UAE Business

AI and robotics power Al Maktoum Airport's 260 million passenger vision
UAE

AI and robotics power Al Maktoum Airport's 260 million passenger vision

Contracts awarded for key infrastructure at Al Maktoum International Airport.

Yas Island just got more magical: Disneyland arrival to fuel real estate surge
UAE

Yas Island just got more magical: Disneyland arrival to fuel real estate surge

Disneyland Abu Dhabi set to boost real estate demand on Yas Island and surrounding hotspots.

MENA registers 14 IPOs valued at $2.4 billion in Q1 2025
UAE

MENA registers 14 IPOs valued at $2.4 billion in Q1 2025

This marks an increase of four IPOs compared to the same period last year.

Dubai ranked top global destination for creative industry FDI for third year
UAE

Dubai ranked top global destination for creative industry FDI for third year

Dubai ranked #1 globally for foreign direct investment in the cultural and creative industries for the third year in a row, attracting $5.1 billion and over 23,500 new jobs in 2024.

Dubai tests robot food delivery with Yango Group
Sci-Tech

Dubai tests robot food delivery with Yango Group

Yango Group has launched a four-month pilot in Expo City Dubai using autonomous, AI-powered robots to deliver food, marking a major step in smart city innovation.

Abu Dhabi Ports Group to develop major industrial zone in Egypt in $120M deal
UAE

Abu Dhabi Ports Group to develop major industrial zone in Egypt in $120M deal

Abu Dhabi Ports is investing $120M to develop a 50-year industrial and logistics zone in East Port Said, Egypt — a strategic hub near the Suez Canal.

Dubai Holding to list 12.5% stake in residential REIT in Dubai’s first IPO of 2025
UAE

Dubai Holding to list 12.5% stake in residential REIT in Dubai’s first IPO of 2025

The REIT, managing over 35,000 units in top communities like City Walk and Bluewaters, is set to become the largest listed REIT in the GCC.

MAG to tokenize $3 billion in real estate in landmark deal with MultiBank and Mavryk
Sci-Tech

MAG to tokenize $3 billion in real estate in landmark deal with MultiBank and Mavryk

MAG is bringing luxury properties like The Ritz-Carlton Residences and Keturah Reserve onto the blockchain.

UAE defies global slowdown: IMF sees strong growth in 2025 and 2026
UAE

UAE defies global slowdown: IMF sees strong growth in 2025 and 2026

Gulf economies show varied resilience, but the UAE stands out amid global downgrades, outperforming broader MENA growth expectations.

UAE registers over 500,000 entities for corporate tax and VAT
UAE

UAE Hits Milestone with 500,000 Entities Registered for Tax and VAT

Over 1 million entities are now registered for corporate tax and VAT in the UAE, marking a major expansion of the country’s tax base.

Sri Lanka set to launch energy hub talks with India and UAE
UAE

Sri Lanka set to launch energy hub talks with India and UAE

Sri Lanka, India, and the UAE are teaming up to build a major energy hub in Trincomalee, aiming to boost Sri Lanka’s post-crisis recovery.

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin
UAE

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin

Stablecoins are digital tokens designed to keep a constant value backed by traditional currencies such as the US dollar

Nad Al Sheba Mall officially opens in Dubai
UAE

Nad Al Sheba Mall officially opens in Dubai

Nad Al Sheba Mall has officially opened, offering over 100 outlets and premium wellness facilities in a community-focused setting.

World Bank expects MENA's economy to grow in 2025
UAE

World Bank expects MENA's economy to grow in 2025

The United Arab Emirates and Saudi Arabia lead the region’s rebound.

Al Baraka Forum, Spectreco to launch first Shariah-compliant ESG index
UAE

Al Baraka Forum, Spectreco to launch first Shariah-compliant ESG index

AI-powered benchmark aims to provide ethical, transparent investment tools for Islamic finance in the GCC, Europe, and Southeast Asia

UAE’s chocolate market thrives amid global cocoa price surge
UAE

UAE’s chocolate market thrives amid global cocoa price surge

Dubai’s viral pistachio-tahini “Dubai chocolate” reflects a broader shift toward unique, high-end products that blend tradition with trend.

Dubai’s property market shifts from investment hub to lifestyle destination
UAE

Dubai’s property market shifts from investment hub to lifestyle destination

Dubai is shifting from an investment hotspot to a lifestyle destination, as more global buyers seek permanent homes rather than short-term assets.

ADNOC drilling wins $1.63 billion offshore services contract
UAE

ADNOC drilling wins $1.63 billion offshore services contract

The five-year deal for Integrated Drilling Services (IDS) strengthens ADNOC Drilling’s role as a regional leader in offshore energy solutions and reinforces its long-term revenue model.

ADQ, IHC, and Modon launch Gridora to lead UAE infrastructure growth
UAE

ADQ, IHC, and Modon launch Gridora to lead UAE infrastructure growth

Formed by ADQ, IHC, and Modon Holding, Gridora is a dedicated platform designed to deliver large-scale infrastructure projects through private and public-private partnerships — locally, regionally, and globally.

Dubai real estate hits AED142 billion in Q1 2025
UAE

Dubai real estate hits AED142 billion in Q1 2025

From 10% ROI on budget homes to 21% price jumps in luxury villas — 2025 is a win for every type of investor.