Business

Dubai’s economic momentum continues to surge, with the Dubai Chamber of Commerce announcing strong growth figures for 2025.

Netflix is preparing to make an all-cash offer for Warner Bros Discovery's studios and streaming businesses, a source familiar with the matter told Reuters on Tuesday.

The UAE and Nigeria have signed a Comprehensive Economic Partnership Agreement (CEPA), marking a major step forward in trade and investment relations between the two countries.

The UAE and the Philippines have signed a Comprehensive Economic Partnership Agreement (CEPA) to help fuel a new era of economic cooperation, boost bilateral investment flows, and create opportunities in vital sectors.

Dubai International (DXB) will introduce ticketless parking system from January 22 under a new 10-year partnership with toll operator Salik.

Abu Dhabi's Supreme Council for Financial and Economic Affairs has announced the formation of the Board of Directors for L’IMAD Holding Company, chaired by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan.

Dubai’s real estate sector recorded exceptional growth in 2025, reaching AED 917 billion in transactions — surpassing expectations and moving closer to the long-term target of AED 1 trillion by 2033.

DP World, Pakistan Railways and National Logistics Corporation (NLC) have begun construction on the Dedicated Freight Corridor and Multimodal Logistics Park at Pipri, following a groundbreaking ceremony held at the site.

Creators HQ has collaborated with Amazon to enable UAE-based content creators to launch and scale their own products on the online shopping platform, globally.

Masdar, a global clean energy leader, has signed a Power Purchase Agreement (PPA) for the 150-megawatt (MW) Quipungo Solar Photovoltaic project in Angola, marking Masdar’s first PPA in the country.

Creators HQ, the first dedicated creators’ hub in the UAE and the Middle East, has launched a AED 5 million "Social Content Fund" in partnership with monetisation platform Alfan to support family content.

Dubai Chambers welcomed Louise Araneta-Marcos, First Lady of the Philippines, at its headquarters on Sunday to discuss ways to strengthen bilateral ties and deepen mutual cooperation.

The 16th session of the Assembly of the International Renewable Energy Agency (IRENA), held under the theme “Powering Humanity: Renewable Energy for Shared Prosperity”, commenced on Sunday in Abu Dhabi.

Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, has highlighted Dubai’s advantages as a global destination for content creators and a leading hub for companies specialising in the production and development of digital content, at the 1 Billion Followers Summit.

Reliance Jio Platforms is considering an initial public offering this year that would float 2.5 per cent of the company, people familiar with the matter said, a move that could make it the country's largest-ever IPO worth more than $4 billion.

A $2 billion Abu Dhabi Global Water Platform has been launched to support the global water sector by strengthening water and food security in developing countries. 

Ford Motor has announced on Wednesday it would bring Level 3 driver-assistance systems to market in 2028, allowing drivers to take their hands and eyes off the road while operating on certain highways.

Parkin has signed an agreement to manage parking facilities at six Spinneys and Waitrose supermarkets across the city, as part of efforts to ease congestion and improve access at busy retail locations.

Meraas, a member of Dubai Holding Real Estate, has unveiled an expanded residential masterplan for Dubai Design District (d3), transforming it into one of Dubai’s most desirable creative-led waterfront neighbourhoods.

The UAE has taken over the presidency of the Middle East and North Africa Financial Action Task Force (MENAFATF) for 2026, represented by Hamid Saif AlZaabi.

Dubai has been named the third most startup-friendly city in the world, according to a new global index that measures how well cities support entrepreneurs and early-stage businesses.

OPEC+ kept oil output unchanged on Sunday, after oil prices fell more than 18 per cent in 2025, their steepest yearly drop since 2020, amid growing oversupply concerns.

Tesla ceded its crown as the world's top electric vehicle maker to China's BYD after annual sales fell for a second year, with intensifying competition, the expiration of US tax credits and damage to the automaker's brand hurting demand.

Dubai Duty Free has recorded the strongest year in its history, with annual sales reaching AED8.68 billion ($2.38 billion) in 2025, driven by record-breaking monthly performances and strong demand from international travellers.

The UAE has introduced two new federal decree laws aimed at modernising how its financial markets are regulated and supervised.

Walt Disney has agreed to pay a $10 million civil penalty as part of a settlement to resolve allegations it violated child privacy laws in some videos uploaded to YouTube, the US Department of Justice said on Tuesday.

His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, held talks on energy strategy and infrastructure development with Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, during a meeting in Sharjah on Tuesday.

Dubai-born specialty coffee brand Saddle Café has opened its first-ever outlet in Courchevel, marking a significant milestone in its international expansion and introducing an Emirati-founded café concept to one of Europe’s most exclusive winter destinations.

Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of Foreign Trade, has led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.

His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the emirate’s general budget for 2026, with total spending set at around AED 44.5 billion.

Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.

The 1 Billion Followers Summit, the world’s largest global event dedicated to the content creation economy, has announced Disney+, the streaming service of The Walt Disney Company, has joined as a Strategic Partner for its fourth summit.

China's foreign ministry has announced sanctions targeting 10 individuals and 20 US defence firms, including Boeing's St. Louis branch, over arms sales to Taiwan.

The Dubai Free Zones Council, chaired by His Highness Sheikh Ahmed bin Saeed Al Maktoum, held its 33rd meeting to discuss key priorities aimed at boosting Dubai’s business environment.

Abu Dhabi Fund for Development (ADFD) has contributed to a strategic project that will supply the city of Kiffa and the surrounding region in Mauritania with potable water.

Expo 2020 Dubai has reaffirmed its commitment to gender equality and women’s empowerment.

Expo 2020 Dubai and the United Nations Global Compact are joining forces to hold a Sustainable Development Goals Business Forum.

More than 2,500 online travel agents, tour operators, hotel groups and airlines have signed on as Authorised Ticket Resellers (ATRs) for Expo 2020 Dubai.

A spectacular line-up of sights, sounds and tastes await visitors at Expo 2020 Dubai, through a series of specially curated itineraries.

Apple on Tuesday launched the iPhone 12 with faster 5G connectivity, which the company hopes will spur a wave of upgrades and keep its sales booming through the end of the year.