Topic
middle-east-economy
3 stories related to this topic, newest first.
Semaforworld59 days ago
Gulf Luxury Hotels Offer Discounts to Locals as International Tourism Declines Post-February Conflict
Luxury hotels in the Gulf region are offering significant discounts and packages to attract local residents following a sharp decline in international tourism after a war began on February 28, 2026. Hotel occupancy rates have plummeted, with Dubai at 16% in the initial weeks, pro…
arlnow.comfinance60 days ago
Dubai Residential Sales Value Drops in March
The value of residential sales in Dubai fell by nearly a fifth in March compared to the previous month, according to a research firm. This marks the first decline following a post-pandemic boom. The drop was attributed to impacts from an Iran war, as reported by @FirstSquawk.
FI
Substrate placeholder — needs reviewfinance61 days ago
Dubai Secondary Residential Property Transactions Fell in March Amid Broader Market Factors
Secondary residential property transactions in Dubai declined in March, coinciding with the start of the Iran War. Richard Paul, head of Professional Services at Savills Middle East, described the drop as measured. Dubai's market has still outperformed most global real estate mar…