Important developments, translated
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Gulf intelligence
Business, property, residency and quality-of-life developments across the Emirates.
Top current development
Emirates leverage a trusted, transparent, and flexible investment climate. Executives say the strength lies not only in scale or tax perks, but in execution capability, regulatory clarity, and a track record…
Read the full brief →Despite ongoing consumer spending on essentials, concerns rise in markets about consumer fatigue amid inflation, higher costs, and rising borrowing. Early University of Michigan sentiment shows a drop to a…
Microsoft has reportedly pulled out of a planned data center project in Luton, Essex, citing unspecified reasons. Sky News reported delays and local grid officials saying power supply is unlikely before the…
Dubai’s land department data shows total registered lease contracts for 2025 reached 127.4 billion dirhams, up 17.6% from 2024, with over 1.04 million contracts—the first time the count surpassed one million.…
FAMA Technologies aims to broaden its digital solutions in the UAE and Gulf region, targeting retail, hospitality, and corporate sectors with integrated, scalable tech—from POS and digital signage to…
The United Arab Emirates, via the Saud bin Ahmed bin Saqr Foundation for Youth Projects Development and RAK Chamber of Commerce, participated in the eighth edition of the Heritage exhibition in Cairo. The UAE…
KFC has agreed with Coca-Cola to supply beverages to its US restaurants, shifting away from PepsiCo. The change, effective from January and fully implemented by spring, does not apply to international KFC…
Brent futures climbed by over $3 to $109.58 a barrel, with U.S. crude futures also above $100 as ongoing worries about Middle East supplies and a Russian refinery disruption weigh on markets. The data comes…
Arabian Gulf markets and global credit conditions remain unsettled as Bank of America plans to issue high-grade bonds in multiple tranches with maturities of 3 to 11 years. Initial new-issue yield for the…
Al Sharqi for Shipping inaugurated a comprehensive logistics and distribution center in Dubai Industrial City, a project valued at 70 million dirhams. The facility spans extensive built, open, and office…
The ordinary general assembly of an investment bank approved consolidating 82.18 existing ordinary shares into 1 new share, increasing par value from 0.0122 dirhams to 1 dirham. The total issued capital…
A Sharjah forum highlighted rental yields between 8% and 12% and reported 46.8 billion dirhams in real estate transactions in the first nine months of 2026. The discussion underscored investors' interest in…
US inflation data surprised on the upside, with CPI rising 0.6% in September and annual inflation at 3.7%. The stock declines trimmed the fortunes of several tech magnates, led by Elon Musk, Michael Dell, and…
Officials and experts at the Sharjah Investment Forum 2026 highlighted a holistic approach to strengthening supply chains through local production, expanded logistics services, flexible regulations, and…
The Egyptian pound briefly surpassed 53 to the dollar amid persistent demand for foreign currency, despite improved foreign inflows. Analyses note that a flexible exchange rate means the dollar can move up or…
Dubai Commerce City signs a collaboration with Tencent Cloud to provide cloud, AI, and advanced tech solutions for registered companies, aiming to accelerate digital transformation and expand regional and…
A Ras Al Khaimah (RAK) delegation completed a four-state tour in the United States, expanding ties with government entities, businesses, universities, and economic development bodies across Florida, Michigan,…
The International Monetary Fund (IMF) forecasts the United Arab Emirates’ economy to grow by 7.7% in 2027, marking it as one of the fastest-expanding and most efficient economies in the Gulf region. The IMF…
Oil prices fluctuated, with Brent near $106 and WTI near $94, amid signals of possible output increases and concerns over supply disruptions following major Saudi incidents. Analysts at Goldman Sachs raised…
Gold prices eased after hitting their highest level in over a week, as investors awaited key U.S. inflation data this week to gauge the Federal Reserve’s likely stance on future policy. Silver also slipped,…
3IQ Corp. reports that its UAE subsidiary 3IQ Middle East Ltd. has received a preliminary license approval (Category 4) from Abu Dhabi Global Market (ADGM). The move follows a strategic partnership with…
DP World highlights that over 80% of global merchandise moves by sea, with containerized goods worth around $14 trillion. It identifies four structural shifts shaping production locations, shipping…
SMS, voicemail, call forwarding, missed-call alerts, and collect-call services have moved to the background for UAE mobile subscribers, amid a shift toward data packs and digital services. Results show…
Karem Shuaib, CEO of Al-Rozn for Investment Banking, cautions that while Abu Dhabi and Dubai equities benefit from solid earnings and cash flow, valuations are being affected by geopolitical developments and…
Bitcoin rose slightly above $82,000 amid ongoing market pressures from anticipated U.S. monetary policy and higher oil prices. Ethereum, Solana, and Ripple also edged higher, while investors weighed…
Saeed Al-Hajri and Lord Mervyn Davies chaired a high-level roundtable in London with UAE and UK business leaders to advance bilateral trade and investment cooperation. The discussions highlighted the UAE’s…
Egyptian gold prices edged up marginally in the morning, with local markets reflecting a recent global pullback in gold. Price movements varied by purity, and demand showed a gradual improvement, led more by…
NMDC Group announced the formal launch of its new self-propelled cutter suction dredger Abu Al-Bakhous, built for heavy-duty dredging, rock breaking, and deep navigation works. The vessel, built in China,…
The UAE participated in Gulf industrial committees and showcased capabilities to deepen regional industrial ties, promote advanced technology and AI-driven manufacturing, and expand UAE-Gulf industrial…
Bezos’s net worth rose by $87 billion to $368.5 billion as Blue Origin’s valuation jumped to $140 billion after a funding round. The surge places him second to Elon Musk, with Larry Page following. The…
