🇦🇪UAE Legal News

Radisson Hotel Group has planted a new flag in Ras Al Khaimah, unveiling the first Radisson Blu Hotel and Radisson Blu Residences in the fast-rising district of RAK Central. Developed in partnership with BNW Developments, the project blends hospitality, branded living, retail and entertainment into a single address designed to hum with activity from morning …

RAK Central Gets a New Skyline Signature with Radisson Blu Hotel & Residences Read More »

Energy titan Saudi Aramco is heading toward a fourth-quarter profit rebound on an annual basis, though momentum appears to have cooled compared with the previous quarter. Estimates from AlJazira Capital place Aramco’s net profit after minority interest at around 91.9 billion riyals — roughly $24.5 billion — for Q4 2025. That would mark a 5.9% …

Aramco Set for $25bn Quarter as Higher Output Softens Oil Price Dip Read More »

Abu Dhabi’s road-safety heavyweight is steering into the future. Emirates Driving Company PJSC, listed on the Abu Dhabi exchange under the ticker DRIVE, is set to acquire a 51% stake in UAE-based AI specialist Performise Labs. The majority acquisition signals a decisive pivot: from traditional driver training to a tech-powered mobility ecosystem. The company, which …

Emirates Driving Bets on AI as It Charts Course Toward ‘Emirates Mobility’ Read More »

In a fresh show of financial muscle, Aldar Properties has secured $1 billion through a privately placed hybrid notes issuance to Apollo Global Management—deepening a capital partnership that has steadily grown over the past few years. The subordinated hybrid notes, structured with a non-call period of just over a decade, give Aldar long-dated flexibility while …

Aldar Taps Apollo Again, Locks in $1 Billion Hybrid to Fuel Expansion Drive Read More »

The oil colossus of Saudi Arabia is poised to close 2025 with a solid, if slightly softer, fourth quarter. Analysts at AlJazira Capital expect net profit after minority interest to land at 91.9 billion riyals — roughly $24.5 billion — marking a 5.9% rise from a year earlier. Yet compared to the third quarter, earnings …

Profit Pulse: Saudi Aramco Set for $25 Billion Q4 — But Momentum Slips from Summer High Read More »

Qatar’s lenders wrapped up December with their balance sheets on firmer ground, as total loans climbed 6.6 percent compared to the previous financial year — a noticeable step up from the 4.6 percent growth recorded a year earlier. Over the past five years, credit expansion has averaged 4.9 percent annually, reflecting a steady, if measured, …

Credit Currents Rise: Qatar’s Banks Close the Year with Stronger Loan Books Read More »

Saudi Arabia’s housing finance push just received another lift. SHL Finance Company has renewed a Shariah-compliant credit line worth up to SAR 200 million (about $53.3 million), securing fresh capital to expand its home lending operations across the Kingdom. The five-year facility comes from UAE-based banking heavyweight Emirates NBD. The funding is earmarked for mortgage …

Fresh Firepower for Saudi Homebuyers: SHL Finance Locks in $53 Million Islamic Facility Read More »

Global shipping heavyweight A.P. Moller-Maersk is tightening its grip on the Red Sea trade lanes. Its ports subsidiary, APM Terminals, has struck an agreement to acquire a 37.5% stake in the South Container Terminal at Jeddah Islamic Port — a facility currently operated in full by Dubai-based logistics powerhouse DP World. Under the arrangement, DP …

Maersk’s Terminal Arm Buys Into Jeddah Hub, Deepening Alliance With DP World Read More »

The new year has begun on a high note for Ajman’s real estate sector, with property valuations crossing AED 1.06 billion in January alone. Fresh figures released by the Ajman Department of Land and Real Estate Regulation show that 242 valuation transactions were processed during the month. The activity spanned commercial towers, residential buildings, and …

Ajman’s Property Market Opens 2026 With AED 1.06 Billion in Valuations Read More »

Saudi Arabia’s Raya Financing Company has drawn fresh capital from the market, securing 300 million riyals (about $80 million) through an Additional Tier 1 (AT1) sukuk offering that carries an 8.5% annual return. The Shariah-compliant instrument is structured as perpetual, reinforcing the company’s capital base rather than functioning like a conventional bond with a fixed …

Raya Financing Taps Debt Markets with $80 Million AT1 Sukuk Read More »