S&P Global Ratings has raised its forecast for Oman's real GDP growth in 2026 to 3.5% from 1.6%, citing higher oil production, stronger energy prices and increased trade and logistics activity, while affirming the sultanate's BBB- long-term and A-3 short-term sovereign ratings with a stable outlook.
Beijing-headquartered, publicly listed investment bank China Securities has received a license from the DIFC Authority to establish its regional presence in the Dubai International Financial Centre, and is also authorised by the Dubai Financial Services Authority (DFSA).
Qatari Diar, the real estate arm of the Qatar Investment Authority, is set to roll out the first phase of an integrated tourism city on Egypt's Red Sea coast before the end of 2026.
ASAS Real Estate, the real estate arm of Sharjah Islamic Bank, has begun infrastructure development works across 11 residential, commercial and industrial land projects in the emirate.
Saudi Crown Prince Mohammed bin Salman has launched the first vehicles from CEER, the Kingdom's national automotive brand, unveiling the EXOBOT sedan and SUV as its flagship electric models.
Sharjah Electricity, Water and Gas Authority (SEWA) has completed two electricity transmission projects worth more than AED 341 million, while 13 further schemes representing over AED 725 million of investment progress across the emirate.
The Mohammed Bin Rashid Innovation Fund (MBRIF), a Ministry of Finance initiative, has signed a memorandum of understanding with the Dubai Future District Fund (DFDF) to widen opportunities for high-growth-potential UAE startups.
Microsoft plans to invest more than USD 10bn across the UAE, Saudi Arabia, Qatar and Kuwait between now and 2030, including cloud and AI infrastructure.
Dubai's real estate sector delivered 104 completed projects in the first half of 2026, with a combined investment value above AED 111 billion and 24,537 new units added to the market.
Dubai has been ranked ninth and Abu Dhabi 13th in the September 2026 edition of the Global Financial Centres Index, placing two UAE cities among the world's leading financial hubs.
Sign up for our free newsletter