Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere.

A321LR features First Suite - a private, enclosed space with a sliding door.

Paris, France -- French group Hermes overtook LVMH as the world's most valuable luxury company on Tuesday after shares in the Louis Vuitton maker tumbled following weaker-than-expected quarterly sales. The market capitalization of Hermes reached 248.6 billion euros ($280.5 billion) at the close of trading in Paris, topping LVMH's 244.4...

With more than 300 luxury rooms, three dining concepts, and various facilities, the hotel will merge global luxury with Madinah’s cultural essence

Riyadh, Saudi Arabia - Saudi Arabia Railways (SAR) and the Italian Arsenale Group have officially inked an agreement to introduce the "Dream of the Desert" luxury train service in Saudi Arabia. The momentous deal was signed by Dr Bashar Al-Malik, CEO of SAR, and Paolo Barletta, CEO of the board...

Dubai, UAE - Dubai saw record-breaking sale prices throughout 2023, with super-luxury residences selling for up to US$4,000 (AED14,692) per square foot, marking consecutive year-over-year increases since 2020, according to the 2024 Sotheby’s International Realty (SIR) Luxury Outlook Report. For the past two or three years post-Covid lockdowns, high-net-worth buyers...

NEOM, SAUDI ARABIA - The Board of Directors of NEOM has announced Aquellum, a luxury and experiential space embedded within the mountains, and the latest addition to the ongoing regional development in the Kingdom. With its foundations steeped in cutting-edge technology, avant-garde architecture and forward-thinking concepts, Aquellum will offer guests...

Dubai's skyline epitomizes modern development, with its appeal bolstered by strong property management and developers capitalizing on increasing sales.

TURKU, FINLAND - With cruise bookings seeing a resurgence after the Covid pandemic caused luxury liners to mothball, a Finnish shipyard is putting the final touches on what will be the world's largest cruise ship. Royal Caribbean's luxurious new vessel Icon of the Seas is nearing completion in the Turku shipyard...

Sharjah, UAE - The upcoming fourth edition of the Jewels of Emirates Show, the UAE’s first of its kind showcasing diamond jewelry, gold, silver, and luxury watches, is set to become the largest in the event's history. Sharjah Expo Centre has organized the event scheduled to run from June 1-4,...

The performance was driven by strong sales, especially in Asia.

Jump in sales across all regions, including China.

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.

Fashion house posted huge earnings despite inflation.

At the moment, the market is solidly Dubai, which is recognised as the world leader in branded residential offerings with all eyes on the city’s upcoming openings. The slower approach of Abu Dhabi will be something to watch as it makes large-scale investments into the luxury sector, he adds.

The emirate saw a record-breaking rise in real estate sales in the first two weeks of 2023, with a total of AED13.22 billion transacted across 4,275 deals, data suggest.

Dubai, UAE---A total of 1,600 real estate transactions worth over AED4.8 billion ($1.3 billion) were conducted during the week ending 30 Nov 2022 in Dubai, according to figures released by the Dubai Land Department (DLD). The DLD said that the emirate saw the sale of 176 plots for AED998.19 million,...

The swift recovery from the effects of Covid-19 is expected to contribute to a rise in demand for luxury real estate units in the UAE by more than 30 percent next year, says a report.

As the world gears up for the FIFA World Cup 2022 in Qatar, the positive ripple effect is being felt in the business fraternity across the Gulf region, especially in the UAE.

Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by the Dubai Land Department. The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million. The sales included 444 villas and apartments worth AED1.01...

Key attractions in the UAE include economy, secure environment, rewarding salary packages, a wide range of job opportunities, and the wise leadership, says a survey.

Rosmah Mansor, who was sentenced to 10 years in prison and given a US$216 million fine for graft, has been widely mocked in the past over her reported taste for luxury.

The purchase is part of Dubai-based firm's expansion plan.

The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO) Jasmina Banda tells TRENDS.

Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs.

Marta Ortega on Friday took the reins of Zara-owner Inditex.

The world's leading luxury group more than recovered from the coronavirus pandemic as it earns a record €64.2 billion ($71.5bn) in 2021. The company's net profit hits €12 billion.

Boutique Group, a new hospitality brand that will manage and convert a collection of iconic historic and cultural palaces in Saudi Arabia into ultra-luxury boutique hotels, was launched by Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud. Saudi media reports said the company will revive the heritage and culture...

In the Middle East, Saudi Arabia, Egypt, and the UAE account for nearly 80 percent of the overall ecommerce market.

The Middle East now accounts for more than 12.6 percent of the world’s luxury yachts as the services match the most renowned marinas across the globe. Dubai's foreign commerce in marine-related items, for example, increased by 30 percent in the first half of 2021, adding that Dubai has 17 marinas...

Saudi Arabia will develop a new luxury mountain resort as the giga project inches closer to welcoming its first guest in 2022.

Many of us have joked about the quip ‘happy wife, happy life’, but truly there is no better balance than one of a happy home and a healthy professional environment. With today’s constant connectivity and its endless stream of notifications, it is no surprise that the office-in-our-pocket can cause us...

The art of power-dressing has long been a topic of discussion in high-society and the tabloids. For those of you who have watched James Bond across the decades, there are a few constant staples that never change; a timeless suit, a quality timepiece and a dinner jacket. How to be...

The truly stylish man knows the simple truth, quality is everything. Whether in the competitive corporate world or entertaining, he needs very little, as long as it's the best he can find. Men are very well catered for in today’s world of cutting-edge clothing and accessories. Gone are the days...

The fifth edition of arab luxury world, the Middle East’s leading conference on the business of luxury, has drawn to a successful close. This year, regional and global experts from the world of luxury converged at the JW Marriott Marquis Dubai, to discuss ‘The New Consumer, Consumption, and Change.' The...