Dubai's real estate market is entering a more mature phase, with investors becoming increasingly selective and focused on long-term fundamentals rather than rapid price gains, according to a new investor confidence report.
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The UAE ushered in a new era in its transportation history on Tuesday as the country's first national passenger rail service officially entered operation, with Etihad Rail carrying its first fare-paying passengers on the inaugural scheduled journey from Fujairah to Abu Dhabi.
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Conflicting signals from Washington and Tehran over the next phase of US-Iran negotiations have cast fresh uncertainty over efforts to consolidate a fragile ceasefire, even as commercial shipping continues to move cautiously through Strait of Hormuz.
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The Roads and Transport Authority (RTA) has issued requests for qualification to leading contractors and consortiums for the development of Dubai Metro's new Gold Line, a fully underground network being set up at an investment of AED34 billion ($9.2 billion), said a report.
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AI could soon choose what we buy; sustainability has shifted from nice-to-have to non-negotiable; and second-hand shopping is rapidly becoming mainstream, according to new DHL eCommerce research.
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Dubai Holding Real Estate has introduced a dedicated Golden Visa and investor residency facilitation service at the Meraas and Nakheel sales centre, creating a more seamless journey for eligible property investors purchasing across its portfolio.
Assets under management (AuM) in the GCC grew by 10% in 2025, reaching $2.7 trillion and marking one of the strongest annual performances in over a decade, according to a new report from Boston Consulting Group (BCG).
The United States and Iran have agreed to halt their latest hostilities in the Gulf and resume negotiations for a comprehensive treaty, raising hopes that a fragile interim peace arrangement can survive despite days of escalating military exchanges.
Saudi Arabia’s Ministry of Tourism has unveiled its AI Tourism Vision, a strategic initiative aimed at accelerating digital transformation and positioning the Kingdom as a global leader in tourism innovation.
Arabian Centers Company (Cenomi Centers), a leading Saudi developer of lifestyle destinations, has awarded a design and build contract worth SAR1.3 billion ($342 million) to Lynx Contracting Company for the development of its premium mixed-use boulevard project in the Eastern Province of Al Khobar.
Fourteen people were killed when a helicopter operated by Saudi Aramco crashed in Ras Tanura on Sunday (June 28), at approximately 6:00 am, a Saudi Ministry of Energy statement said.
India-based Likhitha Infrastructure has announced that it has won a major international contract from China Petroleum Engineering and Construction Corporation for the execution of Pipeline Package-1 (ASAB) in Abu Dhabi. The entire work will be completed within a period of 21 months.
Iran and US continued their attacks in the Gulf as each accused the other of violating an increasingly precarious 14-point interim deal signed recently to end their four-month-old war. Iran early today launched missiles and drones on US military sites in Kuwait and Bahrain, said media reports.
A severe heatwave affecting several European countries has caused the deaths of 74 people by drowning in France since June 18, coinciding with Germany recording a new temperature record for the second consecutive day, reaching 41.5 degrees Celsius, said media reports.
Dubai's Roads and Transport Authority (RTA) has announced plans to implement traffic improvement works at 28 locations across the emirate between July and September, including road expansions, intersection upgrades and improvements around schools and residential areas.
France's EDF Power Solutions and Oman have strengthened strategic energy cooperation through three key renewable energy and energy storage agreements.
dnata, a leading global air and travel services provider, has been re-awarded a ground handling licence at Amsterdam Airport Schiphol (AMS) in the Netherlands.
The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Ukraine will officially enter into force on July 1, signifying a major advancement in the two nations’ economic ties. The agreement aims to create new opportunities for trade, investment and private sector collaboration, strengthening the UAE's relationship with a key European market and reinforcing its role as a global trade hub, said a statement.
Dubai's real estate market is entering a more mature phase, with investors becoming increasingly selective and focused on long-term fundamentals rather than rapid price gains, according to a new investor confidence report.
Mered, an award-winning real estate developer, has unveiled its ‘bay villas’, a unique collection of five waterfront residences on Al Reem Island. Each villa is named after an iconic city along the French Riviera and draws its identity from the character of its namesake destination.
Saudi Arabia’s Prince Mohammed bin Fahd University (PMU) has awarded a SAR994 million ($262 million) contract for the construction of a new specialty hospital within its premises at Al Khobar in the kingdom's Eastern Province. The 10-storey healthcare facility will come up on a 60,000 sqm area.
PMKConsult and Havelock One Interiors have completed the full turnkey refurbishment of the RAK Academy Khuzam campus for leading developer Marjan. Spanning 226,000 sq ft, the project scope included design development and revamp of a leading international school in UAE.
MBC Group, a leading media and entertainment conglomerate, has joined forces with Cenomi Centers, the developer of contemporary lifestyle destinations in Saudi Arabia, to bring first-of-its-kind live TV and radio broadcasting into Saudi Arabia’s premier lifestyle destination, Westfield Riyadh.
Bank ABC has announced continued progress in its sustainability journey, showcasing its commitment to creating value for all stakeholders — clients, communities, and the organisation — through an innovative and inclusive sustainability strategy.
Beyon Cyber, part of the Beyon Group, has achieved CREST accreditation for its Security Operations Center (SOC), marking a major external validation of its SOC capabilities and the company’s overall operational excellence, the company said.
Nissan Middle East closed Fiscal Year 2025 (April 2025 to March 2026) by delivering a landmark financial and commercial performance, concluding the period as the most profitable year on record for the regional entity.
The Gamechangers Middle East, the UAE-born startup investment series and entrepreneurship platform, has received an overwhelming response ahead of its application deadline. A fully functional investment and mentorship platform, it has been co-created and headlined by Indian actor R. Madhavan.
Conflicting signals from Washington and Tehran over the next phase of US-Iran negotiations have cast fresh uncertainty over efforts to consolidate a fragile ceasefire, even as commercial shipping continues to move cautiously through Strait of Hormuz.
