Dubai Investments' Nine-Month Pre-Tax Profit Edges Up to AED 1.13 Billion
Higher rental income kept the group ahead of last year, though the figures imply a weaker third quarter after a 29% first-half rise.
By Nakoda News Gulf Desk··1 min read
Dubai Business and Tech News
Business and technology news from Dubai: companies, government digital services, property, aviation and markets.
Dubai Sets New Safeguarding Rules for Private Schools Covering AI Misuse and Online Risks
KHDA's framework requires a board-level safeguarding governor, mandatory reporting on suspicion alone and digital safety controls, with most measures phased in over 12 months.
By Nakoda News Policy Desk··2 min read
Dubai Police to Add More AI Traffic Cameras After Detecting 27,756 Violations in October
The force says its AI-based monitoring system caught drivers using phones, driving distracted and skipping seat belts, and it will extend coverage to more internal roads and highways.
By Nakoda News Policy Desk··1 min read
Salik's Nine-Month Profit Falls 8.6% as Fewer Trips Pass Its Dubai Toll Gates
Traffic began recovering in the third quarter, and the toll operator expects revenue to grow 6-8% in 2027 after a 6.9% drop so far this year.
By Nakoda News Gulf Desk··2 min read
Dubai Has 15,067 Hotel Rooms in Development as Middle East Pipeline Hits a Record
Lodging Econometrics counts 26,800 rooms in development across the UAE, and the regional pipeline has grown to 771 projects, up 17% in a year.
By Nakoda News Markets Desk··1 min read
DIFC Courts' Arbitration Claims Reach AED 3.2 Billion in First Half of 2026
Thirty-seven claims filed in six months already equal about 65% of the value recorded in all of 2025, the Dubai court said during Dubai Arbitration Week.
By Nakoda News Gulf Desk··1 min read
Dubai Rents Fall Up to 14% in Some Areas as Tenants Switch Homes, Betterhomes Says
Downtown and Marina rents dropped sharply while off-plan sales halved in October, yet 91% of surveyed residents plan to stay in Dubai at least five more years.
By Nakoda News Markets Desk··2 min read
Dubai Keeps Top Spot for $10 Million-Plus Home Sales as Hong Kong Leads on Value
Knight Frank counted 86 super-prime sales in Dubai in the third quarter, down 34% from the second, and Hong Kong edged ahead on value for the first time since 2022.
By Nakoda News Markets Desk··2 min read
Dubai Chambers and Toronto's Rotman School Launch Agentic AI Course for Family Firms
The executive programme for family business leaders and their successors combines teaching in Dubai with three days of company visits in Toronto.
By Nakoda News Gulf Desk··1 min read
DEWA's Nine-Month Profit Rises 11.7% to a Record Dh7.63 Billion
Dubai's electricity and water utility said revenue grew 3.3% to Dh25.74 billion, while peak power demand, customer accounts and clean-energy output all rose in the third quarter.
By Nakoda News Gulf Desk··2 min read
Dubai Ranks Fifth in New Maritime Resilience Index and 12th Overall in DNV Study
The 2026 Leading Maritime Cities report also moved Dubai from 15th to sixth for attractiveness and competitiveness after a year of trade disruption across the region.
By Nakoda News Gulf Desk··2 min read
Blackstone Opens Dubai Office to Grow Its Private Wealth Business Across the Gulf
The DIFC office is the alternative asset manager's second in the UAE after Abu Dhabi, and it says it has more than 40 distribution partners in the region.
By Nakoda News Gulf Desk··2 min read
Kotak Mahindra Bank Moves Dubai Representative Office to New Sheikh Zayed Road Premises
The Indian lender says its non-resident Indian clients now need cross-border banking beyond remittances as UAE-India trade passes $100 billion.
By Nakoda News Gulf Desk··1 min read
Dubai Stocks Reach 21-Week High as Emirates NBD Climbs to Its Best Level Since February
The DFM index rose for a third day to 6,221.23, adding about Dh20.3 billion in market value, as banks and property developers led gains.
By Nakoda News Markets Desk··2 min read
S&P Expects a V-Shaped Recovery for Dubai's Economy in 2027 After This Year's Contraction
An S&P Global Ratings analyst said oil output, construction, population growth and low government debt should drive the rebound after real GDP shrank just over 2% in the first half.
