Latest news with #Expo2020
Sharjah 24
a day ago
- Politics
- Sharjah 24
Abdullah Belhaif Al Nuaimi: UAE community built on sustainability
The event marked part of the national celebrations for the Year of Community 2025, declared by UAE President His Highness Sheikh Attendees and participation The lecture was attended by executive leaders from the Authority, including Her Excellency Moza Suhail Al Muhairi, and members of the Sharjah Consultative Council. A large number of employees from the Authority also participated. Three phases of the UAE's development journey Dr Al Nuaimi outlined the UAE's community development path in three main phases: 1 . Founding and construction (1970s–2000) This phase laid the groundwork for a unified, knowledge-based society, with major investments in education and healthcare. From 30 hospitals in 1975, the country now boasts over 5,000 health facilities. Similarly, schools expanded from 47 to more than 5,000 institutions. 2 . Empowerment and development (2000–2020) The UAE transitioned into a dynamic phase marked by projects like the Dubai Metro, Burj Khalifa, and Expo 2020. Community initiatives flourished, and smart technologies like telemedicine and e-learning took root. The UAE Genome Project and sustainability programs laid the groundwork for national resilience. 3 . Integrated sustainability (2020–2050) The current phase aims to deepen comprehensive sustainability across sectors. It focuses on clean energy, food and water security, and climate neutrality. Dr Al Nuaimi praised initiatives such as the Barakah Nuclear Energy Plant, which represents a major milestone in achieving energy diversification. Community motivation as a pillar of development Dr Al Nuaimi emphasised that community motivation—fueled by leadership and public engagement—is vital to sustainable development. He stated: "We are not just building projects; we are building a mindset and a culture based on contribution, belonging, and national pride." Poetic reflections and cultural dimension Adding a literary touch, Dr. Al Nuaimi recited patriotic poems that celebrated national values, the spirit of giving, and loyalty to the homeland—infusing the lecture with emotional and cultural depth. Exhibition honouring Sheikh Zayed's legacy On the sidelines, the Authority and the National Archives organized a documentary exhibition showcasing the efforts of the late Sheikh Zayed bin Sultan Al Nahyan in fostering national unity and sustainable development. Rare photographs highlighted defining moments from his journey of leadership and giving. Conclusion and appreciation The Authority concluded the event by thanking Dr Al Nuaimi for his inspiring and visionary lecture, which combined historical insight with forward-looking ideals. His message aligned powerfully with the spirit of the Year of Community 2025, highlighting a united path toward a more cohesive and sustainable future.
Time Business News
a day ago
- Business
- Time Business News
A Beginner's Guide to the Dubai Property Market
Dubai's skyline represents ambition, innovation, and economic growth. With the luxurious skyscrapers in Downtown Dubai and waterfront villas in Palm Jumeirah, the city has an extensive property landscape for both new and experienced investors. If you are new to property investment in UAE, it is important to understand the basics of the Dubai property market. This guide will simplify the essentials, educating you and providing you with foresight and strategic thinking. Dubai's real estate market is governed by the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA) to provide transparency, standardization in the transactions of property, and protection to the market for investors. Foreigners have the legal right to own a property within designated freehold zones such as Dubai Marina, Downtown Dubai and Business Bay. If you decide to purchase a property, it is essential to do your due diligence with the developer, and verify the title deed of the property. You will also need to understand the applicable service charges, or homeowners' association charges. An effective way to make the due diligence process quicker is to partner with a licensed property consultant Dubai who can present their local insights and legal context with transaction. There are two types of property ownership in Dubai, which are freehold and leasehold. A freehold property is where the owner has all rights to the property and the land the property is on, which is the most desirable ownership for many foreigners. Leasehold is where the owner has right to occupy, or rent the property for a duration of time (30 – 99 years, typically) but does not own the land. It is important to be aware of the differences in ownership types for an embracing relationship with long-term investment objectives Historically, Dubai's Property Market is influenced by cyclical events. The property market has halted and increased based on conditions such as global economic conditions, oil price, and through events that usually attract investors, such as the hosting of Expo 2020. Demand has also risen significantly during the last few years as many high net worth individuals relocated to Dubai in search of security, tax advantages, and lifestyle choices. Investors in Dubai must always be presented with both types of properties during their property purchase or investment journey. One the one side are properties that are off-plan, which is sold typically under cost and attractive payment plans. There are risks to both properties: off-plan are often a year plus with potential delays, while ready properties entail more upfront cost but provides immediate rental income with a other factors to not consider such the unknown on rent levels for all or a new lease will not providing the return or rental income desired. When choosing between the two, consider your risk tolerance, investment horizon, and cash flow needs. A trusted advisory firm like Prime Bullions Properties can help evaluate your options and present opportunities that match your investment criteria. Dubai is home to a diverse array of neighborhoods, each catering to different lifestyles and investment goals. Here are a few hotspots that consistently attract interest: Downtown Dubai : Known for