UAEāSouth Africa non-oil trade reached $8.5bn in 2024, up 14 per cent year-on-year
UAE
Abu Dhabi events
Abu Dhabi Finance Week 2025 confirms first 300 global speakers with $60tn in assets
Abu Dhabi Finance Week 2025 will host 300 global leaders with $60tn in assets, featuring top names from Netflix, Carlyle, Temasek, Franklin Templeton and more
Dubai free parking
Dubai announces free parking on Friday, September 5
RTA announces free parking and Dubai public transport timings
Majid Al Futtaim
Majid Al Futtaim reports $4.7bn H1 2025 revenue as profit jumps 23%
Majid Al Futtaim posted $4.7bn in H1 2025 revenue, with profit up 23 per cent as digital growth, real estate demand, and new investments drive momentum
Dubai real estate
Dubai real estate: Palm Jumeirah villa sold for $44m, second-highest price per sq ft in 2025
Dubai Sothebyās International Realty sells a Palm Jumeirah villa for AED 161m ($43.8m), the yearās most expensive secondary villa and second-highest per sq ft price
Corporate tax
UAE announces new tax rules for Free Zones
The UAE Ministry of Finance has issued new Corporate Tax rules for Free Zones, expanding qualifying activities and clarifying ministerial decisions
Dubai Holding
Dubaiās Nakheel Mall renamed Palm Jumeirah Mall
Dubai Holding Asset Management rebrands Nakheel Mall as Palm Jumeirah Mall, unveiling new global fashion, dining, and lifestyle brands
CEO
UAEās Dr Al Jaber voted CEO of the Year by global chemical industry peers
Dr Al Jaber is the UAEĀ Minister of Industry and Advanced Technology, and his leadership as President was critical in the countryās successful hosting of the COP28
Dubai
Foreign investors fuel Dubai apartment boom as sales hit AED 40.5bn in August
Buyers from South Korea, South Africa, Australia and Canada helped drive demand for apartments, which accounted for nearly nine in ten property transactions last month
Abu Dhabi
Etihad Airways rules out near-term IPO, says $20bn growth plans can be self-funded
The decision to go public rests with Abu Dhabi’s ADQ, CEO Antonoaldo Neves says
Saudi Arabia
TAQA-led consortium secures financial closure for power plants in Saudi
The greenfield combined cycle gas turbine (CCGT) power plants will deliver approximately 3.6GW of power generation capacity
antitrust
Google can keep Chrome as it dodges the worst in US antitrust ruling
Judge Mehta also did not ban completely, but restricted the payments that Google uses to ensure its search engine gets prime placement in web browsers and on smartphones
New Balance
New Balance plans 10-12 Middle East stores amid surge in athletic wear market
American heritage brand sets ambitious five-year vision to become region’s most authentic performance lifestyle powerhouse through cultural immersion and community-first strategy
Abu Dhabi real estate
Abu Dhabi real estate: Aldar to launch 450 new townhomes on September 12
Aldar will launch 450 new townhomes for Emiratis at Abu Dhabiās Al Deem community on September 12, with live-work homes and direct Yas Island connectivity
Abu Dhabi
EXCLUSIVE: Tashas Group bets on suburban UAE dining in $27 million Arada joint venture
The deal marks Tashas Groupās biggest push into suburban UAE markets, as developers push into lifestyle-first communities amid rapid population growth
abu dhabi start-ups
Abu Dhabiās Hub71 onboards 26 AI startups in record $223m cohort
Abu Dhabiās Hub71 has welcomed 26 AI-driven startups to its 17th cohort, raising a record $223m as the emirate cements its role in global tech
AI
AI in the UAE: Cisco reveals 10 trends transforming customer experience
Cisco highlights 10 ways AI is transforming customer experience in the UAE, from predictive analytics to virtual agents