The International Monetary Fund (IMF) has revised its growth forecast for the United Arab Emirates (UAE) for 2025, increasing it by 0.9% to a projected 5.1%. This adjustment is attributed to robust growth in non-oil sectors and stable crude oil prices, as detailed in the October edition of the World Economic Outlook (WEO) released by the IMF. In its previous report in April, the IMF had estimated the...
Dubai is grappling with a significant shortage of villas and townhouses, primarily driven by an influx of high-net-worth individuals in the post-pandemic landscape. With many expatriates now opting for long-term residency, the demand for spacious family accommodations has surged, creating a competitive market environment. Growing Demand for Villas and Townhouses Industry experts note that...
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