Property has always been the backbone of family wealth in the Gulf region, and for good reason. It’s an asset the next generation can see and touch, unlike a share certificate or a fund statement.
The UAE presented its labour market strategy at the 12th BRICS Labour and Employment Ministers' Meeting, hosted by India in Hyderabad as part of its 2026 BRICS chairmanship.
The UAE's non-oil foreign trade reached AED 1.937 trillion in the first half of 2026, a new historic milestone for the national economy, according to a statement from Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, following the release of H1 trade figures.
Oman's real estate market generated total transaction value of RO 1.18 billion (USD 3.05 billion) in the first five months of 2026, a 5.5% increase from RO 1.11 billion (USD 2.8 billion) recorded over the same period last year, according to data from the National Centre for Statistics and Information.
Dubai's Drydocks World has completed one of the most complex ship recycling projects undertaken in the UAE, dismantling an Aframax vessel for client APT Global Marine and recovering more than 20,000 tonnes of steel, machinery, and other materials for sustainable reuse.
The National Bank of Oman (NBO) recorded a 14.9% year-on-year increase in preliminary net profit to USD 101.6 million for the first half of 2026, driven by broad-based balance sheet growth across lending, deposits, and income.
Saudi Arabia's Riyad Bank has established a SAR 10 billion Additional Tier 1 local currency sukuk programme, enabling the lender to issue perpetual Shariah-compliant capital instruments on an ongoing basis to strengthen its capital position, support growth, and manage liquidity.
Dubai property developer Mohamed Alabbar is planning housing, tourism, and infrastructure developments in Syria valued at a minimum of USD 20 billion, to be executed through his Abu Dhabi-based firm Eagle Hills – which has close ties to the emirate's ruling family – rather than his more widely known vehicle, Emaar Properties.
The Abu Dhabi Securities Exchange (ADX) Group and the Botswana Stock Exchange (BSE) have signed an agreement making the BSE the first African exchange to join the Tabadul cross-border trading hub, establishing a direct capital markets link between the Middle East and Africa.
Dubai's ready-home property transactions jumped 46.8% month-on-month in June 2026 – the strongest single-month rise in three years – according to ValuStrat data.
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