New financial disclosures show Donald Trump’s August trades include notable investments in Meta and SpaceX debt, alongside substantial handling of other tech stocks. Within days of acquiring SpaceX bonds,…
The United States has paused the permanent-residency pathway for foreign workers at several tech companies, citing widespread misuse of the visa program. While noting concerns about multiple investigations,…
GlobalFoundries and TSMC announce a manufacturing agreement worth $2 billion, concentrating silicon interposer (packaging) production in the United States. The deal supports supply chains for advanced…
Mubadala Investment Company outlined its long-term investment approach and plans to strengthen its presence in Asian markets during the Milken Institute Asia Summit 2026 in Singapore. The session covered…
Arab Gulf markets report that Dubai’s real estate registration fees (4%) yielded 15.2 billion dirhams for January–September 2026, based on total transactions of 380 billion dirhams. This marks the…
At the 16th Islamic finance conference in Dubai, S&P Global Ratings and DIFC discussed forecasts for 2026–2027. UAE credit is expected to grow about 10% annually, supported by strong corporate demand and…
Paramount Sky Dance has finalized a $110‑billion acquisition of Warner Bros. Discovery, creating a new media and entertainment power under one umbrella. The merged entity combines film franchises like Harry…
Dubai’s real added value from wholesale and retail trade reached 50.9 billion dirhams in Q1 2026, up 2.6% year-on-year, accounting for about 22% of Dubai’s GDP. UAE-wide retail sales in 2025 rose 7%, with…
The World Bank expects the UAE economy to accelerate in 2027, with real GDP growth around 9.5% and per capita GDP growth near 8%. Inflation is forecast to ease to about 1.8% in 2027 from 2.7% in 2026. The…
Dubai’s housing market steadied through nine months of 2026, with rents broadly holding across areas as renters renew leases rather than move. Population growth and strong demand sustain this trend, with…
UAE investment activity is characterized by wide geographic spread and sector coverage, with outward FDI totaling 63.353 billion USD in 2025 and a cumulative outward investment stock of 402.729 billion USD by…
A UAE resort on Ras Al Khaimah's Al Marjan Island unveils Win Marina, a yacht harbor for 98 vessels with a 5-meter depth, connecting directly to Win Grand Marina experiences. The facility aims to be ready in…
Dubai International Airport topped the list of the world’s airports by scheduled international seats in October, providing 4.6 million outbound seats (9.2 million round trips), a 5.3% month-on-month rise. The…
The US president designated Jay Clayton to head a new White House AI task force aiming to keep the United States at the forefront of AI development while pledging to protect American interests and improve…
Most Gulf stock markets closed higher on Sunday, led by Saudi Arabia where investor enthusiasm returned amid stable oil prices and expectations of slower U.S. rate hikes. The Saudi index gained about 1.1%,…
A Dubai market in the third quarter of 2026 shows two coexisting dynamics: a broad residential segment increasing in price sensitivity and supply, and a map-based segment attracting a large number of off-plan…
The UAE’s Ministry of Foreign Affairs, Ajman Chamber of Commerce and Industry, and Ajman Finance Department activated a Unified Authentication Package for documents issued by Ajman Chamber, aiming to…
Global hotel brands anticipate rising room demand in the Middle East with Dubai expanding by thousands of rooms by 2028. While pricing pressures persist, major events and continued expansion signals…
Securities markets in the UAE added 8,919 new accounts in September 2026: 5,298 in Dubai Financial Market and 3,621 in Abu Dhabi Exchange. Total trading value approached 77.18 billion dirhams across both…
Emirates launched EK 167 to Helsinki, inaugurating the airline’s first year-round, direct connection between Finland and the UAE. The service aims to broaden tourism, business, and trade opportunities, with…
Leaders of the G7 agreed to release 100 million barrels from oil and fuel reserves, coordinated with the International Energy Agency, to counter a sharp rise in diesel prices and ease pressures on global…
New and added building activity in Abu Dhabi during Q2 2026 included 6967 completed buildings, with 6236 new completions, 170 additions, and 2285 building permits issued across Abu Dhabi, Al Ain, and the…
Sharjah Investment Forum 2026 (SIF 2026) announces a network of more than 20 partners and sponsors, linking government entities, private-sector companies and media to investors. The ninth edition, themed…
Etihad Airways says it has reviewed the Premier League’s disciplinary ruling and notes the absence of its name in the published results. The airline rejects any implication of improper commercial arrangements…
Fly Dubai announced a temporary suspension of flights from and to Israel in coordination with authorities until investigations are complete. The airline cites prioritizing passenger and crew safety and will…
Total real estate transactions in Abu Dhabi amounted to 166.4 billion dirhams in the first nine months of the year, with 116.76 billion in sales and 45.3 billion in mortgages. Residential unit sales reached…
The Arab Bank for Investment and Foreign Trade (the Bank) and Sukoon Insurance and Sukoon Takaful sign a strategic partnership to broaden protection and insurance offerings for clients, leveraging the Bank’s…
ADEPTS Chartered Accountants has introduced a free online ICV Score Calculator that uses the National ICV methodology to provide an itemised, sector-adjusted estimate of a company’s ICV score. The tool is for…
Huawei’s ongoing refinement of wide-screen foldables appears to be guiding industry moves, even as Apple joins the foldable field. The Pura X Max showcases durability, strong camera performance, and flexible…
Oil prices rose more than 3% after a move by Iran to resolve the tanker and regional tensions, reported by Al Khaleej. Brent crude reached about $107.54 per barrel, with U.S. WTI around $95.09, as markets…
Imams market: Used-car listings in the UAE show several models with average prices under 15,000 dirhams, where maintenance costs and availability of spare parts influence buying decisions. Data from Dubizzle…
