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Emirates 24/7
6 hours ago
- Business
- Emirates 24/7
Dubai Business Events Drives Continued Growth with Bid Wins and Strong Global Participation in H1 2025
Dubai Business Events (DBE), the city's official convention bureau, has continued to accelerate the growth of Dubai's business events ecosystem and support the city's tourism growth in line with the Dubai Economic Agenda, D33, securing 249 successful bids in the first six months of 2025 to host events through 2025 till 2029, including major congresses and high-profile incentive programmes. This achievement marks a 29% increase in bid submissions compared to the same period last year, with a total of 391 bids submitted year-to-date and a conversion rate of 64%, up from 58% in H1 2024. These confirmed wins are expected to bring 127,087 delegates, a 35% year-on-year increase in delegate numbers, further enhancing Dubai's global standing as a hub for international business events and the emirate's knowledge economy. This performance underlines the overwhelmingly strong response to Dubai's destination proposition and global MICE positioning. The successful bids will enable Dubai to host distinguished international conferences, congresses, and incentive meetings, with a pipeline extending into 2029. This growth reinforces the importance of business events to the Dubai Economic Agenda, D33, which is focused on doubling the size of the city's economy by 2033 and cementing its status among the world's top three cities to visit, live, and work in. Through strategic collaboration, DBE, part of the Dubai Department of Economy and Tourism, worked closely with stakeholders, partners, and local associations, including the Al Safeer Congress Ambassadors, a network of UAE-based key opinion leaders, industry professionals, and government representatives working to bring international business events within their sectors to Dubai and secure high-profile events. The Al Safeer Ambassador Programme, in partnership with the Dubai Association Centre, plays a vital role in strengthening the city's global reputation as a premier destination for meetings, incentives, and conferences, contributing significantly to bid development and success. Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE), said: 'Guided by the country's wise leadership, Dubai's achievement during the first half of 2025 is a testament to the city's commitment to excellence, innovation, and collaboration in business events. In collaboration with our stakeholders and partners, we continue to drive the D33 vision and make Dubai a knowledge and business global hub. The diversity and extent of events booked this year confirm Dubai's infrastructure of international standards, accessibility, and market insight. In future years, we remain committed to delivering exceptional value to event organisers and delegates, and to establishing Dubai's leadership position on the international stage.' DBE's active engagement in the international market contributed to its strong performance, with teams conducting five sales missions across Asia (China, Japan and South Korea, India) as well as Europe (France and Belgium) and North America, engaging over 50 stakeholders and partners as well as representing Dubai in key strategic industry trade shows such as IMEX Frankfurt during H1 2025. These persistent activities have kept Dubai at the top of the minds of global event organisers and garnered the interests of decision-makers and delegates worldwide across core sectors. Dubai's global stature as a preferred business events destination was further underlined by new accolades in 2025. The International Congress and Convention Association (ICCA) ranked Dubai number one globally for highest attendee number per association meeting and the city retained its number one spot in the Middle East and Africa for total number of association meetings hosted. Meanwhile, Cvent confirmed Dubai's leading position among the Top 25 Meeting Destinations in the region. These recognitions affirm the city's ability to successfully and seamlessly accommodate the needs of international organisers across all event types. Dubai's growing appeal is also reflected in its success across corporate, incentive, and association segments. Notable wins during the first half of the year include the 2029 edition of Sibos, which is expected to attract 12,000 delegates, the 2027 1st Conjoint Meeting of the Cervical Spine Research Society - Asia Pacific and Europe with 800 delegates, and the 2026 edition of the World Congress on Ultrasound in Obstetrics and Gynaecology (ISUOG), which will bring 2,000 delegates. Other association events include the 2026 Council on Tall Buildings and Urban Habitat International Conference with 1,500 delegates and the 2026 International Symposium on Electronic Art (ISEA) with 1,000 delegates. In the corporate and incentive space, Dubai secured the 2026 Africa Energy Forum with 2,000 delegates, the Herbalife Multiple Market Incentive with 2,400 delegates, and the Planisware Incentive with 1,300 delegates. Returning events include Token2049 in 2026 with 15,000 delegates. Google will also call Dubai its home for two of its flagship conferences in 2026 and 2028, with 4,000 delegates each year. These achievements were further supported by DBE's Al Safeer Programme, which contributed to 51 ambassador-led bids during the period, winning 32 to date. Through year-round engagement and close collaboration with hotels, venues, Professional Congress Organisers (PCOs), Destination Management Companies (DMCs), and other service providers, DBE continues to attract prestigious business events to Dubai. The bureau also hosted study missions and participated in international events such as IMEX Frankfurt, providing meeting planners and industry stakeholders the opportunity to experience Dubai's dynamic business events infrastructure first-hand. Through the rest of the year, DBE will continue to participate in key strategic trade shows and events including Epex, IMEX Las Vegas, IBTM Barcelona, the ICCA Middle East Summit in Bahrain and ICCA global congress in Porto, joined by partners and stakeholders to grow collaborative efforts and drive Dubai's business events positioning further.
