Scheduled for completion in Q4 2026, the port is projected to generate more than $1.3bn in revenue for ADNOC L&S over the first 27 years
UAE
Latest in UAE
Artificial intelligence
US okays licenses to Nvidia to export chips to the UAE
The Bureau of Industry and Security issue the licenses under the terms of a bilateral AI agreement in May when President Trump visited the UAE
content creators
UAE SCA reports 1,100% rise in financial influencer accreditation applications
This increase follows the introduction of a regulatory framework designed to formalise the role of financial content creators in the UAE’s investment landscape
crypto
Dubai crypto watchdog fines 19 unlicensed firms up to $163,000
Dubai Virtual Assets Regulatory Authority fined 19 firms up to $163,000 for unlicensed operations and marketing rule breaches
Expo City Dubai
Dubai to host GITEX GLOBAL 2026 at Expo City
Dubai tech show GITEX GLOBAL 2026 will relocate to Expo City Dubai, introducing a new ‘TechCation’ experience blending tech and tourism
Etihad Rail
Etihad Rail passenger service on track for 2026 launch after Dubai–Fujairah test
Etihad Rail passenger service completes Dubai–Fujairah test run ahead of its 2026 launch, connecting 11 UAE cities and transforming mobility
DIFC
Dubai’s DEWS savings scheme surpasses $1bn milestone
Dubai DEWS savings plan, managed by DIFC, has exceeded $1bn in assets, benefitting 74,000 employees and advancing long-term economic goals
ADNOC
ADNOC announces $43bn dividend target through 2030
ADNOC will distribute $43bn in dividends across six listed firms by 2030, reinforcing investor confidence and UAE economic growth
archer aviation
Abu Dhabi to host UAE’s first hospital vertiport for flying ambulances
Cleveland Clinic Abu Dhabi and Archer Aviation will build the UAE’s first hospital vertiport, enabling fast eVTOL flights for patients
Branded residences
MENA outpaces global demand for branded living as Dubai cements global lead
According to new data by Global Branded Residences (GBR), the surge marks a pivotal moment in the evolution of branded residences
Blockchain
Dubai to tokenise gold and diamonds under DMCC–VARA partnership
Dubai launches pilot projects to tokenise gold and diamonds under a new DMCC–VARA partnership, advancing the city’s blockchain-driven future
Better Homes
Dubai Islands hits $1.6bn in H1 sales as investors flock to new waterfront hub
Dubai Islands posts $1.66bn in property sales in H1 2025, confirming its rise as Nakheel’s next global waterfront hub
dubai free zone
Dubai launches new permit giving 10,000 free zone firms access to mainland markets
Dubai unveils a new $1,361 permit allowing free zone firms to operate onshore, boosting cross-jurisdiction business by up to 20 per cent
Aviation
MBR Aerospace Hub to increase number of LMUs as demand surges
Once completed in Q3 of 2026, the total number of LMUs will reach 11, spanning an area of 76,000 square feet
multiply Group
Multiply Group to acquire a majority stake in Italian packaging company
The Abu Dhabi company will hold a 60.8 per cent stake in ISEM Group; Acquisition complements Multiply’s existing beauty and apparel verticals
acquisition
Abu Dhabi’s PureHealth completes acquisition of 60% of Hellenic Healthcare
Third major acquisition by PureHealth; Hellenic is the largest private healthcare company in Greece and Cyprus valued at $2.56 billion
Abu Dhabi
UK to ‘feel the loss’ as high-profile entertainers, athletes flock to UAE amid Britain’s unfavourable tax conditions
Those who stay back in the UK are going to be “sadder, poorer and less aspirational,” a leading UK-US tax strategist warned