the Burj Khalifa and Dubai Mall, it's a premium location with strong rental yields. : Known for the Burj Khalifa and Dubai Mall, it's a premium location with strong rental yields. Dubai Marina : A popular choice among expatriates, offering waterfront living with a vibrant social scene. : A popular choice among expatriates, offering waterfront living with a vibrant social scene. Business Bay : A growing commercial and residential district with high potential for appreciation. : A growing commercial and residential district with high potential for appreciation. Jumeirah Village Circle (JVC): More affordable, appealing to mid-range investors looking for long-term gains. Choosing among the best properties to invest in Dubai depends largely on your priorities—whether it's capital appreciation, rental yield, or lifestyle perks. But it's not all about investment value—the reality is that Dubai is also a global lifestyle destination. An unrivaled lifestyle filled with sunshine year-round, world-class infrastructure, and a cosmopolitan culture make Dubai desirable and appealing to many—professionals, entrepreneurs and families. That desirability informs a strong rental market, particularly in good locations with high-quality amenities. As an investor you can take advantage of long-term leases and short-term rentals, particularly in tourism-heavy areas. Understanding the demographics of your tenants and seasonal variation in demand will significantly inform your returns. Non-residents can obtain mortgages through local banks, usually requiring a down payment of 20-25% for expats. The interest rates will vary depending on the lender, type of property and the applicants' profile. Among the top value proposition for investors in Dubai is the relatively, beneficial tax environment. There is no property tax, no capital gains tax and no personal income tax for rental income. There are transaction-related costs eg. registration fees, agent commissions, etc to consider. Investing in the Dubai property market is an exciting opportunity that can pay dividends if you plan accordingly and make informed decisions throughout the process. What will you focus on – legality, financing, target areas, rental management – a comprehensive task, but there is much to gain. Whether you are a first-time investor or building a portfolio of properties around the world, collaborating with a reputable property consultant in Dubai will ensure you are using expert knowledge and framework-oriented advice for your investing journey. TIME BUSINESS NEWS
Time Business News
2 days ago
- Business
- Time Business News
Top Sectors & Tips for Success
Dubai, a global hub of trade, tourism, and innovation, continues to attract entrepreneurs and investors from around the world. With its strategic location, world-class infrastructure, business-friendly regulations, and tax advantages, Dubai offers an ideal environment for launching or acquiring a profitable business. The city's dynamic economy and diverse population create fertile ground for companies across a wide range of sectors. If you're considering starting or investing in a profitable business in Dubai, understanding the landscape, opportunities, and key industries is crucial to making the right move. Dubai has long been known for its openness to global commerce. With 100% foreign ownership now permitted in many sectors and no personal income tax, the city is consistently ranked among the best places to do business in the Middle East. Key reasons why Dubai is attractive for entrepreneurs include: Strategic geographic location connecting East and West connecting East and West Free zones offering tax incentives and full repatriation of profits offering tax incentives and full repatriation of profits Robust digital infrastructure supporting e-commerce and fintech supporting e-commerce and fintech Growing population with high disposable income and diverse tastes with high disposable income and diverse tastes Government support through initiatives like Dubai SME and Vision 2030 These factors make it possible to establish or invest in a profitable business in Dubai with scalable growth potential. Dubai's diversified economy presents numerous profitable opportunities for business owners. Here are some of the most lucrative sectors: The F&B industry is thriving in Dubai thanks to the city's status as a tourism hotspot and a multicultural society. Restaurants, cafes, food trucks, and cloud kitchens can be highly profitable, especially when offering niche cuisines or delivery-focused services. With high internet penetration and a tech-savvy population, e-commerce is booming in the UAE. Businesses that sell fashion, electronics, health products, or even local goods online can quickly scale with the right marketing and logistics support. Dubai's real estate market continues to grow, offering profits for businesses involved in property brokerage, vacation rentals, and facility management. Expo 2020 and new residency options have driven a surge in real estate activity. Dubai attracts millions of visitors annually. Companies offering travel packages, luxury experiences (like desert safaris and yacht rentals), and concierge services can earn substantial revenues in this tourism-friendly city. Spas, salons, fitness centers, and wellness brands are popular and profitable in Dubai's lifestyle-driven market. Niche offerings like organic products, cosmetic treatments, or personalized wellness coaching are also gaining traction. Language centers, tutoring services, and skill-based training programs cater to a large expatriate population. This sector benefits from a constant demand for quality education and professional development. If you're aiming to launch a profitable business in Dubai, consider the following steps: Conduct Market Research : Understand your target audience and analyze competitors. : Understand your target audience and analyze competitors. Choose the Right Location : Consider whether a mainland license or a free zone suits your business model. : Consider whether a mainland license or a free zone suits your business model. Comply with Legal Requirements : Work with a registered consultant or legal advisor to handle licensing and permits. : Work with a registered consultant or legal advisor to handle licensing and permits. Focus on Digital Marketing : A strong online presence can drive customer engagement and sales. : A strong online presence can drive customer engagement and sales. Leverage Local Networks: Connect with industry groups, chambers of commerce, and local events to build your brand and network. Dubai offers an ecosystem ripe with opportunities for anyone looking to establish or invest in a profitable business. From e-commerce and F&B to real estate and wellness, the possibilities are broad and promising. With proper planning, market insight, and adherence to legal frameworks, entrepreneurs can thrive in one of the world's most exciting and prosperous business environments. If you're looking to turn ambition into achievement, there has never been a better time to pursue a profitable business in Dubai. TIME BUSINESS NEWS
