KKR secures backing from UAE climate investor ALTÉRRA
KKR has secured a commitment from ALTÉRRA to expand its Global Climate Transition Strategy, targeting investments across energy, infrastructure and decarbonisation.
News
News
Dubai unveils AED 34bn Gold Line metro expansion
Dubai has approved a new AED 34 billion metro line, expanding its rail network by 25% as part of long-term urban growth plans.
News
Real Estate
Aldar–Mubadala JV acquires Masdar City asset for AED 654m
Aldar Properties and Mubadala Investment Company have acquired The Link at Masdar City for AED 654 million, expanding their joint real estate portfolio.
Economy
News
Emirates Development Bank hits AED 1bn monthly financing milestone
Emirates Development Bank has reached AED1 billion in monthly financing approvals, reinforcing its role in driving the UAE’s industrial and economic diversification agenda.
News
Nakheel awards AED 527m Dubai Islands infrastructure contract
Nakheel has awarded an AED 527 million contract to Al Nasr Contracting Company to develop infrastructure for Island B at Dubai Islands.
News
Saudi Energy, Acwa sign USD 3.1bn Mecca power expansion deal
ACWA Power and Saudi Energy have signed a power purchase agreement with Saudi Power Procurement Company to expand the Rabigh 2 independent power plant near Mecca.
Opinion
Make global residency your next big move
It’s 2026, and Singapore continues to hold the top spot on the Passport Index. This ranking is a stark reminder that the circumstances of your birth can shape how easily doors open later in life.
Opinion
The end of competition? How the partnership economy is driving growth in the UAE
For most of modern business history, competition has been the dominant story. Companies protected their market share, outmanoeuvred rivals, and measured success by how effectively they outperformed their competitors.
News
Real Estate
Abu Dhabi and Aldar launch 9,000 affordable rental homes
Abu Dhabi’s Department of Municipalities and Transport has partnered with Aldar to deliver 9,000 rental homes across two major communities in Mohamed bin Zayed City and Baniyas.
News
Real Estate
Dubai commercial property sales top AED 37.9bn as market shifts upmarket
Dubai’s commercial property market recorded AED 37.9 billion (USD 10.3 billion) in sales during Q1 2026, up 30% year-on-year, despite a modest 3% dip in transaction volumes.