Browsing: Dubai

A total of Dh1.8 billion was spent on humanitarian projects by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) in 2023, including an aid of Dh50 million to Palestinians in Gaza. The projects positively impacted the lives of 111 million people in 105 countries worldwide.

Russians are scaling back their property investments in Dubai due to a rise in local prices and a tighter US sanctions compliance policy in the emirate, Bloomberg reported on Thursday.