News

ADNOC Distribution to acquire Shell Downstream South Africa in USD 1bn deal

ADNOC Distribution has signed a definitive agreement to acquire 100% of Shell Downstream South Africa from Shell South Africa Holdings at an implied enterprise value of approximately USD 1 billion, subject to regulatory approvals and expected to close in 2027.

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News

DAE and Neuberger Berman launch USD 6bn aircraft leasing platform

Dubai Aerospace Enterprise and Neuberger Specialty Finance have jointly launched Mustang Aerospace, a new aircraft leasing platform targeting USD 6 billion in aircraft investments over the medium term.

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News

Qatar Ports log 40% cargo surge and 13% container volume jump in June 2026

Mwani Qatar's three ports – Hamad, Ruwais and Doha – posted strong month-on-month growth in June 2026, with 121 vessels calling during the period, a 21% increase on May.

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Saudi Arabia FDI inflows rise 2.4% to USD 7.09bn in Q1 2026

Foreign direct investment inflows into Saudi Arabia rose 2.4% year-on-year to USD 7.09 billion in the first quarter of 2026, according to investment indicators released by the Ministry of Investment, as the broader economy expanded 3% in real GDP terms with oil and non-oil activities contributing equally at 2.9% growth apiece.

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News Real Estate

Dubai real estate logs AED 14bn in weekly transactions across 4,262 deals

Dubai Land Department recorded AED 14 billion in real estate transactions for the latest weekly reporting period, spanning 4,262 deals and underscoring continued depth across all transaction categories.

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Economy News

Dubai’s Executive Council approves AED 18bn package spanning infrastructure, culture and investment

Dubai's Executive Council, chaired by Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, has approved an AED 18 billion package of strategies and projects spanning infrastructure, culture, trade, digital governance and Islamic finance in further pursuit of the emirate's D33 economic agenda.

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Economy News

Abu Dhabi’s MGX closes AED 179bn Fund I with backing from global institutional investors

Abu Dhabi-based artificial intelligence investment firm MGX has closed its inaugural MGX Fund I at AED 179 billion, drawing capital from a broad consortium of institutional and private investors spanning the Gulf, North America, Asia and Europe.

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Economy News

Dubai Financial Market hits AED 1tn as foreign investors cross 54% of trading activity

Dubai's stock exchange has reached AED 1 trillion in market capitalisation – quadrupling from AED 250 billion five years ago – as international participation crosses a historic threshold, with foreign investors now accounting for 54% of total trading liquidity for the first time.

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News Real Estate

UAE real estate posts robust Q1 2026 growth

The UAE real estate sector recorded strong momentum in the first quarter of 2026, with transaction volumes rising sharply across both Abu Dhabi and Dubai, according to the Central Bank's latest quarterly report.

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News

UAE tops GCC construction race with 700 confirmed projects

The UAE holds the largest confirmed construction pipeline in the GCC with 700 execution-ready projects valued at AED 506 billion, according to the Abu Dhabi Chamber of Commerce and Industry's latest sector report.

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