Economy News

Dubai Chamber hosts D33 roundtable with business councils

Dubai Chamber of Commerce has hosted a roundtable discussion to outline the key objectives of the Dubai Economic Agenda (D33) for the business councils operating under its umbrella.

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Economy News

WTO reports UAE foreign trade hit $1.42tr in 2024

The UAE’s total foreign trade soared to $1.42tr in 2024, marking a 49% increase from $952.9bn in 2021, according to the World Trade Organisation’s latest World Trade Outlook and Statistics report.

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News

New cultural landmark opens in Abu Dhabi

teamLab Phenomena Abu Dhabi has opened in the Saadiyat Cultural District. The landmark multi-sensory experience spreads across 17,000-square-metres and is designed as a living, breathing art space.

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Economy News

Abu Dhabi targets $24.5bn tourism boost

Abu Dhabi’s Department of Culture and Tourism is aiming for the tourism sector to contribute $24.5bn to the emirate’s non-oil GDP by 2030. The sector is projected to generate $16.9bn in 2025, a 13% increase on 2024.

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News

Talabat and Emarat partner to drive sustainability

Talabat has signed a Memorandum of Understanding (MoU) with Emirates Petroleum Company PJSC, marking a strategic partnership aimed at innovation, community impact, and long-term sustainability.

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News Real Estate

DLD signs 11 deals to boost real estate innovation

Dubai Land Department (DLD) has signed 11 strategic agreements with a range of local and international partners, reinforcing its commitment to transparency and service excellence in the real estate sector. The signings took place at the International Property Show (IPS) 2025.

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Economy News

Mubadala Invests $600m in Nord Anglia

Abu Dhabi’s Mubadala Investment Company has announced a $600m investment in Nord Anglia Education, securing a minority stake in the global private school network. The move sees Mubadala join an international consortium led by investment firm EQT, alongside partners including Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, and Dubai Holding.

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Economy News Real Estate

Dubai property market breaks records in Q1 2025

Dubai’s real estate sector posted its strongest first-quarter performance in over a decade. Both transaction volume and value reached historic levels according to Property Finder’s Q1 2025 Insights.

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Economy Entrepreneur News Startup

Dubai AI Week to host $272k competition

The first-ever Dubai AI Week will run from 21–25 April. The event will bring together more than 10,000 participants from over 100 countries for a landmark exploration of AI’s impact on business and society.

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Economy News

S&P says GCC banks resilient to trade shocks

Gulf banks are well-positioned to weather the economic fallout from rising global trade tensions according to a new report by S&P Global Ratings.

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