According to HSBC's global wealth chief Nuno Matos, the UAE is emerging as a prominent wealth management center. However, certain entrepreneurs express concerns that their families may lack the requisite skills, drive, and dedication to successfully inherit their businesses. In an exclusive interview with Arabian Business, Nuno Matos, CEO of Wealth and Personal Banking at HSBC, emphasized the UAE's...
The upcoming Expo City Dubai development will include 150 apartments, comprising 1 and 2 bedrooms, complete with kitchens and balconies. Expo City Dubai has revealed intentions for broadening its hospitality amenities with a forthcoming Cheval Collection serviced apartment project. Scheduled for a 2025 debut, Cheval Maison – Expo City Dubai will transform the former Leadership Pavilion building...
Property analysts predict that real estate prices in Dubai will experience another year of growth. D&B Properties predicts a five to seven percent rise in Dubai property prices for the current year. Experts and analysts anticipate substantial growth in the UAE property market due to robust buyer demand. Supported by government initiatives, economic resilience, and strong investor interest, the...
According to a report, developers are well-positioned financially in anticipation of the upcoming cyclical downturn. S&P Global Ratings has predicted a cooling trend in Dubai's residential property market over the next 12-18 months due to heightened supply and global economic pressures affecting demand, according to a recent report. Nevertheless, developers in the emirate have bolstered their...
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