Global Travel Spending to Hit $15 Trillion by 2040

Global spending on recreational travel is expected to reach $15 trillion by 2040, marking a significant increase. This substantial growth reflects ongoing globalization, rising living standards in developing nations, and a surging demand for new tourist destinations. Industry analysts attribute this expansion to the development of digital platforms, which have streamlined the trip planning and booking process for millions of travelers worldwide.

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2025-11-25T04:22:59+00:00

Dubai Police Warns of Fraudulent Investment Schemes

Dubai Police warns of companies offering unrealistic investment returns, urging the public to verify licenses before investing.

Economy Health Local

2025-11-25T04:13:00+00:00

Dubai discusses waste and transport strategy

The Dubai Supreme Council of Energy reviewed a waste reduction initiative and updated a strategy for zero-emission public transport by 2050.

Economy Politics Local

2025-11-25T01:35:16+00:00

Dubai Sees Explosive Growth in Office Sales Under Construction

A report by Engel & Volkers reveals a 463.7% surge in Q3 2025 Dubai office sales under construction. Key projects like Lumina and Tower AHS are driving growth, attracting investors with their focus on sustainability and digital infrastructure. The residential market also shows signs of maturity.

Economy Local

2025-11-25T01:34:56+00:00

UAE Banking Sector Reports Growth in September 2025

In September 2025, UAE banks provided AED 61.5 billion in credit. The total credit balance reached AED 2.4788 trillion, and the banking sector's total assets surpassed AED 5.2 trillion for the first time, according to the Central Bank.