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UAE insurance sector assets reach AED 164.9bn in 2025 as profits jump 54%

The UAE insurance industry closed 2025 with total assets of AED 164.9 billion, a 6.1% rise from AED 155.5 billion a year earlier, as gross written premiums surged 14.9% to AED 74.8 billion and sector profits climbed 54% to AED 4 billion from AED 2.6 billion in 2024.

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UAE credit reports now incorporate micro-loans

Micro-loan obligations are now reflected in UAE credit reports following Etihad Credit Bureau's integration of account data from CashNow, a product of Botim Finance – formerly Quantix – which is part of the Astra Tech group.

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Saudi Arabia signs SAR 4.35bn battery storage agreements for 2,000MW of grid capacity

Saudi Arabia's Saudi Power Procurement Company has signed four Storage Service Agreements for the Kingdom's first group of Battery Energy Storage System projects, representing a combined investment exceeding SAR 4.35 billion.

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Oman’s public revenue rises 13% in H1 2026

Oman's public revenues climbed 13% year-on-year to OMR 6.602 billion in the first half of 2026, up from OMR 5.839 billion in the same period of 2025, driven by stronger hydrocarbon performance.

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ADX-listed companies post 38% profit growth in H1 2026

Companies listed on the Abu Dhabi Securities Exchange posted a 38% year-on-year rise in aggregate profits during the first half of 2026, with 100 of 101 actively traded firms submitting audited financial statements within the required 45-day window – a 99% compliance rate.

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News Real Estate

Dubai real estate completes 104 projects worth AED 111bn in H1 2026

Dubai's real estate sector completed 104 projects in the first half of 2026, a 38.7% jump from 75 in the same period last year, according to Dubai Land Department data.

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News Real Estate

Dubai on track for highest home deliveries since 2008

Dubai's residential market is set to complete approximately 55,600 units in 2026 – the highest annual handover volume since 2008 – with around 32,000 of those expected in the second half of the year

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News Real Estate

UAE listed developers post 24% profit surge in H1 2026

Combined net profits of nine listed UAE real estate developers rose 24% year-on-year to AED 21.88 billion in the first half of 2026, from AED 17.62 billion in the same period of 2025.

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News Real Estate

Abu Dhabi residential sales triple to AED 70.4bn in H1 2026

Abu Dhabi's residential property market posted a near-tripling of sales value in the first half of 2026, reaching AED 70.4 billion, with off-plan transactions accounting for 89% of sales value and 82% of all deals.

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News Startup

Oraseya Capital and NQubator sign MoU to strengthen UAE early-stage tech pipeline

Oraseya Capital has signed a memorandum of understanding with NQubator to build a structured framework for identifying, developing, and channelling investment-ready startups into Dubai's venture capital ecosystem.

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