed to Dubai by 2023, are you one of them?
Dubai is among the top ten cities for millionaires and billionaires, #1 in Middle East The number of millionaires in the UAE increased last year and this trend will continue over the next five years as growing investment opportunities will generate more millionaires locally as well as political and economic stability will also woo rich […]
Dubai attracts over 21bn FDI in AI, Robotics and UAE-based startups acquire 88 percent of regional deal value
Dubai ranked first globally in attracting foreign direct investment for AI, more than $21 billion between 2015 and 2018, with the most coming from the European Union and the United States — $5.7 billion and $3.9 billion respectively. While AI adoption will account for 45 percent of the world economy’s total gains by 2030, the […]
Dubai launches 5 new initiatives to support SMEs
The Government of Dubai’s Department of Finance (DOF) has launched a second package of economic growth initiatives aimed at enriching the emirate’s economic incentive package The leadership directives to the government focused on simplifying the procedures of conducting business and reduce the costs for companies by harnessing all the possible resources, in order to facilitate […]
80% Progress at Easy18 Project
It is looking to be a very productive start to 2019 for Easy18 apartments as The Real Estate Regulatory Agency reported 80.06% construction progress yesterday, on March 3, 2019. Dubai Land Department confirmed that an inspection of the project has been carried out on February 28, 2019.Inspection notes:At the time of inspection, mobilisation, enabling, foundation […]
UAE is world’s second best place to invest in property, Business Insider
There has never been a better time to buy property in Dubai, according to property experts Bayut.com, TimeOutDubai reports. Areas such as Dubai International City have a high rent yield of over nine percent due to close proximity to Dubai’s best schools and universities in Dubai International Academic City, Fortune Global 500 firms in Dubai […]
Dubai’s offplan sales make a strong comeback in February
Dubai’s property market and its developers had lots to cheer about in February, with offplan sales recording their best monthly performance since May last year. About 1,700 offplan property deals were recorded last month as against May’s figure of 2,006 units and just ahead of October 2018’s tally of 1,666 units, preliminary data show. (In […]
How the UAE became a regional hub for start-ups and innovation
The UAE may be famous for its rich oil reserves but what some may not know is that SMEs make up a large percentage of its gross domestic product According to the UAE Banks Federation, SMEs make up over 60 per cent of the country’s GDP and employ 42 per cent of its workforce. In […]
High quality building paints and materials used for Easy18 apartments
We are delighted to inform you of the high quality of materials and finishes used throughout the construction of Easy18 apartments. At TownX Developments we seek partners that share our core values. When it comes to design, quality and reliability, we choose and work with Italian, German and Swiss manufacturers. That’s exactly what we want […]