United Arab Emirates

Dubai real estate: Growing villa demand pushes residential sales to new heights in H1 2025

Villa sales climbed from AED71.6 billion in value to AED118.5 billion over the first six months last year

Dubai: Major $172.3 million upgrade to Al Mustaqbal Street raises capacity to 8,800 vehicles, cuts travel time to 6 minutes

Construction includes three tunnels and bridges, improving capacity and reducing travel times for commuters 

ADIO and EFOA join forces to attract global family offices to Abu Dhabi

At the core of the agreement is a shared commitment to minimize barriers for incoming investors

Dubai climbs to 7th most expensive city for HNWIs globally: Report

This year, Singapore retained its position as the most expensive city for HNWIs globally, followed by London and Hong Kong

Dubai issues new law regulating contracting activities to enhance oversight, compliance, and transparency

Contractors must comply with new rules or face penalties ranging from AED1,000 to AED100,000

DP World signs 30-year $800 million agreement to revitalize Syria’s Port of Tartus and trade infrastructure

Tartus is Syria’s second-largest port, vital for trade routes across Europe and the Levant

Dubai 24-carat gold price today hits three-week peak at AED404.50 as market reacts to trade fears

Gold prices soared as U.S. trade tensions prompted safe-haven demand among investors

UAE, Chad discuss strategies for enhancing collaboration in the financial sector

The meeting included several senior Chadian officials, highlighting strong diplomatic ties between the nations

Masdar City pilots level 4 self-driving vehicles as UAE pushes smart mobility vision

The milestone forms a key part of the Smart and Autonomous Systems Council (SASC) strategy and is overseen by the Integrated Transport Centre (ITC)

Dubai real estate: Ultra-prime homes represent 4 percent of market volume in 2025

Notable deals in H1 2025 included a record-breaking AED 425 million sale in Emirates Hills and an AED 300 million beachfront villa on The Palm Jumeirah

Emirates leads YouGov 2025 rankings as world’s most recommended brand

Emirates' consistent focus on customer satisfaction is a hallmark of its global success

DEWA leverages AI in energy distribution to boost efficiency, reliability within $1.9 billion smart grid investment 

AI deployment aims to improve smart grid efficiency and operational readiness across DEWA

Investor confidence fuels 38 percent rise in Dubai residential sales in H1 2025

Average monthly villa transactions rose from 2,189 in H1 2024 to 3,402 this year

Sheikh Mohammed highlights Dubai’s commitment to sustainable growth, community empowerment

H.H. met with prominent citizens, business leaders, investors, and officials at the Union House in Dubai

Huawei debuts Pura 80 smartphones and MatePad 11.5, kicks Off XMAGE Awards 2025

The Dubai event served as a bold showcase of Huawei’s continued commitment to fusing advanced technology with thoughtful design

UAE General Budget Committee discusses 2026 draft budget, reviews 2025 position

Committee reviewed the budget proposals submitted by various federal entities for the 2026 fiscal year

ADNOC Gas inks $400 million LNG supply agreement with Germany’s SEFE

Agreement signed for the delivery of 0.7 million tons of LNG with deliveries commencing this year

Dubai’s half-year real estate sales hit $88.76 billion as population growth fuels housing demand

The influx of nearly 90,000 new residents in the first quarter added pressure to an already supply-constrained housing market

UAE’s G42 plans $2 billion hyperscale data center in Vietnam

G42's local partners for the project include FPT Corp, VinaCapital and Viet Thai Group

Abu Dhabi’s Zayed National Museum to open in December 2025 to honor Sheikh Zayed’s legacy with 300,000 years of history

Artefacts include the Abu Dhabi Pearl and the Blue Qur’an, highlighting Emirati cultural significance 

OPEC reduces 2025 oil demand forecast to 105 million bpd, projects 122.9 million bpd by 2050

The long-term projection reflects increasing energy needs in developing nations and anticipated investments.

Masdar, Spain’s Iberdrola to invest $6.1 billion in 1.4 GW UK wind farm

On 9 July, the project financing for East Anglia Three was signed for around €4.1 billion with 24 international banks

Dubai rental market stabilizes as demand for affordable, luxury options grows with over 72,000 new units expected: Report

Strong demand for monthly and daily rentals drives growth in lifestyle-centric and centrally located areas 

ADQ expands into vital sectors, marks strong financial performance in Q1 2025

Sheikh Tahnoon commended ADQ’s continued efforts to strengthen the foundations of economic resilience and sustainable development