In the United Arab Emirates, call charging units differ by operator, package, and service. Some plans bill by the minute for inclusive usage and by the second for usage outside allowances; others specify…
A UAE market-wide view shows that cash-flow growth and balance-sheet strength, not just earnings, are increasingly linked to dividend policy. While some Adnoc group companies outline clear payout trajectories…
Shreesh Pedhi, CEO of Union Bank, notes that the UAE banking sector sustains a position of strength and resilience in H1, underpinned by a robust economy, clear monetary policy, and an advanced regulatory…
Dubai’s Gulf Today reports that Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum approved the Dubai Longevity Authority’s (DLA) strategy and operating budget after its inaugural board meeting. The approvals…
McDonald’s faces growing challenges to regain price-sensitive customers as sales slow and the stock falls, with concerns over the cost of a multi-year restaurant and service upgrade plan. The company warned…
In Mini Grandi, near Lake Maracaibo, vast oil can be found underground, yet residents face power outages and poverty. A US-backed agreement aims to grant access to 20% of Maracaibo Basin oil reserves,…
Chinese executives highlight Dubai’s role as a major regional and global growth hub, emphasizing the city’s vibrant business ecosystem, cloud computing development, and AI-enabled transformation. The Dubai…
Abu Dhabi Police participated in the inaugural Eye on Future Business Forum in Abu Dhabi, showcasing collaborations, proactive policing technologies, and innovative initiatives aimed at security, road safety,…
Emirates stock markets showed mixed performance over the week: Dubai rose 0.39% while Abu Dhabi declined 0.69%, with liquidity around 9.63 billion dirhams. Banks and property stocks led gains, aided by…
Mubadala Investment Company continues its human capital focus through the Mubadala for Excellence program, supporting UAE talents with financial and developmental resources to expand their professional and…
Dubai Customs extends the suspension of several customs duties by 60 more days, bringing the total duration to 180 days for suspended regimes ending between 27 February 2026 and 31 October 2026. The extension…
A The Economist report from Dubai highlights Dubai’s resilient economy and continued business activity, with Emirati companies expanding investments and markets beyond the region. The piece notes strong…
Oil prices rose for a second day on concerns over global supply amid stalled diplomatic prospects between Washington and Tehran. Brent crude climbed about 4% to around $107 per barrel, while U.S. WTI gained…
The Investment Bank of Abu Dhabi (hypothetical name inferred from context) has announced a general assembly date for 15 October 2026 to approve a 1:82.18 share consolidation. The move restructures nominal…
Abu Dhabi Customs participated in the inaugural Eye of the Future Business Forum, highlighting its service suite and facilitation programs such as the Authorized Economic Operator and the Gold List to…
Strata Manufacturing confirms ongoing national capacity-building in the UAE’s advanced industry sector, noting a localization rate above 67%, with women comprising 88% of local hires. The company started in…
Prices for transport-related fuels and lubricants in the European Union rose by 23.8% in August 2026 vs August 2025, marking an ongoing upward trend after increases of 13.7% in June and 16.9% in July. In the…
Six large Canadian banks are jointly examining digital cash solutions denominated in Canadian dollars, including tokenized deposits. The collaboration seeks to strengthen payments infrastructure, enable…
U.S. stocks rose modestly as oil prices fell, easing pressure on markets amid ongoing bets on AI-linked equities. Traders monitored energy supplies after reports of a potential reopen of the Hormuz Strait and…
The Maldives government and Eagle Hills have signed a commercial terms agreement for a large-scale, multi-phase waterfront destination in Ras Malé. The plan envisions hotels, residences, a marina, retail, and…
Global Food Week 2026 in Abu Dhabi will introduce a new model that combines B2B and consumer-facing activities, aiming to boost investment, business expansion, and growth across the food and beverage sector.…
Dubai’s property market logged 3.4 billion dirhams in transactions on Monday from 935 deals, according to the Dubai Rest app. Sales amounted to 1.75 billion dirhams across 650 deals, with notable activity in…
Suez Canal Authority reports improved navigation metrics for August: 1,358 vessels passed, totaling 68.3 million tonnes, up from 1,070 ships and 45.2 million tonnes a year earlier. August revenue reached…
The Sharjah Ports, Customs and Free Zones Authority, with Oman’s customs, reports notable early indicators after launching the Sharjah–Oman logistics corridor on 17 May 2026. The corridor links sea and land…
Al Khaleej reports that OpenAI is expected to burn about $278 billion in cash between 2026 and end-2030, per a Financial Times-anchored presentation cited by the paper. While revenue is forecast to rise from…
Sharjah International Airport Authority (SIAA) underscores the active contributions of Emirati women leaders across finance, marketing, strategic planning, internal audit, and technical fields, noting that…
German automaker Volkswagen cautioned of a substantial earnings hit amid weaker demand in China, Porsche write-downs, and restructuring costs, signaling a tighter profit outlook for 2026 and ongoing job-cut…
The Ajman Al Quwain Chamber of Commerce and Industry welcomed a 15-member Chinese businesswomen delegation representing major firms with combined annual revenue around 4.85 billion yuan. The visit, organized…
Apple begins official UAE rollout of iPhone 18 Pro and iPhone 18 Pro Max, with first customers collecting devices in Dubai and Abu Dhabi outlets amid long queues. The launch follows a September 12 pre-order…
A bank’s decision on a loan hinges on payment ability, existing obligations, credit history, product criteria, and required documents. Rejection does not necessarily mean ineligibility forever; addressing the…
