Dubai

Construction & Real Estate

RTA awards key Dubai infrastructure development works

Mon, 27 Apr 2026

Dubai’s Roads and Transport Authority (RTA) has awarded the contract for the development of Umm Suqeim Street, Al Wasl Road and Al Safa Street as part of its road infrastructure development works. The project scope includes construction of bridges and tunnels extending 11,000m long.

Construction & Real Estate

Dubai's smart bus station project work 90pc completed

Sun, 26 Apr 2026

Dubai's Roads and Transport Authority (RTA) has announced that 90% of the work has been completed on its smart bus station and is on track for completion by month-end. The key initiative forms part of RTA’s broader drive towards digital transformation and sustainability.

Construction & Real Estate

EMSTEEL maintains price stability to support market resilience

Thu, 23 Apr 2026

EMSTEEL Group, one of the region’s largest publicly traded integrated steel and building materials manufacturers, has reaffirmed its commitment to supporting the resilience of the UAE market by maintaining pricing discipline across key domestic steel and building materials products, including reinforcing steel bars, while ensuring a reliable supply to customers nationwide.

Finance & Capital Market

Emirates Islamic operating profit rises 7% to $299.52m in Q1

Thu, 23 Apr 2026

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has reported an operating profit of AED1.1 billion ($299.52 million) for the quarter ending March 31, 2026, 7% growth over the same period last year.

Construction & Real Estate

Al Habtoor Tower reaches topping-out milestone

Wed, 22 Apr 2026

Al Habtoor Group has achieved a major construction milestone at Al Habtoor Tower, reaching its highest structural point at 86 floors, marking the official topping out of what is set to become the world’s largest residential building.

Construction & Real Estate

Dubai will not stop, projects moving ahead with greater speed: HH Sheikh Mohammed

Wed, 22 Apr 2026

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has declared that Dubai's projects are moving ahead, and work will not stop.

IT & Telecommunications

Du achieves 6.9% revenue growth in Q1 despite March weakness

Wed, 22 Apr 2026

Emirates Integrated Telecommunications Company (du) delivered a resilient financial performance in the first quarter, with revenue growing by 6.9% to AED4.1 billion ($1.116 billion), a record EBITDA margin of 49.5%, and net profit growing by 15.5% to AED0.8 billion ($217.8 million).

Construction & Real Estate

Arabian Acres in record-breaking Jumeirah residential land deal

Wed, 22 Apr 2026

Arabian Acres, a Dubai-based luxury real estate brokerage and development advisory firm, has completed the acquisition of three adjacent freehold plots in Jumeirah Coastline for a collective value of AED400 million ($109 million), thus setting new record for residential land transactions in UAE. .

Construction & Real Estate

Azizi's Dubai Studio City residential community 43% completed

Wed, 22 Apr 2026

UAE-based Azizi Developments said steady progress is being made on its mixed-use project - Beach Oasis II - in Dubai Studio City, with 43% work completed. A modern low-rise residential community, it features a total of 694 apartments with a mix of studios, one- and two-bedroom units.

Construction & Real Estate

DMCC launches twin towers in key Uptown Dubai expansion

Wed, 22 Apr 2026

DMCC has announced the launch of two premium commercial towers - One Uptown Place and Two Uptown Place - within its flagship Uptown Dubai district. The development will add more than 560,000 sq ft of Grade A office space, taking the district’s total commercial footprint beyond 1 million sq ft.