Tag: Economy

Dubai Leads Global Creative FDI as Investment Reaches $3.76bn

Dubai attracted 754 creative-industry FDI projects worth $3.756bn in 2025, creating 19,304 jobs and strengthening its position as a global investment hub.

Dubai Office Boom Reshapes Commercial Property Investment in 2026

Dubai office transactions nearly triple to AED 15.81bn in H1 2026 as investors shift toward premium, income-generating commercial assets.

Dubai Opens New Paths to Property Ownership for First-Time Buyers

Dubai widens property access through first-time buyer incentives, flexible rent payments and policies supporting long-term residential demand.

UAE aluminum exports to US surge ahead of Trump tariffs

UAE aluminum exports to the US hit a two-year high in March as buyers rushed to stock up before Trump’s 25% tariff took effect, reshaping global trade flows.

UAE strengthens its global leadership in artificial intelligence

Dubai Police warns of severe penalties for red light violations, including AED 50,000 fines, black points, and vehicle impoundment to enhance road safety.

Dubai ranks first in the world in attracting investment

Dubai leads the world in FDI projects, attracting $14.24 billion in 2024, reinforcing its status as a top global investment and business hub.

Dubai Customs Seizes 10.8 Million Counterfeit Goods in 2024

Dubai Customs strengthens anti-counterfeit efforts with 54 seizures, training programs, and smart technology to safeguard intellectual property and trade.

Ducab Metals Business expands production in UAE

Ducab Metals Business enhances UAE’s manufacturing sector with expanded production, global trade partnerships, and increased exports, driving industrial growth and economic diversification.

DWTC and Informa Group to create new company Informa International

Dubai World Trade Centre and Informa Group join forces to create Informa International, a global exhibitions powerhouse set to drive MICE sector growth across the Middle East, South Asia, and Africa.

Talabat acquires Instashop platform for $32 million

Talabat finalizes the $32M acquisition of InstaShop, integrating the leading MENA grocery platform while maintaining its independent brand within Talabat’s retail vertical.

Abu Dhabi ADGM reports 32% rise in company registrations

Abu Dhabi’s financial hub ADGM saw a 32% surge in company registrations in 2024, driven by growing private equity ties and a threefold increase in assets under management.

21 billionaires living in Dubai and 24 billionaires reside in the UAE

Dubai ranks 28th among cities with the most billionaires, hosting 21, while the UAE ranks 22nd among countries with 24 billionaires, according to the 2024 Hurun Global Rich List.

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.

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