Recent stories from sustg

MUST-READS

  • Dubai Car License Plate Sells for Record $15 Million: Here’s Why They’re Popular

    Emirates Auction LLC sold plate number P 7 — which, at first glance, looks like the number 7 alone, with the P off to the side — on Saturday during a charity auction, according to the company. Proceeds will go to Dubai ruler Sheikh Mohammed bin Rashid’s global food aid initiative, the 1 Billion Meals Endowment.

  • Riyadh Vs. Dubai

    There is a big question mark over whether Saudi Arabia is ready, whether that’s in terms of infrastructure, housing, lifestyle or even the basics of processing foreign residency papers. By opening up the kingdom to international markets, Riyadh is directly competing with neighbor Dubai, the Middle East’s main business and tourism hub, which has long been the default option for expatriates. From a cultural perspective, Dubai remains an obvious choice despite having become increasingly more expensive since the pandemic. It still offers a freer and more cosmopolitan option for foreigners.

  • Dubai’s property market made over $9.3bn in March 2023 alone

    Recent data found by Property Founder has revealed Dubai’s flourishing property market. According to Property Finder’s data, March 2023 real estate transactions recorded around 45% YoY increase in volume by crossing 12,000 sales transactions compared to 8,344 in March 2022.

  • Pilot nails daring landing on Dubai’s Burj Al-Arab

    Air Racing champion Luke Czepiela became the first person to land a winged aircraft on Dubai's iconic Burj Al-Arab helipad. Aviation engineer Mike Patey helped guide Czepiela onto the helipad.

  • Dubai Bling: Netflix launches investigation into salary leak scandal

    Netflix has launched an investigation after the salaries of the Dubai Bling cast members were published last week by Arabian Business. Sources say the company, which is currently filming season 2 of the reality TV show, is “determined to find the mole” who leaked the information.

  • Dubai investment company acquires Virgin Mobile Middle East and Africa

    Beyond One, a subsidiary of private investment company Priora Management Holding in Dubai, has acquired Virgin Mobile Middle East and Africa (VMMEA). Dubai-based VMMEA is one of the largest mobile virtual network operators in the region, with active operations under its Virgin Mobile and Friendi Mobile brands in Saudi Arabia, the UAE, Oman and Kuwait.

  • Booming Dubai: Beyoncé and a $100k-a-night suite at Atlantis The Royal

    Beyoncé was performing her first live concert in more than four years at a private event for the opening of Atlantis The Royal, a $1.4 billion luxury hotel and residential project eight years in the making, located on the outer ring of Dubai's Palm Jumeirah, a man-made beach archipelago in the Arabian Sea. The megastar was paid a reported $24 million for the night.

  • What is Dubai Pearl? The dormant mega-project has been demolished

    If you work around Dubai Media City, chances are you felt the tremors of Dubai Pearl’s destruction early this afternoon (January 23). The troublesome mega-project was once a magnet for investors and the greatest names in hospitality. After failing to get off the ground, the site has been flattened, reportedly taken back by authorities with a new price tag for any investor willing to take it on.

  • Dubai world’s second best city for expats

    Dubai is the second best city in the world for expats, according to a global report by InterNations. In its Expat City Ranking 2022, InterNations named Valencia, Dubai, and Mexico City as best for expats, saying all do very well when it comes to the ease of settling in.

  • Why Dubai’s F&B sector will be the blueprint for others in the region

    Be ready for even more creative types of F&B experiential dining experiences. The pandemic unleashed our most creative minds, and the hunger to thrive and explore life experiences is being most manifested in F&B. Food has always brought people together. In 2023 it is going to be even more so as people ride in this lucrative sector. Expect more inbound investments as well as expect other emerging markets to try and replicate the Dubai F&B DNA in their major cities. Chefs may be the superstars right now, but it takes an army to run a good restaurant. I am hoping to see more focus on FOH, service and personality coming through rather than just chef-led stories.