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.

Federal Tax Authority Conducts 176,000 Market Inspections with 89% Growth in 2025

The Federal Tax Authority has reported a significant increase in the number of on-site inspections conducted by its specialized teams, which, in collaboration with relevant authorities, reached approximately 176,000 inspections last year across local markets in all emirates. This...

Dragon Oil Unveils New Oil Discovery in the Gulf of Suez Region

Dragon Oil, fully owned by the Emirates National Oil Company (ENOC), in partnership with Gulf of Suez Petroleum Company (GUPCO) and the Egyptian General Petroleum Corporation (EGPC), has announced the discovery of a new oil find. This significant achievement...

MBME and Comira Anticipate a Partnership Agreement to Enhance Digital Financial Solutions in the UAE

MBME Group, a technology solutions and digital transformation company based in the UAE, has announced a strategic partnership with Komira Financial Holding, a subsidiary of Royal Group in Abu Dhabi. This collaboration aims to explore joint strategic opportunities in...

Mansour Bin Zayed Leads the Board Meeting of Mubadala Investment Company

Sheikh Mansour bin Zayed Al Nahyan, the Vice President of the UAE, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Mubadala Investment Company, presided over a board meeting of the company at the Qasr Al...

Launch of Personal Insurance System for Accounts to Strengthen Asset Protection in the UAE

The United Arab Emirates has launched a new insurance system tailored for individual accounts, accessible through the specialized gold and silver investment app "O Gold," in partnership with Dubai National Insurance. This initiative marks a significant advancement in security...

Data Collaboration Unites “Finance” and the University of Sharjah

The Ministry of Finance has signed a memorandum of understanding with the University of Sharjah aimed at strengthening strategic and institutional collaboration in open data and financial data analysis. This initiative is designed to support the development of financial...

Financial Times: Despite Regional Tensions, 7 Out of 8 Brits Prefer to Remain in the UAE

Statistics reveal that seven out of eight British citizens residing in the UAE have chosen to remain in the country since Iran began launching aggressive attacks on Gulf nations in February. This reflects a clear sense of security and...

Memorandum of Understanding Between “ENOC” and “7X” to Enhance Digital Transformation

ENOC Group, a leader in the energy sector, and 7X, a company focused on trade, transportation, and logistics services in the UAE, have officially signed a Memorandum of Understanding (MoU) to establish a framework for collaboration in e-commerce, rapid...

Dubai Chamber of Commerce Explores Banking Needs of the Business Community

The Dubai Chamber of Commerce, one of the three chambers operating under Dubai's umbrella, in partnership with Emirates NBD, a leading banking group in the Middle East, North Africa, and Turkey, held an interactive dialogue with 86 private sector...

Adex: Integrated Operational Solutions Enhance Industrial Sector Resilience and Business Continuity

As part of a coordinated national effort to enhance the industrial sector and strengthen the sustainability of production and supply chains in the UAE, a joint delegation from the Abu Dhabi Export Office (ADEX) and the Emirates Development Bank...

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