H.E. Ahmed Al Ketbi tours UAE developers showcasing Ras Al Khaimah, Dubai, and more at Global Property Expo
The UAE outperforms global markets in attracting foreign direct investment (FDI), particularly in the real estate sector. In 2023, the UAE ranked first in the Middle East and North Africa and 16th globally for FDI inflows, with a record USD 23 billion in foreign investments, according to the UNCTAD World Investment Report 2024. Dubai alone attracted AED 39.1 billion (USD 10.6 billion) in FDI during the first half of 2023, across over 600 projects, making it the top city in the world for greenfield FDI for the second consecutive year (Dubai FDI Monitor, 2024).
Speakers at a key conference session, 'The Modern Oasis – Residential Investment in the Middle East', featuring Khaled Assaf (Marjan) and Dr Andrew B. Jones (Richmind), moderated by Louissa Thomas (Levella Global) reiterated that the region's integrated developments, forward-thinking urban planning, and investment incentives, are attracting international attention.
The speakers mentioned that the UAE's strong performance is bolstered by tax-free income, 100% foreign ownership in designated zones, long-term residence visas tied to property investment, and government-backed urban development initiatives. In comparison to mature Western markets, the UAE offers higher yields, faster capital appreciation, and a favourable regulatory environment — solidifying its position as a global investment leader.
UAE Pavilion Highlights:
DAMAC Properties
Established in 2002, DAMAC is one of the Middle East's leading luxury real estate developers with projects across the GCC, Middle East, Canada, Maldives, and the UK. Offerings at the Expo included multi-million square-foot residential communities, branded residences (e.g. Roberto Cavalli), and investment properties eligible for the UAE Golden Visa – such as SGD 400,000 one-bedroom apartments in Dubai with zero tax and freehold titles.
Emaar Properties
One of the world's most valuable real estate developers, Emaar presented landmark residential, retail and hospitality developments. With a net asset value of over USD 48 billion, the company is renowned for its design excellence, build quality, and lifestyle integration.
Marjan LLC
As Ras Al Khaimah's leading master developer, Marjan is setting the benchmark in large-scale, sustainable urban development. From Al Marjan Island – a luxury resort destination – to RAK Central, a smart and sustainable business hub, Marjan offers prime plots for hospitality, commercial, and residential investments. The upcoming Wynn Al Marjan Island Resort will be the Middle East's first integrated casino resort.
Richmind
Richmind unveiled its flagship project OYSTRA – an architectural icon designed by Zaha Hadid Architects. Located on Marjan Island and positioned steps away from the upcoming Wynn Casino, OYSTRA combines serene beachfront living with high-energy entertainment. With its 360° infinity pool, curated retail and wellness experiences, and limited inventory, OYSTRA offers exceptional lifestyle and investment potential. The project is drawing attention from global investors seeking high ROI and long-term capital appreciation.
Vakson Group
With more than 55 years of expertise in Dubai real estate, Vakson offers development, brokerage, leasing, facilities management and advisory services. The group supports a wide range of asset classes, from luxury residential, to staff housing, and industrial real estate.
The UAE Pavilion was a highlight at the Global Property Expo, offering investors access to some of the Middle East's most visionary developments.
About Global Property Expo | Singapore 2025
The Global Property Expo, hosted by JLL, is a premier international real estate event that took place between July 18-20, 2025, at the Sands Expo & Convention Centre, Singapore. This exclusive platform connects investors, developers, and industry leaders, featuring a curated exhibition of residential properties from Australia, Japan, the Middle East, the U.S., and Europe. Two conference tracks will explore sustainable investment, PropTech, and smart city innovations, alongside networking and wealth creation insights. As Asia Pacific investment in real estate surges, this event positions Singapore as a gateway to global residential real estate opportunities. Learn more at globalpropertyexpo.com.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
21 minutes ago
- Zawya
Stellantis publishes preliminary and unaudited key figures for first half 2025
Dubai, United Arab Emirates – Stellantis N.V. is publishing today certain preliminary and unaudited financial information for the First Half of 2025, in addition to its global quarterly consolidated shipment estimates and commentary on related trends. In the absence of financial guidance, which was suspended by the Company on April 30, 2025, financial analyst consensus forecasts currently constitute the primary metric for market expectations. The disclosure of the following preliminary financial data for the First Half 2025 is intended to address the difference between these analyst consensus forecasts and the Company's performance for the period. Preliminary financial information for the First Half 2025(2): The following factors had a significant impact on results in the first half of 2025: The early stage of actions being taken to improve performance and profitability, with new products expected to deliver larger benefits in the Second Half of 2025 Approximately €3.3 billion of pre-tax net charges, primarily related to program cancellation costs and platform impairments, net impact of the recent legislation eliminating the CAFE penalty rate, and restructuring, which are excluded from Adjusted Operating Income(3) consistent with the Company's definition of AOI Adverse impacts to AOI from higher industrial costs, geographic and other mix factors, and changes in foreign exchange rates The early effects of US tariffs – €0.3 billion of net tariffs incurred as well as loss of planned production related to implementation of the Company's response plan Financial results for the First Half 2025 will be released as scheduled on July 29, 2025 and a call will be hosted on