Cosmo Developments, a joint venture between Abu Dhabi's Flag Holding Group and Reportage Group, has launched THE WADI, a mixed-use residential project on Yas Island carrying an estimated investment of AED 6 billion.
Nakheel, operating under the Dubai Holding umbrella, has awarded a main construction contract valued at more than AED 800 million for phases one and three of Bay Grove Residences at Dubai Islands.
Qatar's Ministry of Commerce and Industry has launched a dedicated e-commerce license framework under Decision No. 25 of 2026, enabling entrepreneurs to conduct approved commercial activities digitally through their own websites.
Arabian Travel Market 2026 closed in Dubai on September 17 with a 16% year-on-year rise in participation, as Gulf travel's recovery from seven months of regional disruption gathered momentum.
Dubai has approved the New Fourth Corridor, an 80km road project running from Al Faya Road in Abu Dhabi to Al Shanouf Road in Sharjah.
The Central Bank of the UAE (CBUAE) has increased its Base Rate by 25 basis points, moving from 3.65% to 3.9%, effective Thursday 17 September.
Three Saudi companies have formed a private real estate fund to deliver a SAR 2.8 billion (USD 746 million) mixed-use development within Knowledge Economic City (KEC) in Medina, with non-Saudi buyers squarely in their sights.
Emaar Hospitality Group used the Arabian Travel Market 2026, which opened in Dubai on September 14, to showcase a broadening development pipeline spanning hotels, branded residences, golf, wellness and dining across the UAE and Saudi Arabia.
Abu Dhabi's Department of Culture and Tourism (DCT) has upgraded the emirate's holiday home regulatory system, reducing approval times and introducing new digital tools for monitoring, inspections and compliance tracking.
The UAE's Federal Tax Authority has called on businesses with financial years ending December 31, 2025, to submit their Corporate Tax returns and settle any amounts due before September 30, 2026, to avoid administrative penalties.
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