UNHWIs from Europe, Asia and the Gulf are driving activity on Dubai’s artificial archipelago after a 15-year hiatus
Latest News
FTSE
G42 to offer nearly 2% of Presight shares to institutional investors
The move will increase free float and improve liquidity and help its inclusion in the FTSE Emerging Market Index
ADGM
Abu Dhabi’s RIQ and ADNOC enter $500mn reinsurance collaboration
The agreement with ADNOC, and an earlier one with IHC, will ensure a collective committed reinsurance premiums of over $1 billion
Aviation
Etihad Airways reports record $306m profit in H1 2025 as passenger numbers soar
Etihad Airways posted a record $306m profit in H1 2025, up 32 per cent, as passenger numbers rose 17 per cent to 10.2m and network expansion hit 27 new routes
FDI
Saudi Arabia FDI inflows jump 24 per cent to $32bn in 2024
Saudi Arabia’s FDI inflows rose 24 per cent to SR119.2bn ($31.8bn) in 2024, exceeding Vision 2030 targets as non-oil investment reached 90 per cent of total flows
South Africa
UAE–South Africa trade grows to $8.5bn, up 14%
UAE–South Africa non-oil trade reached $8.5bn in 2024, up 14 per cent year-on-year
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
branded real estate
Saudi real estate: Chedi launches branded residences in Diriyah with 20 exclusive villas
Chedi Hospitality unveils branded villas in Diriyah, Saudi Arabia
Dubai real estate
Dubai real estate: Palm Jumeirah villa sold for $44m, second-highest price per sq ft in 2025
Dubai Sotheby’s International Realty sells a Palm Jumeirah villa for AED 161m ($43.8m), the year’s 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
JLL
Riyadh and Jeddah office rents surge as Saudi vacancies hit record lows
Riyadh and Jeddah office markets surge in 2025 with record-low vacancies and rising rents, as JLL reports strong occupier demand across Saudi Arabia
Dubai Holding
Dubai’s 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
Gaza
The story must live – Inside Gaza’s war on truth
More journalists have been killed in Gaza in less than two years than in World Wars I and II, Korea and Vietnam combined. This is how the war has become a systematic assault on truth
CEO
UAE’s Dr Al Jaber voted CEO of the Year by global chemical industry peers
Dr Al Jaber is the UAE Minister of Industry and Advanced Technology, and his leadership as President was critical in the country’s successful hosting of the COP28
Qatar
Qatar residential sales surge 114% in Q2: Report
Doha, Al Daayan and Al Wakrah were among the best-performing municipalities