that day by CEO Antonio Filosa and CFO Doug Ostermann. Global consolidated shipment volumes for the Second Quarter of 2025: Stellantis today also publishes its consolidated shipment estimates. The term 'shipments' describes the volume of vehicles delivered to dealers, distributors, or directly from the Company to retail and fleet customers, which drive revenue recognition. Consolidated shipments for the three months ending June 30, 2025, were an estimated 1.4 million units, representing a 6% decline y-o-y, reflecting North American tariff related production pauses early in the quarter, in addition to reduced, but adverse impacts of product transition in Enlarged Europe, where several important nameplates are either in the ramp-up phase after recent launches, or awaiting production launches scheduled for the second half of 2025. Refer to page 4 for an explanation of the items referenced on this page In North America, Q2 shipments declined approximately 109 thousand units compared to the same period in 2024, representing a 25% y-o-y decline, due to factors including the reduced manufacture and shipments of imported vehicles, most impacted by tariffs, and lower fleet channel sales. Total sales declined 10% y-o-y, with U.S. retail sales relatively flat, and with the region's two largest brands, Jeep® and Ram, collectively delivering 13% higher sales y-o-y. Enlarged Europe Q2 shipments declined approximately 50 thousand units, representing a 6% y-o-y decline, due primarily to product transition factors. The recently-launched 'Smart Car' platform B-segment vehicles continue to ramp up to their full production levels, and prior year comparisons are affected by the hiatus of Fiat 500 ICE pending the arrival of its mild-hybrid successor. Shipments of the four Smart Cars (Citroën C3 and C3 Aircross, Opel/Vauxhall Frontera and Fiat Grande Panda) increased 45% sequentially in the Q2 2025 period, or 25 thousand units, compared to the Q1 2025 period. Across Stellantis' other regions, shipments grew 71 thousand units in aggregate, representing a 22% increase y-o-y, mainly driven by a 30% increase in Middle East & Africa and a 20% increase in South America. In Middle East & Africa shipments were up 29 thousand units, mainly driven by increased volumes in Türkiye and positive developments in Egypt, Algeria and Morocco. Stellantis continues its leadership in South America, with a 43 thousand unit y-o-y increase benefiting from higher industry volumes, especially in Argentina and Brazil. Refer to page 4 for an explanation of the items referenced on this page Management Conference Call: Stellantis CFO Doug Ostermann will host a conference call to discuss the preliminary first half of 2025 financial figures, and answer analyst questions. Time: Monday, July 21, at 8:30 a.m. EDT / 2:30 p.m. CEST Dial-In: Available in the Investors section of the Company's website ( NOTES Consolidated shipments only include shipments by Company's consolidated subsidiaries, which represent new vehicles invoiced to third party (dealers/importers or final customers). Consolidated shipment volumes for Q2 2025 presented here are unaudited and may be adjusted. Final figures will be provided in our H1 2025 Results. Analysts should interpret these numbers with the understanding that they are preliminary and subject to change. Adjusted Operating Income/(Loss) excludes from Net profit/(loss) adjustments comprising restructuring and other termination costs, impairments, asset write-offs, disposals of investments and unusual operating income/(expense) that are considered rare or discrete events and are infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance, and also excludes Net financial expenses/(income) and Tax expense/(benefit). Unusual operating income/(expense) are impacts from strategic decisions, as well as events considered rare or discrete and infrequent in nature, as inclusion of such items is not considered to be indicative of the Company's ongoing operating performance. Unusual operating income/(expense) includes, but may not be limited to: impacts from strategic decisions to rationalize Stellantis' core operations; facility-related costs stemming from Stellantis' plans to match production capacity and cost structure to market demand, and convergence and integration costs directly related to significant acquisitions or mergers. Adjusted Operating Income/(Loss) Margin is calculated as Adjusted operating income/(loss) divided by Net revenues (4) Industrial Free Cash Flows is our key cash flow metric and is calculated as Cash flows from operating activities less: (i) cash flows from operating activities from discontinued operations; (ii) cash flows from operating activities related to financial services, net of eliminations; (iii) investments in property, plant and equipment and intangible assets for industrial activities, (iv) contributions of equity to joint ventures and minor acquisitions of consolidated subsidiaries and equity method and other investments; and adjusted for: (i) net intercompany payments between continuing operations and discontinued operations; (ii) proceeds from disposal of assets and (iii) contributions to defined benefit pension plans, net of tax. The timing of Industrial free cash flows may be affected by the timing of monetization of receivables, factoring and the payment of accounts payables, as well as changes in other components of working capital, which can vary from period to period due to, among other things, cash management initiatives and other factors, some of which may be outside of the Company's control. In addition Industrial free cash flows is one of the metrics used in the determination of the annual performance for eligible employees, including members of the Senior Management. About Stellantis Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world's leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today's customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit For more information, contact: CONTACTS stellantis@ Stellantis Forward-looking Statements This communication contains forward-looking statements. In particular, statements regarding future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, future