分类： business

In a landmark achievement for the regional healthcare sector, NADZ Healthcare has been honored with the coveted “Best Home Healthcare” award at the Health Magazine Annual Health Awards 2025. The prestigious recognition was presented by Sheikh Nahyan bin Mubarak Al Nahyan during a ceremony that celebrated excellence in medical services across the UAE.

The award specifically acknowledges NADZ Healthcare’s innovative fusion of clinical precision and concierge-style service delivery, establishing new benchmarks for in-home medical care catering to Dubai’s affluent and privacy-conscious residents. This patient-centric model was fundamentally shaped by the philosophical approach of its founder, Dr. Nadia Choudhry, who has led the organization for 15 years.

Judging panel representatives highlighted three distinctive strengths that positioned NADZ Healthcare above competitors:

1. **Advanced Mobile Medical Capabilities**: The organization maintains hospital-grade clinical standards through DHA-licensed medical teams equipped with sophisticated portable diagnostics technology. Their arsenal includes point-of-care blood testing equipment, mobile ECG and ultrasound devices, and remote patient monitoring systems, enabling accurate medical assessments in diverse environments including private residences, luxury hotels, and yachts.

2. **Discretion-Forward Service Model**: Catering specifically to high-net-worth individuals and privacy-sensitive clients, NADZ operates unbranded clinical vehicles and conducts low-profile visits to ensure complete confidentiality. Simultaneously, the provider offers premium wellness services in unconventional settings, including physiotherapy sessions aboard private yachts and comprehensive health evaluations on golf courses.

3. **Empathy-Driven Patient Care**: Beyond technical excellence, the organization has earned consistent praise for its human-centered approach to medicine. Dr. Choudhry’s philosophy of serving as both medical professional and attentive listener has permeated the entire clinical team, creating an environment where patients feel genuinely heard, safe, and comprehensively supported.

The award committee noted NADZ’s exceptional performance across multiple service domains, including emergency stabilization, post-operative care, preventive wellness programs, and VIP event medical coverage. This recognition reflects broader regional trends toward personalized, mobile healthcare solutions that prioritize patient experience, particularly among corporate clients, private families, and ultra-high-net-worth individuals.

Dr. Choudhry emphasized the organization’s commitment to patient choice, noting: “We architected NADZ to provide genuine alternatives in healthcare delivery. Whether clients require absolute anonymity or prefer to share their healthcare journey publicly, we deliver identical clinical excellence and respect to both preferences.”

With growing demand for premium home healthcare services, NADZ plans strategic expansion of its specialist teams, mobile diagnostic capabilities, and rapid-response coverage throughout Dubai and wider UAE regions.

A groundbreaking report titled ‘Discovery Series 2025: Women transforming financial services,’ jointly published by Heriot-Watt University and Grant Thornton, has shed light on the representation of women in senior leadership roles within the UAE’s financial services sector. The report, which serves as an evidence-based benchmark, highlights that women currently chair 15.8% of board positions across 73 listed financial companies in the UAE. This figure surpasses the UAE-wide average of 14.8% across all sectors, as per the 2025 GCC Board Gender Index, indicating that the financial sector is slightly ahead in advancing women’s representation at the board level.

The report underscores the critical contributions of women in key roles such as board directors, Chief Risk Officers (CROs), and Heads of Internal Audit (HIAs) across banks, investment firms, insurance companies, and fintech enterprises. These roles are pivotal in safeguarding the integrity of the financial sector and enabling sustainable growth, particularly as the UAE continues to diversify its economy and reduce its reliance on oil. In 2024, the UAE’s economy grew by 4% to Dh1.77 trillion, with the non-oil sector accounting for over three-quarters of the GDP. The financial industry alone contributed approximately 13.2% to the economy.

Despite these advancements, the report reveals significant gaps in gender representation. Eight of the 73 companies studied have no women on their boards, and only three out of 49 companies have a female CRO. Similarly, just six out of 60 companies have a female HIA, highlighting the need for proactive measures to enhance gender balance in leadership roles.

Hisham Farouk, CEO of Grant Thornton UAE, emphasized the importance of intentional progress in building a world-class, innovation-led economy. He noted that the Discovery Series serves as a benchmark to help industry, regulators, and boards track progress and actively close the leadership representation gap. Emma Smalls, UAE Head of Business Risk Private Bank at HSBC Middle East, echoed this sentiment, calling for continued focus on inclusive leadership to accelerate the journey toward diverse and resilient governance.

