Dubai

Construction & Real Estate

RTA completes 80% of 1,650m Al Khaleej Street Tunnel Project

Sun, 17 May 2026

Dubai’s Roads and Transport Authority (RTA) has completed 80% of Al Khaleej Street Tunnel Project, which extends 1,650 metres from the end of Infinity Bridge ramp in Deira to the intersection of Al Khaleej Street and Al Wuheida Street.

Construction & Real Estate

New Asst CEO of Housing named at Mohammed Bin Rashid Housing Establishment

Sat, 16 May 2026

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, has appointed Noura Mohammed Bakheet Al Madawi Al Rumaithi as Assistant CEO of the Housing Sector at the Mohammed Bin Rashid Housing Establishment.

Construction & Real Estate Industry, Logistics & Shipping

Jebel Ali Rail Terminal facilities to hit 1.6m TEUs capacity

Fri, 15 May 2026

DP World has announced that work is moving at a steady pace on the three key facilities within Jebel Ali Rail Terminal, which connects the port directly to the UAE’s national rail network and has an 800,000 TEUs capacity. On completion, the terminal will boast a total capacity of 1.6 million TEUs per annum.

Construction & Real Estate

PG Real Estate hands over Al Furjan development, announces new projects

Thu, 14 May 2026

PG Real Estate, the boutique developer known for its design-led, low-density communities, has officially handed over PG One, its flagship mixed-use development in Al Furjan, Dubai, marking another major milestone in the company’s delivery-focused growth strategy.

Travel, Tourism & Hospitality

JA Resorts & Hotels rolls out enhancements across Dubai portfolio

Thu, 14 May 2026

JA Resorts & Hotels, a Dubai hospitality landscape for over 40 years, is upgrading its properties and experiences, including enhancements at key locations, ahead of this summer’s launch of the Jebel Ali Sports & Shooting Club.

Travel, Tourism & Hospitality

flydubai announces direct flights to Benghazi, Libya

Thu, 14 May 2026

flydubai, the Dubai-based carrier, has announced the launch of direct flights to Benghazi in Libya, becoming the first UAE carrier to operate direct services between Dubai and Benghazi Benina International Airport (BEN).

Construction & Real Estate

Dubai records $37.9bn real estate transactions in Q1

Wed, 13 May 2026

Dubai recorded 44,400 real estate transactions with a combined value of AED139.2 billion ($37.9 billion) during the first quarter of this year, according to a transaction analysis conducted by Whitewill, an international luxury real estate agency.

Construction & Real Estate Industry, Logistics & Shipping

EMSTEEL Q1 revenue touches $599m; profit up 246% to $81.42m

Wed, 13 May 2026

EMSTEEL on Wednesday reported first-quarter revenue of AED2.2 billion ($599.05 million), remaining broadly in line with the corresponding period in the prior year. Net profit for the period amounted to AED299 million ($81.42 million), reflecting a 246 percent YoY increase.

Finance & Capital Market Motoring

Dubai Taxi Company to acquire National Taxi for $394.8m

Wed, 13 May 2026

Dubai Taxi Company (DTC), a leading provider of comprehensive mobility solutions in Dubai, on Wednesday announced that it has entered into a Sales and Purchase Agreement (SPA) to acquire 100% of the share capital of National Taxi, one of the UAE’s established taxi operators with operations in Dubai, Abu Dhabi, and Al Ain for a total enterprise value of AED1.45 billion ($394.83 million).

Travel, Tourism & Hospitality

Dubai tops global Instagram travel rankings for 2026

Wed, 13 May 2026

Dubai ranked as the world’s most Instagrammable destination for 2026, while Burj Khalifa topped landmark rankings with more than 10 million tagged social media posts and 1.1 million monthly searches, according to a new global study by PlayersTime.