News

Qatari Diar to launch first phase of Hurghada Tourism City by end-2026

Qatari Diar, the real estate arm of the Qatar Investment Authority, is set to roll out the first phase of an integrated tourism city on Egypt's Red Sea coast before the end of 2026.

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News

ASAS Real Estate launches infrastructure works across 11 Sharjah land projects

ASAS Real Estate, the real estate arm of Sharjah Islamic Bank, has begun infrastructure development works across 11 residential, commercial and industrial land projects in the emirate.

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News

Saudi’s Crown Prince launches CEER’s first electric vehicles as Saudi auto ambitions take shape

Saudi Crown Prince Mohammed bin Salman has launched the first vehicles from CEER, the Kingdom's national automotive brand, unveiling the EXOBOT sedan and SUV as its flagship electric models.

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News

Sharjah advances power grid upgrade with AED 341m transmission pipeline

Sharjah Electricity, Water and Gas Authority (SEWA) has completed two electricity transmission projects worth more than AED 341 million, while 13 further schemes representing over AED 725 million of investment progress across the emirate.

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News

MBRIF and Dubai Future District Fund link federal and emirate-level startup support

The Mohammed Bin Rashid Innovation Fund (MBRIF), a Ministry of Finance initiative, has signed a memorandum of understanding with the Dubai Future District Fund (DFDF) to widen opportunities for high-growth-potential UAE startups.

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News

Microsoft commits more than USD 10bn to Gulf cloud and AI build-out by 2030

Microsoft plans to invest more than USD 10bn across the UAE, Saudi Arabia, Qatar and Kuwait between now and 2030, including cloud and AI infrastructure.

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News Real Estate

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

Dubai's real estate sector delivered 104 completed projects in the first half of 2026, with a combined investment value above AED 111 billion and 24,537 new units added to the market.

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Economy News

Dubai ranks ninth and Abu Dhabi 13th in Global Financial Centres Index

Dubai has been ranked ninth and Abu Dhabi 13th in the September 2026 edition of the Global Financial Centres Index, placing two UAE cities among the world's leading financial hubs.

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News

Qatar’s QIA signs USD 20bn investment partnership with JPMorgan Asset Management

The Qatar Investment Authority has formalised a USD 20 billion strategic partnership with J.P. Morgan Asset Management (JPMAM), signing a memorandum of understanding to establish a collaboration spanning public and private markets in equities and credit.

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News

UAE taps satellite technology to build quantum-secure communication network

Dubai's real estate market logged AED 14.04bn in total transactions for the week of September 14-18, according to Dubai Land Department data.

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