Dubai

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.

Construction & Real Estate

Union Properties accelerates growth in Q1, revenue rises 66%

Wed, 13 May 2026

Union Properties has delivered a strong start to 2026, reporting solid revenue growth and improved profitability in the first quarter, as the company advances into a new phase of accelerated growth.

Construction & Real Estate

Esnaad hands over The Spark in Mohammed Bin Rashid City

Tue, 12 May 2026

Esnaad Real Estate Development, a Dubai-based real estate development company, has announced the handover of The Spark by Esnaad, its residential project in Mohammed Bin Rashid City, marking a key milestone in the company’s journey in Dubai’s real estate market.

Construction & Real Estate

Binghatti Holding posts Q1 revenue of $1.19bn; profit reaches record $389m

Tue, 12 May 2026

Binghatti Holding Limited, a leading developer, has reported a net profit of AED1.43 billion ($389.38 million) for Q1 2026, representing a 73 percent year-on-year increase, while revenue rose 52 percent to AED4.39 billion ($1.195 billion).