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.
News
Real Estate
News
Middle East leads global AI investment shift, UAE ranks second
The Middle East has emerged as the world’s leading region for AI investment momentum, with the UAE ranking second globally, according to the Global Wealth AI Optimism Index.
News
Qatar Airways named world’s most emission-efficient large carrier
Qatar Airways has been named the most emissions-efficient airline among the world’s largest carriers, according to Cirium’s 2025 EmeraldSky Annual Review.
Economy
News
WeThrive launches as UAE platform for residency, business setup, and CV Referral Support
WeThrive is a single online platform where UAE professionals and SMEs can apply for residency, register a business at a subsidised rate, or access CV referral support – all in one place. Dubai, UAE – [Date] – Creative Zone, in partnership with a number of stakeholders, has launched WeThrive, a new UAE-based initiative designed to
News
UAE tax law changes take effect, fines reduced
New amendments to UAE tax regulations have come into force, with the Federal Tax Authority (FTA) confirming reduced administrative penalties under Cabinet Decision No. 129 of 2025.
Economy
News
UAE Central Bank to develop unified e-KYC platform
The Central Bank of the UAE (CBUAE) has partnered with Norbloc AB to build a nationwide e-KYC platform, streamlining customer verification across the financial sector.
News
Dubai partners with HSBC to accelerate global investment flows
The Dubai Department of Economy and Tourism (DET) has signed a strategic partnership with HSBC Bank Middle East Limited to attract international corporates, institutional investors, and ultra-high-net-worth individuals to Dubai.
News
ADX profits surge to AED 200bn as governance drives market confidence
Companies listed on the Abu Dhabi Securities Exchange (ADX) reported a 17% year-on-year increase in net profits, exceeding AED 200 billion ($54.46 billion) in FY2025, reinforcing the link between strong governance and financial performance.
News
IHC expands global footprint with USD 1.4bn hospitality acquisition
A unit of International Holding Company (IHC) has acquired a majority stake in British businessman Richard Caring’s hospitality empire in a deal valued at over USD 1.4 billion, according to the Financial Times.
News
Real Estate
Sobha expands into Abu Dhabi with AED 40bn master development
Dubai-based Sobha Realty has launched a AED 40 billion residential project in Abu Dhabi, signalling sustained confidence in the emirate’s long-term property market.