Real estate transactions in five UAE emirates reach $65 billion in Q1
Abu Dhabi, UAE -- Real estate transactions across five emirates in the UAE surged to over AED 239 billion ($65 billion) in the first quarter of 2025, underpinned by investor confidence, flexible regulations, and expanding project pipelines, official data showed. More than 94,719 sales, purchase, and mortgage deals were recorded...
Hotel occupancy rate points to UAE tourism recovery
The total number of hotel guests in the UAE rose to 10.5 million during the first half of 2022, up from 8.3 million during the same period last year, latest research by Colliers suggests.Shapoorji bags Majid Al Futtaim deal
The US$217.4m contract covers construction of 808 villa sets.Dubai records over US$653m in realty transactions on Monday
DUBAI, UAE - Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released by Dubai's Land Department (DLD) showed. Additionally 93 mortgage deals of $53 million ( AED197.58 million) and 23 gift deals amounting to $233 million (AED858.27 million), the DLD revealed. The...Green hydrogen production in UAE to touch 5.7m tonnes in 2030
Innovative technologies to produce green hydrogen using clean and renewable energy are witnessing rapid developments and studies indicate that green hydrogen production will increase by 57 percent annually to reach 5.7 million tonnes in 2030.DEWA’s R&D Center registers patent for robotic carrier
Dubai Electricity and Water Authority (DEWA) 's Research and Development (R&D) Center has registered its sixth patent for a user-friendly robotic carrier to transport and lift solar photovoltaic panels easily from any surface.Dubai records weeklong real estate transactions worth $2 billion
Dubai, UAE--Dubai's real estate market recorded a total of 2.593 transactions worth AED7.4 billion ($2 billion) during the week ending Friday, according to statistics from the Dubai Land Department. The statistics showed that 320 plots were sold for AED1.75 billion, and 1,720 apartments and villas were sold for AED3.55 billion....Markets volatile, world economy likely to grow 3.2% in 2022
As the world economy struggles to recover from the after-effects of the pandemic, financial markets are more volatile than ever.UAE calls for global solidarity at environment ministers meet
UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri participated in the Joint Environment and Climate Ministers’ Meeting as part of the G20 Summit in Indonesia.DMCC welcomes 15 companies for training program
Dubai Multi Commodities Centre (DMCC), the Government of Dubai Authority on commodities trade and enterprise, has announced that 15 companies have been selected to participate in the DMCC Impact Scale-Up Program.DEWA ranks as 3rd most valuable utility brand in Middle East
Dubai Electricity and Water Authority (DEWA) has been ranked the third most valuable utility brand in the Middle East and the third fastest growing brand in the UAE according to the annual report issued by 'Brand Finance'.State Grid Corporation of China opens first office in UAE
Dubai, UAE: State Grid Corporation of China (SGCC), the largest utility company in the world, has expanded its presence in the region by setting up an office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region. This is...Dubai to host international museums conference in 2025
Dubai has officially begun its journey as the host of the 27th International Council of Museums (ICOM) General Conference 2025 after formally receiving the flag from Prague, the host city of the 2022 edition of the conference.Top tourist destinations in Dubai
Dubai tourism recovered fast after the easing of Covid-19 restrictions, registering a 203 percent increase in the number of visitors in the first four months of 2022.Heavyweight stocks lift up Saudi, UAE markets
After a nervous start to the week, the big stocks of the GCC, Al-Rajhi Bank, Retal Urban Development Company, and Emaar, boost the Saudi and the UAE markets, posting gains all around.Argentina seizes 1.6 tons of cocaine headed for Dubai
Argentine authorities seized 1.6 tons of cocaine hidden in animal feed destined for Dubai and detained 12 people, police said on Friday.Weeklong real estate deals worth $2.3 billion recorded in Dubai
Dubai recorded a total of 2,739 transactions with a combined value of AED8.4 billion ($2.3 billion) during the week ending Aug. 26, the Dubai Land Department (DLD) said. The transactions included the sale of 274 plots for AED1.36 billion and 1,902 apartments and villas for AED4.35 billion. The biggest deal...DEWA organizes virtual seminar, 90 Turkish firms participate
