Dubai Financial Market posts strong Q1 2025 results
Dubai Financial Market (DFM) has reported strong growth for the first quarter of 2025, fuelled by record trading activity and continued investor engagement.
Economy
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Real Estate
DAMAC launches Chelsea FC-themed residences
Chelsea Football Club has announced a landmark partnership with Dubai-based DAMAC Properties to launch Chelsea Residences by DAMAC.
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Real Estate
DLD and Awqaf Dubai sign property upgrade MoU
Dubai Land Department (DLD) has signed a memorandum of collaboration with Awqaf Dubai to enhance the performance and classification of the latter's real estate portfolio. The partnership aims to boost the competitiveness of endowment properties in the emirate’s market through DLD’s Building Classification Project.
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Real Estate
Jumeirah unveils new luxury developments in Dubai
Jumeirah Group has announced three major developments in Dubai. The new additions include a hotel and two residential projects, reflecting a strategic focus on boutique properties and branded residences. Leading the expansion is Jumeirah Asora Bay, a hotel/residence development set on the La Mer South peninsula. Scheduled to open in 2029, the coastal retreat will
Economy
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UAE launches dirham-backed stablecoin
The UAE is set to launch its first dirham-backed stablecoin in a joint initiative by IHC, ADQ, and First Abu Dhabi Bank (FAB), with full regulation from the Central Bank of the UAE (CBUAE). Once approved, the stablecoin will support seamless digital transactions across the UAE and beyond.
Economy
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Business events drive UAE socio-economic growth
Events and festivals are a major catalyst of socio-economic growth, according to experts speaking on day one of the Arabian Travel Market (ATM) 2025 that has opened at the Dubai World Trade Centre and will conclude on May 1 2025.
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UAE to host emerging tech summit in May
The Advanced Technology Research Council (ATRC) has partnered with the UAE Public Prosecution to announce the premiere of the Governance of Future Technologies Summit, set to be held on 5 - 6 May 2025.
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Mada Media launches platform for Dubai ad permits
Mada Media’s is launching a unified electronic platform aimed at streamlining permit applications across the Dubai. The new platform centralises all advertising categories, including roadside spaces, public transport networks, commercial vehicles, private property and buildings.
Entrepreneur
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Startup
Dubai to host 2026 global AI summit
Dubai will host a major international gathering in 2026 bringing together global AI thought leaders from a range of disciplines including academia, technology, and business.
Economy
Entrepreneur
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Startup
Dubai, South Africa to launch AI trade hub
Dubai is set to become the launchpad for a new AI trade and investment hub, following a strategic partnership between the Dubai Centre for Artificial Intelligence (DCAI) and the South African Artificial Intelligence Association (SAAIA). The initiative aims to boost cross-border collaboration and create fresh opportunities for AI startups and investors across EMEA.