spot_img
spot_imgspot_img
October 7, 2026 - 11:17 PM

Dubai Shuns Africa on Property Investment, Targets US, Europe, China

—

Africa does not appear to be one of the major considerations for Dubai’s real estate promotion this year. She is targeting European countries more.

This is coming as Dubai Land Department (DLD) has launched their real estate promotion plan for the year which is expected to see the emirate’s property investment potential showcased in 10 countries with only Egypt in Africa.

CEO of the Real Estate Investment Promotion Investment Management Sector at DLD, Majida Ali Rashid, outlined plans for 20 exhibitions, conferences, and events in the nine other countries, including the United Arab Emirate, Saudi Arabia, France, the US, Canada, China, the United Kingdom, India and Germany.

Director General of DLD, Sultan Butti bin Mejren, stressed that the selection of countries was based on specific criteria, most notably the activities of the investors from these countries.

Adding, bin Mejren said ‘’this year has already been an active year for us after having received a huge delegation from the US and Singapore. These activities will continue throughout the year to progress upon the success we achieved in previous years. There are many aspects that deserve to be highlighted in our real estate market, which will help us achieve the desired results. Dubai remains at the forefront for global investors.’’

The 2019 agenda will include the International Property Show in Cairo and Jeddah; round tables for investors in Africa, Europe, and a number of GCC countries to review the real estate investment opportunities in Dubai.

DLD will also participate in the 30th edition of MIPIM, an international event hosted by the French city of Cannes every March.

In addition, DLD will participate in the Dubai Property Festival, the Asian Real Estate Association of America, the Annual Investment Forum in Dubai, Cityscape Global 2019, the London Property Investor Show, the London Real Estate Forum, the 19th Luxury Properties Showcase, and the Beijing Overseas Property & Investment Show as well as in other activities in Germany, the US, and the UAE.

DLD said its promotional plans aim to embrace the diverse international market, provide the best marketing solutions for developers and brokers, and help all parties acquire knowledge of various trends.

In October, DLD said that it had recorded real estate deals worth AED162 billion ($44.1 billion) during the first nine months of 2018.

The figures represented a fall of more than AED40 billion (20 percent) compared to the same period last year although the total number of transactions rose by over 2,000 to 39,802.

The top 10 investors by nationality were topped by Emiratis and Indians, followed by Saudis, Pakistanis and Brits. Residents from China, Egypt, Jordan, Canada, and Russia rounded out the list.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Share post:

Subscribe

Latest News

More like this
Related

BREAKING: 20 NYSC Prospective Corps Members Freed After Kidnappers Demand N50m Each

Twenty prospective members of the National Youth Service Corps...