Abu Dhabi Securities Exchange and Symbol Capital announce the fourth round of the Symbol Investment and Trading Contest. The program aims to promote financial literacy and long-term investing in the United…
Ajman’s Finance Department hosted Partners’ Meeting 2026 with representatives from 42 partner entities across public, federal, financial, academic, and community sectors. The event reinforces a strategy to…
The Abu Dhabi Department of Culture and Tourism signed nine joint marketing agreements with leading Indian travel agencies and tour operators, targeting an additional 75,500 Indian visitors. The centerpiece,…
Goldman Sachs raises its 12-month target price for Parkin, a UAE parking facilities and services company. The rating remains Buy. The report notes the higher target but does not alter the stock’s current…
Dubai Future Foundation, in collaboration with Dubai Land Department and Dubai Digital Authority, announces the launch of the Real Estate Technology Data Sandbox within the Sandboxes Dubai platform. The…
Emirates NBD announces strategic digital financing facilities for Cars24 Arabia to support its expansion across the UAE. The agreement enables fully digital, API-driven access to loan origination,…
At the second day of the Arabian Travel Market, Sheikh Nahyan bin Mubarak Al Nahyan visited the Emirates booth to review products and latest cabin innovations. Emirates signed multiple partnership accords…
A signing in Abu Dhabi was held with Azerbaijan Green Energy Company (AGEC) to study expanding the Karadag solar plant and to explore a 24-hour renewable energy project, plus a separate agreement on the…
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum honored government, semi-government, and private entities for expanding procurement contracts to Emirati suppliers under the UAE Supplier Program. The awards…
Type 2, no AI processing
Bollywood star Tiger Shroff had a narrow escape on Sunday after three men on a motorcycle opened fire at his car in Mumbai's Juhu area, leaving the actor's driver injured, the police said.Deputy Commissioner of Police (DCP) Zone II, Mumbai, Mohit Garg, said three rounds were fired at the 36-year-old actor's car after he was leaving a playground where he…
The United Arab Emirates has expressed its solidarity and sincere condolences to the Kingdom of Saudi Arabia following the martyrdom of two officers in the crash of a reconnaissance helicopter belonging to the Ministry of National Guard in the Najran region.The Saudi-led coalition's spokesperson Major General Turki Al-Maliki said in a statement that a…
Abu Dhabi Family, Civil and Administrative Cases Court ordered a man to pay Dhs18,000 to a woman and fined him Dhs10,000 as compensation on swindle charges.The woman reached an agreement with the man to bring her a domestic worker and handed the aforementioned sum over to him in accordance with the agreement. The man, however, kept the money for himself,…
A 20-year-old Emirati female university student from Ras Al Khaimah, identified as BDKA, succumbed to her injuries from a traffic accident that took place on Al Dhaid Road.The deceased, accompanied by her colleague, was on her way back from the UAE University in Al Ain City when the accident occurred. Her colleague, who was driving the vehicle, sustained a…
UAE President His Highness Sheikh Mohamed Bin Zayed Al Nahyan on Sunday received Prince Khalid Bin Salman Bin Abdulaziz Al Saud, Minister of Defence of the Kingdom of Saudi Arabia.Prince Khalid Bin Salman conveyed to Sheikh Mohamed the greetings of the Custodian of the Two Holy Mosques, King Salman Bin Abdulaziz Al Saud of the Kingdom of Saudi Arabia, and…
Dubai Municipality has completed more than 107 projects with a combined value of Dhs1.6 billion in 2026, marking a significant milestone in the continued development of Dubai's public spaces and community spaces.Delivered through its Public Facilities Agency, the projects reflect the Municipality's commitment to expanding the city's public destinations,…
Dubai will host the 31st International Society of Hypertension Scientific Meeting, held jointly with the 17th Emirates Cardiac Society Annual Conference (ISH-ECS 2026), from 22–25 October 2026 at InterContinental Dubai Festival City. This marks the first time the international meeting has been held in the Middle East and North Africa, representing a…
The National Centre of Meteorology (NCM) has reported that indicators in the Pacific Ocean suggest a significant El Niño event, projected to last until February 2027, affecting the UAE through April 2027.The NCM explained that climate models consistently predict the phenomenon will reach its peak in October and November 2026, with a temperature anomaly…
The Department of Municipalities and Transport (DMT) has affirmed that since it was opened in 2023, the Mina Tunnel in Abu Dhabi has continued to improve mobility across the emirate, reducing travel times by 40 per cent and traffic accidents by 23 per cent.The tunnel contributes to improving air quality in the surrounding areas, as concentrations of air…
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, commended the Dubai Integrated Economic Zones Authority (DIEZ) for achieving another record trade performance in the first half of 2026, with the total value of trade across its three economic…
Business & InvestmentAn Egyptian newborn has captured attention with his remarkably calm demeanour, appearing completely at ease moments after birth.In a video circulating online, the baby is seen lying on a blue medical sheet, with his arms resting behind his head and his legs comfortably crossed. Rather than crying or fussing, the little one appears relaxed, as medical staff…
Black Cloud Solutions, a DIFC-based technology company, has officially launched ThakAIذكا, a Regulatory Intelligence Platform built in the UAE for enterprises and businesses of all sizes.As the UAE’s regulatory landscape grows increasingly sophisticated, businesses must keep track of corporate taxation, employment, licensing, data protection and sector…
The United Arab Emirates has signed the agreement to host the 2029 Annual Meetings of the World Bank Group (WBG) and International Monetary Fund (IMF) in Abu Dhabi.Signed at the conclusion of the 2026 Annual Meetings of the International Monetary Fund and World Bank Group in Bangkok, Thailand, the agreement reflects growing international confidence in the…
