News

KEZAD Group launches AED 112m SME hub in Abu Dhabi with 175 industrial units

Khalifa Economic Zones Abu Dhabi (KEZAD) Group has announced the development of a purpose-built SME Hub at KEZAD Al Ma'mourah, representing an investment of AED 112 million.

Read More
News

AHS Properties acquires Shangri-La Dubai for AED 1.1bn in major Sheikh Zayed Road deal

Luxury developer AHS Properties, founded by Abbas Sajwani, has acquired the Shangri-La Dubai hotel on Sheikh Zayed Road for AED 1.1 billion, marking one of the largest single-asset hospitality transactions in the emirate in recent years.

Read More
News

BlueFive Capital acquires 49% stake in LeasePlan Emirates from Ayvens

Abu Dhabi-based BlueFive Capital has acquired a 49% stake in LeasePlan Emirates through its BlueFive Reef PE Fund I, with Solutions+, a wholly owned subsidiary of Mubadala Investment Company, retaining the majority 51% holding.

Read More
Opinion

The UAE: one nation, one standard of care

President Sheikh Mohamed bin Zayed Al Nahyan recently approved the adoption of a unified national healthcare and health insurance system for all Emirati citizens across all seven emirates.

Read More
Economy News

Dubai Financial Market receives Swiss FINMA recognition as Foreign Trading Venue

Dubai Financial Market (DFM) has secured recognition from Switzerland's Financial Market Supervisory Authority as a foreign trading venue, enabling Swiss institutions supervised by FINMA to access DFM's trading platform directly and facilitating the listing of Swiss-incorporated equities in Dubai.

Read More
News

UAE Federal Tax Authority expands VAT refund eligibility for Emirati home builders

The UAE Federal Tax Authority has broadened the scope of construction-related expenses eligible for VAT refunds for UAE nationals building new homes, in an initiative effective for all claims submitted from 1 January 2026.

Read More
News

du and Open Innovation AI partner to deploy sovereign agentic AI infrastructure across UAE

Du and Open Innovation AI have signed an MoU to accelerate the adoption of sovereign agentic AI across UAE government entities and enterprises, with the UAE Cyber Security Council as a co-orchestrator of the agreement.

Read More
News

Safeen Drydocks secures AED 1.3bn in shipbuilding contracts for UAE and Nigeria

Safeen Drydocks, the joint venture between AD Ports Group and Dubai's Premier Marine Engineering Services, has signed two shipbuilding contracts totalling AED 1.3 billion.

Read More
Economy News

South African investment in Dubai surpasses AED 1bn over five years

South African investment in Dubai has exceeded AED 1 billion over the past five years, spanning key sectors including information and communications technology, pharmaceuticals, and food industries, according to Dubai Chambers.

Read More
News Real Estate

Sharjah real estate transactions hit AED 3.1bn in May

Sharjah's property market recorded AED 3.1 billion in real estate transactions across 7,119 deals in May, with total traded area in sales transactions reaching approximately 9.5 million square feet, according to the Sharjah Real Estate Registration Department.

Read More