Opinion

Dubai built something great in its healthcare sector. Now comes the real test.

Fifteen years ago, a GCC resident needing a complex cardiac procedure, spinal surgery, or a difficult cancer operation would, almost as a matter of reflex, book a flight to London, Houston or Bangkok. The assumption was that for any serious condition, you went abroad.

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News

Dubai Municipality to install EV supercharging stations across 600 public parking spaces

Dubai Municipality has launched a AED 150 million initiative to install electric vehicle supercharging stations across 600 parking spaces in public parks, beaches and recreational facilities, in partnership with Emarat EV Charging Stations Company (UAEV).

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News Real Estate

Dubai property sales reach AED 176.7bn in Q1 2026 as off-plan demand holds firm

Dubai's property market recorded AED 176.7 billion in sales across nearly 48,000 transactions in Q1 2026, a 23.4% year-on-year increase in value and 5.5% rise in volume, according to fäm Properties.

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Economy News

UAE Ministry of Economy and DFSA sign MoU to strengthen financial oversight

The UAE Ministry of Economy and Tourism and the Dubai Financial Services Authority (DFSA) have signed a memorandum of understanding to enhance regulatory cooperation and information sharing across auditors and Designated Non-Financial Businesses and Professions (DNFBPs) within their respective jurisdictions.

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Economy News

UAE Ministry of Finance amends tax procedure regulations effective 1 April

The UAE's Ministry of Finance has introduced amendments to the executive regulations governing tax procedures, effective 1 April 2026, aligned with the updated Tax Procedures Law that came into force on 1 January 2026.

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News

Kuwait approves USD 10bn capital budget for 2026-2027 amid regional conflict

Kuwait has approved capital expenditure of approximately KD 3 billion (USD 10 billion) for its 2026-2027 fiscal year, more than a third higher than the previous year, covering 117 new projects and 551 ongoing developments.

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News Real Estate

Dubai off-plan apartment sales hit AED 17.5bn in March despite regional conflict

Dubai's off-plan residential apartment market recorded AED 17.5 billion in sales during March 2026, a 12.9% increase year-on-year, according to analysis of Dubai Land Department data by Al Masdar Al Aqaari.

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News

Whoop targets GCC expansion after UAE and Qatar back $575m fundraising

US wearable technology company Whoop has closed a $575 million Series G funding round at a $10 billion valuation, with participation from Abu Dhabi-listed 2PointZero Group, Mubadala Investment Company and the Qatar Investment Authority.

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Economy News

Emirates NBD raises $2.25bn in tightest-ever syndicated loan pricing

Emirates NBD has secured $2.25 billion in long-term financing, comprising a $1.75 billion five-year syndicated loan – nearly doubled from its $1 billion launch size – and a separate $500 million Sharia-compliant Murabaha facility.

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Economy News

AD Ports Group net profit rises 16% to AED 21bn on double-digit revenue growth

AD Ports Group closed 2025 with revenue up 20 percent year-on-year to AED 21 billion, driven by expansion across its ports, economic cities, free zones, and maritime and shipping clusters.

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