AvaTrade has pointed to investors’ concern over rising AI spending as the reason SpaceX shares fell this week, after the company’s first-ever earnings report revealed spending had jumped to more than six times last year’s level. While quarterly revenue nearly doubled year-on-year to $7.8bn, spending ballooned to $18.3bn – more than six times last year’s level – with the bulk …
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The 5th edition of the Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) concluded today at Expo Centre Sharjah after three days of intensive trade activity, drawing over 19,000 professional buyers and generating approximately USD 210 million in tentative cooperation orders across the three-day event. Organised by Inter Commerce Expo Corp. (ICEC), METAS 2026 brought together 51 exhibitors …
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SUMEA, the Dubai-headquartered international sourcing, procurement and supply chain group, has opened SUMEAWORLD, a nearly 12,000 square metre global trade hub in DP World’s Jebel Ali Free Zone (Jafza), consolidating sourcing, procurement, warehousing and global distribution under one roof. The facility, secured on a 20-year commitment, will serve as SUMEA’s regional headquarters and central logistics platform, enabling customers and business …
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based developer Burtville has started handing over units at Ville 11 in Masdar City, after the Department of Municipalities and Transport issued the development’s building completion certificate on July 31, 2026 — 14 months ahead of the handover originally scheduled for September 30, 2027. Construction broke ground in January 2024 and wrapped up in roughly 30 months, a milestone the …
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A new chapter in leadership, human development, and organisational transformation began in the UAE as You Matter Consultancy Services officially launched with a prestigious inaugural event at Marriott Resort Palm Jumeirah, Dubai, on 31 July 2026. The evening brought together an influential audience of CEOs, government officials, entrepreneurs, educators, healthcare professionals, investors, psychologists, HR leaders, and changemakers from across the …
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AMIS Development has announced the pre-launch sell-out of the six signature Mansions at Jacob & Co.’s Fleurs de Jardin in Meydan District 11, achieving total sales of AED 300 million less than a month after breaking ground on the landmark development in June. Representing the highest-value residences within the community, the six signature Mansions were never publicly released or marketed …
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Neoterra Developments has celebrated the successful sell-out of Eira, its latest residential development in Dubai Production City, marking another significant milestone in the developer’s growth journey and reinforcing market confidence in its design-led approach to community development. To commemorate the achievement, Neoterra hosted an exclusive appreciation evening at Verde, Four Seasons Resort Dubai, bringing together leading real estate brokers, industry …
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CBD has launched their digital wealth offering – CBD Invest, embedded within the CBD Mobile App that brings together investing, financial planning, and advanced analytics in a single, secure experience. Designed for affluent, Elite and Private banking customers, CBD Invest enables individuals to gain a clear view of their financial position, make more informed investment decisions, and stay aligned with …
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Dubai’s real estate market continued to consolidate its position among the strongest property markets worldwide in 2026, supported by a comprehensive range of economic and investment indicators reflecting strong demand, high liquidity, sustained capital inflows and an increasingly advanced regulatory and digital ecosystem, according to W Capital Real Estate Brokerage. In a new analytical study, the company said that the …
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W Capital Real Estate Brokerage said the record-breaking performance of Dubai’s commercial real estate sector during the first half of 2026 reflects a structural shift in the emirate’s property demand, driven by the expansion of international and local companies, growing demand for modern office space, and Dubai’s increasingly established position as a regional hub for business management and investment. In …
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