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.
Abu Dhabi Chamber Strengthens Public-Private Partnership at “Business Meet Decision-Makers” Forum
The Abu Dhabi Chamber of Commerce and Industry organized the forum titled "Traders and Decision Makers" at the Abu Dhabi Energy Center, attracting prominent representatives from government agencies, private sector leaders, and entrepreneurs. The aim was to align national...
UAE Plans to Employ One Million Workers by 2030 Due to Economic Growth
The United Arab Emirates is projected to require approximately one million new workers by 2030 due to economic growth and the expansion of digital technology and artificial intelligence, according to the "ServiceNow and Pearson" report. This raises questions about...
Central Bank Package Affirms: Financial Stability is a Reality, Not a Forecast
The transformation of policies into tangible results has redefined financial stability in the UAE, particularly following the Central Bank's proactive support package. This strategic initiative has evolved from mere theoretical expectations to concrete indicators showcasing liquidity stability, continued funding...
Dubai South Unveils Package of Facilities for Businesses in the Business Park
Dubai South, the largest urban development project focused on aviation, logistics, and real estate sectors, has unveiled a flexible package of support aimed at small and medium-sized enterprises (SMEs) operating within its Business Park. This initiative aligns with...
Nouatum Ports Receives 9 Cranes Ahead of Opening of Egyptian Safaga Terminal
Today, Nawatim Ports, a division of Abu Dhabi Ports Group (ADX: ADPORTS) focused on international port operations, announced the arrival of three quay cranes and six rubber-tyred gantry cranes at its new multipurpose terminal in Safaga, Egypt. This significant...
Elyps Expands Its Project Portfolio with 30 New Initiatives in 2025
Empower for Insulated Pipe Systems (Ellips), a subsidiary of the Emirates Central Cooling Systems Corporation (Empower), has solidified its status as a leading supplier of insulated pipe system solutions in the region. This achievement is supported by a robust...
18,921 Licenses Issued by Sharjah Economic Department in Q1 2026
The Sharjah Economic Development Department announced that economic performance indicators demonstrated significant growth in the first quarter of 2026. The number of licenses issued and renewed during this period reached a total of 18,921, compared to 18,768 in the...
Waleed Al Awadi Appointed as Chair of the Regional Committee for International Securities Authorities
Walid Saeed Al Awadhi has been re-elected as the Chairperson of the Africa and Middle East Regional Committee of the International Organization of Securities Commissions (IOSCO) for the term 2026-2028. Al Awadhi currently leads the committee, which comprises 41...
Dubai Chamber Aims to Strengthen Intertrade with Oman
Dubai's Chambers explored ways to enhance the resilience of inter-trade with Oman during a visit on Monday led by Mohammad Ali Rashed Lootah, Director General of Dubai's Chambers, to the Al Batinah North Governorate's city of Sohar.During this visit,...
20.3 Billion Dirhams from Abu Dhabi Islamic Bank for Sustainable Project Financing 2025
Abu Dhabi Islamic Bank Announces Sustainable Financing Commitment
Abu Dhabi Islamic Bank, a leading institution in Islamic financial services, has announced plans to provide a total of AED 20.3 billion for sustainable project financing by the end of 2025. This...
