#uae-economy

Sphere Abu Dhabi: $1.7 Billion Immersive Entertainment Venue Coming To Yas Island

Sphere Abu Dhabi will be built on Yas Island with a construction cost of $1.7 billion. The venue will host a variety of events and is expected to open by the end of 2029. It aims to enhance Abu Dhabi's cultural landscape and tourism sector.

#uae-economy

May 28, 2026Read More →

Trump Threatens New Iran Strikes and Links Israel Normalisation to Nuclear Deal

EconomyNews

DUBAI IMPACT:

Trump Threatens New Iran Strikes and Links Israel Normalisation to Nuclear Deal

US President Donald Trump warned of potential military action against Iran. He urged Gulf nations to normalise relations with Israel through the Abraham Accords. Trump emphasized that the Strait of Hormuz should remain open and not controlled by any country.

#uae-economy

May 28, 2026Read More →

Azizi Developments Plans to Invest Dh75 Billion in 151 Hotels in UAE, Create 75,000 Jobs

EconomyFunding

DUBAI IMPACT:

Azizi Developments Plans to Invest Dh75 Billion in 151 Hotels in UAE, Create 75,000 Jobs

Azizi Developments is set to invest Dh75 billion in the UAE's hospitality sector. The investment will lead to the creation of 75,000 jobs and the development of 151 hotels. The majority of the hotels will be located in Dubai, including a seven-star hotel.

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May 27, 2026Read More →

UAE Growth Gap Tests Dubai Business Plans In 2026

EconomyAnalysis

DUBAI IMPACT:

UAE Growth Gap Tests Dubai Business Plans In 2026

Central bank data put UAE growth at 5.6% in 2026, forcing Dubai businesses to test budgets against slower global demand.

#UAE economy #Dubai business #CBUAE

May 23, 2026Read More →