UAE and Bahrain sign AED 20bn currency swap deal to boost bilateral trade
The central banks of the UAE and Bahrain have signed a five-year currency swap agreement with a nominal value of AED 20 billion
Economy
News
News
Mubadala assets under management rise 17% to USD 385bn in 2025
Abu Dhabi sovereign wealth fund Mubadala Investment Company grew its assets under management by 17% to USD 385 billion in 2025, up from
News
Gulf markets surge as US-Iran ceasefire raises hopes of permanent peace deal
Stock markets across the Gulf rallied sharply on Wednesday after the US and Iran agreed to a two-week halt in hostilities, with Tehran
News
Kingdom Holding taps Sumou to develop Riyadh plot targeting USD 1.06bn in sales
Saudi Arabia's Kingdom Holding Company has appointed Sumou Real Estate as exclusive development manager for a 3.07 million square metre plot in Riyadh,
News
Real Estate
Abu Dhabi property market posts record AED 66bn quarter as FDI surges 423%
Abu Dhabi's real estate market recorded its strongest quarter on record in Q1 2026, with transactions reaching AED 66 billion across 13,518 deals
News
UAE announces AED 6bn fourth national motorway to ease congestion
The UAE has unveiled plans for an AED 6 billion Fourth Federal Corridor, a 68km motorway featuring 10 junctions, six to eight lanes
Economy
News
Dubai Chamber welcomes 2,709 new member companies in March 2026
Dubai Chamber of Commerce added 2,709 new member companies in March 2026, reflecting continued investor confidence in Dubai as a business destination despite
Economy
News
UAE enters global top 10 exporters for first time with USD 1.64tn trade milestone
The UAE ranked 9th globally in goods exports in 2025, entering the world's top 10 for the first time according to the World
News
Dubai Municipality to install EV supercharging stations across 600 public parking spaces
Dubai Municipality has launched a AED 150 million initiative to install electric vehicle supercharging stations across 600 parking spaces in public parks, beaches
News
Real Estate
Dubai property sales reach AED 176.7bn in Q1 2026 as off-plan demand holds firm
Dubai's property market recorded AED 176.7 billion in sales across nearly 48,000 transactions in Q1 2026, a 23.4% year-on-year increase in value and