🇦🇪UAE Legal News

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 »

The UAE’s banking sector wrapped up 2025 on a high note, adding more than AED780 billion in assets over the year and pushing the system’s total size to roughly AED5.34 trillion by December, up from about AED4.56 trillion a year earlier. Figures released by the Central Bank of the UAE show momentum carrying through to …

UAE Lenders Swell to Record Size as 2025 Delivers a Balance-Sheet Boom Read More »

Dubai developer Binghatti has locked in a $500 million five-year sukuk, riding a surge of investor appetite that pushed demand well past expectations. The Islamic bond was priced with a profit rate of 8.375%, translating to a spread of 461.3 basis points over US Treasuries. Interest was strong from the outset, with final order books …

Binghatti’s $500m Sukuk Draws Heavy Demand as Investors Crowd In Read More »

Dubai’s financial regulator has handed Ark Capital Management (Dubai) Limited a sharp rebuke — and a sizeable fine — after concluding the firm fell short on basic market abuse safeguards. The Dubai Financial Services Authority ordered Ark Capital to pay 1.85 million dirhams (about $504,000), citing weak internal systems that failed to properly flag, assess, …

Dubai Watchdog Slaps Ark Capital With Hefty Penalty Over Trading Oversight Gaps Read More »

Saudi Arabia has shaved the price of its flagship Arab Light crude for Asian buyers yet again, marking a fourth consecutive monthly cut and taking March prices to levels not seen in more than five years. The adjustment comes as the global oil market grapples with an uncomfortable imbalance: supply is rising faster than consumption. …

Saudi Arabia Pushes Asia Prices Lower as Oil Supply Keeps Outrunning Demand Read More »

Dubai has switched on the engines of its driverless future. The Roads and Transport Authority has officially begun operations of fully autonomous taxis, marking a decisive leap toward public, everyday use of self-driving transport across the emirate. The service is scheduled to open to passengers in the first quarter of 2026, operating on roads already …

Dubai’s Streets Enter the Autonomous Era as Driverless Taxis Go Live Read More »

Saudi lenders are still keeping a cautious distance from the kingdom’s headline-grabbing giga projects, but that buffer is thinning as construction inches closer to real-world operations, according to Fitch Ratings. For now, the numbers remain manageable. Bank exposure to Vision 2030’s flagship developments is relatively light, meaning delays or scale-backs are unlikely to trigger a …

Saudi Banks Tiptoe Into Vision 2030’s Mega Build—For Now Read More »

A new global yardstick for bureaucracy made its debut at the World Governments Summit, aiming to answer a simple but elusive question: how does dealing with the government actually feel for people and businesses? Unveiled in Abu Dhabi, the Global Bureaucracy Perception Index (GBPI) steps away from theory and rankings built on policy intent. Instead, …

When Red Tape Gets Measured: A New Index Puts Government Services Under the Microscope Read More »

German Chancellor Friedrich Merz has set his sights on the Gulf, opening a tour of Saudi Arabia, Qatar and the United Arab Emirates with a clear message: Germany wants broader partnerships and fewer strategic blind spots. The trip is part of Berlin’s push to loosen its reliance on the United States and China by building …

Merz Turns to the Gulf as Berlin Hunts New Energy and Security Allies Read More »