By Nakoda News Gulf Desk··2 min read
Dubai EV Show Launches UAE-China Smart Transport Centre to Help Chinese Firms Enter the UAE
The year-round platform will guide Chinese carmakers through UAE licensing, connect them with fleet operators and investors, and back pilots of robotaxis and autonomous logistics.
By Nakoda News Gulf Desk··2 min read
Dubai's Parkin Now Earns More From Parking Fines Than From Public Parking Fees
Enforcement revenue rose 32% to Dh136.4 million in the third quarter while pay-as-you-go parking income fell 5%, and the company raised its full-year fines guidance.
By Nakoda News Gulf Desk··2 min read
DEWA's Al Shera'a Headquarters Becomes First Building to Earn SPIRE Diamond Smart Rating
The top grade in the smart-building programme run by UL Solutions and the Telecommunications Industry Association recognises the Dubai utility's energy automation, cybersecurity and digital twin systems.
By Nakoda News Gulf Desk··1 min read
UAE Warehouses Near Full Occupancy as Dubai Industrial Rents Rise 5.9%, JLL Says
Companies building up safety stock and moving to overland routes pushed new Dubai industrial leases up 25.7% in the third quarter, the property adviser said.
By Nakoda News Gulf Desk··2 min read
S&P Says Cash and Sales Backlogs Shield Dubai's Big Developers Ahead of a 2027 Correction
The rating agency expects Dubai's housing stock to grow 20% across 2027 and 2028 and prices and volumes to fall, but says Emaar, Damac, BNC and Omniyat can absorb it.
By Nakoda News Markets Desk··2 min read
Dubai Property Sales Rise 18% to Dh34.8 Billion in October as Mortgage Numbers Climb
Transactions rose for the first time in three months, and smaller loans to middle-income buyers lifted mortgage registrations even as total borrowing fell by almost a quarter.
By Nakoda News Markets Desk··2 min read
Dubai International Handled 30% of the World's A380 Flights Over 30 Days
Flight-tracking data shows 4,285 superjumbo arrivals and departures at DXB between October 5 and November 3, more than Heathrow, Changi and Sydney combined.
By Nakoda News Gulf Desk··1 min read
Dubai Home Values Post First Monthly Gain Since February, ValuStrat Index Shows
Prices rose 0.1 per cent in October, ending eight months of declines, though values remain 5.7 per cent below a year earlier as buyers shift towards ready homes.
By Nakoda News Markets Desk··1 min read
Dubai's Nol Student Card to Handle Online and In-Store Payments Across the GCC From December
The RTA upgrade gives the discounted transit card the same payment features as a standard Nol card, plus online renewal and parental account controls.
By Nakoda News Gulf Desk··2 min read
flydubai Adds Riga, Salzburg and Vilnius Flights From December
Each city gets three weekly flights from Dubai International's Terminal 3, sold through the Emirates codeshare, with return economy fares from AED 2,442.
By Nakoda News Gulf Desk··1 min read
Dubai Residential Partners With Fintech Rentify to Let Tenants Split Rent Instalments
The scheme covers 22 communities with more than 146,000 residents and runs on selected banks' credit cards, but fees, terms and participating banks have not been disclosed.
By Nakoda News Gulf Desk··2 min read
XPENG Shows Aridge Flying Car in Dubai, Targets 2027 Production for Government Buyers
The Chinese carmaker told WAM the six-wheeled vehicle with a detachable two-seat aircraft will go to government entities first, and that it plans robotaxi services in the UAE.
By Nakoda News Gulf Desk··1 min read
Dubai's First EV World Show Opens With More Than 300 Exhibitors and China EV100 as Co-Organiser
The three-day exhibition at Dubai World Trade Centre, run with the RTA and China's electric vehicle alliance, includes BYD and XPENG and covers charging, autonomy and air mobility.
By Nakoda News Gulf Desk··2 min read
Commercial Bank of Dubai Completes Digital Dirham Transfers With Bank of China via Jisr
The wholesale transaction ran through the UAE central bank's Jisr platform for cross-border central bank digital currency payments with China. The bank did not disclose the amount.
By Nakoda News Gulf Desk··2 min read
Dubai Educators Say Children's Reliance on AI Chatbots Is Already a Problem
Speaking at GESS Dubai, school leaders warned that children are treating chatbots as friends and confidants, but said banning the technology would not work.
By Nakoda News Gulf Desk··3 min read