Finance

ADNOC Distribution secures shareholder approval for $350m dividend, extends payout policy through 2030

Miguel Hadchity 02/04/2026

Photo Credit: ADNOC Dubai, UAE — April 2026 — ADNOC Distribution announced that shareholders approved all agenda items at its Annual General Assembly Meeting, including a final cash dividend of $350 million for the second half of 2025.  Equivalent to 10.285 fils per share, the payout is

Economy

UAE strengthens food security as minister visits leading national manufacturer

Miguel Hadchity 01/04/2026

Photo Credit: WAM Dubai, UAE — April 2026 — The UAE continues to solidify its status as a premier regional hub for food-sector economic activity, according to Minister of Economy and Tourism. Citing an integrated infrastructure built on global best practices, advanced technology, and agile supply chains, Abdulla bin Touq Al Marri emphasized that these […]

Real Estate

New rules unlock escrow funds before 20% project completion as Abu Dhabi overhauls real estate regulations

Miguel Hadchity 31/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — Real estate developers in Abu Dhabi can now access escrow account funds before reaching 20 percent project completion, provided they adhere to strict new controls introduced by the Department of Municipalities and Transport. According to the Emirates News Agency, this change is part of a broader […]

Travel

Oman acquires Salam Air, keeps Oman Air as an independent brand

Miguel Hadchity 30/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — The Government of the Sultanate of Oman has finalized its acquisition of SalamAir, marking a strategic shift in the nation’s aviation sector.  Despite the change in ownership, officials have confirmed that both Oman Air and SalamAir will continue to operate as fully independent brands, each preserving […]

Entertainment

Abu Dhabi’s Marina Mall just got a new entertainment venue: Cinemacity Starlight

Miguel Hadchity 27/03/2026

Photo Credit: Cinemacity Dubai, UAE — March 2026 — Cinemacity has unveiled its newest destination at Marina Mall, Abu Dhabi, converging film, theatre, and dining under one roof. Designed as a cultural and entertainment house rather than a conventional cinema, Cinemacity Starlight invites guests to arrive early and stay longer, immersing themselves in a dynamic […]

Finance

UAE banking sector shows robust growth as assets surpass $1.5tr in Early 2026

Miguel Hadchity 26/03/2026

Photo Credit:  WAM Dubai, UAE — March 2026 — New data from the Central Bank of the UAE revealed a positive trajectory for the nation’s financial sector, marked by broad-based growth in assets, credit, and money supply at the start of the year. According to the data carried by the Emirates News Agency, the total […]

Events

World Economic Forum postpones Jeddah meeting amid regional developments

Miguel Hadchity 25/03/2026

Photo Credit: WEF Dubai, UAE — March 2026 — The World Economic Forum, in coordination with Saudi Arabia’s Ministry of Economy and Planning, has announced the rescheduling of the International Meeting on Cooperation and Growth, originally set to take place in Jeddah on April 22–23, 2026. According to the Saudi Press Agency, the decision was […]

News UAE

‘We cannot trade our way out of this crisis’: Sultan Al Jaber warns weaponising Strait of Hormuz is economic terrorism

Miguel Hadchity 24/03/2026

Photo credit: WAM Dubai, UAE — March 2026 — When the world’s most critical maritime chokepoint becomes a battleground, the consequences ripple far beyond oil markets, reaching factory floors, farmlands, and family budgets across the globe.  That was the stark warning issued today by Sultan bin Ahmed Al Jaber, the UAE’s minister of industry and […]

Corporate

Dubai’s economic resilience praised by international business leaders as a global benchmark

Miguel Hadchity 23/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — Amid a shifting global landscape, Dubai continues to solidify its reputation as a benchmark for resilience and agility, according to chairpersons of several country business councils operating under the Dubai Chamber of Commerce. The leaders attributed the emirate’s steadfastness to an integrated economic model that unites […]

Events

LEAP 2026 moves to September in strategic rescheduling

Miguel Hadchity 20/03/2026

Photo credit: LEAP Dubai, UAE — March 2026 — In a significant shift to its event calendar, the organisers of LEAP, the world’s most attended technology event, have announced that the fifth edition will now take place from 31 August to 3 September 2026. The event was previously scheduled for 13-16 April. According to a […]

