Economy and Business
UAE Central Bank scraps minimum salary requirement for loans
Wednesday, November 19, 2025Residents, including low-income workers, can now open bank accounts and access a wider range of services The Central Bank of the UAE (CBUAE) has directed banks to abolish the long-standing minimum salary requirement for obtaining personal loans — a threshold that had typically been set at Dh5,000 across most institutions for many years. Under the… UAE Central Bank scraps minimum salary requirement for loans
Payments in Digital Dirhams as new UAE law puts e-currency on par with cash
Thursday, November 13, 2025A new UAE law formally places the Digital Dirham on the same legal footing as physical cash, confirming it as “legal tender for payment of any amount”. Federal Decree Law No. (6) of 2025 defines the Dirham as being represented by “notes, coins and digital forms”, giving the Central Bank of the UAE (CBUAE) a… Payments in Digital Dirhams as new UAE law puts e-currency on par with cash
Abu Dhabi National Hotels launches Nasim Al Bahr Residences on Al Marjan Island
Thursday, November 13, 2025Abu Dhabi National Hotels (ADNH), one of the UAE’s most trusted hospitality investment and management companies, has announced the launch of The Residences at Nasim Al Bahr, a Luxury Collection Resort & Spa, Al Marjan Island, marking the group’s debut in Ras Al Khaimah’s thriving luxury real estate sector. With a total development value of… Abu Dhabi National Hotels launches Nasim Al Bahr Residences on Al Marjan Island
Dubai’s economy surges 4.7 percent to reach Dhs122 billion in Q2 2025
Monday, November 10, 2025Dubai’s economy continued to maintain its strong upward momentum in the first half of 2025, surpassing projections and consolidating its position as a one of the world’s most vibrant and competitive urban economies. The emirate’s GDP grew 4.4% to reach AED 241 billion in the first half of the year. In the second quarter alone,… Dubai’s economy surges 4.7 percent to reach Dhs122 billion in Q2 2025
Emaar Development reports strong performance in Q3 2025
Friday, November 7, 2025Emaar Development, the UAE’s leading build-to-sell property developer has delivered a strong performance in the third quarter of 2025 (July to September), underlining the company’s competitive edge and stability. Key Highlights of the Results: Sales Growth: Emaar Development achieved property sales of AED 52.9 billion (US$ 14.4 billion) in first nine months of 2025, up… Emaar Development reports strong performance in Q3 2025
Hilton Residences JLT unveiled: A new icon of luxury living in Dubai
Thursday, November 6, 2025Emirates Developments, in partnership with Hilton, proudly announces the official launch of Hilton Residences, Jumeirah Lakes Towers (JLT) – a landmark 38-floor residential tower redefining branded luxury living in Dubai. The project was officially launched last Thursday at an exclusive gala in Dubai, attended by distinguished investors, visionary industry leaders, prominent media figures, and an… Hilton Residences JLT unveiled: A new icon of luxury living in Dubai
Natuzzi Italia honors Dubai Design Week 2025
Tuesday, November 4, 2025Natuzzi Italia honors Dubai Design Week 2025 as the region’s leading destination for design innovation Unveiling an immersive installation designed in collaboration with Etereo At the heart of the exhibition concept is the Amama project, created for the lifestyle brand by Andrea Steidl. November 5–9, 2025 STAND A26, Dubai Design District (d3) On the occasion… Natuzzi Italia honors Dubai Design Week 2025
Celebrating UAE Flag Day: Honoring National Pride on November 3
Monday, November 3, 2025Every year on November 3, the United Arab Emirates comes together to celebrate UAE Flag Day, a day dedicated to honoring the national flag and the values it represents. The day is a symbol of unity, pride, and loyalty to the nation, reflecting the UAE’s journey of progress, development, and achievement since its founding in… Celebrating UAE Flag Day: Honoring National Pride on November 3
Jacob & Co Residences by Mantra Properties records AED 300 Million in sales within 12 Hours of launch
Monday, November 3, 2025Mantra Properties’ latest ultra-luxury development, Jacob & Co Residences, in collaboration with the iconic watch and jewelry brand Jacob & Co, has achieved a record-breaking milestone, registering over AED 300 million in sales within just 12 hours of its launch. The remarkable response marks a historic moment for Al Marjan Island, setting a new benchmark… Jacob & Co Residences by Mantra Properties records AED 300 Million in sales within 12 Hours of launch
From Vision to Reality: OMNIYAT celebrates 20 Years of imagining the impossible
Monday, November 3, 2025OMNIYAT, Dubai’s leading ultra-luxury developer, marks its 20th anniversary this year with the launch of a celebration marking two decades of visionary design and architectural excellence. At the heart of the celebration is a personal message from Founder and Executive Chairman Mahdi Amjad, reflecting on OMNIYAT’s journey from an ambitious idea in 2005 to one… From Vision to Reality: OMNIYAT celebrates 20 Years of imagining the impossible
