Skip to main content Skip to footer ![Abu Dhabi sets new mortgage records in Q3 with $3.67 billion in 2,594 transactions](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Abu-Dhabi-mortgage-1.jpg/w=1024,h=682)
This represents the highest quarterly volume seen in recent years
![Dubai’s RTA implements major traffic upgrades to enhance road efficiency near 37 schools](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/RTA-traffic-improvement-1-1.jpeg/w=1024,h=683)
These enhancements prioritize safety for all road users in Dubai, including staff, bus drivers, and families
![DFM sees 10.9 percent gain in 2024, leading GCC markets with 4.1 percent monthly growth in September](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/DFM-1.jpg/w=1024,h=683)
The overall growth was widespread, driven particularly by significant gains in key indices such as the Financial Index
![Riyadh welcomes first refurbished Emirates Boeing 777](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Riyadh-Emirates-Boeing-77-1.jpg/w=1024,h=682)
This newly upgraded aircraft will operate the daily EK 819/820 service, departing Dubai at 07:10 and arriving in Riyadh at 08:05
![UAE’s Space42 makes debut on ADX following Bayanat and Yahsat merger](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Space42-1-1.jpeg/w=1024,h=683)
Space42 merges Bayanat’s sophisticated geospatial analytics with Yahsat’s premier satellite communications and AI innovations
![Sheikh Hamdan approves strategy to transform Dubai’s education, real estate by 2033](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Dubai-education.jpg/w=1024,h=683)
Dubai continues its journey to becoming the world’s leading destination for living, investment, and lifelong learning
![UAE, global gold prices dip as U.S. dollar index rebounds, Mideast tensions escalate](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Gold-prices.jpeg/w=1024,h=683)
The U.S. dollar held onto its gains, rising 0.08 percent to 101.28, and making gold more expensive for other currency holders
![Oil prices jump as Middle East concerns escalate, OPEC+ prepares for market review](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/04/Oil-prices-7.jpg/w=1024,h=683)
Brent futures climbed by $1, or 1.36 percent, reaching $74.56 per barrel
![Abu Dhabi’s Fertiglobe approves $150 million interim dividend for H1 2024](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Fertiglobe-interim-dividend-1.jpg/w=1024,h=683)
This translates to AED551 million or 6.6 fils per share
![DP World expands investment plans in Mozambique to enhance regional trade opportunities](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/DP-World-Mozambique-1-1.jpg/w=1024,h=683)
The logistics giant has long operated at the Port of Maputo and recently extended its concession by 25 years, now lasting until 2058
![Dubai launches new IP hub to empower entrepreneurs, enhance business landscape](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/New-IP-hub-1-1-1.jpg/w=1024,h=680)
This platform supports startups and researchers across creative design, sustainability, health, education, and law
![Dubai’s EGA finalizes acquisition of majority stake in U.S. recycling company](https://economymiddleeast.com/wp-content/uploads/2024/10/EGA-aluminum-2-1024x682.jpg)
This acquisition expands EGA's operations across four continents, from bauxite mining to aluminium recycling