Events

ATM to take place in August at the Dubai World Trade Centre

Miguel Hadchity 19/03/2026

Photo Credit: WTM Dubai, UAE — March 2026 — Organizers have confirmed a significant shift in the calendar for the Middle East’s travel industry showcase, with the 33rd edition of Arabian Travel Market rescheduled to take place in late summer 2026. In an official announcement, event organizer RX revealed that ATM 2026 will now be […]

Real Estate

Dubai real estate services ecosystem shows measured growth in 2025

Miguel Hadchity 18/03/2026

Dubai, UAE — March 2026 — Dubai’s real estate services sector expanded in 2025, driven by increased demand for regulatory and technical functions that support transaction accuracy and transparency. Data from Dubai Land Department shows the number of registered real estate valuers reached 133 by the end of the year, with 33 new registrations added […]

News UAE

GCC Chief condemns deadly Iranian attack in Abu Dhabi, reaffirms solidarity with UAE

Miguel Hadchity 17/03/2026

Photo Credit: GCCSG Dubai, UAE — March 2026 — The Secretary General of the Gulf Cooperation Council, Jasem Mohamed Albudaiwi, has issued a forceful condemnation of ongoing Iranian aggressions against GCC member states following a deadly strike in the UAE on Monday. The attack, which involved a missile striking a civilian vehicle in the Al […]

Energy

Gulf energy sector consolidates global influence amid strategic shift towards renewables and diversification

Miguel Hadchity 16/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — Gulf Cooperation Council countries are strengthening their foothold as a dominant force in global energy markets, leveraging vast natural resources, cutting-edge infrastructure, and decades of sector expertise to navigate a changing economic landscape. New data released by the GCC Statistical Centre revealed that this also

Law

Dubai issues new law to regulate outsourcing of government services

Miguel Hadchity 13/03/2026

Photo Credit: Freepik Dubai, UAE — March 2026 — In a significant move to enhance the efficiency and accessibility of public services, Sheikh Mohammed bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai, has issued Law No. 5 of 2026. The new legislation establishes a comprehensive framework for the […]

Events

UAE intensifies financial crime fight with first DNFBP compliance forum of 2026

Miguel Hadchity 12/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — In a concerted push to fortify the nation’s financial defenses, the Ministry of Economy and Tourism, in collaboration with the Ministry of Justice, convened the first forum of 2026 dedicated to enhancing Anti-Money Laundering compliance among Designated Non-Financial Businesses and Professions. Held at the Ministry of […]

Saudi Arabia

Saudi Arabia names 2026 as the ‘Year of Artificial Intelligence’

Miguel Hadchity 11/03/2026

Photo Credit: SPA Dubai, UAE — March 2026 — In a move underscoring its commitment to becoming a global leader in technology and innovation, Saudi Arabia has officially designated 2026 as the “Year of Artificial Intelligence.” The approval was granted during a Cabinet session held Tuesday via video conference, chaired by Prince Mohammed bin Salman […]

Retail

DIFC completes Square project ahead of schedule as pre-leasing hits 100%

Miguel Hadchity 10/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — The Dubai International Financial Centre has announced the early completion and phased handover of DIFC Square, a major new commercial development that opened its doors ahead of schedule in response to unprecedented demand for office space within the financial hub. According to the Emirates News Agency, […]

Food & Beverage

GCC agrifood sectors surge forward, bolstering regional food security in 2024

Miguel Hadchity 09/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — Despite the formidable environmental hurdles of scarce water and limited arable land, the Gulf Cooperation Council witnessed a robust upswing in its agriculture, livestock, and fisheries sectors throughout 2024. This growth underscores the increasing strategic importance of these industries in shoring up food security and

Energy Transport

UAE companies reassure markets as operations continue uninterrupted amid regional developments

Miguel Hadchity 05/03/2026

Photo Credit: WAM Dubai, UAE — March 2026 — Major state-linked entities across the UAE have moved to reassure markets and the public, confirming that critical infrastructure and trade operations remain fully functional despite recent regional developments. In a coordinated series of announcements on Wednesday and carried by the Emirates News Agency, energy giant TAQA, […]