Dubai Chamber of Digital Economy held 86 business meetings in Seoul, backing local startups and promoting Expand North Star 2025 as global interest grows.
UAE
Dubai real estate
Dubai real estate: SOL Properties launches $600m tower on Sheikh Zayed Road
SOL Properties unveils $600m SOL LUXE, a 62-floor freehold tower on Sheikh Zayed Road with luxury homes and Grade A offices
Dubai
Dubai real estate: Al Msaddi urges property investors not to get swayed by price correction forecasts
The fäm Properties CEO lists seven key market signals that can give early warning signs of shifts before they appear in official data
F&B
UAE Future Food Forum 2025: F&B industry projected to triple to $43.98bn by 2029
UAE Future Food Forum 2025 returns to Dubai as the F&B sector surges to $13bn, with leaders driving food security, trade, and sustainability
beauty
EXCLUSIVE: ULTA Beauty confirms Dubai Mall location, Saudi Arabia stores in aggressive Middle East expansion
American beauty giant ULTA to open at world’s largest shopping destination following Mall of the Emirates launch with sights set on the Saudi market
Arada
UAE’s Arada enters UK market with 75% stake acquisition in Regal
Arada commits $680mn to accelerate Regal’s London residential development, which has nearly 10,000-unit pipeline over 11 projects
Presight
UAE’s Presight signs two MoUs to bolster AI adoption in Azerbaijan
One MoU focuses on the execution of the country’s AI Strategy 2025–2028, while the other is dedicated to AI in education
Dubai
The Australian brand making waves in Middle East perfumery
Goldfield & Banks founder Dimitri Weber on breaking the French monopoly, going viral on TikTok, and building a fragrance empire from Sydney to Saudi
UAE construction output to hit $130.8bn by 2029: Knight Frank report
Construction output across the UAE has increased since the start of the decade
Emirati entrepreneurs
UAE targets 2 million companies and 10 unicorns by 2031, says Minister of Economy
UAE aims to grow to over 2m companies and 10 unicorns by 2031, with SMEs already contributing 63.5% of non-oil GDP, says Minister Abdullah bin Touq
Emirati entrepreneurs
Sheikh Mohammed: UAE aims to be world’s startup capital with 30,000 new jobs
Sheikh Mohammed launches “The Emirates: The Startup Capital of the World” campaign to train 10,000 Emirati entrepreneurs and strengthen the UAE’s global startup hub role
Dubai World Challenge for Self-Driving Transport
Dubai puts self-driving transport in fast lane at World Congress
Dubai hosts the 4th World Congress for Self-Driving Transport, featuring more than 3,000 delegates, 80 speakers, 50 exhibitors, and the finals of the global Challenge
DIEZ
Dubai’s DIEZ trade hit record $91.5bn in 2024, up 19 per cent
Dubai’s DIEZ posted record $91.5bn trade in 2024, up 19 per cent, with non-oil share at 13.7 per cent. Growth driven by key sectors and Dubai’s D33 agenda
cyber attack
UAE Cyber Security Council warns 98 per cent of attacks target human weaknesses
UAE Cyber Security Council warns 98 per cent of cyberattacks exploit human weaknesses through social engineering
Competition
Dubai real estate: Proptech firm Holo offers $136,000 prize to homebuyers
Holo launches $136,000 homebuyer prize draw as Dubai’s real estate market hits $117bn in H1 2025
Dubai Land Department
Dubai real estate sector recorded $4.6bn of transactions last week, including $12m Business Bay apartment
The Dubai real estate sector saw $4.6bn of transactions and 5,066 sales last week
Auction
Dubai to auction 90 premium number plates
Dubai’s RTA will sell off premium three, four and five-digit number plates