UAE non-oil foreign trade hits historic AED 1.937tn in H1 2026
The UAE's non-oil foreign trade reached AED 1.937 trillion in the first half of 2026, a new historic milestone for the national economy,
Economy
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Real Estate
Oman real estate transactions reach USD 3bn in first five months of 2026
Oman's real estate market generated total transaction value of RO 1.18 billion (USD 3.05 billion) in the first five months of 2026, a
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Drydocks World completes complex green ship recycling project to recover over 20,000 tonnes of material
Dubai's Drydocks World has completed one of the most complex ship recycling projects undertaken in the UAE, dismantling an Aframax vessel for client
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National Bank of Oman posts 14.9% profit surge in H1 2026
The National Bank of Oman (NBO) recorded a 14.9% year-on-year increase in preliminary net profit to USD 101.6 million for the first half
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Riyad Bank establishes SAR 10bn AT1 sukuk programme to bolster capital base
Saudi Arabia's Riyad Bank has established a SAR 10 billion Additional Tier 1 local currency sukuk programme, enabling the lender to issue perpetual
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Alabbar’s Eagle Hills plans USD 20bn development push across Syria
Dubai property developer Mohamed Alabbar is planning housing, tourism, and infrastructure developments in Syria valued at a minimum of USD 20 billion, to
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ADX Tabadul hub welcomes Botswana Stock Exchange as first African member
The Abu Dhabi Securities Exchange (ADX) Group and the Botswana Stock Exchange (BSE) have signed an agreement making the BSE the first African
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Real Estate
Dubai ready-home transactions surge 46.8% in strongest monthly rise in three years
Dubai's ready-home property transactions jumped 46.8% month-on-month in June 2026 – the strongest single-month rise in three years – according to ValuStrat data.
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Real Estate
Sharjah real estate transactions hit AED 29.5bn in H1 2026
Sharjah's real estate sector recorded total transaction value of approximately AED 29.5 billion in the first half of 2026, a 9.3% increase on
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Dubai diamond trade hits record AED 153.1bn in 2025
Dubai's diamond trade reached a record AED 153.1 billion in 2025, surpassing the previous peak of AED 150.2 billion set in 2011, according