The World Bank has projected that economic growth in GCC countries will rise to 3.2% in 2025, with 4.5% in 2026 and 4.8% in 2027. The latest Global Economic Prospects report also highlights a regional rebound in the wider MENA region.
Abu Dhabi has introduced revised real estate regulations aimed at creating a more adaptable and investor-friendly environment. The Department of Municipalities and Transport (DMT) announced the changes as part of the emirate’s broader strategy to position itself as a global hub for property investment.
The UAE’s legal technology landscape received another boost with local startup Qanooni raising $2m in a pre-seed funding round. Qanooni is developing an AI-powered platform designed to enhance legal workflows by integrating seamlessly with tools like Microsoft Outlook and Word.
Dubai Holding Real Estate subsidiary Meraas has launched Jumeirah Residences Emirates Towers, a new residential development in central Dubai.
Reolink, a global leader in smart security technology, has officially launched in the Middle East through strategic partnerships with Trigon Gulf in the UAE and AAMAAL in Saudi Arabia and Oman.
Abu Dhabi-based live events company Ethara has unveiled the UAE’s first dedicated sports entrepreneurship incubator, the Ethara 1TW Innovation Hub (E1H).
Abu Dhabi Global Market (ADGM) recorded a 33% year-on-year increase in assets under management during Q1 2025, reflecting strong investor confidence and the continued success of its strategic initiatives.
Tourism spending across the Middle East is set to increase to nearly $350bn by 2030, according to new projections released in the ATM Travel Trends Report 2025.
The Khalifa Fund for Enterprise Development has announced a new collaboration with Inovartic Investment to accelerate the growth of the UAE’s gaming sector. The initiative aims to support emerging game developers through a combination of incubation, expert training, and financial backing.
Aldar Properties has unveiled plans for Fahid Island, a large-scale coastal development in Abu Dhabi valued at over $10.9bn. The project will span 2.7 million sq. metres and feature 11 km of coastline, including 4.6 k, of beachfront and surrounding areas.
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