Dubai climbs to seventh in global financial centres ranking
Dubai has reached its highest ever position in the Global Financial Centres Index (GFCI), rising to seventh place globally among 137 assessed centres
Economy
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UAE online sales surge as conflict keeps shoppers at home
UAE consumers are shifting rapidly to e-commerce as security concerns stemming from the Iran conflict reduce footfall at malls and public spaces, according
News
CBUAE foreign assets top AED 1.084tn as balance sheet surpasses AED 1.119tn
The Central Bank of the UAE (CBUAE) closed January 2026 with foreign assets of AED 1.084 trillion, up from AED 1.058 trillion at
News
Saudi Arabia and Bahrain launch new maritime link via MSC Gulf Shuttle
The Saudi Ports Authority (Mawani) has launched a direct maritime service between King Abdulaziz Port in Dammam and Khalifa Bin Salman Port in
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Real Estate
Dubai real estate transactions surge 29.7% to AED 50.58bn during Ramadan 2026
Dubai's property market defied its traditional Ramadan slowdown, recording 15,196 transactions worth AED 50.58 billion between 18 February and 19 March – a
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Imtiaz Developments acquires AED 2bn Downtown Jebel Ali plot
Imtiaz Developments has purchased a plot in Downtown Jebel Ali with an estimated development value of AED 2 billion, signalling continued confidence in
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Arada begins construction of Reigate school in Masaar
Arada has awarded an AED 183 million contract to Al Rehab Al Arabi Building Contracting Company for the construction of a new K-12
Economy
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Saudi Ports Authority launches Sharjah–Saudi trade corridor
The Saudi Ports Authority has launched a new trade bridge linking Sharjah in the UAE with Saudi Arabia, aimed at improving cross-border cargo
News
Saudi Arabia boosts Red Sea shipping capacity with new services
Saudi Arabia has introduced five new maritime shipping services to strengthen trade routes via the Red Sea, ensuring supply-chain continuity amid regional disruptions
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talabat UAE offers 100 rent-free cloud kitchens to support local brands
talabat UAE has launched an initiative to provide 100 rent-free cloud kitchen spaces to homegrown restaurant brands, aiming to ease cost pressures and