Globe and Mail
19 hours ago
- Business
- Globe and Mail
AI Ecosystem Analysis 2025-2032: Recent Developments, Projections, Technologies, Strategic Insights and Opportunities
A dynamic platform that monitors and evaluates various markets within the artificial intelligence (AI) landscape, delivering actionable insights for stakeholders. MarketsandMarkets introduces the AI Ecosystem, a dynamic intelligence platform designed to identify AI market opportunities and deliver actionable insights to decision-makers across industries. The global AI market is projected to surge from USD 371.71 billion in 2025 to USD 2,407.02 billion by 2032, growing at a CAGR of 30.6%. This explosive growth is driven by accelerating adoption across sectors, breakthrough innovations, and AI's expanding role in enterprise strategy. Explore the AI Market Now @ Comprehensive AI Ecosystem Coverage The platform maps the AI landscape through a multi-dimensional lens: Layers: Data, Platforms, Infrastructure, End-User Applications Capability: Data Services, Analytics Tools, AI Services, IT Hardware, Function & Industry Specific Solutions Solution: Data Labeling & Annotation, Business Intelligence (BI), Predictive Analytics, Data Visualization, ML Platforms, NLP, Computer Vision, AI Chips, AutoML, No-Code Tools, BFSI, Manufacturing, Media & Entertainment, etc. Use Cases: Automated Data Labeling, Data Lakes, Web and Social Media Analytics, Chatbots and Virtual Assistants, Application Programming Interface (API), Fraud Detection & Prevention, Personalized Financial Recommendations, and others Global Reach The ecosystem tracks AI developments across key geographies: North America: U.S., Canada Europe: U.K., Germany, France, Italy, Spain, Rest of Europe Asia Pacific: China, India, Japan, South Korea, ANZ, Rest of APAC Middle East & Africa: Saudi Arabia, UAE, Turkey, South Africa, and Rest of MEA Latin America: Brazil, Mexico, Argentina, and the Rest of Latin America Built for Stakeholders. Powered by Intelligence The AI Ecosystem is engineered for strategic impact offering intelligent visualizations, tailored navigation, and deep analytics for: Executives: Real-time dashboards and growth insights Sales Teams: Market segmentation and opportunity prioritization Analysts: Granular data on 35+ AI markets and 20+ key vendors With coverage across 28+ countries and continuous tracking of emerging opportunities, the platform turns complex data into clear, forward-looking strategies. Key Features and Benefits Strategic Planning Tools: Identify key players, innovation clusters, and future-ready markets Role-Based Personalization: Customized views for executives, marketers, developers, and analysts Market Intelligence: Evaluate ROI, risk, and investment readiness with confidence Smart Visualizations: Auto-generated charts aligned with applied filters Core Capabilities Market sizing and forecasts across 35+ AI domains Vendor share and presence mapping for 20+ key players Competitive benchmarking based on innovation and strategy Use case-level insights across major verticals Country-wise AI adoption benchmarks across 28+ nations Stay ahead. Stay informed. Shape the future of AI with MarketsandMarkets AI Ecosystem Media Contact Company Name: MarketsandMarkets™ Research Private Ltd. Contact Person: Mr. Rohan Salgarkar Email: Send Email Phone: 18886006441 Address: 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445 City: Florida State: Florida Country: United States Website:
Emirates 24/7
2 days ago
- Business
- Emirates 24/7
Dubai real estate transactions exceed AED431 billion in H1 2025
