Dubai, UAE -- Aldar said it generated AED1.5 billion ($408 million) in sales from the launch of The Canopies, the...
Revenue, occupancy drive earnings higher
Dubai, UAE -- Dubai's Emirati Supplier Programme facilitated a record AED1.78 billion ($485 million) in contracts for Emirati-owned small and medium-sized...Emirati Supplier Programme awards a record AED1.78bn in contracts to local SMEs, up 38% from 2024.
Government procurement exceeds AED1bn for the first time, accounting for 58% of all contracts.
Qatar attracted $3.4 billion in foreign direct investment across 373 projects in 2025, a 52% increase in new investments from...Qatar attracted $3.4 billion across 373 FDI projects, generating more than 15,000 jobs during 2025, Invest Qatar reported.
Greenfield investments exceeded half of capital inflows as medium- and high-technology projects accounted for nearly half of total investments.
The index scores the distance between current prices and their historic relationships with local rents, incomes and mortgage debt. A...Fifth place measures how far and how fast Dubai has repriced, not how fragile it is.
The realistic downside is an orderly cooling, concentrated primarily in the over-supplied districts named above, not a credit-driven fall across the city
Dubai, UAE -- Emirates is marking a significant milestone in the expansion of its cargo fleet by becoming the first...The aircraft (A6-EBK) will enter commercial service with a flight from Hong Kong to Dubai carrying over 100 tones of cargo.
The converted Boeing 777-300ERSF is the sixth new freighter, following five Boeing 777-F production freighters, to join Emirates SkyCargo’s fleet since March 2026.
Boston Consulting Group says regional asset managers must strengthen distribution capabilities and technology adoption as industry competition intensifies globally.Retail assets outpaced institutional growth, highlighting accelerating demand despite institutional investors continuing to dominate regional assets under management.
BCG says distribution capabilities, AI adoption and technology investment will increasingly determine competitive advantage for regional asset managers.
- Dubai, UAE -- ChatGPT developer OpenAI is restricting access to its latest artificial intelligence (AI) model at the request of...
OpenAI launched a limited preview of its GPT-5.6 models after a request from the US government before wider release.
The preview includes Sol, Terra and Luna models, initially available only to a small group of trusted partners.
Dubai, UAE -- The Sharjah Chamber of Commerce and Industry (SCCI) reported an impressive surge in registered memberships in the...Saudi Arabia ranked as Sharjah’s largest export destination, with the total export and re-export values surpassing AED1.5 billion, followed by Kuwait, Iraq, Qatar, and Ethiopia.
SCCI reported 26,100 membership renewals across industrial, commercial, and professional sectors and 900 free zone memberships (new and renewed
Dubai, UAE -- Saudi Arabia has updated the executive regulations of its Anti-Money Laundering Law, introducing stricter disclosure requirements for...Travellers must declare cash, gold, jewellery and precious items worth SAR40,000 or more when entering or leaving the kingdom.
New rules establish Riyadh as headquarters of the General Directorate of Financial Intelligence, with authority to open nationwide branches.
Dubai, UAE -- Nasdaq Dubai has listed a $500 million sukuk issued by The Arab Energy Fund (TAEF), adding to...The senior unsecured trust certificates, issued through APICORP Sukuk Limited under TAEF's Trust Certificate Issuance Programme, mature in 2031.
The sukuk was priced at a spread of 70 basis points over the Secured Overnight Financing Rate (SOFR).
Among the several factors that contributed to the volatility is the limited share float. Only around 4.2% of total shares...SpaceX shares trade around $157, above the $135 IPO price but well below the post-listing peak of about $226.
The stock briefly became the world's fourth most valuable listed company, surpassing Amazon and Microsoft, before retreating.