Professor Dame Heather McGregor, Provost and Vice-Principal of Heriot-Watt University Dubai, stated that the report aims to provide a clear, evidence-based picture of gender representation at senior levels in the UAE financial sector. She emphasized the financial industry’s responsibility to champion gender equity, given its progressive nature and significant role in the UAE’s economic transformation.

The 2025 Discovery Series, which can be accessed online, combines quantitative data and qualitative narratives to offer sector-specific insights into how women are shaping governance, risk, and reform from within. Through this initiative, Grant Thornton and Heriot-Watt University hope to inspire further action and accelerate the journey toward truly diverse and resilient governance in the UAE’s financial services sector.

The UAE Ministry of Finance (MoF) has unveiled a groundbreaking initiative allowing residents to pay federal government fees and fines in monthly instalments through the Tabby app. Announced on Tuesday, this move leverages the ‘Buy Now, Pay Later’ model, offering customers flexibility in managing their financial obligations. Under this arrangement, Tabby will settle the full amount with the relevant government entity upfront, while customers repay the sum in pre-agreed instalments. This service is optional, with the associated commission borne solely by the user. The partnership with Tabby aligns with the MoF’s broader strategy to enhance digital payment solutions, foster financial inclusion, and support the UAE’s digital transformation. Saeed Rashid Al Yateem, MoF’s Assistant Undersecretary for Government Budget and Revenue Sector, emphasized the ministry’s commitment to adopting cutting-edge financial technologies to improve customer satisfaction and provide secure, flexible payment options. Hosam Arab, co-founder and CEO of Tabby, expressed pride in supporting the MoF’s mission to make federal services more accessible across the UAE. This initiative underscores the UAE’s progressive approach to integrating modern financial tools into public services, ensuring convenience and efficiency for residents.

The European Bank for Reconstruction and Development (EBRD) has issued a stark warning about the economic repercussions of ageing populations, describing the trend as a ‘ticking time bomb’ for GDP growth. In its annual report released on Tuesday, the EBRD highlighted that declining birth rates and an increasing share of elderly citizens are already undermining economic progress in several nations. Emerging Europe, in particular, is projected to see a reduction in annual per capita GDP growth by nearly 0.4 percentage points between 2024 and 2050 due to a shrinking working-age population.

EBRD Chief Economist Beata Javorcik emphasized that post-communist countries are ‘getting old before getting rich,’ with a median age of 37 and an average GDP per capita of $10,000—far below the levels seen in advanced economies during similar demographic stages. The report identified multiple factors contributing to declining birth rates, including shifting social norms and the impact of motherhood on women’s career earnings. While many EBRD member states have implemented incentives to encourage higher birth rates, these measures have failed to produce significant or lasting results.

Migration, often suggested as a solution, remains politically unpopular in most regions. Additionally, public sentiment toward leveraging artificial intelligence (AI) to boost productivity is mixed. Javorcik argued that extending working lives through retraining and pension reforms could be the most effective strategy, though it requires candid discussions with voters about the implications of demographic shifts.

The report also noted that ageing leaders, who tend to prioritize pension protection and restrict migration, further complicate efforts to address the issue. Globally, the average age of leaders is now 60, significantly older than the median adult. In autocracies, this gap has widened to 26 years in 2023, up from 19 years in 1960.

For newer EBRD member nations like Nigeria, the focus should be on job creation and private sector expansion to capitalize on their current demographic dividend. However, Javorcik cautioned that this window of opportunity is fleeting, as birth rates in other parts of Africa are also declining. ‘These countries must act now to secure their economic future,’ she said.