Dubai's real estate sector recorded an exceptional performance in H1 2025, further reinforcing the emirate's position as a leading global hub in this vital sector. According to data issued by the Dubai Land Department, the number of real estate transactions reached 125,538, up from 99,947 during the same period in 2024, an increase of 26%. The total value of these transactions reached approximately AED431 billion, compared to AED345 billion last year — a 25% rise — highlighting the strong growth momentum in the market. The total number of real estate procedures, encompassing sales, leases, and other transaction types, exceeded 1.3 million during the same period, reflecting growing confidence among investors and stakeholders, along with sustained demand across Dubai's diverse real estate segments. Surge in investment Dubai's real estate investment market delivered outstanding results in the first half of the year, attracting 94,717 investors — a 26% increase — who completed 118,132 investments valued at approximately AED326 billion. This represents a 39% rise from AED234 billion during the same period last year, highlighting Dubai's sustained appeal to investors across diverse segments and nationalities. The number of new investors in Dubai's real estate market reached 59,075, with investments totalling AED157 billion, a 22% increase in the number of investors and a 40% growth in investment value. Notably, residents in the UAE accounted for 45% of these new investors, highlighting the success of strategies aimed at converting tenants into homeowners. This also underscores the attractiveness of the local market for long-term stability, the resilience of Dubai's property ownership ecosystem and the effectiveness of its incentive-driven initiatives. Women's investments surpass AED73 billion Women played a pivotal role in driving market activity, investing AED73.2 billion during this period with 34,792 transactions made by 30,487 female investors. This highlights the growing influence of women in shaping Dubai's real estate landscape and advancing economic diversity. By nationality, GCC investors contributed AED22.56 billion in investments, Arab investors AED28.4 billion, and foreign investors AED228.35 billion. These figures underscore Dubai's strong position as a global real estate investment hub and its continued ability to attract capital from around the world, supported by an advanced regulatory environment, world-class infrastructure, and initiatives centred on growth and sustainability. This exceptional performance also highlights the strength and resilience of Dubai's real estate sector and its capacity to sustain growth under varying conditions. These results have been driven by the visionary leadership's forward-looking initiatives aimed at accelerating national economic progress, bolstering investor confidence, and achieving the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. Strong performance across Dubai Several areas in Dubai recorded remarkable performance in terms of the number of real estate transactions in the first half of 2025. Al Barsha South Fourth topped the list with 10,469 transactions, followed by Al Yalayis 1 with 7,595 transactions, and Wadi Al Safa 5 with 7,178 transactions. Other high-performing areas included Business Bay (6,601), Dubai Marina (6,428), Airport City (5,569), Jebel Ali First (4,275), Al Thanyah Fifth (3,956), Burj Khalifa (3,670), and Meaisem First (3,643). This diverse activity highlights the depth and dynamism of Dubai's real estate landscape. In terms of transaction value, Dubai Marina led the market with AED25.1 billion, followed by Business Bay at AED22.5 billion, Burj Khalifa at AED17.1 billion, and Palm Jumeirah at AED16.96 billion, underscoring the concentration of luxury investments in these prime locations. Other high-value areas included Al Yalayis 1 (AED15.7 billion), Meaisem Second (AED15.4 billion), Wadi Al Safa 5 (AED15.3 billion), Airport City (AED15.2 billion), and Al Barsha South Fourth (AED14.9 billion). Mohammed Bin Rashid Gardens also stood out, registering AED14.5 billion in transaction value, reflecting the expanding landscape of investment-attractive areas and rising demand for diverse real estate developments. The Dubai Land Department remains committed to fostering a transparent and efficient real estate ecosystem by enhancing digital services, boosting market competitiveness, and aligning legislation with incentive-driven initiatives. DLD reaffirms its ongoing efforts to implement the goals of the Dubai Real Estate Strategy 2033, in alignment with the objectives of the Dubai Economic Agenda D33, which aims to position Dubai among the world's top three economic cities and ensure the sustainability of the real estate sector as a key pillar of the emirate's economic diversification.
