News
UAE Presses Ahead With Landmark Megaprojects Despite Regional Tensions
The UAE continues investing in transport, tourism and cultural megaprojects despite regional tensions, reinforcing its long-term economic growth strategy and global ambitions.
DAMAC Unveils Final Tower of Chelsea Residences by DAMAC as Demand Stays Strong
DAMAC has unveiled the final tower of Chelsea Residences in Dubai, offering sea-view homes, football-inspired amenities and luxury branded waterfront living.
Buyer Confidence Holds Steady as Dubai Property Market Finds Stability
Property Finder reports stable buyer demand in Dubai as expectations for property price declines weaken and market conditions show increasing signs of stability.
UAE Launches New Port Project to Reduce Reliance on Strait of Hormuz
The UAE is developing a new port in Fujairah to reduce reliance on the Strait of Hormuz, strengthen supply chains, and enhance regional logistics resilience.
Dubai Residential Property Prices Record First Decline Since 2020
Dubai home prices posted their first significant decline since 2020 as demand softened, transaction volumes fell, and the market entered a new correction phase.
€1.4bn Albanian Resort Project Faces Growing Opposition
A €1.4bn Albanian resort backed by Affinity Partners faces environmental protests, regulatory scrutiny, and investment risks despite government support.
UAE Prepares to Launch Its First Inter-Emirate Passenger Railway
The UAE will launch its first passenger railway linking Abu Dhabi, Dubai, and Fujairah, improving connectivity, mobility, and long-term real estate investment opportunities.
UAE Launches Construction of a New Port to Bypass the Strait of Hormuz
The UAE is building a new port in Fujairah to bypass the Strait of Hormuz, strengthen supply chains, and improve regional logistics amid rising geopolitical tensions.
British Buyers Lead Dubai’s International Property Market in 2026
British investors became Dubai's largest foreign property buyers in 2026, driven by strong rental demand, tax advantages, and long-term investment opportunities.
Dubai’s Retail Fuel Sales Strategy Discussed by ‘Supreme for Energy’
His Highness Sheikh Ahmed bin Saeed Al Maktoum, the President of the Supreme Council of Energy in Dubai, chaired the 93rd meeting of the council, held virtually, with the attendance of H.E. Saeed Mohammed Al Tayer, Vice Chairman of...
BHM Capital’s General Assembly Approves 20% Dividend Distribution for 2025
BH M Capital Announces 20% Dividend Distribution to Shareholders
BH M Capital, a financial institution in the UAE's capital markets, has announced that during its General Assembly meeting held on April 20, 2026, shareholders approved a 20% dividend distribution for...
Dubai Chamber of Commerce Explores Support for Women Entrepreneurs and Adaptation to Global Developments
The Dubai Chamber of Commerce, one of the three chambers operating under the Dubai Chambers umbrella, organized an open dialogue in collaboration with the Dubai Business Women Council. This event gathered 86 women entrepreneurs to discuss the current state...
Dubai International Financial Centre Courts Experience Strong Growth in Cases During First Quarter
During the first quarter of 2026, the courts of the Dubai International Financial Centre (DIFC) continued to establish their role as a crucial component of the legal framework supporting Dubai’s economy. The courts reinforced their status as a globally...
Dubai Multi Commodities Centre Unveils One Uptown Place and Two Uptown Place Towers
The Dubai Multi Commodities Centre (DMCC), a leading international business hub and significant contributor to the flow of global trade through Dubai, has announced the launch of two new high-end commercial towers, "One Uptown Place" and "Two Uptown Place."...
Completion of the Structural Framework for the World’s Tallest Residential Tower in Habtoor City, Dubai
The Al Habtoor Group has announced a significant milestone in the construction of the Habtoor Tower, having reached its highest structural point at 86 floors. This marks the completion of the structural framework for what is set to be...
UAE-China Partnership for Developing an Integrated Platform for Clean Energy and Manufacturing
The Ministry of Investment has signed a memorandum of understanding with the Chinese company "Jireh" aimed at developing a comprehensive platform for clean energy and manufacturing within the country.This memorandum is part of efforts to strengthen the economic ties...
UAE Government and World Bank Group Initiate Strategic Partnership to Enhance Global Government Efficiency
The Office of the Prime Minister in the UAE has announced a strategic partnership with the World Bank Group aimed at enhancing global government management efforts. This initiative seeks to implement innovative methodologies that streamline processes, eliminate bureaucracy, and...
Al Dar Closes a 5 Billion Dirham Sustainability-Linked Credit Facility
The Aldar Group has successfully secured a renewable credit facility linked to sustainability, amounting to 5 billion dirhams (approximately $1.36 billion) with a five-year term. The facility is multi-currency and unsecured.This financing attracted participation from 10 prominent local, regional,...
Global Report: UAE Emerges as a Leading Hub for Artificial Intelligence Worldwide
A 2026 report from Stanford University has highlighted the United Arab Emirates as a burgeoning global hub for artificial intelligence, ranking it among the top countries for institutional support of AI strategy, awareness, and governance.The report points out that...
