News

UAE pledges USD 5bn to India in energy and AI push

The UAE has committed USD 5 billion to India's energy and AI sectors following an official visit by President HH Sheikh Mohamed bin Zayed Al Nahyan to New Delhi, where he met Prime Minister Narendra Modi to advance their comprehensive strategic partnership.

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Emirates breaks ground on USD 5.1bn MRO mega-complex at Dubai South

Emirates has broken ground on a USD 5.1 billion engineering complex at Dubai South set to become the world's most advanced maintenance, repair and overhaul (MRO) facility.

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News Real Estate

UAE property market holds firm despite regional conflict

The UAE real estate sector has demonstrated notable resilience in the face of regional instability, with 59 new projects worth AED 118.3 billion launched since the military conflict involving the US, Israel and Iran escalated on 28 February.

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Mubadala Energy takes stake in USD 13bn US LNG project

Mubadala Energy has joined Kimmeridge and CPP Investments as an equity participant in the Commonwealth LNG export facility in Cameron Parish, Louisiana.

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Dubai climbs to fourth in IMD Smart City Index 2025

Dubai has risen eight places to rank fourth globally in the IMD Smart City Index 2025, retaining its position as the top-ranked city in the GCC, the Arab world, and Asia.

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News Startup

TruKKer secures AED 1.1bn securitisation facility from ADCB

Middle East trucking platform TruKKer has secured an AED 1.1 billion securitisation facility from Abu Dhabi Commercial Bank (ADCB), marking a landmark shift in how GCC technology startups access capital.

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Sharjah attracts AED 7.74bn in FDI as project numbers jump 45%

Sharjah drew AED 7.74bn in foreign direct investment in 2025, an 8.8% year-on-year increase, while the number of FDI projects surged 45% to 142, up from 98 in 2024, according to Invest in Sharjah citing fDi Markets data.

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UAE corporate tax penalty waiver reaches over 68,600 businesses

The Federal Tax Authority has confirmed that more than 68,600 taxable persons benefited from the UAE's Corporate Tax Late Registration Penalty Waiver initiative across 2025 and into 2026, with the figure expected to surpass 91,000 as further businesses register for the Cabinet-approved scheme.

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Abu Dhabi launches 24 PPP projects worth AED 55bn

The Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Projects and Infrastructure Centre (ADPIC) have unveiled a new pipeline of 24 public-private partnership projects valued at AED 55 billion, to be brought to market across 2026 and 2027.

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News Real Estate

Aldar acquires Dubai Studio City Project for AED 1.1bn

Abu Dhabi developer Aldar Properties has purchased a residential and community retail development in Dubai Studio City from private developer SRG for AED 1.1 billion.

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