UAE Business

Dubai’s real estate market sees record growth amid strong demand
UAE

Dubai’s real estate market sees record growth amid strong demand

As developers rush to meet demand, 2025 is projected to see a 41% surge in residential handovers, adding over 42,000 new units.

Abu Dhabi’s property market sees AED 10.6 billion in January 2025
UAE

Abu Dhabi’s property market sees AED 10.6 billion in January 2025

The report highlights that sales transactions totaled AED 6.5 billion across 1,730 deals, while mortgage transactions amounted to AED 3.9 billion through 756 agreements.

Salary tops jobseekers’ priorities in MENA as hiring trends shift
UAE

Salary tops jobseekers’ priorities in MENA as hiring trends shift

The report offers insights into salary expectations, benefits preferences, and workplace trends, based on a July 2024 survey of over 2,100 professionals, with 93% based in the UAE and 7% in Saudi Arabia.

Dubai developers launch ultra-luxury mansions and penthouses to attract global buyers
UAE

Dubai developers launch ultra-luxury mansions and penthouses to attract global buyers

Ultra-high-end residences, priced between $60 million and $120 million, are attracting affluent buyers from Europe, Asia, and the Americas.

New Ooredoo subsea cable to connect GCC, enhance global data flow
Sci-Tech

New Ooredoo subsea cable to connect GCC, enhance global data flow

Ooredoo plans to build a strategic undersea cable connecting Gulf Arab states to enhance data transfers between Europe and Asia.

UAE grants $790 million in tax refunds for nationals building new homes and expands VAT waivers for tourists
UAE

UAE grants $790 million in tax refunds for nationals building new homes and expands VAT waivers for tourists

The Federal Tax Authority (FTA) revealed that its digital VAT refund systems achieved remarkable results in 2024, driven by continuous advancements in digitalization.

UAE launches limited edition silver coin
UAE

UAE launches limited edition silver coin

The coin commemorates an important occasion and reflects the country’s cultural and economic achievements.

Minister of Economy spotlights UAE’s competitive advantages at Davos 2025
UAE

Minister of Economy spotlights UAE’s competitive advantages at Davos 2025

Minister of Economy emphasised the private sector's role as a key partner in driving national economic growth and boosting its competitiveness at both regional and international levels.

Build your perfect day at the Sharjah Entrepreneurship Festival 2025
UAE

Build your perfect day at the Sharjah Entrepreneurship Festival 2025

Festival will take place on February 1 and 2 at the Sharjah Research, Technology, and Innovation Park

GCC telecom operators target European growth through investments
Sci-Tech

GCC telecom operators target European growth through investments

Telecom operators in the GCC target mergers and acquisitions to expand their business and geographic footprints.

Abu Dhabi unveils digital strategy to lead AI-driven governance
UAE

Abu Dhabi unveils digital strategy to lead AI-driven governance

The strategy aims to fully digitize government operations, adopt sovereign cloud computing and deploy more than 200 AI solutions, driving innovation and efficiency across the emirate.

Dubai says everyone’s happy. The numbers back it up
UAE

Dubai says everyone’s happy. The numbers back it up

Annual report reveals government entities achieved customer happiness score of 93.8%, employee happiness score of 86.7%.

Abu Dhabi property market 2024: A year of growth and opportunity
UAE

Abu Dhabi property market 2024: A year of growth and opportunity

In the affordable apartment segment, Al Reem Island emerged as the top choice for buyers seeking affordable, upscale options.

Dubai free zone to launch Crypto Tower for AI, blockchain businesses
UAE

Dubai free zone to launch Crypto Tower for AI, blockchain businesses

Located in JLT, building will feature NFT gallery, car dealership, exclusive club and offices for crypto startups

FY 2024 Dubai real estate market highlights: A year of growth and transition
UAE

FY 2024 Dubai real estate market highlights: A year of growth and transition

Dubai's real estate market achieved unprecedented growth in FY2024, with total transactions exceeding AED 450 billion.

GCC workforce sees major shifts in public, private sectors
UAE

GCC workforce sees major shifts in public, private sectors

The Statistical Centre for the Cooperation Council for the Arab Gulf States reports increased labor mobility among GCC member states.

Abu Dhabi’s ADQ leads $16M funding round for French crypto firm Dfns
UAE

Abu Dhabi’s ADQ leads $16M funding round for French crypto firm Dfns

Further Ventures leads funding for Paris-based crypto wallet technology firm Dfns

UAE's Masdar launches facility to produce 1GW of uninterrupted renewable energy
UAE

UAE's Masdar launches facility to produce 1GW of uninterrupted renewable energy

UAE Minister of Industry and Advanced Technology Sultan Al Jaber calls project a significant step in transforming renewable energy into baseload power

Abu Dhabi's ADQ plans to launch takeover of Aramex, boost logistics portfolio
UAE

Abu Dhabi's ADQ plans to launch takeover of Aramex, boost logistics portfolio

The cash offer will be launched through ADQ's unit Q Logistics Holding at a price of 3 dirhams ($0.82) per share.

DP world hits a 100 million milestone
UAE

DP world hits a 100 million milestone

The achievement is a testament to over $11 billion in strategic investments and infrastructure development over the last decade.