investment

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

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

Global end user spending on generative AI to hit $14.2 billion this year, says Gartner

By 2028, 30 percent of GenAI deployments will be optimized using energy-efficient computation methods, spurred by sustainability goals

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

ACWA Power consortium inks $8.3 billion deals for seven renewable energy projects

Agreements represent the largest capacity globally signed for renewable energy projects in a single phase

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

Bitcoin reaches record high of $122k as institutional adoption accelerates ahead of Crypto Week

Institutional investors are adding Bitcoin to their portfolios, viewing it as a safe-haven asset 

Crude oil prices rise above $70.5 as investors watch U.S. sanctions, OPEC+ output

Brent crude futures reached $70.51, while WTI saw gains amid ongoing tariff uncertainty and sanctions

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

OPEC projects $10.6 trillion investment needed for oil sector by 2040

OPEC Secretary General emphasized the need for balanced policies to achieve energy security and climate goals 

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