Top apartment communities also posted a significant rise in rentals last year, with Dubai South recording a 29.5% hike
GCC
Dubai Land Department
Dubai real estate market set for major boost with freehold property in Sheikh Zayed Road and Al Jaddaf as experts predict new investment surge after ‘bold’ announcement
Dubai Land Departments changes to freehold property rules in Sheikh Zayed Road and Al Jaddaf point to investment surge and long-term growth
Dubai
Dubai real estate: East & West Properties’ $680mn residences sell out in record time
Buyers from 25 countries have invested in the Dubai project, with the majority coming from Russia, UAE, Turkey, China, Hungary, Netherlands, Canada, India, Madagascar, and Iran
Capital Markets
Saudi banks eye global capital markets for Vision 2030 growth funding: S&P
Banks are also poised for stable profitability in 2025 on stronger credit growth
Dubai
UAE real estate: Valores set to launch $163mn projects across Dubai in 2025
The announcement of new projects follows the success of the company’s debut development, Valores Residences in Al Furjan
CBUAE
CBUAE reports $1.21 trillion in bank assets by end of October
Banks’ deposits increased by 1.5%, from AED 2,761.4 billion at the end of September to AED 2,802.5 billion at the end of October 2024
Dubai
Acube Developments unveils Vega in Dubai Sports City
The project features 131 luxurious units including studios, 1- 2- and 3- bedroom units
Abu Dhabi
Abu Dhabi to make a $3.54bn push towards AI-powered government
Plans to achieve 100% adoption of sovereign cloud computing and digitising and automating 100% of processes over next three years
Abu Dhabi
Palms Sports revenue up 82.5% to $290mn for the year
The Abu Dhabi sports management company announces 41% YoY increase in gross operating profits to $49 million
UAE parents prioritise building children’s confidence in 2025, new study shows
36 percent of UAE parents want their children to overcome hesitation and fear whilst maintaining self-discipline
Dubai
UK suffers historic brain drain, wealth exodus as UAE passport power rises
The trend coincides with a sharp decline in British global mobility power, with the UK passport dropping from first place in 2015 to fifth position in 2025
Dubai
Dubai named world’s cleanest city in 2025
Dubai secured top spot in a ranking of the world’s cleanest cities
Amazon
Amazon set to launch Now service with delivery in minutes in UAE
Amazon Now to bring delivery-in-minutes service to the UAE
Abu Dhabi
UAE real estate: Abu Dhabi, RAK poised to be flag bearers for market boom in 2025
Dubai, however, will continue to remain an incredibly attractive destination for global investors and families alike
ADNOC Gas
ADNOC Gas signs $10 billion deal to supply natural gas to EWEC
The two parties sign the 10-year strategic partnership agreement on the sidelines of Abu Dhabi Sustainability Week
Boris Johnson
Former British Prime Minister to attend Saudi Media Forum 2025
Boris Johnson will speak at Saudi Media Forum 2025
Sharjah
Sharjah announces $4,800-a-month support for retirees
Sharjah has approved monthly financial support to top-up financial payments for retirees