🇦🇪UAE Legal News

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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Oil Giant Feels the Chill: Aramco’s 2025 Profit Slips as Energy Prices Soften

Oil Giant Feels the Chill: Aramco’s 2025 Profit Slips as Energy Prices Soften

Saudi energy heavyweight Aramco closed 2025 with a noticeable dip in earnings, as weaker prices for crude oil and chemical products trimmed the company’s revenue stream. The state-backed oil titan posted a full-year net profit of $93.38 billion, marking an 11.6% decline from the previous year. The fall was largely attributed to lower sales revenue …

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Gulf Market Jitters Deepen as UAE Stocks Slide Further Amid Escalating Regional Tensions

Gulf Market Jitters Deepen as UAE Stocks Slide Further Amid Escalating Regional Tensions

Equity markets in the United Arab Emirates stumbled again on Friday, extending a week of losses as investors reacted cautiously to the intensifying conflict unfolding across the Middle East. Trading resumed earlier in the week after exchanges paused operations for two days following a wave of missile and drone strikes launched by Iran over the …

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Aldar Keeps the Lights On: UAE Developer Signals Business as Usual Across Its Vast Portfolio

Aldar Keeps the Lights On: UAE Developer Signals Business as Usual Across Its Vast Portfolio

Real estate heavyweight Aldar Properties says its sprawling operations across the United Arab Emirates are running smoothly, with communities, offices, retail centres and development projects continuing without disruption. The Abu Dhabi-based developer reported that activity across its residential neighbourhoods, commercial towers, logistics hubs, hotels, schools and retail destinations remains fully operational, underscoring the group’s operational …

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Investcorp’s GP Staking Strategy Gains Momentum as Second Fund Draws $1.1bn

Investcorp’s GP Staking Strategy Gains Momentum as Second Fund Draws $1.1bn

Bahrain-based investment powerhouse Investcorp has secured more than $1.1 billion in commitments for its second GP-staking vehicle, a milestone that signals growing investor appetite for backing private-market managers themselves rather than just their funds. The capital was raised for Investcorp Strategic Capital Partners II (ISCP II) and related vehicles, which together gathered over $1.25 billion …

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Gulf Tensions Cast a Long Shadow Over the UAE’s Red-Hot Property Boom

Gulf Tensions Cast a Long Shadow Over the UAE’s Red-Hot Property Boom

The glittering skyline of the United Arab Emirates has long symbolized a region that markets itself as stable, wealthy, and open for business. But recent Iranian missile strikes have jolted that narrative, raising questions about whether the country’s surging property market is heading into its first serious stress test. For years, real estate across the …

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