Dubai Land Department takes gold at Global AI Award 2025
Qatar's residential property market recorded 1,582 transactions worth approximately QR 6.2 billion (USD 1.7 billion) in Q1 2026, according to Knight Frank's latest
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Real Estate
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Real Estate
Qatar residential sales reach USD 1.7bn in Q1 2026
Qatar's residential property market recorded 1,582 transactions worth approximately QR 6.2 billion (USD 1.7 billion) in Q1 2026, according to Knight Frank's latest
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Middle East boards rank first globally on AI governance
Corporate boards across the Middle East are leading their global peers on AI governance and future readiness, according to Board Intelligence's latest Board
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Real Estate
Dubai luxury off-plan market logs AED 4.96 bn in May sales
Dubai's luxury off-plan residential sector generated nearly AED 4.96 billion in May from properties priced above AED 5 million, according to market analysis
Economy
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UAE banks raise deposit rates above Central Bank base rate
UAE banks are intensifying competition for retail deposits, offering savings rates significantly above the central bank's 3.65% base rate.
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KEZAD Group launches AED 112m SME hub in Abu Dhabi with 175 industrial units
Khalifa Economic Zones Abu Dhabi (KEZAD) Group has announced the development of a purpose-built SME Hub at KEZAD Al Ma'mourah, representing an investment
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AHS Properties acquires Shangri-La Dubai for AED 1.1bn in major Sheikh Zayed Road deal
Luxury developer AHS Properties, founded by Abbas Sajwani, has acquired the Shangri-La Dubai hotel on Sheikh Zayed Road for AED 1.1 billion, marking
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BlueFive Capital acquires 49% stake in LeasePlan Emirates from Ayvens
Abu Dhabi-based BlueFive Capital has acquired a 49% stake in LeasePlan Emirates through its BlueFive Reef PE Fund I, with Solutions+, a wholly
Economy
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Dubai Financial Market receives Swiss FINMA recognition as Foreign Trading Venue
Dubai Financial Market (DFM) has secured recognition from Switzerland's Financial Market Supervisory Authority as a foreign trading venue, enabling Swiss institutions supervised by
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UAE Federal Tax Authority expands VAT refund eligibility for Emirati home builders
The UAE Federal Tax Authority has broadened the scope of construction-related expenses eligible for VAT refunds for UAE nationals building new homes, in