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.

Dubai Real Estate Sings Beyond Regional Limits

The real estate market in Dubai is demonstrating remarkable resilience, kicking off April with strong momentum that reflects both a solid demand and investor confidence. In just two days, total property transactions reached approximately 9.7 billion AED, resulting from...

Fitch: UAE Banks Successfully Navigate the Stress Test

Fitch Ratings has confirmed that the financial sector in the United Arab Emirates possesses a strong capacity to endure pressures, bolstered by ample liquidity and high financial stability.The global credit rating agency conducted a rigorous stress test on the...

Alternative Pathways and Resilient Supply Chains Shield Markets from Fluctuations

Abdullah Al Saleh:9,000 inspections to regulate markets and stabilize prices1,260 hotels and 40,000 companies bolster the tourism sector in the country400 global cities and 100 ports safeguard the UAE's trade heritageNo allowances for increases in transportation and essential goods...

Economic Incentives Strengthen Flexibility and Growth of the Hospitality and Hotel Sector Along with the Business Community in Dubai

This week, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister, approved a set of economic incentives worth one billion dirhams. These measures align with the vision of Sheikh Mohammed bin...

Approves Financing for Expansion

The board of directors of Amanat Holdings has approved a financing plan amounting to 63.7 million dirhams, which will entail the issuance of new shares by its majority-owned subsidiary, Cambridge Health Group. In a recent announcement, the company stated that...

Emirates NBD Obtains Approval to Acquire RBL

The Emirates NBD Bank has received regulatory approvals from banking authorities in the UAE and India to acquire a majority stake in RBL Bank Limited, removing a key hurdle in finalizing the deal and facilitating the bank's expansion into...

UAE Defies Global Slowdown with Steady Growth in Employment

Entertainment, Education, and Retail Sectors Drive Demand Hybrid Jobs Account for 19.8% of Vacancies As the employment landscape in the United Arab Emirates (UAE) continues to show momentum in 2025, the country has transitioned into 2026 with a sustained vigor in...

Exploring the Enhancement of Trade and Investment Relations Between Dubai and India

The Dubai Chamber engaged with Dr. Deepak Mittal, the Indian Ambassador to the UAE, to explore opportunities for strengthening trade and investment links between Dubai and India, aiming to enhance mutual interests.During a recent meeting attended by Mohammed Ali...

Advanced Parking Structure for “Azizi Tower” Features 14 Levels

Azzizi Developments has announced significant progress in the construction of its first parking facility associated with the Azzizi Tower. This 14-story structure is located on Sheikh Zayed Road and is intended to support the iconic Azzizi Tower, which is...

Dubai South Opens Distribution Center for “Hellmann Caliber” in the Logistics Area

Dubai South, the largest urban development project focusing on aviation, logistics, and real estate, has inaugurated a new distribution center for Hellmann Caliber Healthcare Logistics within its logistics zone. This development mirrors the increasing demand for specialized healthcare logistics...

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