Dubai Electricity and Water Authority (DEWA) has organized a virtual seminar with 90 leading Turkish companies in the energy and water sectors.Dubai real estate market’s July performance best in decade
Dubai real estate market recorded a total of 7,092 transactions in July 2022, which is its best performance in the past decade, said Mo’asher, the emirate’s official Sales Price and Rental Performance index. Mo’asher said the figure demonstrates a significant increase in the overall performance of the sales transaction volume...Real estate deals worth $381 million recorded in Dubai Tuesday
Dubai real estate market recorded deals worth AED1.4 billion ($381 million) on Tuesday, including 387 sales transactions worth AED1.15 billion. The transactions also included 68 mortgage deals of AED149.38 million, and 85 gift deals amounting to AED140.85 million, data released by Dubai's Land Department (DLD) showed. The sales included 336...Dubai records real estate deals worth $472 million on Monday
Dubai recorded real estate transactions worth AED1.7 billion ($472 million) on Monday, which included 562 sales transactions worth AED1.42 billion. The transactions included 75 mortgage deals of AED271.02 million, and 42 gift deals amounting to AED94.62 million, data released by Dubai's Land Department (DLD) showed. The sales included 520 villas...Airfares increase as demand soars for flights to UAE
Demand for air tickets to destinations outside the UAE also surged in June and July, even as the travel costs grew sharply due to the rising oil prices and global inflation.Most Gulf nations stare at slow population growth
Except for the UAE and Bahrain, all GCC countries witnessed a steep decline in population. During the pandemic, the region also saw the exodus of a large number of expat workers.WGES 2022 to promote investment tie-ups in green projects
The summit will be attended by several local and global high-profile participants, including heads of states and governments, as well as prominent global speakers.Dubai’s RTA reduces energy consumption by 18 percent
Director-General and Chairman of the Board of Executive Directors of the Roads and Transport Authority said that RTA had achieved the targeted energy efficiency performance indicators 2021 and reduced total energy consumption.WGES 2022 to encourage investment in green projects
The 8th World Green Economy Summit (WGES), to be held in Dubai, will focus on developing investment partnerships in green projects and financing. It will promote investment and employment opportunities in the sector.Emaar to sell Namshi to Noon
The Dubai developer will sell its online retailer for $335.2m.Conflicts, inflation keep GCC markets on their toes
Though GCC markets witnessed an IPOs rush in the first half of 2022 due to the rising investment interest, the future is not comforting for the rest of the year, says an expert.Saudi, Emirati stocks end the week in red
Despite a 3.9 percent increase in the food and beverage sector and a generally mixed week for the Saudi Stock Exchange, trading finished on Friday in the red.Weeklong real estate transactions in Dubai amount to $2.8bn
The real estate and properties transactions valued at $2.8 billion (AED10.3 billion) in total during the week ending 19 August 2022. The sum of transactions was 3,149.Dubai’s high-end luxury real estate market prospers
The emirate’s upper market real estate sector is not something just anyone can develop. It requires large investments and a full-fledged team who can deliver a quality 360 solution to buyers. It is a profitable sector with growing opportunities for those able to enter the industry, Comerford highlights.Dubai airport gears up to ease transit travel for World Cup supporters
Dubai International Airport, a major aviation hub, is gearing up to help ease transit travel for World Cup supporters ahead of the tournament starting in November, its director said Wednesday. The first World Cup ever held in a Middle Eastern country is set to kick off in Qatar on November...Dubai has comprehensive plans to ensure food security: Crown Prince
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum was on a tour of Bustanica, the world’s largest vertical farm that recently opened in Dubai.Trakhees reports 22 percent H1 growth in commercial licensing business
