For the first time since the global financial crisis, luxury shoppers are showing a little more caution. According to Visa’s latest Global Economic Insight report released today, fewer consumers made luxury purchases across major global cities in the first half of 2025, marking a decline after several years of steady growth. In London, Paris, New York and Singapore, the share of cardholders buying high-end goods fell compared with last year, as economic uncertainty, trade tensions and currency swings weighed on confidence. Dubai stood out from the trend. Its appetite

The Dubai Sports Sector Strategic Plan 2033, recently launched by His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council, has placed significant emphasis on developing public and private sports clubs, making them more efficient and sustainable, as a key pillar of the next phase of work. The new plan, overseen by the Dubai Sports Council, will aim to increase sports clubs’ revenue from commercial activities to 50 per cent by 2033, compared to the current 15 per cent. This move is meant to

Dubai Business Events (DBE), the city’s official convention bureau and part of the Dubai Department of Economy and Tourism, has concluded its successful participation at IBTM World 2025 in Barcelona, further reinforcing Dubai’s position as one of the world’s most dynamic business events destinations. The city’s presence highlighted its strong global rankings, expanding pipeline and alignment with the Dubai Economic Agenda, D33. DBE participated alongside a delegation of 32 industry partners, representing hotels, venues, DMCs, planners and major entities including Emirates, Expo City Dubai, Coca Cola Arena and Dubai World Trade

Gulf carriers lock in their future fleets with blockbuster orders Source link

Brand Dubai, the creative arm of the Government of Dubai Media Office, in collaboration with the Events Security Committee in Dubai, has announced the organisation of the ‘Al Etihad Parade’ on 2 December to mark the 54th Eid Al Etihad. The event is being organised as part of the ‘National Month’ campaign launched by His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler of Dubai and Chairman of the Dubai Media Council. The initiative reflects Brand Dubai’s commitment to fostering community participation and celebrating the Spirit of the