The United Arab Emirates (UAE) has solidified its position as a premier destination for the world’s affluent, with over 9,800 millionaires relocating to the country in 2025 alone, according to Henley & Partners. This migration is driven by the UAE’s investor-friendly policies, tax efficiency, and cutting-edge infrastructure, which have transformed Dubai into a global hub for luxury real estate. The city now rivals established markets like New York and London, attracting unprecedented demand for ultra-luxury properties. Amid this boom, Sunteck Realty Ltd, a leading Indian luxury developer, has announced its entry into the UAE market with the establishment of Sunteck International in Dubai. The company has unveiled an ambitious plan to invest Dh15 billion in UAE real estate projects over the next three years, signaling its long-term commitment to the region. Sunteck’s inaugural project, a prime land parcel in Downtown Dubai near the Burj Khalifa and The Dubai Mall, is set to redefine ultra-luxury living with contemporary design and branded residences in collaboration with global hospitality brands. Kamal Khetan, Chairman & Managing Director of Sunteck Realty Ltd, emphasized Dubai’s unique appeal, citing its unmatched growth potential and favorable pricing compared to other global cities. He highlighted the UAE’s attractiveness to high-net-worth individuals, noting that many are leaving Europe for the UAE. Khetan expressed confidence in Dubai’s real estate market, stating that it offers unparalleled volumes, pricing, and margins, making it the ideal location for Sunteck’s international debut.

In a significant shift in India’s financial landscape, global financial institutions from the United Arab Emirates (UAE) and Japan are making substantial investments in Indian banks, capitalizing on the government’s relaxed restrictions on foreign shareholdings. Emirates NBD, Dubai’s largest lender, is poised to acquire a 60% stake in RBL Bank, a private Indian bank, for $3 billion, marking the largest cross-border acquisition in India’s financial sector. Earlier, Japan’s Sumitomo Mitsui Financial Group (SMFG) purchased a 24.2% stake in Yes Bank for $1.7 billion, becoming its largest shareholder. Meanwhile, Mitsubishi UFJ Financial Group (MUFG), Japan’s largest lender by assets, is finalizing deals to invest $4 billion in Indian financial institutions, including a 20% stake in Shriram Finance, a major credit solutions provider. These developments align with Indian Finance Minister Nirmala Sitharaman’s vision to create more ‘big banks.’ Foreign investments in India’s financial sector surged to $8 billion in 2025, up from $2.3 billion in the previous year. Concurrently, India and Israel are advancing a free trade agreement (FTA) to bolster economic and technological cooperation, with Israeli Prime Minister Benjamin Netanyahu emphasizing the strategic partnership. The UAE’s investments in India are also set to reach $100 billion across sectors, including a controversial mega-mall project in Kashmir. However, these moves have drawn criticism from activists, who accuse India of human rights violations in the region. The UAE’s financial networks have also been implicated in supporting militias in Sudan, raising ethical concerns. As global financial giants pivot towards India, the Reserve Bank of India’s easing of restrictions has further incentivized foreign investments in medium-sized banks.

Dubai’s commercial real estate market is experiencing an unprecedented surge, with office rents climbing to new heights and occupancy rates nearing record levels. According to the latest research from Chestertons Mena, the demand for premium office spaces, particularly in key hubs like DIFC, Business Bay, and Dubai Internet City, remains robust. These areas are highly sought after due to their advanced infrastructure, prestigious locations, and proximity to international business activities. The limited availability of Grade A office space has pushed occupancy levels to approximately 95%, with citywide office occupancy close to 92%. The average office rent in Dubai has reached around Dh 190 per square foot, marking a 22% year-on-year increase. This growth is driven by professional services firms, multinational relocations, and expanding regulated-sector businesses. Emerging micro-markets such as Jumeirah Lakes Towers (JLT), Barsha Heights, Dubai South, Mohammed bin Rashid City, and Dubai Harbour are also gaining traction, attracting tech companies, digital media operators, and e-commerce players. These areas offer competitive rates, scalable layouts, and excellent connectivity. Workplace preferences in Dubai are evolving, with a growing demand for turnkey, furnished offices with flexible leases, reflecting the shift to hybrid working models. Landlords are responding by offering shorter lease terms, plug-and-play fittings, and smart office environments. Wellness features such as natural light, biophilic design, high-grade air filtration, outdoor breakout areas, gyms, and cafés are becoming standard in modern commercial buildings. Technology integration, including digital room booking systems and high-definition video conferencing, is also on the rise. Investor interest in Grade A commercial assets is strong, driven by robust rental performance, supply constraints, and high occupancy rates. Chestertons forecasts that the tight supply environment for high-spec space will support rental stability in the coming years. The supply of new office space remains constrained, with only about 0.89 million square feet expected to be completed in 2025, increasing to 2.3 million square feet in 2026 and over 4.1 million square feet in 2027. However, much of this new space may already be pre-leased or absorbed before completion. Independent real estate sources, including Cushman & Wakefield and GulfBase, confirm the tight supply and strong pre-leasing activity, reinforcing upward pressure on rents and occupancy. By Q3 2025, Dubai’s overall office vacancy had fallen to around 7.5%, reflecting intense competition for premium space. Gross rental yields for prime office investments are estimated in the 7–8% range, highlighting the attractiveness of commercial real estate for long-term investors. In February 2025 alone, commercial real estate sales transactions grew by 18.2% year-on-year, with a total value of Dh 9.7 billion. This surge signals strong investor confidence in the sector’s long-term performance. Analysts conclude that Dubai’s commercial real estate market is undergoing a structural upshift, with tightening supply, rising rents, and strong investor conviction converging to create a rare opportunity for premium returns. This boom validates Dubai’s strategy as a global business hub and a driver of next-generation growth.

