🇦🇪UAE Legal News

Ports Giant DP World Posts Profit Surge but Flags Choppy Trade Waters

Ports Giant DP World Posts Profit Surge but Flags Choppy Trade Waters

DP World closed 2025 with a sharp jump in earnings, delivering a strong performance even as global trade routes continue to navigate a landscape shaped by geopolitical tension and shifting policy winds. The Dubai-based ports and logistics powerhouse reported net profit of $1.96 billion, marking a 32.2% increase from the previous year. The gain reflects …

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Oil Strength and Defensive Bets Lift Saudi Stocks Above Gulf Peers

Oil Strength and Defensive Bets Lift Saudi Stocks Above Gulf Peers

A wave of cautious repositioning across Middle Eastern markets is quietly steering investors toward Saudi Arabia’s equities, with the Kingdom’s benchmark index emerging as one of the region’s strongest performers during a period of geopolitical tension. The Tadawul All Share Index (TASI) climbed about 4.4% in the early days of March, signaling a rotation of …

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Dubai’s TECOM Rewards Investors With Record Dividend After Breakout Year

Dubai’s TECOM Rewards Investors With Record Dividend After Breakout Year

Shareholders of TECOM Group PJSC have signed off on a hefty cash payout following a year of standout financial performance, approving dividends that underscore the company’s sustained growth streak. During the annual shareholder gathering held at Dubai Internet City, investors endorsed a cash dividend of AED440 million for the second half of 2025. Combined with …

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Dubai Bounces Back but Gulf Markets Tread Carefully as War Tensions Shadow Trading

Dubai Bounces Back but Gulf Markets Tread Carefully as War Tensions Shadow Trading

Stock markets across the Gulf opened Wednesday with a cautious rebound, as investors stepped back into equities after recent losses—though the escalating conflict involving the United States, Israel, and Iran kept risk appetite in check. Dubai’s market led the recovery. The benchmark index climbed 0.9%, clawing back part of its recent decline. Budget carrier Air …

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Cairo’s Property Giant Backs New $154 Million REIT Focused on Income-Generating Assets

Cairo’s Property Giant Backs New $154 Million REIT Focused on Income-Generating Assets

A fresh real estate investment vehicle has emerged in Egypt’s financial landscape, backed by a subsidiary of Talaat Moustafa Group (TMG) and investment bank CI Capital. The newly established Awaed Real Estate Investment Fund launches with capital of roughly 8 billion Egyptian pounds (about $154 million) after securing approval from Egypt’s Financial Regulatory Authority. The …

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$3 Billion Bet on Riyadh’s Future: Global Capital Backs Vast King Salman Park District

$3 Billion Bet on Riyadh’s Future: Global Capital Backs Vast King Salman Park District

A fresh wave of international and regional investment is pouring into Saudi Arabia’s evolving urban landscape, with investors pledging $3 billion to finance a major mixed-use development inside Riyadh’s expansive King Salman Park. The financing will flow through a Saudi-based investment fund regulated by the Capital Market Authority and managed by Mulkia Investment Company, according …

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Oil, Trade and a Currency Shift: Why the Yuan Is Gaining Ground in the Middle East

Oil, Trade and a Currency Shift: Why the Yuan Is Gaining Ground in the Middle East

A quiet currency shift is unfolding across the Middle East as the Chinese renminbi (RMB) steadily finds a place in regional trade and finance, driven largely by the scale of energy commerce between Arab economies and China. According to a study by Standard Chartered, the yuan’s growing role is tied closely to how energy transactions …

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Gulf Markets Edge Higher as De-Escalation Talk Fuels Investor Optimism

Gulf Markets Edge Higher as De-Escalation Talk Fuels Investor Optimism

Stock markets across the Gulf opened Tuesday with a cautiously upbeat tone, as remarks from Donald Trump suggesting the possibility of easing tensions in the Middle East lifted investor sentiment. In Dubai, the main share index climbed 1.5%, led by strong gains in banking stocks. Shares of Emirates NBD surged 2.9%, while Dubai Islamic Bank …

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Prices Surge Again as Egypt’s Inflation Climb Surprises Economists

Prices Surge Again as Egypt’s Inflation Climb Surprises Economists

Inflation in Egypt picked up pace in February, delivering a sharper rise than many economists anticipated and highlighting renewed pressure on household budgets. Official figures released by Central Agency for Public Mobilization and Statistics (CAPMAS) show that annual urban consumer inflation accelerated to 13.4%, up from 11.9% in January. The data underscores a fresh upward …

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Dubai Tightens the Screws on Building Safety with New Law

Dubai Tightens the Screws on Building Safety with New Law

Dubai has introduced a sweeping legal framework aimed at strengthening the quality, safety and long-term sustainability of buildings across the emirate. Sheikh Mohammed bin Rashid Al Maktoum, in his role as the ruler of Dubai and the UAE’s vice president and prime minister, issued Law No. (3) of 2026 to establish stricter oversight of building …

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