News Real Estate

Dubai Land Department takes gold at Global AI Award 2025

Qatar's residential property market recorded 1,582 transactions worth approximately QR 6.2 billion (USD 1.7 billion) in Q1 2026, according to Knight Frank's latest Qatar Real Estate Market Review.

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News Real Estate

Qatar residential sales reach USD 1.7bn in Q1 2026

Qatar's residential property market recorded 1,582 transactions worth approximately QR 6.2 billion (USD 1.7 billion) in Q1 2026, according to Knight Frank's latest Qatar Real Estate Market Review.

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News

Middle East boards rank first globally on AI governance

Corporate boards across the Middle East are leading their global peers on AI governance and future readiness, according to Board Intelligence's latest Board Value Index, which surveyed more than 400 non-executive directors, CEOs and CFOs across the UK, US, Nordics and Middle East.

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News Real Estate

Dubai luxury off-plan market logs AED 4.96 bn in May sales

Dubai's luxury off-plan residential sector generated nearly AED 4.96 billion in May from properties priced above AED 5 million, according to market analysis by the Keturah luxury brand.

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Economy News

UAE banks raise deposit rates above Central Bank base rate

UAE banks are intensifying competition for retail deposits, offering savings rates significantly above the central bank's 3.65% base rate.

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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.

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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.

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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.

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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.

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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.

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