United Arab Emirates

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

Dubai Chamber of Commerce launches new delivery business group to boost sector growth

The chamber currently has 106 Business Groups, enhancing private sector representation across various industries 

UAE launches new program to enhance youth financial literacy: Who can apply?

UAE national, aged between 25 and 32, with a university degree in a relevant field are eligible to apply

UAE real estate: Record-breaking $631.6 million in transactions with 1,607 deals in Ajman for June 2025

June's activity reflected a notable increase in demand for various types of real estate in Ajman

UAE President, Armenia Prime Minister discuss enhancing economic and investment ties

His Highness reaffirmed the UAE’s commitment to working closely with Armenia to advance mutual development and prosperity

Dubai 24-carat gold prices gain AED2.5 as global rates rise on softer dollar, tariff concerns

The U.S. dollar index declined 0.13 percent to 97.43, while the yield on benchmark 10-year U.S. Treasury notes retreated from a three-week high

UAE and Azerbaijan sign CEPA to boost trade, investment flows in vital sectors

Bilateral non-oil trade between the two nations increased 43 percent year-on-year to reach $2.4 billion in 2024

Dubai Municipality partners with Parkin to enhance efficiency, service quality in parking infrastructure

Parkin will manage selected free public parking facilities owned by Dubai Municipality, expanding its network 

Dubai traffic to ease as Al Wasl–Al Manara intersection’s capacity increases by 50 percent

The expansion improves traffic flow and reduces waiting times by up to 30 percent

Nasdaq Dubai welcomes China Development Bank’s dual-currency bond listing with $500 million and EUR500 million tranches

The euro tranche was oversubscribed 15 times, reflecting strong investor interest across regions