Dubai’s Department of Planning and Development, Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation, has completed about 16,000 transactions through its Licensing Department during the first half of 2022, registering a growth of 22 percent compared to the same period last year. The Licensing Department provides...DEWA alert service reduce 217,370 tons of carbon emissions
Dubai Electricity and Water Authority (DEWA) has announced that its High-Water Usage Alert service has helped to reduce 217,370 tons of carbon emission since its launch three years ago and till June 30, 2022.Museum, DEWA partner for sustainable development
The Museum of the Future has signed a strategic partnership agreement with Dubai Electricity and Water Authority (DEWA) to showcase unique technologies and solutions related to the future of environmental sustainability and renewable energy.World Green Economy Summit in Dubai supports UAE COP28
Since its launch in 2014, the WGES has succeeded in galvanising global efforts to promote the shift towards a green economy.In Dubai 305m riders use public transport in H1 2022
Dubai’s Roads and Transport Authority (RTA) announced that the number of riders using public transport and shared mobility clocked nearly 304.6 million during the first half of 2022.Dubai records $2.6bn real estate transactions in week
A total of 2,433 real estate transactions worth $2.6 billion (AED9.7 billion) were conducted during the week ending 12th August, 2022, according to figures released by the Dubai Land Department.Dubai Airports win Gold Stevie Award for Great Employers 2022
Dubai Airports has been named the winner of a Gold Stevie Award in the Most Innovative Workplace Redesign During COVID-19 category in the seventh annual Stevie Awards for Great Employers.DEWA H1 2022 revenue is $3.3bn
DEWA's net profit in H1 2022 is US$898 millionDubai Clear and Muqassa to cooperate in central clearing services
Dubai Clear, a subsidiary of the Dubai Financial Market (DFM), and the Securities Clearing Centre Company "Muqassa", a subsidiary of Saudi's Tadawul Group, will create a framework to strengthen collaboration and share knowledge on central clearing services as well as to actively explore ways of enhancing these services in line...Dubai marine service to enhance maritime sector efficiency
The service aims to establish a unified civilian entity affiliated with the DMCA, Dubai Municipality and Dubai International Marine Club.Dubai Customs thwart marijuana smuggling bid at international airport
Dubai Customs authorities seized 3.7kg of marijuana at Dubai International Airport terminal 1. An African passenger was trying to smuggle the drugs by stashing it inside cylindrical vehicle air filters. The officials discovered the drugs when the passenger's goods were x-ray scanned, which revealed abnormal density in some of the...Dubai realty market records deals worth $653 million on Tuesday
Dubai real estate market recorded 436 sales transactions worth AED971.4 million ($264 million), in addition to 101 mortgage deals of AED1.38 billion, and 17 gift deals amounting to AED55.13 million on Tuesday, data released by Dubai's Land Department (DLD) said. The sales included 360 villas and apartments worth AED738.88 million,...Over 7mn international visitors in Dubai in H1 2022
Dubai attracted 7.12 million international overnight visitors between January and June 2022, recording over 183 growth compared to the 2.52 million tourists who visited during the same period in 2021.Union Properties’ profit rises
The Dubai-based firm posted net profit of $77,603 in Q2.Sustainable research centers in UAE being built on SDME designs
Several regions across the UAE are witnessing the implementation of the designs of some of the teams that participated in the first and second Solar Decathlon Middle East (SDME) to construct sustainable research centers and laboratories.Dubai’s weeklong real estate transactions total $1.4bn
In Dubai, the real estate and properties transactions valued at $1.4 billion in total during the week ending 05 August 2022. The sum of transactions was 2,247.Ethiopian delegation visits Dubai to explore digital services
An Ethiopian delegation of 10 members, comprising decision-makers from the public and private sector, visited Dubai Chambers between July 25- 30.UAE citizens’ housing gets help of over $6.8bn in 2022
The UAE’s citizens' housing segment in 2022 achieved significant regulatory progress and received massive financial allocation for federal, local plans and projects amounting to $6.88 billion.



















































