ADNOC Distribution to acquire Shell Downstream South Africa in USD 1bn deal
ADNOC Distribution has signed a definitive agreement to acquire 100% of Shell Downstream South Africa from Shell South Africa Holdings at an implied
News
News
DAE and Neuberger Berman launch USD 6bn aircraft leasing platform
Dubai Aerospace Enterprise and Neuberger Specialty Finance have jointly launched Mustang Aerospace, a new aircraft leasing platform targeting USD 6 billion in aircraft
News
Qatar Ports log 40% cargo surge and 13% container volume jump in June 2026
Mwani Qatar's three ports – Hamad, Ruwais and Doha – posted strong month-on-month growth in June 2026, with 121 vessels calling during the
News
Saudi Arabia FDI inflows rise 2.4% to USD 7.09bn in Q1 2026
Foreign direct investment inflows into Saudi Arabia rose 2.4% year-on-year to USD 7.09 billion in the first quarter of 2026, according to investment
News
Real Estate
Dubai real estate logs AED 14bn in weekly transactions across 4,262 deals
Dubai Land Department recorded AED 14 billion in real estate transactions for the latest weekly reporting period, spanning 4,262 deals and underscoring continued
Economy
News
Dubai’s Executive Council approves AED 18bn package spanning infrastructure, culture and investment
Dubai's Executive Council, chaired by Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has approved an AED 18 billion package of
Economy
News
Abu Dhabi’s MGX closes AED 179bn Fund I with backing from global institutional investors
Abu Dhabi-based artificial intelligence investment firm MGX has closed its inaugural MGX Fund I at AED 179 billion, drawing capital from a broad
Economy
News
Dubai Financial Market hits AED 1tn as foreign investors cross 54% of trading activity
Dubai's stock exchange has reached AED 1 trillion in market capitalisation – quadrupling from AED 250 billion five years ago – as international
News
Real Estate
UAE real estate posts robust Q1 2026 growth
The UAE real estate sector recorded strong momentum in the first quarter of 2026, with transaction volumes rising sharply across both Abu Dhabi
News
UAE tops GCC construction race with 700 confirmed projects
The UAE holds the largest confirmed construction pipeline in the GCC with 700 execution-ready projects valued at AED 506 billion, according to the