🇦🇪UAE Legal News

Dubai’s property engine roared to life in spectacular fashion, clocking its most valuable single day on record. On January 26, real estate transactions surged to AED15.6 billion ($4.25 billion), a milestone that redraws the ceiling for daily market performance in the emirate. The figure was powered by 1,501 individual deals, underscoring not just scale, but …

$4.25 Billion in a Day: Dubai Property Market Smashes All-Time Record Read More »

Corporate heavyweights across the Gulf are stepping into 2026 with credit strength intact, even as oil prices soften and geopolitical nerves flicker. According to S&P Global Ratings, companies across the GCC are expected to preserve stable credit profiles this year, buoyed by solid financial buffers and strong sovereign linkages. Lower crude prices and regional tensions …

Gulf Corporates Enter 2026 With Steelier Balance Sheets Despite Oil Dip Read More »

Trading floors across the Gulf opened to a cautious hum on Wednesday, screens flickering red as nerves over U.S.–Iran diplomacy resurfaced. The region’s main indices slipped, with Dubai absorbing the sharpest blow. The unease followed fresh signals from Washington. President Donald Trump said he was weighing the deployment of a second aircraft carrier to the …

Gulf Markets Drift Lower as Washington–Tehran Tensions Cloud Investor Mood Read More »

The United Arab Emirates has been quietly stacking gold — and in 2025, the pile grew dramatically. Fresh figures from the Central Bank show the country’s gold reserves soaring nearly 65 percent over the year, closing December at AED 37.9 billion. Twelve months earlier, the tally stood at AED 22.98 billion. The surge underscores a …

Golden Cushion: UAE Central Bank’s Bullion Vault Swells to Record High Read More »

Dubai’s district cooling heavyweight has a new power center. Dubai Holding has cashed out of Emirates Central Cooling Systems Corporation (Empower), selling its entire 24% stake to Dubai Electricity and Water Authority (DEWA) in a transaction valued at AED 5.184 billion — roughly $1.4 billion. The move reshapes the ownership map. DEWA’s share climbs from …

Cooling Crown Consolidated: DEWA Tightens Grip on Empower in $1.4 Billion Deal Read More »

Dubai’s equity markets, quiet for much of last year, may be preparing for a sharper soundtrack in 2026 — the clang of opening bells and the shuffle of fresh prospectuses. At the front of the queue is Dubai Investments Park (DIP), the sprawling mixed-use development that has long functioned as a self-contained city within the …

After Eid, the Bell May Ring Again: Dubai’s IPO Engine Warms Up Read More »

Africa is sitting on one of the richest mineral endowments on the planet — and much of it remains untouched. A new study by Africa Finance Corporation (AFC) estimates that the continent holds about $29.5 trillion in mine-site mineral value, roughly one-fifth of global mineral wealth. Yet a staggering $8.6 trillion worth of these resources …

Africa’s Hidden Motherlode: Trillions in Minerals Still Waiting to Be Tapped Read More »

The UAE’s hotel industry wrapped up 2025 in confident stride, riding a tourism wave that barely showed signs of slowing. Visitor numbers climbed across key emirates, room rates strengthened, and occupancies hovered at levels most markets can only envy. Dubai remained the engine of the surge, drawing 17.5 million international visitors in the first eleven …

Hotels Booked, Lobbies Buzzing: UAE Hospitality Closes 2025 at Full Tilt Read More »

The UAE’s real estate story closed the year with confidence, powered less by oil barrels and more by people, capital and conviction. Across homes, offices, malls, hotels and warehouses, activity stayed brisk through the final quarter, underscoring how deeply diversified the market has become. According to a new market assessment, steady non-oil expansion, population growth …

UAE Property Plays a Long Game as Non-Oil Engines Keep the Momentum Alive Read More »

Saudi Arabia’s $925 billion Public Investment Fund is preparing to unveil a fresh five-year strategy this week, signaling its most decisive pivot yet in the kingdom’s economic overhaul under Crown Prince Mohammed bin Salman, according to people familiar with the plans. The new roadmap, covering 2026 to 2030, has already been quietly introduced to select …

Saudi Arabia’s Sovereign Wealth Giant Rewrites the Playbook as Mega-Projects Lose Centre Stage Read More »