UAE signs five deals worth $1.58 billion at IDEX 2025
The UAE secured five military contracts at Idex 2025, including major deals with local firms, as it strengthens its defense sector and economic diversification.
DIFC revenues rise 37 percent to record $484 million
Dubai International Financial Centre reported record revenue growth, expanding its financial and AI sectors while attracting global firms to its thriving business hub.
At IDEX 2025 a Qatari defense company signed its first agreement with an Emirati company
Barzan Holdings and UAE’s EDGE signed a defense cooperation agreement at IDEX 2025 in Abu Dhabi, marking a new era of military collaboration between the nations.
Gulf markets fall on US tariff concerns
Major Gulf stock markets fell as uncertainty over US President Trump’s tariff policies unsettled investors, impacting key indexes in Dubai, Abu Dhabi, and Qatar.
UAE company unveils new surveillance technology at IDEX 2025
Abu Dhabi-based Eneron introduced Magnus and Magnum, AI-driven surveillance and border security vehicles, redefining tactical mobility at IDEX 2025.
Sheikh Hamdan opens largest-ever IDEX in Abu Dhabi
Sheikh Hamdan opened IDEX 2025, the biggest edition in its history, featuring 1,565 companies from 65 countries and highlighting defense innovation and global security.
Dubai developers reap big profits from homebuyers
Dubai’s luxury property market surged in 2024, with developers like Emaar and Binghatti doubling profits as expat demand and foreign investment drive growth.
General Atlantic buys Dubai-based fragrance company Huda Beauty
General Atlantic invests in Huda Beauty’s fragrance unit, Kayali, which will operate independently as founder Mona Kattan remains CEO after the deal.
Dubai’s Smart Rent Index stabilizes rental prices
The Dubai Land Department’s Smart Rent Index regulates rent increases, curbs inflation, and enhances fairness in the real estate sector through AI-driven market insights.
Philippines and UAE to restore world’s most polluted river
The Philippines and UAE signed an agreement to clean up the Pasig River, with the Clean Rivers Foundation committing $20 million to environmental restoration efforts.