UAE gold hits record high
As geopolitical tensions rise and Trump announces sweeping tariffs, UAE gold prices soar to $3,080.76 per ounce, reinforcing gold’s role as a safe-haven asset amid market volatility.
Abu Dhabi Commercial Bank PJSC to sell troubled loans
Abu Dhabi Commercial Bank plans new sale of troubled loans amid regional debt cleanup
Abu Dhabi to be first city to operate flying taxis
Abu Dhabi becomes first city in the region to deploy flying taxis. ADA partners with Archer Aviation to launch Midnight eVTOL aircraft, revolutionizing urban travel.
UAE strengthens position in global sukuk market
Sukuk from Emaar and Aldar attract global investors as UAE real estate surges. With high yields and Sharia compliance, Dubai and Abu Dhabi become key sukuk hubs.
Cambridge Associates is expanding to Dubai
Cambridge Associates expands into the Middle East with a new office in Dubai’s DIFC, aiming to serve private investors, family offices, and institutions amid growing demand for global asset management.
World billionaires-2025
In March 2025, there will be 10 billionaires, whose careers and fortunes are worth examining. Their influence is felt in all areas of modern business, from tech titans to luxury and e-commerce tycoons.
UAE to launch 10-year investment program in US economy
The UAE will launch a 10-year, $1.4 trillion investment program in the US, focusing on AI, semiconductors, energy and manufacturing, following high-level talks in Washington.
UAE’s Taqa nears deal with Spain’s Naturgy Energy Group
Abu Dhabi’s Taqa is negotiating with CriteriaCaixa to buy into Spain’s €24 billion Naturgy Energy Group, aiming for strategic entry without majority control.
Blackrock and Emirates NBD announce new platform
Emirates NBD and BlackRock partner to create a new platform offering UAE investors exclusive access to private markets and alternative assets.
The UAE will see the first integrated resort Wynn Al Marjan Island
Wynn Al Marjan Island in Ras Al Khaimah will feature the UAE’s first licensed casino resort with 1,542 rooms, luxury villas, fine dining, retail space, and beachfront entertainment.