The UAE’s National Railway Programme will generate $54.5bn in economic benefits from a $13.6bn investment, cutting emissions and boosting transport efficiency
Latest News
Latest in Latest News
Dubai real estate
Dubai real estate sector recorded $4.5bn of transactions last week, including $22m apartment
The Dubai real estate sector saw $4.5bn of transactions and 4,982 sales last week
100 most influential arabs 2025
Overview analysis: 150 Most Influential Arabs 2025
This year’s expanded list – which has grown from 100 to 150 – introduces a three-category structure that captures the full spectrum of Arab influence
Arabian Business
AB Majlis podcast: A deep dive into Arabian Business 150 most influential Arabs 2025 – all you need to know
Arabian Business reporters unpack the methodology and key themes shaping this year’s definitive regional ranking
Dubai Executive Council
Sheikh Hamdan orders launch of Dubai workforce productivity measurement system
Sheikh Hamdan issues Resolution No. 67 of 2025, ordering the launch of Dubai’s Workforce Productivity Measurement System to boost efficiency
Electronic Arts
Saudi PIF leads $55bn takeover of Electronic Arts in world’s biggest gaming deal
Saudi Arabia’s PIF is leading a $55bn takeover of Electronic Arts with Silver Lake and Affinity Partners, marking the world’s biggest gaming deal
agritourism destination
Saudi Arabia’s PIF-backed Dan Company launches Solan to drive agritourism and empower farm owners
Saudi PIF-backed Dan Company launches Solan, a new agritourism brand empowering farm owners to create sustainable hospitality experiences under Vision 2030
Dubai Land Department
Dubai launches real estate business incubator to train 50 firms and build new generation of brokers
Dubai Land Department launches the Emirati Real Estate Business Incubator to train 50 firms, empowering brokers to build agencies and lead the market
Dubai real estate
Dubai property sales soar 34% to $121.2bn as fäm CEO warns slowdown fears cost investors
Dubai property sales surged 34% to AED 445bn ($121.2bn) by August 2025, as fäm CEO Firas Al Msaddi warned investors lost out by betting on slowdown fears
Germany
Saudi Arabia to unveil multibillion-dollar real estate opportunities at Expo Real Munich before foreign ownership law takes effect
Saudi Arabia will unveil multibillion-dollar real estate opportunities at Expo Real Munich 2025, just months before a new foreign ownership law takes effect
Saudi banks reduce monthly deductions by a significant rate
Saudi banks have reduced the monthly deduction for loans to 55% for the first time in years.
saudi banking
Visitors to Saudi Arabia can now open bank accounts with official ID
Saudi Central Bank approves Visitor ID for opening bank accounts, expanding access for visitors and supporting digital transformation in Saudi banking
air taxi services
First UAE air taxi service to connect Dubai and Ras Al Khaimah by 2027
Ras Al Khaimah signs MoU with Joby Aviation and Skyports to launch UAE’s first air taxi service by 2027, cutting travel times to 15 minutes
digital invoice
UAE to launch electronic invoicing system in July 2026 with phased rollout to 2027
The UAE Ministry of Finance confirms phased implementation of its electronic invoicing system, starting with a pilot on July 1, 2026
Citizenship
UAE launches visit visas for friends, relatives under new ICP regulations
The permit is subject to conditions set by the UAE ICP
AI
Eight Sleep raises $100 million to boost AI sleep tech, medical expansion
The companys says it will use part of the funding to enter China and further build its international presence
Alserkal Avenue
Dubai homegrown brand bkry announces UAE, Egypt expansion
bkry, which operates from Al Quoz in Dubai, has attracted customers from Abu Dhabi, Al Ain, Ras Al Khaimah, and other cities