Dubai's residential real estate market recorded more than 57,300 sales between January and April 2026, with transactions in the off-plan sector rising 3.3% year-on-year, says leading real estate advisory and property consultancy Cavendish Maxwell.
Volvo Construction Equipment (Volvo CE), a global leader in construction solutions, has announced the appointment of Hanna Ihnatovich as the new Head of Sales (International). An industry veteran, Hanna had held a range of commercial roles globally and also across Europe region.
Residential unit sales in Abu Dhabi during March and April remained stable, with April exceeding 3,200 residential units sold and AED13 billion ($3.45 billion) in sales value, said a report from the Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi’s real estate sector.
Global sales of electric cars weakened during the first quarter with the top markets of China and US leading the sales decline. In 43 key markets analysed by the consulting firm PwC, the number of electric cars sold was 1% lower than in the same period in 2025, at just under 2.7 million.
Zain Bahrain, a leading Bahraini provider of innovative technologies and digital lifestyle experience, has appointed Ammar Al Ketbi as its new Chief Executive Officer. An industry veteran, Al Ketbi has a strong track record across sales, product innovation and driving effective business and growth strategies.
UAE-based luxury project developer Damac Properties has capped off a strong Q1 performance, emerging as the market leader in March. With AED3.12 billion ($849 million) in sales across 1,106 transactions, Damac reinforces its dominant market position, said its top official.
Adnoc Gas has confirmed shareholder approval of all agenda items at its Annual General Meeting including a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May.
Cement sales volumes across the Kingdom of Saudi Arabia fell in February on both an annual (10.5% decline) and monthly basis (16.3%) to 4.28 metric tonnes, thus reflecting softer demand mainly due to Ramadan season. The clinker inventory too fell by 0.3% m-o-m to 42.7MT.
Truecaller, a leading global communications platform, has sealed a strategic direct sales reseller partnership with AnyMind Group, a Business-Process-as-a-Service company, to help accelerate the growth of its direct advertising business across the Mena and Southeast Asia regions.
Tissoli, a leading real estate developer, has announced the sales launch of the second phase of its AED1.2 billion ($327 million) flagship development, Palazzo Tissoli, in Ras Al Khaimah. It involves a limited collection of fully furnished studios, and one-bedroom apartments featuring sweeping sea views.