Zawya
2 days ago
- Business
- Zawya
Dubai real estate transactions exceed $117bln in H1 2025
DUBAI: Dubai's real estate sector recorded an exceptional performance in H1 2025, further reinforcing the emirate's position as a leading global hub in this vital sector. According to data issued by the Dubai Land Department, the number of real estate transactions reached 125,538, up from 99,947 during the same period in 2024, an increase of 26%. The total value of these transactions reached approximately AED431 billion, compared to AED345 billion last year, a 25% rise, highlighting the strong growth momentum in the market. The total number of real estate procedures, encompassing sales, leases, and other transaction types, exceeded 1.3 million during the same period, reflecting growing confidence among investors and stakeholders, along with sustained demand across Dubai's diverse real estate segments. Dubai's real estate investment market delivered outstanding results in the first half of the year, attracting 94,717 investors, a 26% increase, who completed 118,132 investments valued at approximately AED326 billion. This represents a 39% rise from AED234 billion during the same period last year, highlighting Dubai's sustained appeal to investors across diverse segments and nationalities. The number of new investors in Dubai's real estate market reached 59,075, with investments totalling AED157 billion, a 22% increase in the number of investors and a 40% growth in investment value. Notably, residents in the UAE accounted for 45% of these new investors, highlighting the success of strategies aimed at converting tenants into homeowners. This also underscores the attractiveness of the local market for long-term stability, the resilience of Dubai's property ownership ecosystem and the effectiveness of its incentive-driven initiatives. Women played a pivotal role in driving market activity, investing AED73.2 billion during this period with 34,792 transactions made by 30,487 female investors. This highlights the growing influence of women in shaping Dubai's real estate landscape and advancing economic diversity. By nationality, GCC investors contributed AED22.56 billion in investments, Arab investors AED28.4 billion, and foreign investors AED228.35 billion. These figures underscore Dubai's strong position as a global real estate investment hub and its continued ability to attract capital from around the world, supported by an advanced regulatory environment, world-class infrastructure, and initiatives centred on growth and sustainability. This exceptional performance also highlights the strength and resilience of Dubai's real estate sector and its capacity to sustain growth under varying conditions. These results have been driven by the visionary leadership's forward-looking initiatives aimed at accelerating national economic progress, bolstering investor confidence, and achieving the objectives of the Dubai Economic Agenda D33 and the Dubai Real Estate Strategy 2033. Several areas in Dubai recorded remarkable performance in terms of the number of real estate transactions in the first half of 2025. Al Barsha South Fourth topped the list with 10,469 transactions, followed by Al Yalayis 1 with 7,595 transactions, and Wadi Al Safa 5 with 7,178 transactions. Other high-performing areas included Business Bay (6,601), Dubai Marina (6,428), Airport City (5,569), Jebel Ali First (4,275), Al Thanyah Fifth (3,956), Burj Khalifa (3,670), and Meaisem First (3,643). This diverse activity highlights the depth and dynamism of Dubai's real estate landscape. In terms of transaction value, Dubai Marina led the market with AED25.1 billion, followed by Business Bay at AED22.5 billion, Burj Khalifa at AED17.1 billion, and Palm Jumeirah at AED16.96 billion, underscoring the concentration of luxury investments in these prime locations. Other high-value areas included Al Yalayis 1 (AED15.7 billion), Meaisem Second (AED15.4 billion), Wadi Al Safa 5 (AED15.3 billion), Airport City (AED15.2 billion), and Al Barsha South Fourth (AED14.9 billion). Mohammed Bin Rashid Gardens also stood out, registering AED14.5 billion in transaction value, reflecting the expanding landscape of investment-attractive areas and rising demand for diverse real estate developments. The Dubai Land Department remains committed to fostering a transparent and efficient real estate ecosystem by enhancing digital services, boosting market competitiveness, and aligning legislation with incentive-driven initiatives. DLD reaffirms its ongoing efforts to implement the goals of the Dubai Real Estate Strategy 2033, in alignment with the objectives of the Dubai Economic Agenda D33, which aims to position Dubai among the world's top three economic cities and ensure the sustainability of the real estate sector as a key pillar of the emirate's economic diversification.