Business & InvestmentData from the Statistical Centre for the Cooperation Council for the Arab States of the Gulf (GCC-Stat) show that industrial investments total approximately $426 billion, while the number of factories stands at nearly 22,000. The industrial sector employs more than 1.7 million people, according to the latest available statistical data as of July…
Business & InvestmentA speeding truck in India killed 13 people when it ploughed into a crowd at a Hindu festival, officials said on Sunday, with President Droupadi Murmu describing the deaths as "heartbreaking".The heavily loaded truck reportedly lost control in the early hours of Sunday and hit devotees gathered at a temple in Gwalior, in the central state of Madhya…
During an urgent meeting chaired by President Abdel Fattah Al Sisi at the Ittihadiya Palace on Sunday morning, Egypt’s National Defence Council approved deploying Egyptian military forces to Saudi Arabia. This mission aims to safeguard the Kingdom's security and stability. The decision now awaits necessary constitutional approval from the Egyptian House of…
Over a ten-month span in 2026, Abu Dhabi Police seized 9,237 electric scooters for violating traffic rules and regulations. The infractions primarily involved using these scooters on public roads, amidst motor vehicles, and in non-designated areas, creating substantial safety risks for both riders and other road users.The Traffic and Security Patrols…
Tomorrow, on Monday, October 19, students will return to their studies and coursework after the mid-term break of the first semester in the 2026-2027 academic year. Schools have stressed the importance of being present from day one, following schedules strictly, and actively participating in all classes, as preparations for the upcoming end-of-semester…
Kenya's Ministry of Health has reported four new Ebola cases, bringing the total number of infections in the country to seven, including one death.According to media reports citing a statement from the ministry, the new cases involved a relative of the first patient who died from the virus and three healthcare workers who cared for the patient during…
The Government of Dubai has announced the emirate’s Gross Domestic Product (GDP) results for H1 2026, with real GDP reaching approximately Dhs473 billion, according to data released by the Dubai Data and Statistics Establishment at Digital Dubai.The results reflect continued growth across a range of strategic sectors and activities, led by financial and…
Business & InvestmentOn Sunday, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, via the X platform, said that hope is the cornerstone for thriving societies, guiding people toward a brighter future and fueling the aspirations of the youth for a better tomorrow. Reflecting this vision, His Highness has…
Four people died on Indonesia's Java island fighting the blazes that have sent toxic smoke across southeast Asia, closed schools and fuelled a surge of respiratory complaints, authorities said Friday.The impact of the months-long fires has also prompted Singapore's leader to vow legal action against any companies responsible for the blazes that have made…
The United Arab Emirates has expressed its solidarity with the Republic of Turkey following heavy rains and floods, which resulted in a number of deaths, injuries, and missing persons, as well as significant damage.In a statement, the Ministry of Foreign Affairs (MoFA) expressed its sincere condolences and sympathy to the families of the victims, and to…
Egypt's parliament will hold an emergency session on Sunday after President Abdel Fattah Al Sisi asked lawmakers to authorise support for Saudi defences against Houthi attacks if the kingdom requests it.Saudi Arabia leads a military coalition supporting Yemen's internationally recognised government in its civil war with the Iran-backed Houthis.Egypt joined…
The UAE's National Centre of Meteorology (NCM) expects rain to fall on scattered parts of the country today (Sunday) in the afternoon, predicting more opportunities of rainfall to continue for the next five days.The NCM also expects weather condition for today to be sunny to partly cloudy and humid in the morning in some coastal and inland areas with…
Prime Minister Narendra Modi announced Rs200,000 to the next of kin of each of those who lost their lives in a stampede at the Chorbagan Sarbojonin community Durga Puja pandal on Muktarambabu Street in North Kolkata on Saturday, in which 17 people were killed, and 25 people were seriously injured.Modi on X said that the stampede in Kolkata is saddening,…
Police and protesters clashed violently in Paris and other French cities on Saturday on the sidelines of nationwide marches against soaring inflation, with one demonstrator's hand blown off, multiple blazes set and looters breaking into dozens of stores to strip them bare.The widespread unrest follows weeks of student protests and deepens political…
Scores of emerging engineering students from 13 universities across the UAE participated in an autonomous robotics challenge TechBots League SumoX 26 held in Dubai. Out of 46 teams, the engineering students from Canadian University Dubai (CUD) made history by securing the title at the Dubai TechBots League SumoX 26.The winning CUD team included Anthony…
The UAE mission in Madrid advises UAE citizens presently in Spain to be cautious and stay alert due to the approaching weather system "Adam," anticipated to impact much of the country. The mission stresses the need to adhere to safety guidelines provided by local authorities.In case of an emergency, you can reach out at 0097180024 or 009718004444, and it…
On Saturday, the various areas in the country experienced a range of rainfall, from light showers to heavy downpours, across different regions. The National Centre of Meteorology (NCM) noted heavy rain in the Khatm Al Shiklah area of Al-Sa’a in Al Ain, with moderate to heavy rain reported in Malaqet and Umm Ghafa. In contrast, the Al Nabagh area saw light…
Skip the airport queues, the baggage carousels, and the passport control. As the UAE weather begins to cool, residents are increasingly seeking premium getaways without the logistical hassle of a boarding pass. The ultimate standalone weekend escape lies just a short drive away, proving you do not need to leave the country to truly get away. Khorfakkan…
