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Dubai traffic: DIFC roads are getting an upgrade as RTA awards new project
Dubai traffic: DIFC roads are getting an upgrade as RTA awards new project

What's On

time14-07-2025

  • Business
  • What's On

Dubai traffic: DIFC roads are getting an upgrade as RTA awards new project

Dubai's Roads and Transport Authority (RTA) is continuing its mission to improve traffic flow across the city, with the latest changes aimed at easing congestion in key areas. The RTA has awarded the contract for the large Al Mustaqbal Street Development Project and it's about to make the traffic in DIFC much better. The road improvements will be from the intersection with Za'abeel Palace Street to Financial Centre Street and will cost a total of Dhs633 million. There will be construction of bridges and tunnels extending 1,700 metres, and widening of the street from three to four lanes in each direction. The development will increase the road's capacity by 33%, from 6,600 to 8,800 vehicles per hour in both directions and reduce travel time by over half, from 13 minutes to 6 minutes. Anyone who has used the roads in DIFC during rush hour will welcome this project. The project will help the traffic flow in several key areas and roads such as DIFC, the Dubai World Trade Centre that hosts major global exhibitions such as GITEX, Arabian Travel Market, Arab Health, Gulfood, and the Transport Exhibition. The project will no doubt assist in the flow of traffic for these large events. There are 40 areas being improved by RTA throughout the summer as the traffic quietens down, which include 22 major streets and 9 school zones. 33 things that will help ease Dubai traffic Image: Dubai Media Office > Sign up for FREE to get exclusive updates that you are interested in

Dubai: A global hub for business and the impact on the short-term rental market
Dubai: A global hub for business and the impact on the short-term rental market

Khaleej Times

time26-06-2025

  • Business
  • Khaleej Times

Dubai: A global hub for business and the impact on the short-term rental market

Dubai, a city synonymous with ambition, luxury, and relentless growth, has firmly cemented its position as a global hub for business, finance, and tourism. This strategic positioning, coupled with a proactive government vision, has fostered an environment that constantly attracts world-class conferences, exhibitions, and events. This booming conference scene, in turn, has a profound impact on Dubai's short-term rental market, driving demand, shaping trends, and creating lucrative opportunities for property owners and professional management companies alike. The city secured a record 437 bids for international business events in 2024, a 20 per cent year-on-year increase, with an aim to host 400 global economic events annually by 2025. These include world-renowned trade shows like Gitex and Arab Health, major cultural festivals, and sporting events, which collectively draw in millions of visitors annually. In 2024, Dubai welcomed 18.72 million international overnight visitors, a 9 per cent year-over-year increase that surpassed the previous record of 17.15 million in 2023. These attendees, a significant portion of whom are business travellers, delegates, and exhibitors, often require flexible, short-term accommodation that goes beyond the traditional hotel offering. The short-term rental market provides a diverse range of options from studio apartments to luxury villas, catering to varied budgets and preferences. The most immediate impact is the significant increase in demand for short-term rentals, especially during peak conference seasons. This leads to higher occupancy rates for holiday homes, outperforming traditional hotel stays in many prime locations. For instance, average occupancy rates for short-term rentals in Dubai can reach as high as 85-95 per cent per cent during busy periods, evidence of the strong demand driven by business tourism. The hotel sector's average occupancy rate in 2024 was 78.2 per cent, up from 77.4 per cent in 2023, with occupied room nights rising to 43.03 million. This heightened demand allows property owners to implement dynamic pricing strategies. During major conferences and events, nightly rates for short-term rentals can soar, leading to substantially higher rental yields compared to long-term leases. A typical short-term rental listing in Dubai was booked for 255 nights a year with a median occupancy rate of 70 per cent and an average daily rate of Dh620 in 2023. This lucrative potential has attracted many investors to acquire properties specifically for the short-term rental market, with a typical host income reaching Dh156,000 in 2023. While leisure tourists remain a significant segment, the conference scene brings in a distinct type of guest: the business traveler. These individuals often seek properties that offer more space, privacy, and amenities conducive to work, such as dedicated workspaces, high-speed internet, and fully equipped kitchens. This has led to a greater emphasis on furnishing and equipping properties to meet the needs of this discerning clientele. Proximity to major exhibition centres, business districts, and transportation hubs becomes a crucial factor for short-term rental properties catering to conference attendees. Areas like Downtown Dubai, Business Bay, Dubai Marina, and proximity to the Dubai World Trade Centre experience particularly high demand during business events, as convenience and ease of commute are key for delegates. Within this evolving landscape, several trends are emerging. While luxury properties have traditionally dominated Dubai's short-term rental scene, there's a growing recognition of the need for mid-market and budget-friendly options. Not all conference attendees or business travellers are looking for ultra-luxury, and a broader range of price points allows Dubai to cater to a wider audience, further bolstering its appeal as a conference destination. This segment offers attractive returns for investors due to consistent and predictable demand. The short-term rental market is also increasingly leveraging technology to enhance efficiency and guest experience. This includes AI-powered dynamic pricing algorithms, smart home solutions for seamless check-ins and energy management, and virtual reality tours for prospective guests. Property management platforms are becoming more sophisticated, offering owners real-time insights into their property's performance. In a competitive market, providing exceptional guest experiences is crucial. This goes beyond just a clean and well-maintained property; it includes personalised recommendations, responsive communication, and tailored amenities. Companies are focusing on creating a 'home away from home' atmosphere, often incorporating local touches and offering concierge-style services. The global rise of remote work has led to an increase in digital nomads seeking longer-term short-term rentals, i.e. monthly stays. Dubai's attractive visa options and high quality of life make it a popular choice, with Dubai maintaining its position as a top global destination for long-term remote workers. Dubai government bodies such as the Department of Economy and Tourism (DET), have been proactive in regulating the short-term rental market. Licensing requirements, quality standards, and tourist fees ensure a structured and secure environment for both hosts and guests. This regulatory framework fosters trust and contributes to the sustainable growth of the market. Within this evolving landscape, professional property management firms are essential in navigating the complexities and maximising the potential of the short-term rental market. Companies like Frank Porter, for instance, offer comprehensive services that span the entire lifecycle of a short-term rental property, from initial setup and interior styling to dynamic pricing, multi-platform marketing, and round-the-clock guest support. By leveraging technology and expertise, these businesses help property owners maximise their returns while ensuring a seamless and high-quality experience for guests, whether they are business travellers attending a conference or tourists exploring the city. In conclusion, Dubai's growing conference and events calendar is a key catalyst for the growth and evolution of its short-term rental market. The continuous influx of business travellers and delegates creates consistent, year-round demand for flexible accommodation, leading to higher occupancy rates and attractive rental yields. The impact of mega-events like Expo 2020 (which attracted over 24 million visitors) has also been significant, contributing to a surge in short-term rentals and increased property values and rental yields in key areas. As the city continues to expand its global reach and attract diverse visitors, the short-term rental sector is set for further innovation, with technology and professional management increasingly defining its trajectory. The writer is CEO and Founder of Frank Porter.

