The protests were a result of a movement that has been organised online under the hashtags #buildtheresistance and #50501, which stands for 50 protests, 50 states
Latest News
AI
UAE sees 40% increase in AI specialists
The UAE is creating a welcoming environment to attract AI specialists to work in the country
FAB
FAB posts 4% rise in FY 2024 net profit; beats estimate
For Q4 2024, First Abu Dhabi Bank’s net profit was to the tune of AED 4.18 billion
Aramco
Saudi Aramco steeply raises Arab Light official prices for Asia
The oil exporter steeply increased crude prices for March shipments across all other regions as well
TECOM
TECOM net profit surges 14% to $330m after record revenue in FY2024
High occupancy rates of 94% and retention rates of 92% lead to an 11% YoY increase in revenue to $650 million
Medcare
UAE healthcare giant Medcare to open 10 medical centres in 2 years
Medcare to invest AED60m ($16.3m) to open new medical centres in the UAE
Dubai
Dubai issues new law governing use of official logo with fines of $136,000 for violators
People found to be using the Dubai logo without permission will face jail time and heavy fines
Downtown Dubai
Emaar announces Dubai Fountain temporary closure
Dubai Fountain will close for five months from May as it undergoes upgrade and maintenance
ACRES Real Estate Exhibition
ACRES 2025: Sharjah Real Estate Exhibition sees record $1.2bn of transactions
Sharjah Rea Estate Exhibition sees transactions grow more than 200 per cent to $1.2bn
Dubai real estate
Dubai real estate agent sells out 3 full buildings in just 7 hours in Expo City
Agent with Dubai’s Provident Real Estate sells three buildings in a day at fast-growing Expo City
Ajman
Ajman to train and qualify 1,000 real estate brokers by 2030 as property sector booms
The Ajman real estate sector will see the addition of 1,000 qualified real estate brokers by 2030
Moscow
Moscow looks to attract UAE travellers as tourism surges
Visitors from the UAE to Moscow have increased from 5,000 to 40,000 in just two years
Dubai real estate
Dubai real estate sales pass $12bn in January as one surprise sector leaps over 151%
The Dubai real estate sector has made a surging start to 2025 as January property sales increase 822 per cent in five years
Construction
UAE and Saudi construction costs to increase in 2025
The cost of construction is set to increase in the UAE and Saudi Arabia, according to an international report
Artificial intelligence
Dubai’s e-commerce startup qeen.ai raises $10mn in one of the largest seed investments in MENA
The funding was led by Prosus Ventures, with participation from existing investors including Wamda Capital, 10x Founders and Dara Holdings
CBRE
Meal deals: UAE to triple food production by 2030
UAE is investing massively in food security and logistics in the wake of supply challenges raised by COVID-19 pandemic
Consumer Behavior
Saudi Arabia’s consumer spending resilience continues into 2025: Report
Saudi households are navigating rising costs with a strategic approach, often adopting more value-oriented choices to balance their spending priorities