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United Arab Emirates
Real Estate
Dubai real estate transactions hit 265.4 bn dirhams in 2022
From a record-breaking 97,398 deals
Energy
Sultan Al Jaber named as President-Designate for UAE’s COP 28
Following presidential directive
Economy
70 percent increase of UAE nationals in the private sector
Reaching a total of over 50,000 nationals
Economy
Majority of UAE small businesses optimistic about growth in 2023
Nearly half of small businesses intend to grow substantially
Real Estate
LIV Developers begins construction on LIV LUX in Dubai Marina
Ushering a new level of sophisticated living
Real Estate
Dubai’s luxury property sector to continue stellar performance in 2023
Price of luxury properties surged by 89 percent YoY in Q3 2022
Banking & Finance
Mubadala, Alpha Dhabi form $2.5 billion private credit joint venture
Mubadala will hold 80% ownership in the AD Global Market-based entity
Energy
UAE’s ADNOC allocates USD15 bn to fund decarbonization projects
Projects include investments in clean power, carbon capture and storage
Banking & Finance
FAB explores a Standard Chartered takeover, doesn’t follow through
UAE bank's market capitalization is more than $51 billion
Technology
Dubai Verse Cup takes horse racing to metaverse
Offering a chance to win exciting crypto and NFT awards
Economy
Mohammed bin Rashid launches Dubai Economic Agenda ‘D33’
with total economic targets of AED 32 trillion over the next 10 years
Technology
MBZUAI boosts UAE ambitions for global AI prominence
University grows in scale and influence in 2022
Real Estate
Imdaad signs 3-Year FM services contract with Al Nasr Investment Company
Imdaad to deploy a full range of hard services, soft services, security solutions
Miscellaneous
DAMAC Group breaks Guinness record for highest altitude skydiving fireworks display
In association with Skydive Dubai
Economy
National Bonds, Lulu Exchange, sign sgreement to boost UAE savings culture
Opportunity to embark on, accelerate savings journey
Real Estate
Will Dubai, Abu Dhabi property sector continue its momentum in 2023?
They top list of most improved markets globally for 2022
Technology
Collaboration is key to making Metaverse a success in Dubai: Report
Government and businesses must work together
Banking & Finance
UAE bank deposits record strongest growth since 2015: CBUAE
Central Bank: Loan-to-deposit ratio reached lowest level in 7 years
Real Estate
Dubai property market crosses AED 240 bn in sales in 2022
A 46% rise in sales transactions
F&B
Sunset Hospitality is behind some of the most sought-after venues
We speak to Guillaume Ferraz, Managing Director of the Day Life Division
Economy
Bin Touq and Abdullah Sultan bin Awad Al Nuaimi on Commercial Transactions Law
UAE keen to legally support business environment
Lifestyle
Gargash Group launches the all-New GAC EMPOW
EMPOW makes debut in UAE and Middle East Market
Energy
Gargash Group, Mercedes-Benz Mobility invest in Blacklane
Double-digit million dollar deal accelerates Blacklane’s growth in region
Economy
UAE’s Ministry of Economy imposes AED 3.2 mn worth of fines
Over six designated non-financial businesses and professions
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