Business
UAE PropTech Market Set to Hit $1.62bn by 2032
UAE PropTech is projected to grow from AED2.49bn to AED5.95bn by 2032, with Dubai and VR/AR tools driving the shift.
The latest business reporting and analysis from Dubai and the UAE.
UAE PropTech is projected to grow from AED2.49bn to AED5.95bn by 2032, with Dubai and VR/AR tools driving the shift.
RTA has completed a 1.1km upgrade of Al Marabea' Street in Al Quoz, cutting peak-hour journey times by up to 30 percent.
L'IMAD has offered AED6.25 per AD Ports Group share through ADQ, a premium deal valuing the Abu Dhabi ports operator above AED31.2 billion.
A tour of Gulf Craft's 44-metre Majesty 145 in Umm Al Quwain reveals twin pools, a heat recovery system and a six-cabin layout.
UAE bank deposits and credit both rose in June, with Central Bank of the UAE data showing steady gains across resident and government accounts.
UAE businesses face a digital tax shift as e-invoicing rules advance, with experts urging early preparation for compliance and system changes.
AD Ports Group's Q2 net profit jumped 88 percent to $227.6 million as revenue rose 47 percent, driven by acquisitions and rerouted cargo.
Space42 wins ADX approval to buy back 2.5% of its shares as first-half 2026 revenue rises 15% to $260 million on satellite contracts.
Parkin's Q2 2026 revenue hit $99.1 million as its Dubai parking portfolio expanded 27 percent, with developer parking and seasonal cards driving growth.
GCC sukuk liquidity has caught up with conventional bonds, with UAE and regional debt markets showing steady recovery through August.
