UAE remains the safest haven for investment due to safety, security and resilience, officials say at an ICAI Conference in Dubai

India has 5,400 listed companies and more than 2 million unlisted businesses including 35,000 companies that each generate more than Rs1 billion. Investing in them could help multiply returns. In India only 3.5 per cent of the population invests in equities, while in the United States, this is more than 55 percent News Highlights 1. With US$48.24 billion Foreign Direct…

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Dubai’s Economy Grows to AED 232 Billion in Q1 2026

Dubai’s economy continued its strong momentum in the first quarter of 2026, with the emirate’s Gross Domestic Product (GDP) reaching AED 232 billion, representing 2.4% year-on-year growth. The latest figures reflect Dubai’s resilience despite ongoing global economic uncertainty and regional geopolitical tensions.   Key sectors driving growth Several industries played a major role in this…

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Dubai Stock Market Falls as Middle East Tensions Weigh on Investors

The Dubai Financial Market (DFM) experienced a decline today as renewed geopolitical tensions in the Middle East affected investor confidence across the Gulf region. Dubai’s benchmark stock index fell by approximately 1%, making it one of the weaker-performing major Gulf markets during the trading session.   The decline was largely driven by selling in major…

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Dubai Economy Continues to Grow Despite Global Challenges

Dubai’s economy continues to show strong growth in 2026 despite global economic uncertainty and regional geopolitical tensions. The emirate’s diversified economic model, which focuses on trade, tourism, finance, technology, logistics, and real estate, has helped maintain steady expansion even as many countries face slower growth. According to the latest economic indicators, Dubai’s GDP grew significantly…

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Dubai Harbour Bridge Nears Completion: A Major Infrastructure Milestone for Dubai

Dubai has long been recognized as a city that invests heavily in infrastructure to support its rapid growth, world-class tourism industry, and expanding population. The latest example of this commitment is the near-completion of the new Dubai Harbour Bridge project, which is expected to significantly improve traffic flow and connectivity between Sheikh Zayed Road and…

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Dubai Launches New Initiative to Help Startups and Small Businesses Grow Faster

Dubai has announced a major new initiative designed to make starting and running a business easier, faster, and more affordable. The program, called “SME in a Box,” aims to support entrepreneurs and small-to-medium enterprises (SMEs) by providing many essential business services through a single platform. The move is part of Dubai’s broader strategy to strengthen…

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LAST OF THE BEACHFRONT: ELEVATE ANNOUNCES AED 127.5M TRANSACTION AT MONDRIAN AL MARJAN ISLAND AS SUPPLY TIGHTENS

Landmark transaction reflects growing demand for design-led, lifestyle-driven beachfront living in Ras Al Khaimah Dubai, UAE – May 2026 – ELEVATE, the visionary lifestyle real estate brand behind Mondrian Al Marjan Island Beach Residences, developed in partnership with globally recognised lifestyle hospitality company Ennismore, has announced a landmark transaction exceeding AED 127.5 million at the project, underscoring the…

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