investment

Dubai real estate: Luxury home sales surge as 7,200 millionaires flock to UAE in 2024

Real estate remains at the heart of wealth strategies for UHNWIs, both as a store of value and as a means of wealth preservation

AI to contribute over $64 billion to Dubai’s economy by 2030: Dubai State of AI Report

Growth will support the national goal of AI contributing up to 14 percent of the country’s GDP by the end of the decade

Abu Dhabi stocks record region’s highest foreign investor buying in Q1 2025 at $2.3 billion

GCC stock markets recorded net buying of $2.8 billion compared to $3.0 billion in net buying during Q4 2024

IMF raises Egypt’s growth forecast to 3.8 percent for 2025, 4.3 percent next year

Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy

Bitcoin jumps over 6 percent to $94,200 as investor confidence rebounds

Market reacted positively after Trump signaled easing trade tariffs

Abu Dhabi rises five places to 5th globally on IMD’s Smart City Index in 2025

Notably, Dubai came in 4th place this year, rising 8 places compared to 2024

Oman, Russia ink 11 pacts including visa waiver agreement during Sultan’s Moscow visit

The visit marked the 40th anniversary of diplomatic relations established on September 26, 1985 

Business restructuring, tax and compliance: Free zone updates

The Executive Council Resolution No. (11) of 2025 allows for free zone companies to establish a branch in Dubai mainland

Dubai gold prices drop AED12, global rates fall to $3,340

Prices declined as Trump eased Fed threats and optimism for a trade deal increased

Trump to visit Saudi Arabia, UAE and Qatar as White House confirms mid-May plans

Trump will address Ukraine and Gaza conflicts during his visit to Saudi Arabia, a key U.S. ally

Sheikh Hamdan witnesses announcement of $544.5 million hyperscale data center at Dubai AI Week 2025

The facility will be developed and operated by du, in collaboration with Microsoft

ORA Developers: Accelerating growth in the UAE with strategic initiatives

With a new headquarters and a powerhouse leadership team, Engineer Naguib Sawiris' global development firm is positioning itself to capitalize on the region's booming property market