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.
Ajman Chamber Hosts Forum on Sustainability in the Industrial Sector
The Ajman Chamber organized a forum titled "Sustainability in the Industrial Sector" to announce the launch of the first phase of the "Eco Smart Industry" initiative. This event aimed to spotlight best practices and experiences in resource conservation, efficient...
Emirati Banks Implement Financial Packages to Enhance Business and Daily Life Continuity
Local banks have begun to implement packages of credit facilities for individuals, businesses, and entrepreneurs. Key measures include deferrals on loan repayments, reduced interest rates, and waived fees—all aimed at enhancing the smooth operation of daily life and boosting...
HSBC to Al Bayan: Growing Global Confidence in the UAE’s Financial Standing
Mohammed Al-Marzouqi, the CEO of HSBC Middle East in the UAE, congratulated the United Arab Emirates and its leadership on being selected to host the annual meetings of the World Bank Group and the International Monetary Fund in 2029...
Dubai Establishes a Global Economic Model Based on Resilience and Opportunity Creation
Dubai exemplifies a comprehensive economic model that is rooted in determination and long-term planning, focusing on preempting crises rather than merely responding to them. The emirate has shown its ability to maintain stability and operational continuity with high efficiency,...
Dubai Real Estate Market Strengthens Its Maturity in Q1 with Robust Growth and Rising Inflows
The Dubai real estate market has demonstrated a new level of maturity and resilience in the first quarter of 2026. Despite surrounding challenges, it maintained strong momentum, recording transactions worth 252 billion dirhams, reflecting an annual growth of 31%....
Central Bank Enhances Public Debt and Sukuk Deposit System
The Central Bank of the UAE has announced its partnership with Vermeg, a global provider of technological solutions for capital market infrastructure, designating them as the primary technical partner for the development of a technological framework supporting the Central...
Etihad Airways Introduces Five New Destinations and 28 Extra Flights to China
Etihad Airways has announced a significant expansion of its flight network in mainland China, introducing five new destinations and adding 28 weekly flights. This initiative marks one of the largest increases in capacity within a single market in recent...
Collaboration Between Dubai CommerCity and Wio to Offer Digital Banking Solutions for Businesses
The Dubai World Trade Centre Free Zone has announced a partnership with Wio Bank, aimed at delivering digital banking solutions and comprehensive financial services to businesses operating within its jurisdiction.This collaboration is designed to enhance access to banking services...
Banking Institutions Address Financial Stability Indicators in the UAE
The annual general meeting of the Financial and Money Transfer Institutions Group took place in Dubai for 2026, gathering leaders from the sector and representatives from various financial institutions. This event reflects the group's commitment to strengthening institutional integration...
Dubai World Trade Centre Signs Agreement to Provide Digital Banking Solutions for Businesses
The Dubai World Trade Centre Free Zone has announced a memorandum of understanding with Wio Bank PJSC to provide digital banking solutions and comprehensive financial services to businesses operating within its regulatory framework. This collaboration aims to enhance access...
