Tag: Business

Dubai Office Market Gains Momentum as Premium Supply Tightens

Dubai office demand strengthens as limited premium supply lifts rents, commercial sales and off-plan investment across the emirate in 2026.

UAE enters final stage of summer as cooler season approaches

The UAE enters the final phase of summer as Al Kulaybin and Suhail signal a gradual seasonal transition, while hot weather is expected to continue through August.

Dubai’s Property Market Gains Momentum as Buyers Prioritise Communities

Dubai's property market reached AED 252 billion in Q1 2026 as investors increasingly prioritise connected communities, long-term value and lifestyle-driven developments.

Abu Dhabi’s Mubadala buys stakes in US Gas Companies

Abu Dhabi’s Mubadala buys into US gas and LNG projects, marking a major move in America's energy sector amid a $1.4 trillion UAE investment push.

UAE encourages its richest families to create structures

The UAE encourages its richest families to create formal governance and family offices to manage $1 trillion in assets and prevent succession disputes.

Singapore-based RV Capital to open Dubai office

RVCapital Management joins global shift to Dubai with new DIFC office and $1bn AUM, tapping Gulf sovereign capital and Asia-Europe trading advantages.

Investments on the Abu Dhabi stock exchange increased by 151%.

ADX attracts AED8.54bn in foreign capital in Q1 as new trading systems, ETFs, and tech-driven reforms position it as a top financial hub amid global volatility.

Maksym Krippa: What We Know About One of the Country’s Most Influential Entrepreneurs

We tell you about Maksym Krippa and his investments: from IT and video games to esports, hospitality, and premium real estate.

UAE andIndia to develop Sri Lanka energy hub

In a strategic move to counter Chinese influence, the UAE and India have joined Sri Lanka to develop a major energy hub in Trincomalee, expanding Abu Dhabi’s Indian Ocean footprint and offering Colombo critical post-crisis investment and fuel access.

US energy secretary Wright to visit UAE

Amid plunging oil prices and global energy tensions, Secretary Chris Wright will kick off a two-week trip to the UAE, Saudi Arabia and Qatar to push for increased production, assess nuclear cooperation, and align Gulf partners with Washington’s evolving energy strategy.

UAE oil sector growth slows in March

UAE oil sector growth slowed in March 2025 as the PMI fell to 54.0, the lowest in six months. New orders and job growth declined, but purchasing activity remained strong.

Absa forms team in UAE financial center

South Africa’s Absa Group is forming a team in Dubai to launch operations in 2026. The bank aims to boost African-Gulf investment ties, focusing on sectors like infrastructure and energy.

EU to decide on ADNOC’s acquisition of Covestro

The European Commission will decide by May 12, 2025, on ADNOC’s takeover of Covestro, a €15.9 billion deal that could reshape the global chemicals industry and expand ADNOC’s high-tech materials portfolio.

Business