Improve welfare of Nigerian Teachers 

I was and I am a teacher. I was a Parents Teachers Association hired teacher at Oba Akinbiyi High School (II), Mokola, Ibadan in 1997. Apart from that stint, I also taught briefly at a private secondary school during my National Youth Service at Asaba, Delta State as well as at another private secondary school at Akowonjo area of Lagos state around 2001 / 2002. My late father, Deacon Isaac Oyeniyi Ojo taught for about 40 years across several primary schools in Oyo and Osun sates and retired as a headmaster in 1995. At present, I don’t just teach but train people across various democratic institutions namely election management bodies (INEC and SIECs), political parties, media, national and state legislative assemblies, police, and civil society organisations. Information gleaned from the website of UNESCO says “World Teachers’ Day is held annually on 5 October to celebrate all teachers around the globe. It commemorates the anniversary of the adoption of the 1966 ILO/UNESCO Recommendation concerning the Status of Teachers, which sets benchmarks regarding the rights and responsibilities of teachers, and standards for their initial preparation and further education, recruitment, employment, and teaching and learning conditions. In 2026, the Day marks the 60th anniversary of the Recommendation concerning the Status of Teachers.” In Nigeria, this year's celebration focused on five interconnected pillars: innovation, mobility, Artificial Intelligence, inclusion, and professional excellence. The Minister of State for Education, Prof. Suwaiba Ahmad, announced that the selection process for the 2026 World Teachers' Day awards was digitised to promote transparency, accountability, and efficiency. The celebration includes a symposium, a march-past featuring state flags and cultural attire, and the recognition of 14 awardees, including the first, second, and third best teachers receiving prestigious car gifts, while the best Federal Unity College received a bus. Other prizes include laptops. In commemoration of the World Teachers Day, Dr. Akin Ayeni and I were guests on a breakfast programme on Ekiti 91.5 FM, Ado Ekiti last Monday where we dissected the plights of Nigerian teachers and proffered solutions to them. The host was Ademola Adeleke. I enumerated some of the plights of Nigerian teachers to include: Low wages, insecurity, quackery, inadequate classrooms, lecture theatres, libraries and laboratories, high turnover of staff especially in private schools, high workloads, disrespects from parents, students and even government. I made a proverb on the programme. Elo ni teacher ngba, ti o ntuto s’owo ka’wo osu (meaning, how much does a teacher earn that he or she needs to use saliva to count salary). This was a random joke even among teachers when they used to collect their salary in cash. This day, they receive their wages via online money transfer. The proverb however is meant to drive home the paltry nature of the salaries and wages of teachers cum lecturers. I recall the sticker produced by Academic Staff Union of Universities many years ago which has the inscription “My take home pay cannot take me home”. That’s very instructive. On issue of insecurity, according to Daily Trust of October 1, 2022, “The registrar of the Teachers Registration Council of Nigeria, Professor Josiah Ajiboye, said attacks on schools by insurgents have claimed the lives of more than 2,295 teachers in the North East between 2009 and 2022.” The PUNCH in its June 5, 2026 online edition reported that “An estimated 603 students and teachers have been kidnapped in seven mass abductions across schools in Nigeria between March 2024 and May 2026 under President Bola Tinubu, despite the N145bn Safe Schools Initiative.” Recall that on May 15, 2026, a total of 46 persons – seven teachers and 39 students – were abducted from Community High School Ahoro-Esinele and Yawota Baptist Nursery and Primary School in Oriire Local Government Area of Oyo State. Thankfully, most of them were rescued though two teachers were murdered by the bandits.  Michael Oyedokun, was reportedly beheaded, while John Olaleye, was shot dead during the attack. It is noteworthy that some university lecturers have also been abducted in the past. The heavy workloads and low wages have resulted into brain drain and high turnover of teaching staff across our academic institutions. Many education graduates don’t want to teach. The lecturers in tertiary institutions are leaving in droves for greener pasters abroad. Many teachers today take the job as a last resort when better options are not available. Many of the private schools recruit untrained teachers. They side step the federal government policy of having every teacher certified by Teachers Registration Council of Nigeria. Recall that the TRCN regulates the teaching profession in Nigeria by setting standards, accrediting teacher education programmes, registering qualified teachers, and enforcing professional ethics.  It establishes national minimum standards for teacher education and monitors teacher training institutions, including Colleges of Education, university faculties, polytechnic schools of education, and the National Teachers Institute. Unlike in the 20th century when teachers in Nigeria were widely respected and seen as mini-God, in contemporary times, there have been situation where pupils and students openly abuse teachers, bully them and even beat them up. Some irresponsible parents have even gone to school to harass and molest teachers for caning or meting out corporal punishments to their wards and children. Thus, many teachers now work in an atmosphere of fear. Mrs. Comfort Fasunwon is a multiple award-winning teacher in Ondo State, here is an excerpt from what she wrote on her Facebook wall in commemoration of the 2026 World Teachers Day “To my fellow teachers, today.  Teaching is not always easy. There are days when the workload is heavy, resources may be limited, and the results of our efforts may not be immediately visible. Yet we continue to show up, teach, encourage, correct, inspire and believe in our students. Sometimes, the greatest reward of a teacher is not a certificate or trophy. It is seeing a child who once struggled begin to understand. It is watching a student grow in confidence. It is meeting a former student years later and hearing the words, “Ma or sir, you made a difference in my life.” My plead to government at all level as well as private schools’ owners is to ensure that their schools are well resourced and staff welfare is made paramount. Professionalism should be their watchwords. Teachers’ rewards shouldn’t be in heaven; a foretaste of that should be here on earth. Best wishes to fellow teachers and nation builders. Remember the popular song that says “Anyone who hates teachers will homeschool his or her  child” I.G: @jideojong  

Over 22,000 Arms Recovered Across Nigeria in 10 Years – NCCSALW

The National Centre for the Control of Small Arms...

NBA Calls for End to Torture, Deaths in Nigeria’s Detention Centres

The Nigerian Bar Association (NBA) has called for tougher...
Join us on
For more updates, columns, opinions, etc.
WhatsApp
0
Would love your thoughts, please comment.x
()
x