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.

Selling Land in Airport City Area for 183.6 Million Dirhams

The Dubai Land Department has recorded a new transaction involving the sale of a residential plot located in the "Airport City" area of Dubai South within the Discovery Dunes project, with a total value of AED 183.6 million.According to...

Installation of the First Wind Turbine for the “East Anglia 3” Project Featuring 115-Meter Blades

Companies "Masdar" and "Scottish Power" have achieved a significant milestone in the UK offshore wind industry with the installation of the first wind turbine for the "East Anglia 3" project. This turbine features blades measuring 115 meters in length,...

Dubai International Financial Centre Becomes the First Financial Hub Worldwide to Fully Embrace Artificial Intelligence

The Dubai International Financial Centre (DIFC), a premier financial hub in the Middle East, Africa, and South Asia, has unveiled a groundbreaking strategic initiative aimed at embedding artificial intelligence (AI) within its legal frameworks, operational environment, infrastructure, and talent...

Ministry of Finance Launches E-Invoicing System to Support Digital Transformation in the UAE

The Ministry of Finance has unveiled the Electronic Invoicing System (4-Corner model), marking a significant advancement in the digital transformation journey of the United Arab Emirates. This initiative allows businesses to seamlessly exchange electronic invoices via approved channels.This system...

DiAR Announces Handover of 1,436 Property Units Across 3 Projects in Dubai

In a significant announcement, Deyaar Development PJSC, a comprehensive real estate company listed on the Dubai Financial Market and one of the leading developers in the UAE, revealed the handover of 1,436 residential units across three of its major...

Emirates Solitaire Achieves Rating from Belgian Civil Aviation Authority

Solitair, the UAE-based air freight company that focuses on business and airport-to-airport shipping services, has announced that it has achieved ACC3 certification, allowing it to operate secure air cargo and mail services to European Union countries. This certification was...

Khalifa Fund Introduces Instant Financing Application Initiative

The Khalifa Fund for Enterprise Development has launched an initiative called “Instant Funding Application,” which serves as an innovative platform designed to simplify the process for entrepreneurs seeking direct funding by providing instant eligibility assessments, along with dedicated teams...

Licenses Conduct 16,000 Inspection Visits Throughout 2025

The Planning and Development Department – Licensing, which operates under the Ports, Customs, and Free Zone Corporation, is continuing its essential role in enhancing operational safety within its jurisdiction by implementing a comprehensive regulatory framework. This framework integrates inspections,...

Volkswagen Plans to Reduce Its Annual Production to 9 Million Vehicles

The German automotive giant Volkswagen is planning to significantly reduce its production capacity in response to challenging market conditions.Oliver Blume, the CEO of the company, stated in an interview with Manager Magazin: "We are currently considering an additional reduction...

Emsteel Showcases Its Solutions in the Steel Industry at ‘Make it in the Emirates’

Emsteel is showcasing its advanced and sustainable solutions in the steel and iron industry at the fifth edition of "Made in the UAE 2026". This comprehensive platform highlights its developed operational capabilities and innovative system within the steel sector.Throughout...

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