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.
Alyak Holding Strengthens Its Institutional Model by Enhancing Sustainability Governance Standards
Alec Holding has unveiled its Sustainability and Governance Report for 2025, showcasing its commitment to enhancing safety and well-being standards for employees, improving operational performance, and strengthening corporate governance practices following its listing on the Dubai Financial Market.According to...
Strengthening Financial Cooperation Between Abu Dhabi and Italy
A high-level delegation from Abu Dhabi, led by the Abu Dhabi Global Market (ADGM), has concluded a series of strategic meetings in Milan, Italy. The delegation engaged with key global financial institutions and industry leaders as part of ongoing...
Launch of Limited Edition Coins in Celebration of the “Proudly Emirati” Campaign at Dubai Gold Souk
The "Emirates Mint" has launched a limited edition collection of commemorative coins made of gold and silver in collaboration with the "Dubai Gold Souk," celebrating the "Proud of the UAE" campaign. This exclusive collection is only available at the...
Dubai: A Unique Model for Attracting Wealthy Individuals and Innovators in 2026
A recent report published by Altrata, a wealth research organization in collaboration with Arton Capital, reveals significant shifts in the global wealth landscape. The findings confirm that Dubai has established itself as a key destination for mobile capital and...
Registration of 553 New Establishments at the Ras Al Khaimah Chamber in Three Months
The Ras Al Khaimah Chamber of Commerce and Industry has reported a vibrant economic performance in the first quarter of 2026, with 552 new businesses registered. This trend indicates the emirate's ongoing appeal as a diverse and flexible investment...
“Deez” Unveils Plan for Data Center Development in Dubai Silicon Oasis
The Dubai Integrated Economic Zones Authority (DIEZ) has announced a joint venture with Volt Emirates, a platform specialized in developing data centers and artificial intelligence facilities, to establish advanced AI-driven data centers in Dubai Silicon Oasis. This economic zone...
Ajman Unveils Package of Incentives to Support the Tourism Sector Under the Guidance of Ammar bin Hamid
Under the directives of Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Head of the Executive Council, the Department of Tourism, Culture, and Media in Ajman has announced a new set of initiatives aimed at bolstering...
Lulu Retail Distributes 723 Million Dirhams in Profits for 2025
The general assembly of Lulu Holding Group approved the distribution of cash dividends totaling AED 361.5 million for the second half of the fiscal year 2025 during its annual meeting held on April 23, 2026. This decision underscores the...
Financial Technology Market in the UAE to Reach 191 Billion Dirhams by 2026
The United Arab Emirates is experiencing a rapid digital transformation in trade finance as part of a broader shift in the financial sector toward interconnected digital systems that leverage data and advanced technologies. This initiative aims to enhance the...
Emirates Airline Chief Anticipates Rapid Recovery Due to Demand
The President of Emirates Airlines, Tim Clark, expressed a determined outlook in his first media appearance since the outbreak of conflict in the Middle East, emphasizing that strong demand will lead to a quick recovery.Speaking at the CAPA Airline...
