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Month: August 2025

Posted on 04/08/2025

Knight Frank: Annual residential price growth tops 17% in Abu Dhabi

Over the long term, villas are the standout for value growth. Prices registered a 3.4% quarter-on-quarter rise in Q2, reaching AED 1,103 per sqft, representing a 42.3% uplift since Q1 2020. Villas on …

Posted on 04/08/2025

Dubai real estate market hits second-best month on sales record with AED 65bn in July

AED 65 billion were completed in July, a 24.9 percent year-on-year increase in volume and a 29.5 percent jump in value …

Posted on 04/08/2025

Digital Dubai Launches World’s First AI-Powered Emirati Family

In a groundbreaking move to humanize digital services and strengthen cultural identity, Digital Dubai has unveiled the world’s first virtual AI-powered Emirati family. This initiative marks a …

Posted on 04/08/2025

Buying Dubai property with credit cards? Why many Indians are now in trouble

Several homebuyers either clicked on payment links shared by Dubai-based builders or swiped their credit cards during their visits to the UAE. It felt hassle-free, no paperwork, no visits to the bank.

Posted on 04/08/2025

Dubai taps Crypto.com to enable crypto payments for govt services – MSN

The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May …

Posted on 04/08/2025

India’s IOC buys 7 mn barrels US, Abu Dhabi crude amid Russian oil decline

India’s top refiner IOC buys 7 million barrels of crude from US, Canada and Abu Dhabi via tender, as Russian oil imports pause due to narrowing discounts and rising sanctions …

Posted on 04/08/2025

Abu Dhabi sees growth in non-oil foreign trade in the first half of 2025

The breakdown tells an equally compelling story. Non‑oil exports jumped 64 per cent to AED 78.5 billion (from AED 47.9 billion), imports increased 15 per cent to AED 80 billion, and re‑exports climbed …

Posted on 04/08/2025

Dubai welcomes 9.88 million international visitors in the first half of 2025

Dubai’s evolving destination offering, driven by impactful public-private partnerships and amplified through a robust global marketing strategy, resulted in the city welcoming 9.88 million internation …

Posted on 04/08/2025

UAE-Based Lulu Retail Gets Set For IPO In Abu Dhabi – MSN

UAE-based Lulu Retail Holdings PLC (Lulu Retail) has announced an initial public offering (IPO) that will see it list its shares on the Abu Dhabi Securities Exchange (ADX). Lulu Retail, a major …

Posted on 04/08/2025

The Family Office concludes exclusive Investment Forum in Dubai, showcasing Institutional Wealth strategies for Investors

The Family Office, a leading provider of wealth management and advisory services in the GCC, recently hosted an exclusive investment event in Dubai, bringing together select investors and global …

Posted on 04/08/2025

Sharjah International Marine Sports Club engages 400 youth in summer activities

The Sharjah International Marine Sports Club, in cooperation with the Sharjah Sports Council (SSC), the Ministry of Sports, the Sharjah Investment and Development Authority (Shurooq), and Sharjah …

Posted on 04/08/2025

IHC, RIQ form 10-year alliance, positions Abu Dhabi as key reinsurance hub

RIQ, which was launched earlier this year in Abu Dhabi by IHC in partnership with BlackRock and Lunate, will provide a full suite of reinsurance solutions to IHC and its group companies. The platform …

Posted on 04/08/2025

Abu Dhabi’s MGX in talks to fund French AI startup

French AI startup Mistral is reportedly planning to secure $1 billion from Abu Dhabi’s technology investment company MGX as well as other venture capital funds. The company, which is based in Paris, …

Posted on 04/08/2025

Harry Potter Finally Coming To Abu Dhabi Theme Park — 2025 Reveal Confirmed

A Harry Potter-themed land is officially headed to Warner Bros. World Abu Dhabi, with details set to be revealed next year, the park’s developer says.

Posted on 04/08/2025

Mistral in talks with VC firms, Abu Dhabi’s MGX to raise funds at $10bln valuation, FT reports

The funding would accelerate the commercial rollout of Mistral’s Le Chat chatbot and support continued development of its large language models …

Posted on 04/08/2025

Men in the UAE quicker to address tech troubles than a mental health concern, new AXA Global Healthcare study finds

DUBAI, UAE – Media OutReach Newswire – 4 August 2025 – Men in the UAE are more likely to take immediate action over a broken laptop, a social media hack, or a car warning light than seek support for …

Posted on 04/08/2025

UAE secures extra output as Opec increases production

Opec+ agreed on Sunday to raise oil production by 547,000 barrels per day (bpd) for September. The increase is the latest in a series of accelerated output hikes to regain market share, as concerns …

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