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Retal signs USD 800m deal for Oman’s Sultan Haitham City

Retal Urban Development Company has signed a USD 800 million agreement with Omani authorities to develop three neighbourhoods within Sultan Haitham City, the

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Eagle Hills partners Awqaf Abu Dhabi on AED 1bn endowment project

Eagle Hills has signed a memorandum of understanding with Awqaf Abu Dhabi to develop a AED1 billion commercial project supporting the “Mother of

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Sharjah real estate transactions hit AED 4.6bn during Ramadan

Sharjah’s property market recorded strong momentum during Ramadan 2026, with total transactions reaching AED 4.6 billion, marking a 71.8% increase year-on-year.

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UAE Central Bank unveils resilience package to support lenders

The Central Bank of the UAE has introduced a comprehensive “resilience package” to support the banking sector and wider economy amid ongoing regional

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UAE introduces up to 50% tax credit for R&D investment

The UAE Ministry of Finance has launched the first phase of its Research and Development (R&D) Tax Incentives Programme, offering businesses tax credits

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Vision Hospitality acquires Bla Bla Dubai in expansion move

Vision Hospitality, the parent company of McGettigan’s, is acquiring Bla Bla Dubai as it expands its footprint across the UAE’s nightlife and leisure

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Saudi to build USD 370m bio-protein plant in Jubail

Saudi Industrial Investment Group is developing a USD 370 million bio-protein facility in Jubail Industrial City to support the growth of Saudi Arabia’s

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Drake & Scull revenue more than doubles to AED 224m

Drake & Scull International reported strong growth in 2025, with revenue rising 116% year-on-year to AED 224 million (USD 61 million), driven by

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Majid Al Futtaim profit jumps 41% to AED 3.6bn in FY25

Majid Al Futtaim Holding reported strong financial performance in FY2025, with net profit rising 41% year-on-year to AED 3.6 billion (USD 980 million),

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S&P affirms Ras Al Khaimah ‘A’ rating with stable outlook

S&P Global has affirmed Ras Al Khaimah’s long-term and short-term credit ratings at ‘A/A-1’ with a stable outlook, citing prudent fiscal management and

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