DIB, the largest Islamic bank in the UAE, achieved another year of robust financial performance for the full year ended December 31, 2025 with the bank’s revenue growing to AED13.3 billion ($3.62 billion).
Ghassan Aboud Holding, a leading provider of integrated logistics and supply chain solutions, has joined forces with EasyLease, the capital subsidiary of International Holding Company, for the launch of its new Gallega Global Logistics multi-user aftermarket spare parts hub at Jebel Ali Free Zone (Jafza).
The Dubai real estate market recorded the highest single-day real estate transaction value in its history on January 26 of AED15.6 billion ($4.25 billion), data released by the Dubai Land Department said.
Binghatti Holding, one of the UAE’s fastest-growing real estate developers, has successfully priced a long five-year $500 million benchmark sukuk under its $1.5 billion Trust Certificate Issuance Programme, in a transaction that was 4.4 times oversubscribed.
Strategic partnerships, global marketing campaigns and major events contributed to Dubai welcoming 19.59 million international overnight visitors in 2025, marking a 5% increase compared to 18.72 million arrivals in 2024, according to data published by the Dubai Department of Economy and Tourism (DET), and a third successive year of record-setting figures.
Dubai’s residential property market entered 2026 with rising transaction volumes and renewed buyer activity. The trend was underpinned by sustained demand for mid-market homes and continued investor participation, according to January data from betterhomes.
Dubai has launched a new environmental and recreational destination - Al Layan Oasis - that aims to showcase the beauty of the desert environment while promoting sustainability and quality of life. Spanning one million sq m, the project boasts a lake along with 14 km of walking and cycling tracks.
Dubai will launch the Al Layan Oasis development project, a new environmental and recreational destination in the emirate, following its approval by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai.
Dubai has approved a masterplan to redevelop Umm Suqeim Beach into a landmark destination reflecting the emirate’s cultural identity. The scope of work includes the construction of six main gateways, 10 mobility hubs and 11 taxi pickup and drop-off points as well as a 38m observation tower.
Pixel Artworks has appointed Marta Marinho as the new creative director for Middle East based in Dubai. In this role, she will lead multidisciplinary creative teams in developing narrative-driven, tech-enabled environments for brands and cultural institutions.
