Arada commits AED 2bn to build 800-bed UAE hospital network
UAE master developer Arada is rolling out a four-hospital healthcare network backed by AED 2 billion in total investment, as the company accelerates
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Economy
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UAE tourism posts record AED 49.2bn in hotel revenue for 2025
The UAE welcomed more than 32 million hotel guests in 2025, generating Dh49.2 billion in hotel revenues – a 9.7% year-on-year increase –
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Mumtalakat posts 87% profit surge on McLaren and aluminium gains
Bahrain's sovereign wealth fund Mumtalakat recorded an 87% jump in net profit for 2025, with earnings attributable to shareholders rising to BHD 593
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Real Estate
Dubai real estate posts AED 21bn week as Q1 surge continues
Dubai's real estate market recorded AED 21 billion in transactions over the past week, according to the Dubai Land Department, extending a sustained
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Real Estate
Aldar sells out Al Ghadeer Gardens at launch for AED 1bn
Aldar has sold out Al Ghadeer Gardens on its launch day, generating more than AED 1 billion in sales from the 437-villa and
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UK and GCC sign long-awaited free trade agreement
The UK and Gulf Cooperation Council (GCC) have finalised a free trade agreement after four years of negotiations, creating a framework intended to
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Core42 raises USD 550m to scale AI infrastructure in US and Europe
UAE-based AI infrastructure firm Core42 has secured USD 550 million through two structured trade finance facilities from HSBC, earmarked for accelerating its AI
Economy
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MGX backs USD 2.1bn AI drug design round
Abu Dhabi's MGX has joined a USD 2.1 billion Series B funding round for Isomorphic Labs, a UK-based AI-driven drug design company.
Economy
News
Sheikh Hamdan approves AED 1.5bn economic incentives package
Dubai has unveiled a second economic incentives package worth AED 1.5bn, approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum.
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ADGM revises AML and CTF framework as LPA numbers surge
The Abu Dhabi Global Market has published a comprehensive update to its Anti-Money Laundering and Counter-Terrorist Financing Risk Assessment for Legal Persons and