Mubadala takes USD 1bn minority stake in China’s Luckin Coffee
Abu Dhabi's Mubadala Investment Company has agreed to acquire a significant minority stake in Luckin Coffee in a transaction valued at approximately USD
Economy
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Economy
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UAE’s BRICS membership drives 28.5% surge in non-oil trade to USD 312bn
The UAE is participating in the 18th BRICS Summit in New Delhi, with its membership generating measurable trade momentum.
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Emirates carries 8.7 million passengers as August 2026 capacity recovery hits 93%
Emirates carried more than 8.7 million passengers across July and August 2026, with seat capacity restored to 93% by the end of the
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Real Estate
Dubai freehold rental market accelerates towards all-time record
Dubai's freehold rental market continued its record-breaking momentum in August 2026, with 39,645 rental contracts registered across the emirate's freehold areas, a 3.79%
News
Abu Dhabi investment platform acquires 30% stake in Bugatti Rimac
Abu Dhabi-based BlueFive Capital has completed the acquisition of a 30% equity stake in Bugatti Rimac from Porsche AG, becoming the second-largest shareholder
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ADGM assets surge 54% in H1 2026 as AI capital tops USD 100bn
Abu Dhabi Global Market (ADGM) posted a record first half of 2026, with assets under management jumping 54% year on year to extend
Economy
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UAE climbs to world’s second-largest crypto hub with perfect tax score
The UAE has vaulted from fifth to second place in the Henley & Partners Crypto Adoption Index 2026, cementing its position as a
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Real Estate
Dubai rental searches jump 44% over summer as tenants weigh affordability and lifestyle
Dubai rental searches surged 44% year-on-year between June and late August 2026, with Bayut data showing residents actively comparing communities across price points
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Real Estate
Abu Dhabi property transactions hit AED 155bn in eight months to surpass full-year 2025
Abu Dhabi's real estate market has recorded AED 155 billion in transactions through August 2026, already exceeding the AED 142 billion registered across
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Sukoon Takaful and Ajman Bank partner to expand Sharia-compliant insurance access
Sukoon Takaful and Ajman Bank have signed a memorandum of understanding to broaden customer access to Sharia-compliant Takaful products, combining the bank's distribution