financial and operating results, the anticipated closing date for the proposed transaction and other anticipated aspects of our operations or operating results are forward-looking statements. These statements may include terms such as 'may', 'will', 'expect', 'could', 'should', 'intend', 'estimate', 'anticipate', 'believe', 'remain', 'on track', 'design', 'target', 'objective', 'goal', 'forecast', 'projection', 'outlook', 'prospects', 'plan', or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on Stellantis' current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; Stellantis' ability to successfully manage the industry-wide transition from internal combustion engines to full electrification; Stellantis' ability to offer innovative, attractive products and to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; Stellantis' ability to produce or procure electric batteries with competitive performance, cost and at required volumes; Stellantis' ability to successfully launch new businesses and integrate acquisitions; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis' vehicles; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis' vehicles; changes in local economic and political conditions; changes in trade policy, the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency requirements and reduced greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; Stellantis' ability to attract and retain experienced management and employees; exposure to shortfalls in the funding of Stellantis' defined benefit pension plans; Stellantis' ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the operations of financial services companies; Stellantis' ability to access funding to execute its business plan; Stellantis' ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with Stellantis' relationships with employees, dealers and suppliers; Stellantis' ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; risks and other items described in Stellantis' Annual Report on Form 20-F for the year ended December 31, 2024 and Current Reports on Form 6-K and amendments thereto filed with the SEC; and other risks and uncertainties. Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis' financial results, is included in Stellantis' reports and filings with the U.S. Securities and Exchange Commission and AFM.
Hi Dubai
21 minutes ago
- Hi Dubai
Dubai Cares and PayRow Launch Partnership to Turn Daily Payments into Educational Support
Dubai Cares, a UAE-based global philanthropic organization, has entered a new partnership with PayRow, a Dubai-based fintech company, to support its mission of advancing education for children and youth around the world. The collaboration integrates giving into daily financial activity, as PayRow pledges to donate a portion of merchant service fees from eligible transactions to Dubai Cares. This initiative reflects a growing shift in how the private sector can embed social responsibility into business models. By turning routine payments into acts of giving, PayRow aims to make it easier for individuals and companies to contribute to global development goals without altering their spending behavior. His Excellency Dr. Tariq Al Gurg, Chief Executive Officer and Vice-Chairman of Dubai Cares, praised the initiative, saying: 'This partnership sets a new benchmark for how private sector innovation can help tackle global challenges. By turning everyday payments into an opportunity to give, PayRow is making it easier for businesses and individuals to contribute to positive change. We commend their leadership and commitment to using technology as a force for good, and we look forward to the impact this collaboration will generate for children and youth around the world.' Ghanim Eid Bin Wogayeh, CEO of PayRow, added: 'Our collaboration with Dubai Cares represents an important step in harnessing digital solutions to support charitable causes. By simplifying the donation process, we aim to encourage more individuals and businesses to contribute to initiatives that make a real difference.' Founded in 2019, PayRow specializes in streamlining payments for businesses, offering tools such as transaction control, invoicing, scheduling, and automation. With this partnership, the company further strengthens its commitment to making digital innovation a tool for societal benefit. News Source: Dubai Media Office
What's On
21 minutes ago
- What's On
Emirates Careers: Emirates Group to recruit more than 17,300 staff
Dubai-based powerhouse, Emirates Group has launched a huge talent drive to recruit over 17,300 professionals as they plan to expand. This recruitment will be for over 350 roles across the group, in all aspects of the business such as cabin crew, pilots, IT professionals, engineers, commercial and sales teams, ground handling, catering. 17,300 people is the same number as a mid-size town or 58 Airbus A350 planes, so there will be a lot of jobs up for grabs. Emirates will be holding more than 2,100 open days and talent events in 150 cities to recruit the best staff, including Dubai-based events to meet UAE national students and graduates. Emirates Group has onboarded more than 41,000 talented professionals since 2022, including nearly 27,000 in various operational roles, and today has a 121,000-strong workforce. However in the last financial year, the group received more than 3.7 million applications of people looking for careers at Emirates across all brands and departments. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates Airline & Group, said: 'The Emirates Group's people strategy is anchored in Dubai's Economic Agenda D33 and our own projected growth and expansion. We're seeking world-class talent to fuel our bold ambition, redefine the future of aviation, and continue our commitment and culture of innovation and excellence. This is an opportunity for skilled and talented professionals to play a stellar role in our future, our strategy, and our growth story.' There are many benefits that Emirates employees can get, such as medical, dental and they even recently received a 22-week bonus. Want to apply? Go to Image: Emirates Group > Sign up for FREE to get exclusive updates that you are interested in
