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.
UAE Maintains Strong Credit Rating with Stable Outlook
The Ministry of Finance has announced that the credit rating agency Moody's has completed its periodic review of the United Arab Emirates' credit ratings as of March 30, 2026. The current credit rating has been reaffirmed at "Aa2" with...
UAE Accelerates Adoption of Electric Vehicles
The collaborative efforts of the government in the UAE are aligning with economic indicators to accelerate the adoption of electric vehicles (EVs), spurred by the expansion of infrastructure and rising costs of traditional fuels. Dubai has announced a strategic...
The Abu Dhabi Global Entrepreneurship Festival Kicks Off on April 20
Abu Dhabi will host the "Abu Dhabi Global Entrepreneurship Festival 2026" from April 20 to 22 at the Abu Dhabi Energy Center. This event is being organized under the patronage of Sheikh Zayed bin Nahyan bin Zayed Al Nahyan...
Dubai Ports World Facilitates Services for 40,000 Clients Through DB World Logistics
Dubai Ports World is accelerating its strategic transformation into a comprehensive global logistics service provider, leveraging its extensive experience in the ports, terminals, and maritime services sector. This initiative aligns with its vision to strengthen its position within global...
In March, 2709 New Companies Join Dubai’s Trade
In a reflection of Dubai's growing investment status and its reputation as a prime global hub for business and commerce, the Dubai Chamber of Commerce has reported the addition of 2,709 new companies to its membership in March of...
UAE Joins the Global Top 10 in Goods Exports with 6 Trillion Dirhams
A report titled "Prospects and Statistics of Global Trade," released by the World Trade Organization, has revealed that the United Arab Emirates has made history by ranking ninth among the top ten global exporters of goods for the first...
The Federal Tax Authority Achieves Ethical Accreditation in Procurement and Supply
The Federal Tax Authority has achieved the prestigious "Institutional Accreditation for Ethical Practices in Procurement and Supply" for the third consecutive time, awarded by the International Institute for Procurement and Supply, a leading global organization in developing procurement standards...
Sharjah Room Concludes the “Al Dhaid Nights and Filli Nights” Initiative
The Sharjah Chamber of Commerce and Industry concluded its initiative “Al Dhaid Nights and Fily Nights” as part of the Sharjah Ramadan Festival 2026, announcing the winners of major raffles for two Nissan Patrol vehicles, along with a host...
Dubai’s Economic Growth Reduces Allocations for 3 Banks by 21%
Three banks in Dubai have reduced their total provisions for impairment set aside during 2025 by 268 million dirhams, a decrease of 21%. At the same time, the net profits of four banks in the region reached approximately 35...
350,000 Visitors Drawn to 12 Exhibitions at Sharjah Expo in the First Quarter of 2026
The Sharjah Expo Center continues to solidify its role as a key driver for the growth of the exhibition and business tourism sectors in the emirate, having attracted over 350,000 visitors during the first quarter of 2026 through 12...
