Aldar Properties, the largest developer in Abu Dhabi, posts a 24% increase in net profit for H1 2025, fueled by a surge in international demand, particularly from Chinese investors, as the UAE real …
Abu Dhabi developer Aldar posts 24% rise in first-half profit, doubles down on UAE market
Abu Dhabi’s largest developer Aldar Properties reported a 24% jump in first-half profit on Tuesday, driven by a record development backlog and surging international demand — led by Chinese buyers.
UAE and Saudi Arabia Join Global Top 20 for AI Talent Density
This success is a direct reflection of Saudi Arabia’s aggressive push towards establishing itself as a global leader in artificial intelligence.
Dubai Airport Testing New Security Tech to End Laptop and Liquid Restrictions
Passengers traveling through Dubai International Airport (DXB) may soon experience a smoother security process, as new technology could eliminate the need …
UAE: Over 33,900 companies exempted from corporate tax late registration penalty
Over 33,900 companies in the UAE have benefitted from the penalty waiver initiative for late corporate tax registration, the Federal Tax Authority (FTA) said on Tuesday. The authority, meanwhile, has …
UAE Corporate Tax: Businesses must register July 31 or face $2,723 penalty
The initiative applies to Corporate Taxpayers and certain exempt persons who are required to register with the FTA in the UAE …
Arabian Drilling fuels global expansion with first international offshore deal, UAE branch
Riyadh – Arabian Drilling has signed an agreement with a GCC-based company, marking its first offshore operation outside Saudi Arabia, according to a press release. The Saudi firm aims to expand its …
Dubai’s commercial property boom: Areas you should be investing in
The upward trajectory signals Dubai’s continuing emergence as a dynamic hub for commercial property investment in the region …
Sharjah developer Arada tightens price on $450mln sukuk offering
Arada Developments, rated B1 by Moody’s and B+ by Fitch, has launched its $450 million sukuk with a coupon of 7.150%, tightening from the initial price guidance of 7.625%-7.750% for a spread of 317.3 …
Sharjah: A global standard for inclusion and a model of social integration and sustainable development
Through this World Congress, Sharjah is calling out to the global community that building communities cannot be complete without everyone’s contribution. Inclusion is not only a humanitarian principle …
RAKBANK becomes the first UAE bank to offer crypto trading for retail
RAKBANK launches crypto trading for retail customers via its mobile app, partnering with Bitpanda to offer direct dirham-based access to digital assets.
UAE to increase card fees for foreign transactions: Here’s how expats can avoid extra charges
Starting September 22, UAE banks will increase fees on foreign transactions to 3.14%. Discover strategies for expats to minimize these costs amid the hike.
UAE: Body of second Indian woman who died by suicide to be repatriated tonight
The mortal remains of Athulya Shekar, a 30-year-old Indian woman who was found dead in her Sharjah apartment on July 19, will be repatriated to her country tonight. The body will be flown to Kerala on …
DMDC launches property investment arm with Dhs100m commitment
DMDC has allocated Dhs70m to kickstart a portfolio of premium residential projects, with flagship developments already underway in Arabian Ranches, Jumeirah Golf Estates, and Emerald Hills …
DEWA powers more than 7.2 million digital transactions in just six months
Dubai Electricity and Water Authority (DEWA) enabled customers to seamlessly complete more than 7.2 million transactions across several digital platforms during the first half of 2025 …
DEWA wins Middle East and Africa Deal of the Year 2024 award for Hassyan desalination plant project
Dubai Electricity and Water Authority (DEWA) has received the ‘Middle East and Africa Deal of the Year 2024’ award from Project Finance International (PFI), a leading publication specialising in …
Dubai’s DEWA processes 7.2 million digital transactions in first half of 2025
DEWA operates a comprehensive ecosystem of digital channels, including its website, smart app and customer care centre systems …