Blog Category

UAE Economy

Empty airport runway at sunrise stretching to the horizon under a clear sky, illustrating the second runway at Al Maktoum International Airport, Dubai World Central, due to open by the end of 2027

Al Maktoum Airport Second Runway to Open by End of 2027: flydubai Likely First to Move Part of Its Operation From DXB, Starting With Five or Six Aircraft

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September 10, 2026

Modern road tunnel lit in blue with cars driving through it, illustrating the vehicle tunnels The Boring Company plans to build across the UAE after its USD 3 billion Series D round led by the Emirates

Musk’s The Boring Company Raises USD 3 Billion in a UAE Led Round at a USD 23 Billion Valuation: More Than 150 km of Tunnels Across the Emirates

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September 10, 2026

Aerial view of the high-rise business district along Sheikh Zayed Road in Dubai, with office towers stretching to the horizon, illustrating UAE bank assets of AED 5,669.1 billion and the AED 13.9 billion rise in credit to individuals in July 2026

UAE Bank Assets Reach AED 5.67 Trillion in July 2026: Credit to Individuals Up AED 13.9 Billion, More Than Double the June Gain

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September 10, 2026

Cluster of modern glass office towers in Dubai's business district: UAE listed banks led the GCC in the second quarter of 2026 on loan growth, return on equity and cost efficiency

UAE Banks Lead the GCC in Q2 2026: Loans Up 4.5% to USD 816.5 Billion, 17.9% Return on Equity, 24.2% Cost-to-Income Ratio and USD 6.8 Billion Net Profit (Kamco Invest, 55 Listed Banks)

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September 10, 2026

Coffee shop counter in China with an espresso machine, stacks of takeaway cups, handwritten menu boards and a QR code: Mubadala is investing about USD 1 billion in Luckin Coffee

Mubadala Invests About USD 1 Billion in China Luckin Coffee: 241,095,268 Preferred Shares Bought From Centurium Funds, 36,310 Stores and Almost 500 Million Customers

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September 10, 2026

Earth observation satellite with solar panels over a coastline: the UAE and France launch Altair-Next Gen, a USD 1 billion AI constellation of 50 satellites built by Orbitworks in Abu Dhabi

UAE and France Launch Altair-Next Gen: A USD 1 Billion AI Satellite Constellation of 50 Spacecraft Built by Orbitworks in Abu Dhabi With Loft Orbital, Mistral, BlackSky and MaiaSpace

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September 9, 2026

Wizz Air Airbus A321neo with Abu Dhabi titles taking off from a European airport: the airline returns to Dubai and Abu Dhabi from 25 October 2026

Wizz Air Returns to Dubai and Abu Dhabi From 25 October 2026: 12 Routes and 49 Weekly Flights to the UAE, Jeddah and Amman, 470,000 Winter Seats, Fares From AED 269

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September 9, 2026

Al Wasl Plaza dome and the UAE Pavilion at Expo City Dubai, the site of the Dubai Exhibition Centre that DWTC is expanding to 180,000 square metres by 2031

Dubai World Trade Centre Lines Up More Than 100 Events for Q4 2026 as the AED 10 Billion Dubai Exhibition Centre Expansion Moves to Phase 2: 160,000 sq m and 60,000 Visitors a Day, 1.2 km and 65,000 a Day by 2031

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September 9, 2026

Glass dome of Mall of the Emirates in Dubai with sunlight streaming through, the flagship shopping mall of Majid Al Futtaim, which reported first-half 2026 net operating profit of AED 1.8 billion, up 25%

Majid Al Futtaim H1 2026 Results: Net Operating Profit Up 25% to AED 1.8 Billion, Record EBITDA of AED 2.5 Billion, Revenue of AED 17.5 Billion and a Development Pipeline Above AED 100 Billion Led by the AED 62 Billion Dubai South Community

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September 9, 2026

An Etihad Airways Boeing 787 on approach against a blue sky with clouds, an illustration for the launch of year-round Etihad flights from Abu Dhabi to Red Sea International Airport in Saudi Arabia from 4 October 2026

Etihad Launches Year-Round Abu Dhabi to Red Sea Flights From 4 October 2026: A320 With 158 Seats, EY621 and EY622 on Sundays, Twice Weekly From 25 October and a Single Connection From Across the Network

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September 9, 2026

A flatbed truck on a winding road through barren rocky mountains, an illustration for the 175% rise in trade through the Hatta border crossing between Dubai and Oman to AED 37.08 billion in the first half of 2026

Trade Through Dubai’s Hatta Crossing Surges 175% to AED 37.08 Billion in H1 2026: 108,811 Loaded Trucks, 919,000 Travellers, 7,870 Shahin Smart Seals and the Green Corridor Behind the Overland Boom

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September 9, 2026

Satellite with solar panels in orbit above the Mediterranean and North Africa, an illustration for the acquisition of 80% of Marlan Space and the Orbitworks satellite factory in Abu Dhabi by IHC

Abu Dhabi’s IHC to Acquire 80% of Marlan Space: The Owner of Orbitworks, the Middle East’s First Private Satellite Factory, and the 10-Satellite Altair AI Constellation Joins a Conglomerate With AED 860 Billion Market Value

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September 9, 2026