Business

Redefining Real Estate: Guddu Shani’s Vision for Innovation at Citi Developers
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Citi Developers is revolutionizing the UAE's real estate landscape by seamlessly integrating robotics and artificial intelligence into its operations. Spearheading this transformation is Shahnawaz Chughtai, affectionately known as Shani, the Chief Brand and Innovation Officer at Citi Developers. With a...
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Dubai: Where apartment, villa rents have increased and decreased
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Residential rents in Dubai have been rising rapidly, with areas such as Discovery Gardens, Living Legends, Downtown Dubai, Jumeirah, and the Dubai International Financial Centre (DIFC) seeing the largest increases. This marks the fastest growth in rental prices in eight...
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UAE’s ADNH to offer 40% of its catering business in IPO
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Abu Dhabi National Hotels, established in 1976, owns several luxury hotels in Abu Dhabi, including the Ritz Carlton and Park Hyatt. Its shareholders include the sovereign wealth fund Mubadala and the UAE-based investment firm National Holding. Khalaf Sultan Al Dhaheri,...
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Korea’s industrial output rises 1.2% in August
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SEOUL, Sept. 30 (WAM) -- South Korea's industrial output increased by 1.2% in August, marking its first rise since April. This growth was primarily driven by higher production in the automobile and semiconductor industries, according to data released on Monday....
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NY Teens Charged with Joyriding and Crashing Subway Train
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New York police have arrested two 17-year-olds, a girl and a boy, suspected of joyriding and crashing an empty subway train. The teens face charges of criminal mischief and reckless endangerment after allegedly entering and operating the train, causing a...
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A record-breaking off-plan villa deal on Dubai’s Jumeira Bay Island nets Dh125 million.
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A stunning off-plan villa in Dubai’s exclusive Sea Mirror community on Jumeira Bay Island has been sold for a record-breaking Dh125 million. The transaction, facilitated by Penthouse.ae, marks the highest off-plan villa sale of the year in Dubai. The 15,000...
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