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United Arab Emirates
Real Estate
Dubai’s prime residential market deals reach AED 30.7 bn
In Q4 2022
Economy
Economic Integration Committee: UAE’s legislative & investment environment 2022
Al Zeyoudi: Committee played a prominent role
Economy
UAE decides to invest USD30 bn in South Korea
Deals unveiled in hydrogen, water resources, and transport
Real Estate
Dubai annual real estate transactions cross AED 0.5 trn for 1st time in 2022
122,658 real estate transactions recorded in Dubai in 2022
Real Estate
Dubai real estate poised to grow in 2023 amid luxury demand
UHNWI demand could help Dubai property stock buck risks
Health
Dubais’ Duphat 2023 seals USD1.66 bn worth of deals
Value of deals generated increased 20% from previous year
Economy
Dubai Police introduces the first all-female SWAT squad
Female officers conquering specializations once dominated by men
Technology
Rashid Rover completes one month in space
On track for the mission on the lunar surface
Banking & Finance
UAE Central Bank issues new anti-money laundering guidelines
Guidelines involve the use of digital ID systems
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
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