Here is an exploration of the key factors driving Dubai’s rise and some practical advice on investing in this city.
Emaar’s property sales grew by 42%, reaching AED19.3bln in Q1 2025, backlog increased to AED127bln
Sales Growth: Emaar achieved property sales of ~AED 19.3 billion (US$ 5.3 billion); an increase of 42% over Q1 2024 sales of ~AED 13.5 billion (US$ 3.7 billion).
Dubai developer Sobha Realty mandates banks for USD benchmark sukuk
The offering will come under Sobha Sukuk l Holding Limited’s $1.5 billion Trust Certificate Issuance Programme …
Wednesday May 8th: 4pm Traffic from Dubai to Sharjah
Dubai Traffic UpdateTravel time per 10 km: 17 minutes 50 secondsCongestion level: 60 percentSpeed: 33.6 km/h Traffic jams: 118Roads With Major Traffic Delays in Dubai Al Arouba Street Business Bay Roa …
Sharjah Geographic Information Systems Forum advances digital transformation
Sharjah Digital Department (SDD) hosted the inaugural Sharjah Geographic Information Systems (GIS) Forum, bringing together government entities and technology companies to enhance digital …
10 Smart Steps on How to Start a Business in Dubai Easily
If you’re wondering how to start a business in Dubai, you’re not alone. Dubai’s strategic location, modern infrastructure, and investor-friendly policies make it a top destination for startups. This …
Dubai Taxi Company achieves revenue of AED588.3 million in Q1 2025
Dubai Taxi Company (DTC) delivered a robust set of results in Q1 2025, with strong underlying performance across its core business lines. The Company’s fundamentals remain strong supported by Dubai’s …
Bybit Forges “Bridges of the World” at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, successfully concluded TOKEN2049 Week with its …
Dubai on track to become top four global financial hub
Dubai’s capital markets are playing a pivotal role in advancing the Emirate’s ambition of becoming a global top four financial hub, driven by foreign investor activity, according to a new report …
DMCC selects Ali & Sons Contracting to lead second phase of Uptown Dubai development
Dubai Multi Commodities Centre (DMCC), which is under the Dubai government’s administration, has appointed Emirati conglomerate Ali & Sons Contracting to manage the second phase of the Uptown Dubai …
EMSTEEL launches green finance framework to accelerate sustainable growth and advance net zero ambitions
The Framework enables EMSTEEL and its subsidiaries to issue a variety of green finance instruments-including green bonds, loans, commercial papers, and medium-term notes (MTNs)-across multiple …
UAE: Bank accused of unauthorised transactions after expat dies
A civil case was filed before the Dubai Commercial Court of Inheritance by the heirs of a deceased Canadian businessman against a local bank they alleged of “mishandling and withholding millions of …
Crypto.com Partners to Bring Crypto Payments to UAE Fuel Stations
At Emarat’s Crypto.com‑enabled service stations, customers will be able to pay with any of the cryptocurrencies supported by the platform.
Arab Satellite team concludes System Integration Review
In line with the UAE’s ambitious vision to lead and strengthen Arab cooperation in the space sector, the Arab Satellite 813 programme team has …
Good news for UAE companies: Corporate tax penalties waived
The Federal Tax Authority (FTA) of the UAE announced on May 7 that it has begun exempting certain corporate taxpayers from administrative penalties incurred due to the late submission of registration …
Emirates lands record $5.2B annual profit, 16 new A350s to arrive in next year
Dubai-based Emirates Airlines has posted record annual profits of $5.2 billion (after tax), an increase of 14.9% from last year’s $4.7 billion.
Adnoc Drilling plans to boost partnerships beyond Abu Dhabi as profit jumps 24%
Adnoc Drilling, the Middle East’s biggest drilling company, expects to boost its partnerships and acquisitions in 2025 as its profit grew by nearly a quarter in the first three months of the year.The …