🇦🇪UAE Legal News

The cranes aren’t slowing down. From new towers piercing the skies of Dubai to mega-infrastructure reshaping Abu Dhabi, the UAE’s construction engine is charging ahead with output expected to hit $130.8 billion by 2029—up 22% from 2024 levels, according to new industry projections. The sector has been on an unstoppable climb since the start of …

UAE’s Building Boom: Construction Output to Soar Past $130 Billion by 2029 Read More »

Abu Dhabi has rolled out a fresh pair of dollar-denominated bonds, setting the stage for another heavyweight entry into international debt markets. The emirate is pitching a three-year Reg S/144A note around 40 basis points over U.S. Treasuries, and a 10-year tranche near 55 basis points. Both senior unsecured offerings carry strong backing, stamped with …

Abu Dhabi Taps Global Markets with Dual-Tranche Dollar Bonds Read More »

Dubai’s Binghatti Holding is keeping the capital markets buzzing, sealing its second major sukuk deal in less than two months. The developer, best known for its bold real estate projects, priced a $500 million three-year green sukuk at par with a 7.75% coupon—narrowed down from earlier whispers closer to 8.125%. The demand was nothing short …

Binghatti Strikes Again: $500 Million Green Sukuk Ignites Investor Frenzy Read More »

SOL Properties has unveiled SOL Luxe, a dazzling AED 2.2 billion ($599 million) mixed-use marvel set to redefine Dubai’s skyline. Rising 280 meters over 62 floors, it is poised to become one of the tallest freehold towers along Sheikh Zayed Road, offering what the developer calls a “last chance” for freehold ownership in this prime …

Dubai Welcomes SOL Luxe: A $599 Million Vertical Playground on Sheikh Zayed Road Read More »

Cairo’s skyline glints over the Nile as Egypt reports robust trade growth for 2024. Total exports climbed to $45.3 billion, marking a 6.5% increase from the previous year, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The engine behind this growth was non-oil goods, which jumped 14.4% to $39.9 billion, up from …

Egypt’s Exports Hit $45.3 Billion in 2024 as Non-Oil Trade Surges Read More »

Saudi Arabia’s equity market roared to life on Wednesday after word spread that the Capital Market Authority (CMA) is weighing a dramatic shift—allowing overseas investors to hold controlling stakes in listed firms. The Tadawul All Share Index surged nearly 5% to touch 11,417, with more than 250 stocks charging higher. Banks led the stampede: Saudi …

Saudi Stocks Ignite as Regulators Eye Breakthrough on Foreign Ownership Limits Read More »

The economic corridor between the UAE and India is widening at remarkable speed, fueled by the Comprehensive Economic Partnership Agreement (CEPA) signed in 2022. Foreign Trade Minister Dr. Thani bin Ahmed Al Zeyoudi said the pact has become a powerful engine for both nations, accelerating investment flows and deepening commercial ties. In the first half …

UAE–India Pact Powers Trade Surge Toward $100 Billion Goal Read More »

Sharjah’s economic engine is roaring, and the latest half-year data paints a picture of an emirate rapidly reinventing itself as a heavyweight hub for global investors. In just six months, foreign capital inflows skyrocketed to $1.5 billion, a staggering 361% leap from the same period last year. The flood of investment powered 74 new projects—a …

Sharjah’s Investment Boom: $1.5B Surge Fuels Projects, Jobs, and Industrial Growth Read More »

Saudi Arabia’s Social Development Bank (SDB) has rolled out SAR6.5 billion ($1.73 billion) in financing during the first nine months of the year, directly reaching more than 90,000 people and enterprises across the Kingdom. The update came during the bank’s third-quarter board meeting, chaired by Human Resources and Social Development Minister Eng. Ahmed bin Sulaiman …

Saudi Social Development Bank Pumps $1.7 Billion Into Citizens and Startups, 90,000 Beneficiaries Counted Read More »

Australian energy giant Santos woke up to a market shock on Thursday after Abu Dhabi’s ADNOC-led consortium abruptly pulled the plug on its $18.7 billion takeover bid. The fallout sent Santos shares crashing more than 13%—their steepest drop in over five years. The deal, once hailed as potentially the largest all-cash corporate buyout in Australian …

Santos Stumbles as Mega-Deal with ADNOC Unravels Read More »