Energy & Resources
In-depth analysis and breaking intelligence on energy & resources markets across the GCC.
Dubai''s Real Estate Paradox: Slowing Sales Amid Record Prices and Major Deals
Dubai's real estate market presents a complex picture in mid-2024. While sales volume and value have declined significantly year-on-year, average prices and rents continue to soar at over 20% annual growth. Simultaneously, major developers like Aldar and Emaar are executing billion-dollar land acquisitions and launching new premium projects. This analysis explores the underlying forces—including interest rate hikes, currency pegs, and divergent investor vs. end-user demand—that are creating this paradoxical market phase. We examine whether this signals a healthy normalization or the precursor to a sharper correction, featuring insights from leading market analysts.
GCC Gas Processing Capacity 2024: Industrial Feedstock Security Shapes New Investment
Gas processing and downstream capacity planning are regaining attention as Gulf producers balance export strategy with domestic industrial demand.
