Dubai Chamber welcomes 2,709 new member companies in March 2026
Dubai Chamber of Commerce added 2,709 new member companies in March 2026, reflecting continued investor confidence in Dubai as a business destination despite regional uncertainty.
Economy
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Economy
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UAE enters global top 10 exporters for first time with USD 1.64tn trade milestone
The UAE ranked 9th globally in goods exports in 2025, entering the world's top 10 for the first time according to the World Trade Organization's latest World Trade Prospects and Statistics report.
News
Dubai Municipality to install EV supercharging stations across 600 public parking spaces
Dubai Municipality has launched a AED 150 million initiative to install electric vehicle supercharging stations across 600 parking spaces in public parks, beaches and recreational facilities, in partnership with Emarat EV Charging Stations Company (UAEV).
News
Real Estate
Dubai property sales reach AED 176.7bn in Q1 2026 as off-plan demand holds firm
Dubai's property market recorded AED 176.7 billion in sales across nearly 48,000 transactions in Q1 2026, a 23.4% year-on-year increase in value and 5.5% rise in volume, according to fäm Properties.
Economy
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UAE Ministry of Economy and DFSA sign MoU to strengthen financial oversight
The UAE Ministry of Economy and Tourism and the Dubai Financial Services Authority (DFSA) have signed a memorandum of understanding to enhance regulatory cooperation and information sharing across auditors and Designated Non-Financial Businesses and Professions (DNFBPs) within their respective jurisdictions.
Economy
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UAE Ministry of Finance amends tax procedure regulations effective 1 April
The UAE's Ministry of Finance has introduced amendments to the executive regulations governing tax procedures, effective 1 April 2026, aligned with the updated Tax Procedures Law that came into force on 1 January 2026.
News
Kuwait approves USD 10bn capital budget for 2026-2027 amid regional conflict
Kuwait has approved capital expenditure of approximately KD 3 billion (USD 10 billion) for its 2026-2027 fiscal year, more than a third higher than the previous year, covering 117 new projects and 551 ongoing developments.
News
Real Estate
Dubai off-plan apartment sales hit AED 17.5bn in March despite regional conflict
Dubai's off-plan residential apartment market recorded AED 17.5 billion in sales during March 2026, a 12.9% increase year-on-year, according to analysis of Dubai Land Department data by Al Masdar Al Aqaari.
News
Whoop targets GCC expansion after UAE and Qatar back $575m fundraising
US wearable technology company Whoop has closed a $575 million Series G funding round at a $10 billion valuation, with participation from Abu Dhabi-listed 2PointZero Group, Mubadala Investment Company and the Qatar Investment Authority.
Economy
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Emirates NBD raises $2.25bn in tightest-ever syndicated loan pricing
Emirates NBD has secured $2.25 billion in long-term financing, comprising a $1.75 billion five-year syndicated loan – nearly doubled from its $1 billion launch size – and a separate $500 million Sharia-compliant Murabaha facility.