Business & InvestmentThe Abu Dhabi Family, Civil, and Administrative Cases Court has mandated an individual to pay Dhs20,000 as compensation for recording and sharing a video of another person on TikTok and Snapchat without his approval. This video was posted with comments that tarnished the complainant’s reputation, adversely affecting his personal and professional life, as…
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, recognised SWS Board Technology as the winner of the Dubai-it Award in the field of Economy.The project was recognised for successfully developing one of the world’s largest manufacturing…
Business & InvestmentEng. Abdullah Hamad Al Aryani, Acting Executive Director of the Planning and Strategic Affairs Sector at the Integrated Transport Centre (ITC) — part of the DMT, said that fines set by Administrative Resolution No. 21 of 2022 will be imposed on offenders, including cyclists, micro-mobility device users, and rental service operators. Specifically, a fine of…
White House Press Secretary Katie Zacharia was pushed out on Friday after less than a week in the high-profile job following a series of blunders that added to distractions for her embattled boss, President Donald Trump."Can confirm," a White House official told AFP, after Fox News reported that Zacharia, 41, was "transitioning out."The writing was on the…
Dubai Chambers has signed Memorandums of Understanding (MoUs) with four chambers of commerce in China to strengthen cooperation, support the business community, and deepen ties between companies in Dubai and their counterparts in Beijing, Shenzhen, Guangzhou, and Chongqing.Dubai Chambers signed the agreements with the Beijing Chamber of International…
Business & InvestmentBrent touched $110 a barrel for the first time since May on Friday on worries that escalating tensions in the Middle East could further tighten supplies, while investors assessed how much diesel Russia could supply to the global market, according to Reuters.Brent crude futures settled $3.94, or 3.7%, higher at $109.86, the highest since May 19, while US…
Business & InvestmentIn a move demonstrating their commitment to traveller satisfaction and security, the Dubai Police General Command's Airport Security Department successfully returned a lost bag to its rightful owner.The bag, which contained cash, a mobile phone, and various personal valuables, was swiftly handled by authorities who ensured its safe return. The passenger,…
Indian Navy’s sail training ship INS Sudarshini welcomed over 500 members of the Indian diaspora on board at Oman’s Salalah, including children and teachers from Indian School Salalah, the Indian Embassy in Muscat said on Friday."INS Sudarshini welcomed over 500 members of the Indian diaspora at Salalah, including children and teachers from Indian School…
As food has become a basic human right, the UN called on countries to harness data, innovation, and technology, including artificial intelligence, to ensure that every person, everywhere, has access to safe, nutritious and affordable food.''Yet around 645 million people faced hunger last year and nearly 2.7 billion people cannot afford a healthy diet,''…
A tanker was struck by an "unknown projectile" off Saudi Arabia's Gulf coast, forcing the evacuation of its crew, a maritime monitoring agency said on Saturday.The vessel was hit on Friday, 68 nautical miles off the coast of Jubail, the United Kingdom Maritime Trade Operations (UKMTO) said, adding that "all crew are reported safe".Ships have regularly come…
Dr Sheikh Sultan Bin Ahmed Bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, inaugurated Dinas Health Clinic in the Dinas area on the island of Mindanao in the Republic of the Philippines.The clinic was renovated with support from the “Alam wa Amal” programme, broadcast on Sharjah TV, which is affiliated with the…
A recent Reuters report has brought fresh attention to one of eastern Libya’s most ambitious industrial plans, a large-scale facility near Benghazi led by Ahmed Gadalla that will manufacture lower-emission iron for steelmakers. The Turkish-Libyan partnership behind the project expects to mobilise about $2.5 billion and bring the plant into commercial…
Business & InvestmentHurricane Trudy intensified into a major storm off Mexico’s Pacific coast early on Friday, reaching Category 3 status.The weather system is generating maximum sustained winds of 120 mph (195 kph) while travelling northwest at 6 mph (9 kmph), according to the U.S. National Hurricane Center in Miami.It was situated around 260 miles (420 kilometers)…
A magnitude 5.6 earthquake struck near Khuzdar in Pakistan's Balochistan province on Saturday, the German Research Centre for Geosciences (GFZ) said.The quake was at a depth of 10 km (6 miles), GFZ said.WAM
Missiles struck Yemen's Aden International Airport on Friday, while a Saudi-led military coalition said it had intercepted a ballistic missile headed for the Red Sea city of Yanbu, a key Saudi oil hub that allows exports to avoid the Strait of Hormuz.The coalition said it had also destroyed two cruise missiles over the Red Sea and three drones in…
Canadian Prime Minister Mark Carney made a final appeal to voters considering a path toward independence in his home province of Alberta on Friday, warning that a referendum is a dangerous gamble at a time of growing threats to Canada’s sovereignty.Carney warned that the referendum comes at the “worst possible time” and urged Albertans not to take the…
President Donald Trump waived key Russia-related US sanctions and tariffs days before they were to take effect under a law he signed last month.In an executive order released by the White House on Friday, Trump said the waiver was in the national interests of the United States.The legislation, whose primary backer in Congress was the late Senator Lindsey…
The General Civil Aviation Authority (GCAA) has advised that this time of year is characterised by changing weather conditions and reduced horizontal visibility in some parts of the UAE. These conditions may affect some flight operations and result in limited delays, depending on prevailing weather conditions and operational safety requirements.Such…
