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.
Abu Dhabi’s Etihad Airways plans to announce IPO this week
Etihad Airways plans a $1 billion IPO, offering a 20% stake to fund expansion as Abu Dhabi strengthens its position as a global aviation and tourism hub.
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-based ADNOC Drilling plans to invest over $1 billion
ADNOC Drilling plans to invest over $1 billion, expand in Oman and Kuwait, and boost offshore, onshore, and oilfield services as part of its growth strategy.
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.
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.
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.