Gold prices saw a slight increase on Tuesday, with spot gold reaching $5,023.19 per ounce. US gold futures also climbed. Other precious metals, including silver, platinum, and palladium, experienced gains as well.
Read more →
Object 1 has completed its RA1N Residence development in Dubai's JVC, marking a shift to property handovers. The 25-storey tower offers 144 one and two-bedroom apartments, featuring amenities like co-working spaces and pools. This project aligns with Dubai's growth and caters to strong demand for ready homes in the mid-market segment.
Read more →
Dubai's hotel sector saw robust growth in 2025, with inventory reaching 158,700 keys, predominantly in the high-end category. Occupancy averaged 81%, and Average Daily Rates rose by 8.7%. The city welcomed 19.6 million tourists, with Western Europe as the largest source market.
Read more →
Tabby Card has partnered with Apple Store in the UAE, allowing customers to purchase Apple products via interest-free instalment plans. This collaboration enables shoppers to split payments into up to eight monthly instalments, offering greater financial flexibility. The partnership extends to online, app, and physical Apple Store purchases.
Read more →
The Zayed National Museum in Abu Dhabi has been recognised as one of TIME's World's Greatest Places 2026. This prestigious inclusion highlights the museum's significance as a cultural destination, honouring the UAE's history and its Founding Father, Sheikh Zayed bin Sultan Al Nahyan.
Read more →
The UAE temporarily closed its airspace after its military intercepted Iranian strikes. This follows US and Israeli actions against Iranian targets and operations in Lebanon, heightening tensions in the Strait of Hormuz. President Trump has urged allies to deploy warships to ensure the strait's passage.
Read more →
Dubai has introduced Decree No. (5) of 2026, establishing a Central Grievances Committee for government employees. This committee allows staff to appeal administrative decisions affecting their employment, ensuring fairness and adherence to public service laws. Decisions are final but can be appealed in court.
Read more →
Arada has sold a luxury five-bedroom residence at Armani Beach Residences on Palm Jumeirah to Cameroonian former UFC champion Francis Ngannou for AED92.5 million. The 11,521 sq ft property, featuring a private pool, is part of a unique development designed by Tadao Ando in partnership with Armani Group. Ngannou cited Dubai's ambition, stability, and opportunity as reasons for his investment.
Read more →
