Rental prices for villas in Dubai surge 16.2%: CBUAE

RIYADH: Dubai’s real estate market witnessed strong growth in 2023, with rental prices for villas surging 16.2 percent year-on-year in the fourth quarter, official data showed.  According to the latest report released by the Central Bank of the UAE, median leasing rate prices soared by 10.2 percent in the final three months of last year compared … Read more

Laurel River wins $12m Dubai World Cup by record 8 1/2 lengths

NEWCASTLE: Eddie Howe has hailed the impact of Newcastle United match-winner Harvey Barnes, who netted twice as the Magpies came back from the dead to claim three Premier League points against rivals West Ham. Newcastle looked to have let the win slip as Alexander Isak’s opener was canceled out by Michail Antonio, Mohammed Kudus and … Read more

Dubai drives UAE real estate sector to record $208bn in transactions

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 22.44 points, or 0.18 percent, to close at 12,607.98.  The total trading turnover of the benchmark index was SR7.35 billion ($1.96 billion) as 155 stocks advanced, while 62 retreated.   Similarly, the MSCI Tadawul Index increased by 1.57 points, or 0.10 percent, to close at … Read more

Hans Zimmer adds second concert date in Dubai

LONDON: Five years into his medical career, Saudi surgeon Abdullatef Alrashoudi hung up his stethoscope for the final time.  It was the morning of his 30th birthday, and an offer had recently landed in his inbox from Le Cordon Bleu, the prestigious Parisian culinary school that has trained luminaries from American chef Julia Child to Mary … Read more

Saudi contenders fly flag in Dubai for World Cup night

DUBAI: Unbeaten Asfan Al-Khalediah and this year’s Saudi Cup third, Saudi Crown, are among a contingent of Saudi-owned or trained horses heading to the Dubai World Cup at Meydan Racecourse on Saturday. Asfan Al-Khalediah extended his unbeaten career run to a remarkable 17 wins by comfortably landing the G1 Diriyah Gate Development Authority Obaiyah Arabian … Read more

Dubai sees 550% annual rise in global SMEs attracted to the emirate

RIYADH: Saudi Arabia’s Tadawul All Share Index rose on Wednesday, gaining 22.44 points, or 0.18 percent, to close at 12,607.98.  The total trading turnover of the benchmark index was SR7.35 billion ($1.96 billion) as 155 stocks advanced, while 62 retreated.   Similarly, the MSCI Tadawul Index increased by 1.57 points, or 0.10 percent, to close at … Read more

Saudi Cup winner Junior Alvarado excited ahead of Dubai World Cup bid

Ukraine, Georgia and Poland are going to Euro 2024 after late drama in qualifying playoffs LONDON: Ukraine found another late winning goal in another comeback win. Georgia and Poland held their nerve in penalty shootouts. All are going to the European Championship. The 24-nation Euro 2024 lineup was finalized Tuesday with three qualifying playoffs giving … Read more

Dubai World Cup will be UAE’s most-watched sporting event of 2024: Survey

PALOS VERDES ESTATES, California: Nelly Korda took seven weeks off and nothing changed. She won again on the LPGA Tour and made it far more exciting than it needed to be. Korda made bogey on her last two holes Sunday to fall into a playoff in the Fir Hills Seri Pak Championship, and then ended … Read more

8 things to look out for at the 2024 Dubai World Cup

BERLIN: German soccer and Adidas are breaking up. American sportswear giant Nike will supply all of Germany’s national teams with its apparel and equipment from 2027, the German soccer federation (DFB) surprisingly announced Thursday. The new deal extends to 2034 and ends Germany’s long-standing relationship with Adidas, which goes back some 70 years and had … Read more

Dubai restaurateur apologizes for sharing controversial pro-Israel video

LONDON: A Dubai restaurateur issued an apology on Wednesday following backlash for sharing a controversial pro-Israel video claiming that Palestinians are brainwashed into embracing violence. The video has been produced by American nonprofit PragerU, which is known for its conservative viewpoints and which has been labeled a “political propaganda machine.” Emma Sawko, co-founder of the … Read more