UAE searches for Van, a lake city in eastern Türkiye, rose 2,607% in a year, the steepest climb Skyscanner recorded from this market. Van sits on a new travel map. Residents here plan more trips, pick each place for one clear reason, and pay more for the seat to get there. A survey of 1,000 […] Follow on Twitter @DubaiChronicle
The United Arab Emirates has renewed its commitment to accelerating regional and global efforts to eradicate polio, advancing sustainable health security and building resilient health systems centred on proactive prevention and future readiness.The UAE underscored the importance of effective partnerships with the World Health Organization (WHO) and Member…
Sheikh Sultan Bin Ahmed Bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, affirmed that humanitarian and charitable work is a deeply rooted pillar of the United Arab Emirates, which spares no effort in extending a helping hand and providing the necessary support to those in need around the world. The UAE conveys a…
Police have arrested four people, including a woman and her lover, in connection with the murder of her husband, Umashankar, alias Guddu Kaushal, a jewellery trader in Lalganj town of Uttar Pradesh’s Pratapgarh district.Police suspect that the accused wife conspired with her alleged lover and his two associates to execute the murder. Call detail records,…
An Arab persuaded another to invest money in projects and deals involving the purchase of vehicles, promising significant returns. The victim transferred funds and gave him cash Dhs366,000, of which only Dhs100,000 was returned.Dubai Civil Court ruled that the plaintiff should be entitled to recover approximately Dhs266,000 plus Dhs50,000 in compensation…
Tesla unveiled a redesigned Roadster powered with rocket-style thrusters on Thursday and said it would start production in 2028, more than a decade after it first showed a next-generation version of its electric sports car.The white two-seater vehicle, developed in collaboration with CEO Elon Musk's rocket company SpaceX, drove upside down on a ramp…
Dubai Police have arrested an eight-member criminal gang accused of fraudulently obtaining driving licences from a neighbouring country for customers who had never travelled there or completed the required driving lessons and tests, so they could subsequently exchange them for UAE driving licences under existing international licence exchange…
Abu Dhabi Police urged motorists to take caution and abide by safe driving guidelines during the rainfall and unstable weather conditions expected over the coming days, stressing the importance of checking weather forecasts before setting out, reducing speeds and avoid tailgating to ensure the safety of all road users.They warned against the dangers of…
His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, on Friday received Dr. Subrahmanyam Jaishankar, India's Minister of External Affairs, to discuss strengthening bilateral relations and expanding cooperation across various sectors, particularly economic and trade ties, in support of mutual interests, prosperity…
Business & InvestmentPresident His Highness Sheikh Mohamed Bin Zayed Al Nahyan has sent a message of congratulations to His Holiness Pope Leo XIV, Head of the Catholic Church, on the success of his surgery. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour Bin Zayed Al Nahyan, Vice President,…
Abdulla Bin Touq Al Marri, Minister of Economy and Tourism, met with Mariam Kvrivishvili, Vice Prime Minister and Minister of Economy and Sustainable Development of Georgia, to discuss strengthening economic relations between the UAE and Georgia. The meeting explored opportunities for cooperation in the new economy, circular economy, food security,…
Business & InvestmentSheikh Dr Sultan Bin Ahmed Bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, said that humanitarian and charitable work is deeply rooted in the UAE's values, reflecting its commitment to supporting communities in need worldwide. The UAE conveys a message of goodness, compassion, and humanity that brings together…
The New Delhi Municipal Council (NDMC) has told the Delhi Police that Central Park will remain closed on October 16 and 17 for administrative reasons.NDMC has requested appropriate security arrangements to prevent any unauthorised entry into the park.The Delhi Police have appealed to general public not to violate prohibitory orders imposed under Section…
Zayed International Airport (AUH) announced on Friday the launch of Condor’s new daily, year-round service between Berlin and Abu Dhabi.The new route, operated by an Airbus A320neo, marks the first scheduled direct connection between the two capitals on Condor’s network.Condor’s codeshare partnership with Etihad Airways strengthens connectivity between…
Business & InvestmentA 16-year-old shot his way through locked doors to get into an elementary school in Bend, Oregon, on Thursday, killing three children and a teacher. He was then shot by a person at the scene who followed him inside, authorities said.The suspect was found dead inside the school minutes after the shooting was first reported, Bend Police Chief Mike Krantz…
In the presence of Sheikha Bodour Bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq), Founder & Managing Director of Emaar Properties Mohamed Alabbar revealed that Emaar’s sales backlog - the value of property sales yet to be recognised as revenue - stood at around Dhs180 billion, while indicating its…
Business & InvestmentIndians living in Saudi Arabia have been urged to remain calm and alert and stay indoors in case of an aerial attack, with the Indian Embassy in Riyadh saying on Thursday that Saudi carriers continue to operate flights to India even as Air India and IndiGo have cancelled services from the Islamic Kingdom.In a video message to the Indian community in the…
Sheikh Abdullah Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, received Anita Anand, Canada's Minister of Foreign Affairs. During the meeting, the two sides discussed bilateral relations, areas of joint cooperation and ways to strengthen them in support of their mutual interests. They also explored opportunities to enhance…
The UAE is spearheading international efforts to combat hunger and malnutrition through humanitarian assistance, development partnerships and agricultural innovation, aiming to save lives, strengthen food system resilience and ensure sustainable supplies. These efforts were reflected in a range of initiatives throughout 2026, including humanitarian…
