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.

Empower Launches Its Most Modern Customer Service Center in Dubai

Emirates Central Cooling Systems Corporation, known as Empower, has announced the launch of its latest customer service center at its headquarters in the Al Jaddaf area of Dubai. This initiative is a strategic move that reflects the company's ongoing...

Capital Markets Authority Releases Framework for Regulating Virtual Assets

Regulatory Framework Encompassing 5 Key Units and 8 ActivitiesThe Capital Market Authority has announced the release of a regulatory framework for virtual assets, demonstrating its commitment to developing a modern and comprehensive system that aligns with the rapid growth...

Dana Gas Resumes Operations at the Khormor Field in Iraq’s Kurdistan Region

Dana Gas has announced the resumption of its operational activities at the Khormor facility in the Kurdistan region of Iraq, following a period of intermittent operations over the past few weeks. In a statement, the company indicated that the revival...

Central Bank Achieves Global Standard Certification for Effective Governance Systems BS 13500

The Central Bank of the UAE has announced that it has received the global standard certification for effective governance systems (BS 13500) from the British Standards Institute. This achievement reflects its strong commitment to adopting the highest international standards...

iAndMoney Introduces Gold Buying and Selling Service in the UAE

“E&M Money,” the financial technology arm of the global tech firm “E&M,” has introduced its new digital gold investment service in collaboration with the platform “Safe Gold.” This service enables customers in the UAE to buy and sell 24-carat...

Central Bank Increases Gold Reserves to 46.5 Billion Dirhams by End of February

The Central Bank of the UAE has increased its gold reserves by nearly 9 billion dirhams in January and February, representing a growth of about 24% compared to the end of 2025. According to data from the Central Bank,...

Al Ansari Exchange and Union Credit Information Launch Personal Credit Reporting Service

Al Ansari Exchange, a part of Al Ansari Financial Services Group, has announced an expansion of its partnership with Al Etihad Credit Bureau to offer credit report services for individuals through its extensive branch network across various Emirates of...

«Dataflow» Supports the Official Notary Service for the Dubai International Financial Centre Courts

Following the official launch of the notary service by the DIFC courts under Law No. 2 of 2025, Dataflow Group confirms the integration of its AI-driven technologies into this service, marking a significant advancement for the UAE as a...

Collaboration Between Dubai’s Economy and Tourism and HSBC to Accelerate Investment Flow

The Dubai Department of Economy and Tourism announced on Monday the signing of a strategic cooperation agreement with HSBC Middle East Limited to enhance collaboration in attracting global companies and individual high-net-worth investors looking to establish or expand their...

Sharjah’s Economic Department Unveils Strategic Plan for 2026-2028

Announcement from Sharjah Economic Development DepartmentDuring its 22nd annual event, the Sharjah Economic Development Department unveiled its strategic plan for 2026-2028. This initiative aims to foster a competitive, diverse, and sustainable economy, aligning with the department's mission to promote...

Business