Amazon.com Inc. is in talks to acquire Dubai-based online retailer Souq.com FZ for about $1 billion in a deal that will give the e-commerce giant a footprint in the high-growth Middle East market, according to Bloomberg
Dubai-based business-tycoon Mohamed Alabbar formed a 130 million euro ($138 million) joint venture with Milan-based online retailer Yoox Net-a-Porter to profit from luxury spending in the Middle East, says Bloomberg.
Dubai’s property market is bottoming out as buyers return to the market and the emirate offers an alternative to investors worried about the U.K.’s Brexit vote
Dubai International Airport expects to become the world’s busiest within this decade, overtaking Beijing and Atlanta, spurred on by the expansion of Emirates airline, according to Bloomberg.
There are now a staggering 247 million people living outside their countries of birth and in four Arabian Gulf states – the UAE, Bahrain, Qatar and Kuwait – expats make up the majority of the population.
Imagine if the Orient Express sprouted wings and could take to the skies. Think of that timeless epitome of style and sophistication soaring through the clouds as well-heeled passengers sipped chilled beverages from crystal glasses as the miles fell away.
Dubai’s property market has been on something of a rollercoaster ride over the past few decades – and Linda Mahoney has been on board for the duration.
The UAE saw an ‘expat exodus’ over summer – at least that’s according to some shipping companies and news reports
Ben Flanagan says that moving house is one of the most stressful things you can ever do – and all the more so if you’re crossing continents, rather than just a country.
As the Gulf states tighten the purse strings following the crash in oil prices, the economic implications of having an expat-heavy society have come under the spotlight like never before.