News Real Estate

UAE extends corporate tax Small Business Relief until end of 2029

The UAE Ministry of Finance has extended its Small Business Relief scheme for corporate tax purposes by three years, allowing eligible businesses to continue claiming the benefit through tax periods ending on or before 31 December 2029.

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News Real Estate

Emaar posts 21% revenue growth in H1 2026

Emaar Properties delivered a resilient H1 2026 performance, with revenue rising 21% to AED 23.9 billion, EBITDA up 24% to AED 12.9 billion, and net profit before tax climbing 23% to AED 12.8 billion, supported by balanced contributions across development, recurring income, and international operations.

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News

RAK draws AED 771.5m in H1 2026 investment

Ras Al Khaimah (RAK) attracted AED 771.5 million in new investment during the first half of 2026, with 967 establishments joining the RAK Chamber of Commerce and Industry.

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News

Dubai South Business Hub partners with Sony to bring tech tools and training to UAE startups

Dubai South Business Hub Free Zone (DSBH) has signed a strategic partnership with Sony Middle East and Africa.

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RAK retail property prices surge up to 348% in H1 2026

Retail property prices in Ras Al Khaimah (RAK) recorded dramatic year-on-year gains in the first half of 2026, with Al Marjan Island averaging AED 19.7 million per unit – up 348% – and RAK Central rising 254% to AED 11.9 million, according to Property Finder data.

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News

ADNOC Distribution posts record H1 net profit of USD 568m

ADNOC Distribution recorded a 59% year-on-year increase in net profit to a record USD 568 million in the first half of 2026, supported by record fuel volumes, network expansion, inventory gains, and non-fuel retail growth.

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Economy News

Alpha Dhabi H1 net profit surges 48% to AED 9.8bn

Abu Dhabi-listed Alpha Dhabi Holding posted a 48% year-on-year increase in net profit to AED 9.8 billion for the first half of 2026, with revenue rising 5% to AED 37.6 billion and adjusted EBITDA climbing 7% to AED 9.3 billion.

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Economy News

DFM trading volumes surge 40% in H1 2026

The Dubai Financial Market (DFM) recorded a 40% increase in total traded value during the first half of 2026, with the number of trades rising 31% to 2.23 million and average daily traded value climbing 45% year-on-year to exceed AED 1 billion.

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News Real Estate

Dubai delivers record 24,800 new homes in H1 2026

Dubai added 24,800 residential units in the first half of 2026, a 37.6% year-on-year increase and the strongest half-year delivery period on record, according to Cavendish Maxwell's Dubai Residential Market Performance report.

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Economy News

UAE Capital Market Authority abolishes 15 fees in drive to reduce regulatory burden

The UAE Capital Market Authority (CMA) has eliminated 15 fees following a comprehensive review of its fee framework, with the board-approved decision aimed at lowering costs for licensed companies and individuals operating in the country's capital markets.

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