Building Effective Business Connections: Advanced Networking Strategies for Growth in Dubai
Building Effective Business Connections: Advanced Networking Strategies for Growth in Dubai

Hi Dubai

time13-06-2025

  • Business
  • Hi Dubai

Building Effective Business Connections: Advanced Networking Strategies for Growth in Dubai

In Dubai's dynamic business landscape, success is less about what you know and more about who you know. The city thrives on relationships, trust, and a robust network of connections. Networking in Dubai goes far beyond a quick exchange of business cards; it's about cultivating genuine, long-term relationships that can become the bedrock of your business's growth and resilience. This article dives into advanced networking strategies tailored for Dubai. Explore actionable techniques, crucial cultural considerations, and how to leverage Dubai's unique opportunities to build a powerful network that propels your business forward. The Power of Strategic Networking in Dubai Dubai is a melting pot of cultures, ideas, and opportunities. Its rapid growth and diverse economy make it an ideal place to expand your reach, but standing out requires more than just showing up. Strategic networking is about being intentional and effective in your efforts to connect with others. When you meet someone new, resist the urge to immediately jump into a sales pitch. Instead, focus on building a genuine connection. Ask open-ended questions, listen actively, and find common ground. In Dubai, relationships are often built over time, so approach each interaction with a long-term perspective, valuing trust and mutual respect over immediate transactional gains. Strategic Event Selection: Not all networking events are created equal. Be selective with your time. Prioritise industry-specific events that directly relate to your niche, whether it's tech conferences, real estate forums, or finance summits. Don't overlook high-profile gatherings like GITEX or Arab Health; these flagship events bring together a diverse international audience. However, remember that smaller, targeted gatherings often yield higher-quality connections. Quality over quantity always wins. Leverage Online Platforms: Your online presence is an extension of your professional self. Master LinkedIn by maintaining a professional profile and actively engaging in Dubai-based industry groups. Share insights, comment on relevant posts, and connect with people you meet offline. Explore other industry forums and communities where professionals in your sector gather virtually. The true value of networking often lies in the follow-up. Aim to connect with new contacts within 24-48 hours of meeting them. Your message should be personalized, referencing a specific point from your conversation. Beyond just saying "nice to meet you," look for ways to add value – perhaps by sharing a relevant article, suggesting a useful resource, or offering an introduction to someone in your network. Become a "Giver," Not Just a "Taker": The strongest networks are built on reciprocity. Position yourself as a valuable resource by offering help and sharing your expertise without expecting immediate returns. Actively look for opportunities to make introductions between people in your network who could benefit from knowing each other. This generosity builds trust and credibility. Master Your "Elevator Pitch": Be ready to concisely and compellingly articulate what you do and the value you offer. Your "elevator pitch" should be short, engaging, and focus on the benefits you bring to potential connections, rather than just listing your services. Practice it until it feels natural and impactful. Seek Mentorship and Guidance: Dubai has a wealth of experienced business leaders. Don't hesitate to connect with them for advice, insights, and potential mentorship. Actively engage with industry associations and chambers of commerce; many offer mentorship programs or provide platforms to meet seasoned professionals. Dubai's vibrant multicultural environment means that effective networking requires an understanding and appreciation of its unique cultural nuances. Respecting local customs isn't just polite; it's a critical component of building genuine trust and long-lasting relationships. Respect for Hierarchy and Titles: Be mindful of the social and business hierarchy. Address individuals appropriately, using formal titles like "Sheikh," "Dr.," or "Engineer" when applicable. Showing deference to seniority in business interactions is a sign of respect. Building Trust and Relationships: In many cultures represented in Dubai, especially Arab culture, business relationships are often built on personal trust and mutual respect, which develops over time. Be patient and persistent; invest time in getting to know people on a personal level before diving straight into business discussions. Share a coffee or a meal. Be aware that direct confrontation is often avoided in local business culture. Communication