Mid East Info
23-05-2025
- Business
- Mid East Info
From Expo 2020 Dubai to Expo 2025 Osaka, Dubai's legacy continues - Middle East Business News and Information
Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation and CEO of Expo City Dubai Authority, headed a delegation from Expo City Dubai on a visit to Expo 2025 Osaka aimed at building on the success of the initiatives and programmes launched at the World Expo in Dubai. The two-day trip included a visit to the UAE Pavilion, where Her Excellency met volunteers and the pavilion team, as well as meetings with representatives of the Bureau International des Expositions (BIE) – the World Expo governing body. Under the theme 'Earth to Ether', the UAE Pavilion offers an immersive multisensory journey that showcases the UAE's leadership in space exploration, sustainable innovation and human-centered healthcare. It has proved popular among visitors, welcoming more than 250,000 visitors in the first two weeks of the Expo alone. Her Excellency Reem Al Hashimy said: 'As the UAE Pavilion at Expo 2025 Osaka invites visitors on a journey from 'Earth to Ether,' it echoes the spirit of Expo 2020 Dubai, celebrating our nation's incredible transformation and highlighting our bold vision for collective progress. It was an honour to meet the pavilion team, volunteers and visitors, and I congratulate everyone involved in this grand spectacle of hope and ingenuity.' Her Excellency also gave a keynote address at the inauguration of the Expo 2025's Women's Pavilion – an inspiring opening ceremony that drew from, and built upon, the legacy of the Women's Pavilion at Expo 2020. The Osaka Women's Pavilion in collaboration with Cartier honours the past – retaining the manifesto of 'when women thrive, humanity thrives' from Expo 2020 and repurposing the façade from the Japan Pavilion in Dubai – and delves into the critical intersections of planet, business and technology, education, and policy, as well as arts and culture. The physical and thematic connection between the two World Expos is unprecedented, underscoring the global imperative to work together for a better and more equal future Her Excellency Reem Al Hashimy said: 'At Expo 2020 Dubai, the creation of the Women's Pavilion was a defining moment – a statement of intent, declaring that women's contributions are a vital force shaping humanity's path forward and a platform for all to be a part of that journey. Here in Japan, we see a bold evolution of what began in Dubai, embodying both continuity and innovation. The Women's Pavilion in Osaka continues the purposeful collaboration to ensure the legacy of Expo 2020 lives on, and that new global commitments and coalitions will endure well into the future.' Expo 2020 Dubai was the first World Expo since the 1900s to have a standalone pavilion dedicated to women and the integral role they play in society. Reflecting the weight placed on gender equality and women's empowerment, its legacy city, Expo City Dubai, retained the Women's Pavilion, which continues to serve as a hub for dialogue, innovation and collaboration. [Image 1:] Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation and CEO of Expo City Dubai Authority and His Excellency Shihab AlFaheem, Ambassador Extraordinary and Plenipotentiary of the United Arab Emirates to Japan and Commissioner General of the UAE Pavilion at Expo 2025 Osaka with UAE Pavilion staff and the Expo City Dubai delegation. [Image 2:] Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation and CEO of Expo City Dubai Authority gives a keynote address at the inauguration of the Women's Pavilion at Expo 2025 Osaka.
Khaleej Times
20-05-2025
- Entertainment
- Khaleej Times
Dubai: Free entry to Expo 2020 Museum, Garden in the Sky announced
In celebration of International Museum Day, Expo City Dubai has announced free entry to the Expo 2020 Museum and Garden in the Sky, on May 17 and 18. Adding a special touch for Expo lovers young and old, Rashid and Latifa —Expo 2020 Dubai's most beloved mascots — return to greet visitors, rekindling memories of smiles, selfies, and shared global experiences that defined the event's magical atmosphere from 2pm to 6pm on both days. For the weekend, another signature attraction, Garden in the Sky, will also be open for free. This visitor favourite promises a breathtaking panoramic view of Expo City Dubai and beyond from a 55-metre rotating observation platform. Marjan Faraidooni, Chief Education and Culture at Expo City Dubai, said, "Museums are not just places that preserve history; they are dynamic cultural centres that reflect who we are, where we have been, and where we are headed. As our world evolves, so too must the stories we tell. This International Museum Day we are opening the doors to public to honour museums as living institutions that inspire reflection, dialogue, and meaningful connection in an ever-changing world.' To also mark the occasion of Alif, Terra, and Vision becoming institutional members of the International Council of Museums, Expo City is celebrating with a special weekend entry attraction pass. For just Dh25, visitors can also spend the day exploring Terra, Alif and Vision, offering a full-circle rediscovery of the spirit and future of Expo City Dubai. Tickets will be available online from Wednesday, May 14 and at Expo City Dubai box offices during the weekend of May 17-18.
