Arabian networking group

April 29, 2025

Video: Arabian Travel Market 2025 Dubai kicks off

The 32nd Arabian Travel Market (ATM) kicked off on April 28 at Dubai World Trade Centre, expecting over 55,000 visitors and featuring 2,800+ exhibitors from 166 countries. International exhibitors make up 67% of the total, with the Middle East contributing 33%. This year’s theme focuses on boosting future tourism through stronger global and regional connectivity.

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Dubai rent hikes: More tenants face second year of double-digit increases

Rents in Dubai may be cooling in some areas, but many residents aren’t seeing the relief. A large number now face tough choices as landlords impose new rent hikes—often in double digits. What makes it harder is that these tenants had already absorbed similarly steep increases during last year’s lease renewal. Source: Gulf News

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UAE’s biggest bank FAB scores high in Q1-2025 profit, makes more gains from overseas ops

First Abu Dhabi Bank (FAB), the largest bank in the UAE, recorded a 23% year-on-year rise in net profit for Q1 2025, reaching Dh5.13 billion. Operating income climbed 11% to Dh8.81 billion during the same period. The bank also saw strong contributions from its global operations, which now make up 30% of its total assets

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