can be more indirect, relying on subtle cues and nonverbal communication. Pay attention to body language and read between the lines to fully understand the message. Importance of Arabic Language: While English is widely spoken in Dubai's business circles, learning a few basic Arabic phrases – such as greetings ("Marhaba"), thank you ("Shukran"), and how are you ("Kaif halak?") – can demonstrate respect and significantly help in building rapport. If you have business cards, consider having them printed in both English and Arabic on opposite sides. Ramadan and Other Cultural Observances: Be highly mindful of Ramadan and other significant cultural or religious observances. During Ramadan, business hours are often adjusted, and it's respectful to avoid eating, drinking, or smoking in public during fasting hours. Adjust your networking activities and meeting schedules accordingly, and always show sensitivity to local customs and traditions. Leveraging Dubai-Specific Networking Opportunities Dubai offers unique avenues for networking that can significantly accelerate your growth. Free Zone Networking Events: Many of Dubai's specialised Free Zones (like DMCC, DIFC, Dubai Media City, Jafza) regularly host their own targeted networking events. These events offer an excellent opportunity to connect with businesses within specific industry clusters and meet potential partners or clients who operate under the same regulatory framework. Business Councils and Chambers of Commerce: Dubai is home to numerous active business councils (e.g., American Business Council, British Business Group, French Business Council, Indian Business & Professional Council) and Chambers of Commerce. Actively participating in these organizations offers unparalleled networking opportunities. They often host industry-specific groups, seminars, and exclusive events. Government Initiatives and Programs: The UAE government is highly supportive of business growth. Leverage initiatives like Dubai SME (Small and Medium Enterprises) and other government-backed programs that offer workshops, mentorship, and networking opportunities designed to support local and international businesses. Keep an eye on ongoing initiatives, like the legacy opportunities emerging from Expo 2020, such as District 2020. Cultural and Social Events: Networking isn't confined to formal business settings. Attending cultural events, community gatherings, or even joining sports clubs and recreational activities can be fantastic ways to build relationships with a diverse range of people in a more relaxed environment. Shared hobbies often create strong bonds that can translate into professional connections. Measuring Your Networking Success To ensure your networking efforts are genuinely contributing to your business growth, it's essential to measure your success: Set SMART (Specific, Measurable, Achievable, Relevant, Time-bound) networking goals. For example, "Gain 5 quality leads from events per month." Use a Customer Relationship Management (CRM) system or even a simple spreadsheet to manage your contacts, note details about your interactions, and plan follow-ups. Monitor referrals and leads: Regularly assess the number and quality of referrals and leads that originate from your networking activities. Assess relationship depth: Beyond just the number of contacts, evaluate the strength and quality of your relationships. Are these connections leading to deeper collaborations or valuable advice? Strategic and culturally sensitive networking is not just an optional extra; it's a fundamental pillar for sustainable business growth in Dubai. The city offers a unique blend of opportunities, but unlocking them requires dedication, a genuine desire to connect, and an understanding of the local way of doing business. Embrace these advanced strategies, be mindful of Dubai's rich cultural tapestry, and leverage the diverse opportunities available. Building a strong network is an ongoing process that yields invaluable returns, propelling your business to new heights in this thriving global hub. Also Read: Best Business Networking Events & Conferences in Dubai Explore top business networking events and conferences in Dubai. Connect with industry leaders, expand your network, and discover new opportunities in 2025. Top 10 Business Opportunities in Dubai for 2025 Discover the top 10 emerging business opportunities in Dubai for 2025, from renewable energy to AI and education, driving growth in a dynamic market. Creating Opportunities in Dubai: How to Connect, Grow, and Thrive Discover powerful networking strategies to build meaningful connections, unlock opportunities, and thrive in Dubai's dynamic business landscape. Unlock the secrets to professional success in this thriving city. Financial Resolutions for 2025: How to Save and Invest While Living in Dubai This guide will walk you through simple, practical tips to help you make the most of your money and set yourself up for a successful 2025.

