Dubai snaps six-week rally, Abu Dhabi extends losses

Nov 22 (Reuters) – Stock markets in the United Arab Emirates declined on Friday, despite rising oil prices, as the intensifying conflict between Russia and Ukraine kept investors on edge, with Dubai breaking a six-week gaining streak. Putin said on …

ANAX Developments to add $1bn to Dubai’s real estate sector

Work commencing on more than 2,000 new homes Evora Residences to open in Al Furjan by Q3 2026 Balcony and smart home automation in each apartment Dubai’s ANAX Developments plans to build more than 2,000 homes in Dubai and contribute $1 billion to the emirate’s real estate market in a pipeline of new projects.