BUSINESS & TRADE

ABU DHABI, United Arab Emirates — Sobha Realty has announced its entry into Abu Dhabi with the launch of Sobha City, a large-scale, master-planned residential community designed around nature, low-density living and long-term sustainability. The project, spanning about 38 million square...

ABU DHABI, United Arab Emirates— Bitcoin rose to a three-week high of $73,800 last week before retreating as renewed geopolitical tensions weighed on sentiment, according to market commentary from eToro. Simon Peters, a crypto analyst at eToro, said markets were...

Special to Gulf Daily Mail Rajan Menon still remembers the day he landed at Dubai Airport in the summer of 1995. He had AED 200 in his pocket, a single suitcase, and a salary letter promising AED 5,000 a month....

DUBAI/SHARJAH — The United Arab Emirates’ aviation sector signalled fresh momentum on Wednesday as carrier flydubai posted record profits, Air Arabia unveiled a new European route and lessor Dubai Aerospace Enterprise (DAE) struck a $7 billion acquisition deal. Dubai-based flydubai...

ABU DHABI, United Arab Emirates — Abu Dhabi’s real estate market recorded transactions worth a record 142 billion dirhams ($38.7 billion) in 2025, up 44 percent in value and 52 percent in volume compared with the previous year, the Abu...

ABU DHABI, United Arab Emirates- The United Arab Emirates has reinforced its position as a global leader in artificial intelligence by joining forces with 58 nations at a major summit in New Delhi, committing to enhanced international cooperation on...

DUBAI, United Arab Emirates— Fireworks over malls, cyclists streaming down Sheikh Zayed Road at dawn and shoppers queuing for gold raffles — in 2025, Dubai doubled down on its formula of festivals as economic engine. The city’s year-round calendar of...