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Month: April 2026

Posted on 20/04/2026

UAE pensions: Payouts hit $708m in Q1 2026 as membership surges to 184,522

The UAE federal pension system recorded strong growth in the first quarter of 2026, with total payouts reaching AED2.6bn ($708m) as participation in the scheme continued to expand. Figures released by …

Posted on 20/04/2026

UAE boosts global financial clout with IMF–World Bank 2029 summit win

Meetings provided an important platform to deepen partnerships with international financial institutions and expand cooperation with both advanced and emerging economies …

Posted on 20/04/2026

Nakheel awards $143m Dubai Islands contract, 49,000-home megaproject expands

Nakheel has awarded a major contract for infrastructure development at Dubai Islands to Al Nasr Contracting Company …

Posted on 20/04/2026

Aldar to build 9,000 affordable rental units in Abu Dhabi

This initiative, confirmed on April 20, 2026, aims to meet the surging demand from mid-income professionals and young families in the UAE capital, …

Posted on 20/04/2026

UAE real estate sector posts record $68.7bn transactions in Q1

Dubai, Abu Dhabi, Sharjah and Ajman report strong real estate performance in UAE in the first three months of 2026, official data shows …

Posted on 20/04/2026

Dubai SME relief package: Here’s how one business owner cut her licence fees by half

Like every year, Dubai realtor Saba Patel was getting ready to pay the fee for her company’s trade licence renewal. In 2026, it added up to Dh32,000. But just a …

Posted on 20/04/2026

Sharjah Ruler witnesses wheat harvest, launches ‘QAND’ brand

His Highness Sheikh Dr Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, on Monday morning attended the harvest ceremony of …

Posted on 20/04/2026

Abu Dhabi considers merging China investments into joint venture– report

Abu Dhabi is considering combining China-related holdings from L’imad Holding and Mubadala Investment into a jointly owned investment vehicle, Bloomberg reported, citing sources. The plan is intended …

Posted on 20/04/2026

Dubai Chamber of Commerce, Mashreq hold open dialogue with private sector

The event forms part of a series of interactive dialogues organised by Dubai Chamber of Commerce in cooperation with leading financial institutions …

Posted on 20/04/2026

Atlantis Dubai temporarily pauses seven high-profile dining venues

As of April 20, 2026, high-profile venues including Dinner by Heston Blumenthal, Hakkasan, Ossiano, Ling Ling, La Mar by Gastón Acurio, and …

Posted on 20/04/2026

Dubai: These hotels are closing for upgrades this summer

A wave of refurbishments is underway across the city, with several high-end properties set to reopen with a refreshed look …

Posted on 20/04/2026

Abu Dhabi-based BlueFive Capital is reportedly eyeing a US$3 billion aerospace and defense fund

BlueFive Capital, an Abu Dhabi-based private equity firm, is preparing to launch a fund focused on aerospace and defense investments with a target size of US$3 billion.According to a report by …

Posted on 20/04/2026

Leaders of Dubai-Based Unicorns Hail City as Global Innovation Hub Shaping Future Technology and Driving the Digital Economy

DUBAI, United Arab Emirates, April 20, 2026–(BUSINESS WIRE)–Leaders of Dubai-based unicorn companies have reaffirmed the emirate’s status as a global hub for digital innovation and technology-led …

Posted on 20/04/2026

UAE business leaders signal next phase of growth despite disruption, new Publicis Groupe Middle East report finds

UAE business leaders signal next phase of growth despite disruption, new Publicis Groupe Middle East report finds …

Posted on 20/04/2026

EXCLUSIVE: ‘Bleisure’ travel trend reshapes UAE hospitality sector as last-minute bookings surge

Hotels are reporting shorter booking windows, more last-minute reservations and a stronger focus on flexibility as travellers respond to regional developments and changing work pa …

Posted on 20/04/2026

Palm Jebel Ali plot sells for Dhs323 million as Dubai realty market gains

Dubai’s real estate market opened the week on a strong note, highlighted by a high-value land transaction on the iconic Palm Jebel Ali, where a prime …

Posted on 20/04/2026

UAE professor says it’s ‘time to think about closing the American bases’ after Trump’s Iran war: ‘They are a burden’

United Arab Emirates (UAE) University professor Abdulkhaleq Abdulla declared that it was “time to think about closing the American bases” in the country. The post UAE Professor Says It’s ‘Time to …

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