cost of GCC healthcare
cost of GCC healthcare

Arabian Business

time08-05-2025

  • Health
  • Arabian Business

cost of GCC healthcare

GCC healthcare sector urged to unlock $2.5bn by investing in staff wellbeing by GCC healthcare professionals face burnout worries unless industry heads invest in staff wellbeing Latest in cost of GCC healthcare In pictures: WHO logistics hub in Dubai carried 7.5 tonnes of medical supplies to Iran by ITP Tue 3 Mar 2020 Dubai's International Humanitarian City facilitated the shipment containing medical supplies that could assist some 15,000 healthcare workers taking care of coronavirus patients in Iran In pictures: Sheikh Mohammed visits Arab Health Exhibition 2020 by ITP Tue 28 Jan 2020 Arab Health 2020 is taking place at the Dubai World Trade Centre and Conrad Dubai Hotel from 27 – 30 January 2020

WHX ushers in new era for global healthcare events with tech launch
WHX ushers in new era for global healthcare events with tech launch

Gulf Business

time18-04-2025

  • Business
  • Gulf Business

WHX ushers in new era for global healthcare events with tech launch

Image: Supplied In a decisive move to reshape the global healthcare event landscape, Informa Markets unveiled WHX, a unified brand platform succeeding the long-standing Arab Health, earlier this year. The announcement, made at the 50th-anniversary edition of Arab Health, represents a transformative vision for the next 50 years of global healthcare collaboration and innovation, highlighting Dubai's role as a global hub for medical advancement. Designed to reflect the needs of a fast-evolving sector, WHX consolidates Informa's international healthcare events under one vision and expands into new thematic domains — most notably with the launch of WHX Tech, set to debut in Dubai in September. More than just a rebrand The transition from Arab Health to WHX marks more than just a rebrand. It represents a strategic overhaul to better serve a healthcare ecosystem increasingly defined by technological convergence, data-driven solutions, and global collaboration. WHX positions itself as a platform not just for conversation, but for action — bringing together clinical leaders, healthtech pioneers, investors, and policymakers from across the world. Solenne Singer, senior vice president for Informa Markets, said, 'WHX Tech is where innovation in digital health comes to life.' 'Designed to spark breakthroughs, this event goes beyond showcasing new technologies—it's about turning ideas into actionable solutions that address the real-world challenges facing global healthcare. As demand grows for more curated, content-driven, and forward-looking experiences, WHX Tech stands at the forefront, providing a platform for ideas to become investments and technologies to become care. 'We're not just reflecting on where healthcare is heading; we're actively shaping its future. Dubai is a global capital for healthcare transformation, and WHX Tech is where the world's leading thinkers, builders, and disruptors will converge to chart the next decade of digital health. We're proud to offer a platform that connects ambition with opportunity at a global scale,' Singer added. Under the WHX umbrella, the healthcare industry gains access to a globally integrated suite of events designed to address sector challenges and accelerate innovation. The brand's flagship event, WHX Dubai (formerly Arab Health), continues its legacy as a key global gathering, while new verticals such as WHX Labs Dubai, WHX Leaders and WHX is designed to be more than a physical destination. It is an ecosystem for health transformation, purpose-built to unite diverse stakeholders, from clinicians and technologists to regulators and startup founders. Each component of WHX is curated to inspire measurable outcomes — whether through partnerships, investment, or implementation of emerging solutions. Health innovation to take centre stage at WHX Tech The most anticipated development within the WHX rollout is WHX Tech, a dedicated digital health and innovation platform launching September 8–10, 2025, at the Dubai World Trade Centre. Developed in partnership with global health technology authority HIMSS, WHX Tech reflects the growing urgency around digital transformation in healthcare systems worldwide. Designed to spotlight emerging solutions in AI, data analytics, cybersecurity, and medical deep tech, WHX Tech will feature over 300 exhibitors, a curated conference programme, live demonstrations, and a startup competition called XCELERATE, offering a share of a $50,000 prize fund. 