News

UK-UAE trade could reach GBP 30bn by 2030

Bilateral trade between the UK and the UAE could reach GBP 30 billion by 2030, according to Lord Davies of Abersoch, UK chair of the UAE-UK Business Council.

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News Real Estate

Aldar makes AED 1.1bn Sharjah debut with Aljada residential acquisition

Abu Dhabi-based Aldar Properties has agreed to acquire nine residential buildings in Arada’s Aljada master development for AED 1.1 billion, its first real estate investment in Sharjah.

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News

Sharjah launches Najm AI agent to streamline investor site selection

Invest in Sharjah, the emirate’s FDI office, has launched Najm, an agentic AI tool designed to act as a first point of contact for investors seeking land, partners and market intelligence.

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News

Standard Chartered secures VARA license to launch client crypto trading in UAE

Standard Chartered has made the UAE its first market where individual clients can buy and sell bitcoin and ether directly through its mobile app, and says it is the first international lender in the country to offer direct digital-asset trading through its own app.

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News

UAE and China review Comprehensive Strategic Partnership in Beijing talks

Khaldoon Khalifa Al Mubarak, Presidential Special Envoy to China and Chairman of Abu Dhabi’s Executive Affairs Authority, has met Chinese Foreign Minister Wang Yi in Beijing to review bilateral ties under the Comprehensive Strategic Partnership established in 2018.

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News Real Estate

Sharjah property transactions climb 5.6% to AED 46.8bn in nine months

Sharjah’s real estate market recorded AED 46.8 billion in transactions during the first nine months of 2026, a 5.6% increase on the AED 44.3 billion posted over the same period last year, according to data from the Sharjah Real Estate Registration Department.

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Economy News

UAE wealth forecast to reach USD 6tn by 2030

UAE net wealth is projected to climb to USD 6 trillion by the end of 2030, adding more than USD 2.3 trillion over five years at 10.6% annual growth, according to Boston Consulting Group’s Global Wealth Report 2026: The Great Reordering.

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Economy News

UAE General Budget Committee advances draft 2027–2029 federal budget

The UAE General Budget Committee has held its 15th meeting to review the draft federal budget under the medium-term strategic plan for the 2027–2029 fiscal years, with deliberations centred on fiscal year 2027.

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News

Abu Dhabi Islamic Bank shareholders approve AED 1.75bn rights issue

Shareholders of Abu Dhabi Islamic Bank (ADIB) have approved a rights issue to raise about AED 1.75 billion to fund growth under the lender’s Vision 2035 strategy, following a General Assembly vote on October 6.

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News

Bahrain’s Fintech Forward 2026 closes with more than 60 deals and agreements

Bahrain’s Fintech Forward 2026 concluded on October 8 at Exhibition World Bahrain with more than 60 memorandums of understanding, strategic agreements and announcements spanning digital payments, trade finance, artificial intelligence and financial infrastructure.

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