Khaleej Times
3 days ago
- Business
- Khaleej Times
Dubai: Al Barsha South Fourth leads in property transactions during first half of 2025
Dubai's real estate sector recorded transactions reaching up to approximately Dh431 billion during the first half of 2025, according to the Dubai Land Department. The performance this year was a 25 per cent rise from the same period last year, when transactions worth Dh345 billion were recorded. Meanwhile, the number of real estate transactions reached 125,538 this year, up from 99,947 during the same period in 2024, an increase of 26 per cent. The total number of real estate procedures, encompassing sales, leases, and other transaction types, exceeded 1.3 million during the same period, reflecting growing confidence among investors and stakeholders, along with sustained demand across Dubai's real estate segments. Surge in investment Dubai's real estate investment market delivered outstanding results in the first half of the year, attracting 94,717 investors — a 26 per cent increase — who completed 118,132 investments valued at approximately AED326 billion. This represents a 39 per cent rise from Dh234 billion during the same period last year, highlighting Dubai's appeal to investors across diverse segments and nationalities. The number of new investors in Dubai's real estate market reached 59,075, with investments totalling Dh157 billion, a 22 per cent increase in the number of investors and a 40 per cent growth in investment value. Notably, residents in the UAE accounted for 45 per cent of these new investors, highlighting the success of strategies aimed at converting tenants into homeowners. This also underscores the attractiveness of the local market for long-term stability, the resilience of Dubai's property ownership ecosystem and the effectiveness of its incentive-driven initiatives. Women's investments surpass Dh73 billion Women played a pivotal role in driving market activity, investing Dh73.2 billion during this period with 34,792 transactions made by 30,487 female investors. This highlights the growing influence of women in shaping Dubai's real estate landscape and advancing economic diversity. By nationality, GCC investors contributed Dh22.56 billion in investments, Arab investors Dh28.4 billion, and foreign investors Dh228.35 billion. Strong performance across Dubai Several areas in Dubai recorded remarkable performance in terms of the number of real estate transactions in the first half of 2025. Al Barsha South Fourth topped the list with 10,469 transactions, followed by Al Yalayis 1 with 7,595 transactions, and Wadi Al Safa 5 with 7,178 transactions. Other high-performing areas included Business Bay (6,601), Dubai Marina (6,428), Airport City (5,569), Jebel Ali First (4,275), Al Thanyah Fifth (3,956), Burj Khalifa (3,670), and Meaisem First (3,643). In terms of transaction value, Dubai Marina led the market with Dh25.1 billion, followed by Business Bay at Dh22.5 billion, Burj Khalifa at Dh17.1 billion, and Palm Jumeirah at Dh16.96 billion, underscoring the concentration of luxury investments in these prime locations. Other high-value areas included Al Yalayis 1 (Dh15.7 billion), Meaisem Second (Dh15.4 billion), Wadi Al Safa 5 (Dh15.3 billion), Airport City (Dh15.2 billion), and Al Barsha South Fourth (Dh14.9 billion). Mohammed Bin Rashid Gardens also stood out, registering Dh14.5 billion in transaction value, reflecting the expanding landscape of investment-attractive areas and rising demand for diverse real estate developments.