'At WHX Tech we are proud to be showcasing our traqpharma traceability platform, demonstrating how we are transforming national healthcare systems by eliminating counterfeits and shortages,' said Jihad Tayara, CEO of EVOTEQ. 'We'll be discussing how AI, interoperability, and digital innovation are shaping the future of healthcare,' added Sam Amory, managing director at Dedalus AMEA. 'At Dedalus, we're committed to enabling smarter, more connected healthcare systems.' Expert-driven, content-rich programming WHX Tech will be guided by an advisory board of globally respected healthcare leaders. Among its members are Dr David Rhew, global chief medical officer and VP of Healthcare at Microsoft; Dr James Mault, CEO of BioIntelliSense; Dr Sam Shah, digital health advisor and director of the Office of Healthcare Data Management, NEOM (UK); Dr Myriam Fernández, head of Health Innovation at Amazon Web Services (AWS) EMEA; Reenita Das, senior partner and SVP – Healthcare & Life Sciences, Frost & Sullivan; and Dr Tamara Sunbul, strategic advisor for Digital Health in Saudi Arabia. Their insights will shape content across three major stages at WHX Tech. WORLD X will focus on global perspectives in digital health, featuring case studies and strategies for digital adoption from across continents. FUTURE X will spotlight cutting-edge innovation in diagnostics, personalised medicine, and biotechnology, and will also host XCELERATE, the region's largest startup competition. XCELERATE itself will serve as a hub for investment and entrepreneurial collaboration, connecting high-impact start-ups with capital and scale-up opportunities. The event will also host conferences featuring leading industry experts, including Frost & Sullivan's Das; AWS' Dr Fernández; Dr Mussaad Al Razouki, operating partner Deerfields Management; Vidith Phillips, director of Industry Relations and clinical AI researcher, Johns Hopkins Medicine; and surgeon, teacher and futurist Professor Shafi Ahmed. Reflecting the ongoing transformation of healthcare The launch of WHX and WHX Tech comes at a time of significant transformation in healthcare. Ageing populations, rising costs, and growing demand for personalised care are pushing systems to innovate. Technology — especially AI, remote monitoring, and genomics — offers new solutions, but also demands new platforms for shared learning and integration. 'With WHX Tech, we are creating a dedicated platform to bring together the brightest minds and the latest digital health innovations,' said Singer. 'This is about addressing critical challenges and defining the future of healthcare.' Ronan O'Connor, HIMSS vice president and MD of EMEA echoed the sentiment. 'WHX Tech aligns with the HIMSS mission to reform the global health ecosystem through information and technology. By connecting stakeholders across the spectrum, we're building a community where innovation improves care delivery and patient outcomes.' WHX calendar and key events The WHX transition and the scope of the changes — in event strategy, brand philosophy, partnerships, and structure — points to a foundational rethink. Rather than a single-event rebrand, WHX has evolved into a strategic ecosystem responding to real-world challenges and opportunities in healthcare. WHX's broader calendar now includes WHX Dubai, the flagship gathering evolving Arab Health's legacy with expanded programming and international reach; WHX Labs Dubai, formerly Medlab Middle East and now aligned under the WHX umbrella; and WHX Tech, the digital health and innovation platform for a rapidly evolving world. Together, these events represent a cohesive response to a healthcare industry in flux — bringing clarity, structure, and focus to a diverse global audience.

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