Latest News About Dubai

HSBC Wealth Summit in Dubai Highlights UAE Economic Resilience

Dubai hosted the conclusion of HSBC's annual Wealth and Investment Summit this week, bringing together regional financial executives and...

ADCB Nine-Month Profit Jumps 27% to Dh10.3 Billion on Lending Growth

Abu Dhabi Commercial Bank reported a 27 per cent jump in net profit for the first nine months of the year, reaching Dh10.296 billion, as...

UAE launches platform listing 143 investment opportunities across six sectors

The UAE's Ministry of Investment unveiled a new digital platform on Thursday that lists 143 investment opportunities spread across six...

UAE Unveils €15 Billion Investment Plan for Greece

Sheikh Khaled bin Mohamed, Crown Prince of Abu Dhabi, met Greek Prime Minister Kyriakos Mitsotakis in Athens and unveiled a new UAE plan to...

UAE Launches AI-Powered, Paperless VAT Refund App for Tourists

The UAE's Federal Tax Authority has rolled out a fully paperless, AI-driven VAT refund system for tourists, cutting the time needed to...

Gulf States to Supply France With Diesel Equal to 10% of Its Consumption

The UAE, Saudi Arabia and Bahrain have agreed to supply France with diesel shipments equivalent to roughly 10 per cent of the country's...

UAE Says No Foreign Investment Plans Cancelled Despite Regional Tensions

The UAE's Ministry of Investment says that despite ongoing regional tension stemming from the US-Iran conflict, no planned foreign direct...

DIP Holding Launches First UAE IPO of 2026

DIP Holding, the management arm of Dubai Investments Park, has launched the UAE's first initial public offering of 2026. Parent company...

Dubai Investments to float 20% of DIP Holding in exchange's first IPO this year

Dubai Investments has announced plans to float 20 per cent of its subsidiary DIP Holding through an initial public offering on the Dubai...

Dubai Investments Lists DIP Holding on DFM, Opens Dh5,000 Retail Tranche

Dubai Investments PJSC is taking a 20 per cent stake in its subsidiary DIP Holding public on the Dubai Financial Market, with the retail...

UAE Ranks First Among Emerging Destinations for Family Offices

The UAE has claimed the top spot among emerging-market destinations in a new global ranking of family office hubs, compiled by the Global...

Dubai's Economy Reaches Dh473 Billion in First Half of 2026

Dubai's economy generated Dh473 billion in real-terms output during the first half of 2026, a 2.3 per cent contraction from the Dh484...

UAE's Ali Alhosani Becomes First Emirati Elected Executive Director at the IMF

Ali Alhosani, a veteran UAE economic official, has been elected Executive Director at the International Monetary Fund, a role in which he...

Dubai Investments Park Moves Toward UAE's First IPO Since the War

Dubai Investments Park Development Co., a unit of Dubai Investments PJSC, is set to hold investor meetings between October 19 and 26 to...

UAE's Alhosani Becomes First Emirati IMF Executive Director

Ali Alhosani has become the first Emirati national elected as an Executive Director of the International Monetary Fund, the IMF announced on...

Dubai Gold Hits Dh503 a Gram as Global Prices Edge Back Up

Gold in Dubai opened Friday morning at Dh503 per gram for 24-karat, as a modest rebound in global prices filtered through to the local...

Dubai Gold Stays Below Dh500 a Gram Ahead of Diwali

Gold prices in Dubai ticked up on Thursday morning but stayed below the psychological Dh500-a-gram mark, a development welcomed by the...

Hormuz Tensions Push Gulf Shipping Costs Up Thirtyfold as UAE Builds Alternative Routes

Escalating regional tensions around the Strait of Hormuz have driven a sharp spike in shipping costs between the Gulf and East Asia, with...

Standard Chartered Gets UAE Licence for Direct Crypto Trading

Standard Chartered has been granted a licence by Dubai's Virtual Assets Regulatory Authority to offer cryptocurrency trading directly to...

IMF cuts 2026 growth forecasts for Gulf economies over Hormuz closure

The International Monetary Fund has sharply revised down its 2026 growth outlook for the Middle East and North Africa, citing the prolonged...

Dubai Inflation Eases Even as Fuel Costs Surge

Dubai's annual inflation rate slowed to 5.03 per cent in September, down from 5.54 per cent in August and a 2026 peak of 5.7 per cent in...

ADIB to raise Dh1.75 billion through rights issue

Abu Dhabi Islamic Bank (ADIB) has confirmed a rights issue plan designed to raise Dh1.75 billion, in a move that will boost the bank's...

UAE Wealth Projected to Reach $6 Trillion by 2030 Despite Short-Term War Volatility

The United Arab Emirates' net wealth is projected to grow from $3.6 trillion in 2025 to roughly $6 trillion by 2030, according to Boston...

UAE Approves Dh292.5 Billion Federal Budget for 2027-2029

The UAE's Vice President and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has approved a three-year federal budget worth Dh292.5...

HSBC to Open Second UAE Wealth Centre in Abu Dhabi

HSBC, marking 80 years of continuous operations in the UAE, has announced plans to open its second wealth centre in the country, in Abu...

UAE waives patent fees for student inventors and people of determination

The UAE's Ministry of Economy and Tourism has scrapped fees for 29 industrial property services for student inventors and people of...

Morgan Stanley Executive Says UAE IPO Market Set to Rebound Once Regional Conflict Eases

Dan Simkowitz, co-president of Morgan Stanley, said the UAE's IPO market has come to a complete standstill this year, with zero new listings...

Morgan Stanley: UAE IPO Market Set to Rebound Once Regional Tensions Ease

Dan Simkowitz, co-president of Morgan Stanley, said in remarks published Sunday, October 11, 2026, that the UAE's IPO and credit markets are...

UAE Economy Grows to Dh961.9 Billion in First Half of 2026

The UAE economy expanded by 0.4 per cent to Dh961.9 billion in the first half of 2026, according to preliminary figures released by the...

Dubai's Cashless Strategy Adds Dh8bn to Economy, Two Years Ahead of Schedule

Dubai's Cashless Strategy, launched in October 2024, has reached its targets two years ahead of schedule, contributing around Dh8 billion...