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.
Dollar Fluctuates as Markets Remain Cautious About Ceasefire Between the USA and Iran
The dollar's performance remained unstable on Thursday after experiencing significant losses, as investors exercise caution while assessing the viability of the fragile two-week ceasefire between the United States and Iran.Concerns are growing about the potential collapse of the ceasefire...
UAE Markets: Today Marks the Final Trading Day for Cash Dividend Entitlements of 9 Companies
Thursday, April 9, 2026, marks the final trading day for the cash dividend entitlements of nine companies listed on the Abu Dhabi Stock Exchange and the Dubai Financial Market.
The firms listed on the Dubai Financial Market include Dubai Islamic...
Mubadala Reports Asset Value Increase to 1.4 Trillion Dirhams with 17% Growth
Mubadala Investment Company has announced its financial results for the year 2025, showcasing robust performance across its diverse investments. The current asset value of the company has risen to AED 1.4 trillion, equivalent to USD 385 billion, achieving a...
Rapid Growth and Record Participation in Make it in the Emirates
Hassan Jasim Al Nuaimi, the Undersecretary of the Ministry of Industry and Advanced Technology, emphasized the crucial role of the industrial sector in the UAE, highlighting it as a foundational element for enhancing stability and sovereignty, while also supporting...
Dubai Establishes Foundations of Openness and Progress Amid Global Changes
Issam Kazem, the CEO of the Dubai Tourism and Commerce Marketing Authority, emphasized that Dubai is effectively managing current regional challenges while maintaining high levels of stability and security. He highlighted the commitment to ensuring the safety and well-being...
Sultan Al Jaber Urges Immediate Opening of Hormuz Strait Without Restrictions on Global Energy Lifeline
Dr. Sultan Ahmed Al Jaber, the Minister of Industry and Advanced Technology and the CEO of ADNOC and its affiliated companies, emphasized the necessity of fully opening the Strait of Hormuz without any restrictions or conditions. He underscored that...
Members of the Vegetable and Fruit Traders Task Force: Dubai’s Infrastructure and Logistics Flexibility Enhances Food Abundance and Variety
Members of the vegetable and fruit traders working group, under the Dubai Chamber of Commerce, have confirmed that the abundant variety of food products available in the emirate's markets—including fresh and perishable goods—highlights Dubai’s competitive advantages. This is particularly...
Al Habtoor Launches a Commercial Tower Worth 5 Billion Dirhams as Part of Ambitious Expansion in the UAE
The Al Habtoor Group has announced the launch of a significant new project, featuring a world-class commercial tower set to become a key landmark in Habtoor City. The investment for this initiative exceeds 5 billion dirhams, with further details...
Dubai Mortgages Four Plots of Land for 1.7 Billion Dirhams
On Thursday, the real estate market recorded four significant mortgage transactions totaling 1.7 billion dirhams, indicating strong liquidity and persistent confidence from financial institutions amidst regional challenges.Data from the Dubai Land Department revealed that the first parcel of land...
Mubadala Contributes 45 Billion Dirhams to Abu Dhabi’s GDP
In 2025, Mubadala continued its efforts to strengthen the national economy by creating quality job opportunities for local talent, attracting global investments, and accelerating the growth of strategic sectors crucial for the long-term competitiveness of the national economy. Mubadala...
