Dubai properties attract affluent buyers
The Gulf emirate continues to charm the global elite as HNWIs worldwide are projected to spend an astonishing $2.5bn on luxury properties in the city this year, says a survey.
More females steer toward luxury vehicles
Stable economy and business activity in the Middle East, including GCC, ensure continued strong demand for luxury cars, says Richard Leopold from Bentley.
Bentley’s Regional Director for the UK, Middle East, Africa, and India also anticipates further growth luxury car market throughout 2023 on the back of economic stability and increased business activity in the Middle East.
Recession fails to dent luxury car sector
Dr Manfred Bräunl from Porsche discusses the evolution of automotive industry, including luxury segment
Amid rapid tech growth and rising environmental concerns, understanding the current automotive industry trends, especially in luxury, is vital, says Dr Manfred Bräunl of Porsche.
Strong demand for UAE luxury real estate
By the end of 2022, the UAE was expected to attract more than 4,000 high-net-worth individuals. Around 25 percent of GCC’s millionaires are moving to the UAE.