Gold prices in Dubai soared to a near one-week high on Tuesday, reaching just under Dh500 per gram. At 9am UAE time, 24K gold was trading at Dh499 per gram, marking a significant increase of nearly Dh12 over the past 24 hours. Other variants of the precious metal also saw notable gains, with 22K, 21K, and 18K selling at Dh462, Dh443, and Dh379.75 per gram, respectively. Spot gold prices globally were recorded at $4,146.5 per ounce, reflecting a 1.25 per cent rise, driven by growing expectations of a rate cut by the US Federal Reserve. Market analysts attribute this surge to mixed signals from the Fed, with traders cautiously optimistic about a potential policy easing in December. Aaron Hill, chief market analyst at FP Markets, highlighted that the odds of a rate cut have increased to about 60 per cent, following robust US payroll data and dovish remarks from New York Fed President John Williams. Vijay Valecha, chief investment officer at Century Financial, noted that geopolitical developments in the Middle East and optimism surrounding the Russia-Ukraine conflict have also supported gold prices. Despite a stronger dollar and improved risk appetite in Asian equities, gold remains a favored asset amid ongoing economic uncertainties.

The United Arab Emirates (UAE) is witnessing a transformative shift in its rental market, as tenants increasingly demand flexible payment options and landlords embrace digital solutions. Traditionally, rent payments in the UAE have been made through post-dated cheques, often requiring large upfront sums. However, a growing trend toward monthly instalments is reshaping the landscape, driven by tenant preferences and technological advancements. Platforms like Keyper and Takeem are at the forefront of this change, offering tenants the ability to spread their annual rent across 12 monthly payments. Property Finder’s recent partnership with Keyper, set to launch in 2026, integrates this option directly into its app and website, allowing payments via card or direct debit. While traditional cheque-based contracts remain available, the convenience of digital payments is gaining traction, enabling tenants to better manage their finances. Landlords, too, benefit from reduced defaults and faster occupancy rates. Although some tenants may incur a convenience fee for monthly payments, the overall shift is seen as a win-win for all parties involved. This evolution reflects a broader move toward modernizing the rental process in the UAE, with significant implications for the real estate sector.

China’s under-forest economy is emerging as a significant driver of sustainable development and rural prosperity. According to the National Forestry and Grassland Administration, the country boasts a forest area of 231 million hectares, with economic forests covering approximately 46.67 million hectares. These forests contribute an impressive output value of around 2.2 trillion yuan ($309.43 billion). The under-forest economy, which utilizes over 40 million hectares of land, encompasses diverse industrial models such as under-forest planting, farming, product collection and processing, and forest landscape utilization. This sector employs approximately 34 million people and supports 950,000 business entities, generating an annual output value exceeding 1 trillion yuan. Notably, 14 provincial-level regions have dedicated over 1.33 million hectares to under-forest economic activities, with nine regions reporting an output value surpassing 50 billion yuan. The under-forest economy offers a unique advantage by not competing with agricultural land used for grain and other crops, thus creating new income opportunities for farmers. It also provides a sustainable pathway for achieving green development and wealth creation. The significance of this sector is underscored in the recommendations for the 15th Five-Year Plan (2026-30), adopted at the fourth plenary session of the 20th Central Committee of the Communist Party of China in October. The plan highlights the under-forest economy and forestry industries as key ‘green engines’ that can drive rural vitalization and advance the goal of common prosperity.