News
Dubai luxury property market extends record-breaking growth
Dubai's luxury property sector continues attracting global investors as strong demand, premium developments and economic growth drive record market performance.
DP World expands UAE port network with two new eastern terminals
DP World will build two new port terminals on the UAE's eastern coast, strengthening logistics, expanding cargo capacity and supporting long-term trade growth.
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.
Women’s Union Expands Its Economic Partnerships to Support Women’s Empowerment
A delegation from the General Women's Union has continued its official visit to the People's Republic of China, holding a series of meetings with prominent Chinese organizations in the fields of entrepreneurship and service trade. This initiative is supported...
Interactive Messages: The Primary Channel for Investment in the UAE
A recent study conducted by the Boston Consulting Group in collaboration with Meta highlights that the United Arab Emirates has entered a significant phase in customer engagement. Interactive messaging powered by artificial intelligence has emerged as the leading digital...
Economy and Tourism Boost Startup Growth and Empower Entrepreneurship
The Ministry of Economy and Tourism held a virtual roundtable titled "Enhancing Startup Growth and Empowering the Entrepreneurship Ecosystem." The event aimed to create a dialogue platform for sharing insights and experiences regarding the entrepreneurial landscape in the UAE,...
Bearings Opens Office in Abu Dhabi to Strengthen Its Presence in the Middle East
Investment management firm Barings has announced the opening of its new office in Abu Dhabi.This strategic expansion underscores Barings' commitment to the Middle East, reflecting its confidence in the region's long-term growth potential and its investment opportunities.Mike Freno, Chairman...
UAE: Gold and Silver Experience Slight Decline Amid Ongoing Stability
On Friday, gold and silver prices experienced a slight decline amid limited movements in global markets, influenced by fluctuations in the dollar's value and changes in the demand for precious metals.This decrease falls within a narrow range, indicating a...
Dubai Chambers Explore Support for Textile Sector’s Adaptation to Global Changes
The Dubai Chamber recently convened with members of the Dubai Textile Traders Group (TEXMAS) to explore ways to prepare the sector for global changes and enhance its capacity for sustainable growth, thereby reinforcing Dubai’s status as a leading global...
Dubai South Introduces Incentive Package to Support Businesses in Free Zone
Dubai South has introduced a new set of incentives aimed at businesses operating within its free zone, highlighting its ongoing commitment to support the business community and maintain economic activity.This initiative aligns with the efforts of the Dubai Free...
Abu Dhabi Market Showcases Growth Opportunities at the Entrepreneurship Festival
The Abu Dhabi Market is showcasing growth opportunities for entrepreneurs and investors during the "Abu Dhabi Global Entrepreneurship Festival." This festival is expected to attract over 20,000 attendees and feature more than 100 global speakers from April 20 to...
Mohammed Al Qerqawi: The UAE Continues to Establish a Unique Government Model
Mohammed Abdullah Al Gergawi, the Minister of Cabinet Affairs, emphasized that the UAE is committed to establishing a unique governmental model. This model is characterized by integration and teamwork, focusing on future foresight, transforming challenges into opportunities, and enhancing...
Ras Al Khaimah Economic Department Completes 10,755 Digital Transactions in Q1
The Department of Economic Development in Ras Al Khaimah has reported significant progress in digital transformation, processing 10,755 electronic applications in the first quarter of this year. This figure reflects a growing reliance on smart services and the advancement...
