News

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 Launches Construction of a New Port to Bypass the Strait of Hormuz

The UAE is building a new port in Fujairah to bypass the Strait of Hormuz, strengthen supply chains, and improve regional logistics amid rising geopolitical tensions.

British Buyers Lead Dubai’s International Property Market in 2026

British investors became Dubai's largest foreign property buyers in 2026, driven by strong rental demand, tax advantages, and long-term investment opportunities.

Abu Dhabi Investment Joins as Partner for Host of Make it in the Emirates 2026

The "Made in the UAE 2026" initiative, a national platform for industrial growth and transformation, has announced that the Abu Dhabi Investment Office will serve as a partner in hosting the fifth and largest edition of the event. This...

Collaboration Between “ENOC” and “Emirates” to Ensure Aircraft Fuel Supplies

ENOC Group, a prominent player in the energy sector, has joined forces with Emirates Petroleum (Emarat), a leader in energy and retail sales in the UAE, to sign a memorandum of understanding aimed at establishing a framework for a...

The “Al-Ramz” General Assembly Approves Distribution of 38 Million Dirhams in Profits for 2025

The company "Al Ramz PJSC (ALRAMZ:UH)" has announced that its shareholders have approved the distribution of cash dividends amounting to 38 million dirhams (7 fils per share) for the fiscal year ending December 31, 2025, during the annual general...

The UAE: A Gateway for Chinese Companies to Showcase the Latest Automotive Technologies

Beijing – Ahmed Sadiq and Hamad Al Ali The United Arab Emirates has emerged as a key global platform for companies to launch their state-of-the-art technologies and products, particularly in the automotive sector. As Chinese firms rise as a formidable...

Dubai Investments Approves 25% Cash Dividend Distribution for 2025

Dubai Investments has announced a cash dividend distribution of 25%, equating to 0.25 AED per share, for the fiscal year ending December 31, 2025. This proposal was approved by shareholders during the company's 30th annual general meeting held on...

Tiger Shroff Invests in the “Breeze by Danube” Project

Bollywood star Tiger Shroff has made a significant investment in an apartment at "Breeze by Danube," a luxurious waterfront residential tower developed by Danube Properties, founded by Rizwan Sajan, the Chairman of the Danube Group. This investment enhances Danube's...

Dubai Real Estate Transactions Reach 15.6 Billion Dirhams in One Week

The real estate transactions in Dubai demonstrated strong performance last week, reaching a total value of 15.63 billion AED from 4,330 deals, according to data from the Land Department. This reflects a continued momentum across various sectors of the...

3.5 Trillion Dirhams in Bank Deposits by End of March with 17.5% Growth

During the past year, banks operating in the UAE attracted nearly half a trillion dirhams in new deposits, bringing the total deposit balance to approximately 3.5 trillion dirhams by the end of March, reflecting a year-on-year growth of 17.5%....

Ajman Chamber Explores Integration of Artificial Intelligence in the Education System

Business groups focused on the education sector in Ajman convened for a collaborative meeting to explore avenues for enhancing the educational environment. The discussions highlighted the importance of fostering partnerships between universities and schools, reviewing teacher licensing procedures, and...

The UAE’s Economy is the Most Resilient Against Challenges in the Gulf

Rapid Recovery of Dubai and Abu Dhabi Markets Reflects Financial ResilienceIncreasing Appeal of the UAE and GCC for Global InvestorsThe Emirati economy has established itself as the most fortified in the Gulf region, demonstrating its capability to withstand challenges...

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