The UAE has reaffirmed the right of states to use nuclear energy for peaceful purposes, provided they fully comply with the safeguards of the International Atomic Energy Agency (IAEA), citing the Barakah Nuclear Energy Plant as a tangible example of its commitment to the responsible use of nuclear technology.Speaking during the general debate of the First…
Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, Chairman of The Executive Council of Dubai, and Chairman of the Board of Trustees of Dubai Future Foundation, met with the 20 emerging global leaders under the age of 30 featured in the ‘Future 20’ list, announced by the World…
Fili Poultry Farm, a subsidiary of the Sharjah Agricultural and Livestock Production Establishment (Ektifa), has distinguished itself as the first farm in the UAE to be awarded the Free-Range Label by the Ministry of Industry and Advanced Technology. This accolade underscores the farm's dedication to internationally recognised best practices, furthering…
The Middle East’s renewable-energy sector is attracting record investment, with solar power increasingly central to energy diversification and security. Iraq is an important potential market, where unreliable electricity supplies have created demand for large-scale generation and decentralised projects.The region added a record 16 gigawatts of solar and…
Business & InvestmentSuccessful destinations are those that bring together culture, hospitality, infrastructure and community needs to create experiences that encourage investment and generate lasting economic value, according to speakers at the ninth Sharjah Investment Forum (SIF 2026).The insights shared by leading local officials and hospitality industry experts, namely,…
Business & InvestmentSaeed Mohammed Al Tayer, Managing Director and CEO of Dubai Electricity and Water Authority (Dewa), received a high-level delegation from the World Economic Forum (WEF) led by Alois Zwinggi, President and CEO of the Forum and Chair of the Annual Meetings of the Global Future Councils, and discussed cooperation in sustainability, technology and economic…
Business & InvestmentAbu Dhabi Labour Court of First Instance has ordered a company to pay Dhs90,750 in compensation to a dismissed employee for failing to pay his salary for 4 consecutive months and abstaining from giving him the notice-period allowance.Earlier, an employee filed a lawsuit against the company he used to work for, in which he requested the court to obligate…
President His Highness Sheikh Mohamed Bin Zayed Al Nahyan has sent a message of condolences to the Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al Saud of Saudi Arabia, expressing his sincere condolences and sympathy over the victims of attacks on King Khalid International Airport in Riyadh, which resulted in several deaths and injuries. He…
Within a qualitative proactive security operation called “END OF THE BATTLE,” Sharjah Police, in cooperation with the Ministry of Interior, secured the assets of companies valued at Dhs65 billion and arrested 33 suspects from 12 nationalities, including the leaders of the largest organized international criminal networks in cross-border cybercrime.The…
Residential development sells out in under two weeks as developer expands its AED 1.2 billion portfolioZoya Developments has officially broken ground on Elinor by Zoya, its AED 104 million residential project in Dubai South, marking the start of construction less than two months after its launch and following a complete sell-out in under two weeks.The…
Business & InvestmentThe real estate market in the Emirate of Sharjah attracted investors from 130 different nationalities during the first nine months of 2026. Total traded properties across various investment categories reached 46,125, while the market welcomed 9,891 new investors during the same period — an indicator reflecting the diversity of the investor base and the…
Business & InvestmentLong before Dubai became a global culinary destination, Golden Dragon was introducing residents to Chinese cuisine, creating memories that would endure for generations. Fifty years later, the restaurant has reunited the people and families who helped shape its journey.Founded on October 14, 1976, in Bur Dubai by the late K.M. Bhatia under KM Brothers,…
Business & InvestmentThe World Health Organization on Thursday told countries to do more to prevent lead exposure, with hundreds of millions of children affected worldwide."Lead poisoning is one of the world's most serious yet overlooked environmental health threats," said Bruce Gordon, head of the WHO's environment department. Lead is categorised by the WHO as one of the 10…
Al Masaood Automobiles, the authorized Nissan distributor in Abu Dhabi, Al Ain and Al Dhafra, has announced the arrival of the Nissan Patrol 75th Anniversary Edition at its showrooms, inviting customers to reserve the exclusive model celebrating one of the automotive industry’s most enduring nameplates.Developed specifically for the GCC, the special…
Business & InvestmentAldar on Thursday announced an Dhs1.1 billion forward purchase agreement with Arada for three residential blocks comprising over 1,100 units across nine buildings in Aljada, Sharjah’s flagship mixed-use master development.The transaction marks Aldar’s first real estate investment in the emirate and expands its develop-to-hold pipeline to Dhs21 billion. The…
Business & InvestmentA new study finds that climate change and El Niño combined to rev up last month's explosively intensifying Hurricane Polo, which was the longest-lasting Category 5 storm ever to churn in the Pacific.Global warming caused by the burning of coal, oil and gas was the bigger of the two culprits, adding about 6 mph (nearly 10 kph) to its already monstrous…
Opportunity Intelligence
Opportunities arise in digital banking, AI-enabled financial services, and fintech-enabled efficiency gains within the UAE’s expanding economy.
Potential for broader adoption of flexible payment terms across Dubai's rental market, aligning with diverse property types and business needs.
Opportunity to leverage a high-end marina hub to boost tourism, upscale services, and cross-sectors within the resort’s ecosystem.
