Business

The UAE's real estate sector has maintained a strong performance during the first half of 2026, with data announced by authorities showing high levels of activity across several Emirates.

The UAE and Lebanon are strengthening economic ties, with a new business council and four agreements signed to boost trade, investment and private-sector cooperation.

Meta Platforms will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram under an agreement with nearly all US states to resolve claims it designed those social media platforms to addict children.

Dubai International (DXB) has welcomed 31.5 million guests during the first six months of 2026 following one of the "most challenging operating environments" in the airport's history.

Apple is set to host its next launch event on September 9, where the company is expected to unveil its newest iPhone series and potentially its long-awaited foldable phone.

Dubai has ranked first globally for the number of Greenfield foreign direct investment (FDI) projects in the cultural and creative industries for the fourth consecutive year.

More than 10,000 Volkswagen workers gathered at the carmaker's headquarters on Tuesday, some booing CEO Oliver Blume as he urged staff to "pull together" behind a restructuring that could cut up to 50,000 jobs, sources at the meeting said.

Dubai’s Parkin is teaming up with Bahrain Car Parks Company (Amakin) to explore smarter and more connected parking services across the GCC.

US President Donald Trump sought to boost pressure on Canada on Monday, warning that tariffs on all cars, trucks and automotive parts from the country would be increased to 50 per cent starting January 1 after trade talks collapsed over the weekend.

The Dubai Chamber of Commerce has registered 7,579 new Indian companies in the first half of 2026.

Shein aims to raise up to $1.8 billion in a Hong Kong IPO that values the fast-fashion retailer roughly 70 per cent below its private-market peak four years ago, with a slower growth outlook set to weigh on investor demand.

An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.

The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.

A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.

The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.

Hudayriyat Island has topped Abu Dhabi’s real estate market in sales value for a second consecutive quarter.

Eleven carmakers, including Tesla and Xiaomi, launched software updates and vehicle recalls on Friday, the companies said, in China's largest-ever automotive recall campaign, as regulators tighten scrutiny of emergency door-release systems in EVs.

Airbus has watered down a drive to reduce remote working after protests from unions including a series of strikes in its Spanish facilities, people familiar with the matter said.

The reservation system of India's largest airline IndiGo was restored on Friday, hours after it faced intermittent issues that prevented people from making ticket bookings for a second time this week.

Dubai’s real estate sector recorded strong growth in the first half of 2026, according to the Dubai Land Department's latest figures.

Nakheel, a member of Dubai Holding Real Estate, has unveiled a limited release of 44 beachfront villas from its Beach & Coral Collections, spanning 10 distinct architectural designs on Frond F at Palm Jebel Ali.

US President Donald Trump announced late on Tuesday he was putting a three-day pause on new 50 per cent tariffs set to go into effect on Canadian goods at midnight, saying the two countries had reached a deal.

A coalition of US states suing Meta Platforms over claims Facebook and Instagram were designed in ways that harmed young users' mental health began making its case on Tuesday in California federal court in a trial that could reshape some of the most popular apps on the planet.

Nakheel, a member of Dubai Holding Real Estate, has begun handing over 892 homes at Jebel Ali Village, which is expected to be home to approximately 5,500 residents.

The Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.

XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.

Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.

The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.

Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.

A US appeals court has allowed thousands of lawsuits to move forward against Meta Platforms, Alphabet's Google, ByteDance's TikTok and Snap Inc's Snapchat on Monday over claims they designed their products to be addictive to young users.

A US judge has dismissed criminal charges against Indian billionaire Gautam Adani on Monday, after the Justice Department said it had decided to abandon the fraud and bribery case.

Q Mobility, Abu Dhabi’s leading public parking operator, and Parkin Company, Dubai’s largest provider of public parking facilities and services, have signed a Memorandum of Understanding to strengthen cooperation.

Global Village has opened registration for F&B businesses and enterprises to sign up for Season 31.

The UAE has launched the strategic phase of its agentic AI project, which aims to convert 50 per cent of federal government operations, services and tasks to AI-driven models within two years.

Dubai Chambers will host the Dubai Business Forum – China in Shenzhen on October 14, bringing together government officials, business leaders and investors from the two markets.

UAE Minister of Foreign Trade Dr Thani bin Ahmed Al Zeyoudi has taken part in a meeting of BRICS trade ministers in Jaipur, India, focused on strengthening trade and economic cooperation between member countries.

ADNOC says it remains focused on meeting customer needs despite challenging circumstances, following unprovoked attacks targeting its people and assets.

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.