Saudi Arabia's Kingdom Holding Company has appointed Sumou Real Estate as exclusive development manager for a 3.07 million square metre plot in Riyadh, with total projected sales of SAR 4 billion (USD 1.06 billion).
Abu Dhabi's real estate market recorded its strongest quarter on record in Q1 2026, with transactions reaching AED 66 billion across 13,518 deals – a 160.7% increase in value year-on-year, according to the Abu Dhabi Real Estate Centre.
The UAE has unveiled plans for an AED 6 billion Fourth Federal Corridor, a 68km motorway featuring 10 junctions, six to eight lanes and four flyovers, designed to reduce congestion and improve connectivity across the emirates.
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.
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.
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).
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.
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.
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.
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.
Sign up for our free newsletter