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Dubai property market is underestimated, says emirate’s travel industry chief

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The ‘liveability’ of Dubai is a gigantic selling guide that requirements toward be utilized to support the recuperation of the property area, as indicated by Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DTCM)

“The deals of properties in Dubai has soar… a UBS study showed that one of the most underestimated markets on the planet right now for property is Dubai,” said Issam Kazim, CEO of Dubai Corporation for Tourism and Commerce Marketing (DTCM).

Talking at the twentieth version of the Cityscape Global culmination, Kazim added: “There is economical development and a ton of these experts position Dubai as where they can really see development for individuals and organizations also.”

In September, Dubai’s housing market enrolled the most noteworthy worth of deals for almost eight years, as per figures arranged by Mo’asher, the emirate’s true deals value record.

“This has been a record year for the quantity of property exchanges… .I suspect as much far 2021 has in addition to the fact that overtaking been 2020, which isn’t is actually to be expected, yet additionally 2019 and 2018 also,” he added.

The emirate recorded around 5,762 property deals exchanges worth over AED16.2 billion in September, the most since December 2013, as indicated by Mo’asher.

On the variables that are drawing in unfamiliar land ventures, Kazim said: “The liveability part of Dubai is turning into a lot more grounded… this is an enormous selling point and we’re utilizing it significantly more.”

“I figure post-pandemic, a many individuals will pick one objective to remain in for a more extended timeframe too,” he added.

As far as the travel industry and cordiality recuperation, Kazim shared: “Dubai has bounced back more grounded than previously… .we generally need to be superior to where we left things off from the prior year.”

Dubai’s friendliness area – like those all throughout the planet – was hit hard by Covid-19, yet the area is on the road to success to recuperation, with lodgings hitting 62% inhabitance in the principal half of 2021.

The UAE generally speaking outflanked other worldwide the travel industry objections in the principal half, including China (where lodgings arrived at 54% inhabitance), US (45%), Mexico (38%), the United Kingdom (37%), and Turkey (36%).

Supporting the travel industry area’s hearty recuperation, Kazim said: “individuals’ craving and the yearning to get back on a plane and go to another objective is obvious substantially more than ever…people understand that it’s one part of life that they may have underestimated.”

He likewise alluded to the crucial pretended by the private and public areas and the worth of their solid cooperation in speeding up the area’s recuperation.

Following a severe cross country lockdown last year, the DTCM CEO accepts that Dubai had “a first mover advantage” by being one of the principal objections to securely return, in which he said: “This was again setting our situation as the number four globally visited city on the planet, as we draw nearer to being in the best three.”

“25% of our guests that come to Dubai are rehash guests, so they’re in Dubai more than once inside a year time span… this shows that we have all that sightseers need,” he added.

With that, Kazim referred to the viability of a few UAE drives, for example, the Retirement Visa and the Golden Visa in drawing in outsiders, close by the movement of worldwide brands in attracting organizations and new companies.

“Migrating worldwide HQs, local HQs, and family workplaces to Dubai became one of the key things that we pushed for,” he said.

Locale 2020, Expo 2020 Dubai’s heritage project, has been assuming a critical part in understanding this responsibility, becoming home to the world’s driving modern, tech and coordinations goliaths, including Siemens, Terminus and DP World.

“At the point when you have huge players like that settling on determined choices to move, that communicates something specific out worldwide that Dubai is the perfect spot for them,” he added.

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Hijri New Year 2026: Dubai announces holiday for schools, universities and nurseries

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Students, teachers and employees across the UAE are set for a long weekend after authorities confirmed Monday, June 15, as a public holiday to mark the Hijri New Year.

In Dubai, the Knowledge and Human Development Authority (KHDA) announced that schools, universities and early childhood centres will be closed on June 15, with classes resuming on Tuesday, June 16.

Earlier, the UAE government confirmed the same date as an official holiday for both public and private sector employees, in line with the country’s approved 2026 holiday calendar.

For most residents, the holiday creates a three-day weekend. In Sharjah, where government employees and students follow a four-day workweek, the public holiday extends the break to four days.

The Islamic New Year marks the beginning of the Hijri calendar and falls on the first day of Muharram, the calendar’s opening month. The exact start of Muharram is determined through official moon-sighting procedures.

With the holiday falling on a Monday, many residents can look forward to an extended break before normal work and school schedules resume on June 16.

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New electric bus, more stops and free rides in Ras Al Khaimah for all

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Ras Al Khaimah residents and visitors can now ride the emirate’s first electric public bus following the launch of the upgraded Purple Route, which also offers free travel during its first month of operation.

Introduced by the Ras Al Khaimah Transport Authority (RAKTA), the revamped route officially entered service on June 3 and forms part of the emirate’s push towards smarter and more sustainable transport solutions.

The upgraded Purple Route now covers an additional 14 kilometres and connects key destinations between Al Nakheel and Manar Mall, including hospitals, government centres, educational institutions and residential communities.

A major highlight of the launch is the introduction of Ras Al Khaimah’s first electric bus, supporting RAKTA’s plans to expand environmentally friendly transportation and reduce emissions across the public transport network.

The service operates 12 daily trips under an enhanced schedule designed to improve reliability, reduce waiting times and make commuting easier for passengers.

The Purple Route is one of five public bus routes operating across the emirate. With the latest expansion, Ras Al Khaimah’s public transport network now spans 215 kilometres, supporting the authority’s goal of increasing urban transport coverage to 65 per cent by 2026.

Passengers can also use the Sayer app to plan journeys, check schedules and track buses in real time.

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UAE summer working hours announced: Midday outdoor work ban begins on June 15

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The UAE’s annual midday work ban will come into effect on June 15, with authorities once again restricting outdoor work during the hottest hours of the day to safeguard workers from extreme summer temperatures.

The regulation prohibits work under direct sunlight and in open-air locations between 12:30pm and 3pm daily, and will remain in force until September 15.

Now in its 22nd consecutive year, the initiative reflects the UAE’s ongoing commitment to workplace safety and employee wellbeing, particularly during the peak summer season when heat-related health risks increase significantly.

Under the rules, employers must provide suitable shaded rest areas for workers during break periods. Companies are also required to ensure access to drinking water, hydration supplies and cooling equipment such as fans to help protect workers from heat stress.

The Ministry of Human Resources and Emiratisation stated that limited exemptions will apply to certain activities where work cannot be postponed due to technical or operational requirements.

These include asphalt paving, concrete pouring and emergency maintenance work necessary to restore essential public services such as water, electricity and traffic systems. Projects requiring special government permits because of their impact on public infrastructure or movement may also be exempt.

Authorities warned that companies failing to comply with the regulations could face fines of Dh5,000 per worker found in violation, with total penalties reaching up to Dh50,000 for multiple offences.

The ministry highlighted the strong compliance levels achieved in previous years, noting that 99 per cent of companies adhered to the regulations during last year’s Heat Stress Protection campaign.

As part of broader efforts to support outdoor workers, more than 10,000 air-conditioned rest stations equipped with essential amenities were made available to delivery riders across the country.

Officials urged businesses to continue prioritising worker safety and strictly follow the summer regulations to help reduce heat-related illnesses and maintain a safe working environment throughout the season.

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