News

Saudi Arabia and Kuwait launch first joint private sector business body

Saudi Arabia and Kuwait have announced the launch of their first jointly established, private sector-led business body, marking a new phase in bilateral economic cooperation and GCC integration.

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KKR opens Abu Dhabi office, reinforcing emirate’s private equity appeal

KKR has opened a new office in Abu Dhabi, underscoring growing confidence among US private equity firms in the emirate’s long-term investment environment.

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Red Sea Global and Bunat VC deepen AI push with Saudi-focused venture fund

Red Sea Global and Bunat Ventures have launched a dedicated artificial intelligence venture fund to support early- and growth-stage AI startups in Saudi Arabia, strengthening the Kingdom’s innovation and digital economy ecosystem.

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News Real Estate

Dubai to enable secondary-market trading of tokenised properties

Dubai Land Department (DLD) will launch Phase II of its Real Estate Tokenisation Project on February 20, enabling the resale of tokenised properties in the secondary market under a controlled regulatory framework.

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News

Dubai launches Global Microbiome Ecosystem to drive health and longevity innovation

Dubai Future Foundation, the Dubai Department of Economy and Tourism (DET) and Crescent Enterprises have launched a Dubai-based global microbiome research and development initiative aimed at advancing innovation in health, longevity and wellness.

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News Real Estate

RAK Properties posts 44% profit rise as residential sales surge

Aldar and Dubai Holding have expanded their real estate joint venture with the acquisition of two major land plots in Dubai that will deliver nearly 14,000 new homes, with a combined gross development value exceeding AED38 billion.

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News Real Estate

Aldar and Dubai Holding expand partnership with 14,000-home development plan

Aldar and Dubai Holding have expanded their real estate joint venture with the acquisition of two major land plots in Dubai that will deliver nearly 14,000 new homes, with a combined gross development value exceeding AED38 billion.

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News

Oman launches AED 8.81bn investment drive across manufacturing, tourism and digital economy

Oman has launched a AED 8.81 billion portfolio of manufacturing, tourism and digital economy projects under its 11th Five-Year Plan, reinforcing efforts to accelerate economic diversification and job creation.

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News

Canva to set up regional headquarters in Dubai to support SMEs

Canva will establish its regional headquarters in Dubai following an agreement with the Dubai Chamber of Digital Economy, reinforcing the emirate’s position as a hub for global technology companies.

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Economy News

DIFC posts record company growth in 2025 as expansion plans accelerate

Dubai International Financial Centre (DIFC) recorded a landmark year in 2025, adding a record 1,924 new companies and lifting the total number of active firms to 8,844.

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