Nakheel Awards Major Contract to Build Hundreds of Homes on Dubai Islands
State-owned developer Nakheel has awarded a construction contract worth over AED800 million to build hundreds of new homes on Dubai Islands, with handovers targeted for 2028. The project adds to a wave of major developments reshaping Dubai's coastline.
Abu Dhabi Widens Holiday Home Market by Allowing Tenants to Apply Under New Regulations
Abu Dhabi has updated its holiday home framework to allow tenants with landlord consent to apply for short-term rental licences, not just property owners. The move mirrors a similar shift in Dubai and is expected to broaden the emirate's fast-growing short-term rental sector.
Dubai and Abu Dhabi Airports Stay Largely on Schedule Despite Regional Airspace Disruptions
Flight operations at Dubai and Abu Dhabi's main airports remain largely intact on Friday even as several international airlines adjust or suspend routes due to ongoing regional tensions. Passengers are advised to check individual flight status directly given the fluid situation.
Dubai Aviation Sector Shows Signs of Recovery Despite Ongoing Gulf Disruptions and Rising Oil Prices
Dubai's aviation sector is showing gradual signs of recovery even as some flight disruptions persist, with more than 170 delays reported at the city's two main airports last weekend. Rising fuel costs, driven by Brent crude surpassing $107 a barrel, continue to weigh on airline operations across the Gulf.
Arab Media Summit 2026 Puts AI and Gen Z Storytelling at the Heart of Dubai's Global Media Push
The Arab Media Summit 2026, running from September 15 to 17 at Dubai World Trade Centre, has drawn around 10,000 media professionals to explore how artificial intelligence, digital platforms, and Gen Z audiences are reshaping journalism and the wider creative economy across the region.
Abu Dhabi's L'IMAD to Take Near-Full Control of AD Ports Group in Landmark Dh6.25-a-Share Deal
Abu Dhabi's sovereign investment vehicle L'IMAD has concluded its voluntary tender offer for AD Ports Group, raising its stake to more than 98.5 percent. The Dh6.25-a-share deal, expected to settle by October 9, marks the latest in a string of full-control acquisitions by the emirate's wealth fund.
Saudi Arabia Declares Mecca Security a 'Red Line' After Intercepting Houthi Drone
Saudi Arabia's air defences intercepted and destroyed a Houthi drone south of Mecca on Tuesday evening, prompting the Saudi-led coalition to declare the safety of Islam's holiest sites a "red line." The Houthis denied targeting the city, as the incident deepens an already volatile regional security picture.
Dubai Gold Prices Climb Again as Geopolitical Jitters Push Investors Toward Safe Havens
Gold prices in Dubai ticked higher again today, extending a year-long rally driven by geopolitical tension, inflation concerns and rising sovereign debt. Analysts say commodities have emerged as 2026's best-performing asset class as investors seek shelter from ongoing global uncertainty.
Dubai Opens Its Largest-Ever Arab Media Summit as Industry Faces Sweeping Change
The 24th Arab Media Summit opened in Dubai on Tuesday as the biggest edition in its history, bringing together officials, journalists and industry leaders from 23 countries for three days of discussion on the future of Arab media. The event runs until September 17 at the Dubai World Trade Centre.
Iran Threatens New "Restricted Zone" Beyond Strait of Hormuz, Raising Gulf Shipping Alarm
Iran plans a new restricted maritime zone beyond the Strait of Hormuz, threatening vessels as Gulf shipping falls and oil prices climb above $97 a barrel.