The UAE has signed a groundbreaking agreement with the German multinational conglomerate Siemens to cut energy and water use in federal buildings by 27% in order to modernise infrastructure in the Emirates.
Property brokerage Driven Properties has finalised the largest real estate deal Downtown Dubai for the fiscal year of 2024, acquiring Emaar Square Building 3 for 505 million dirhams.
Dubai’s RTA launches a six-month taxi-sharing service between Dubai and Abu Dhabi, offering cost-effective, environmentally friendly travel options with up to 75% savings. The service could expand based on public demand and success.
UAE grocery titan LuLu Retail has increased its IPO size to 30% amid strong investor demand, attracting significant investments from entities like Masarrah Investment Company.
Enersol’s $223M acquisition of Deep Well Services aims to transform UAE energy, leveraging advanced technologies for high-pressure well completions and strategic automation.
UAE and Qatar leaders discuss strengthening ties and regional stability amid Middle East tensions, emphasising a lasting two-state peace solution.
UAE introduces e-Invoicing laws, revolutionising tax collection through a 5-corner model and aligning with global digital standards. Phased implementation by July 2026 will aim to ensure compliance and efficiency.
Dubai’s Flag Garden honours UAE Founding Fathers with 11,600 flags forming portraits, celebrating national pride until January. Organised by Brand Dubai, it showcases unity and heritage.
Dubai's TECOM Group has reported a 23% rise in net profit, driven by record revenues of $462mn for FY2024 and high demand.
Abu Dhabi’s tech boom is transforming the city into a global software career hotspot, blending strategic government investments with high salaries and advanced infrastructure.
