LOGISTICS-
DP World has launched a new 2.6 mn sqm vehicle storage yard at Jebel Ali Port’s Terminal 4, aimed at boosting vehicle capacity amid heightened demand, according to a statement. The new yard expands storage capacity by 13k CEUs — increasing the port’s total capacity to 75k CEUs. The project also features an 800-meter quay with a capacity of up to three RoRo vessels at a time.
Adjusting for rising demand: Jebel Ali handled some 545k vehicles at the port in 1H 2025, up 28% y-o-y. Imports made up a 65% share of the total, with the majority coming from China, Japan, Thailand, India, and South Korea.
REMEMBER- DP World is also set to build a 20 mn sqft car market — set to be the largest in the world — in Dubai, as it looks to attract more automotive players to the emirate.
CAPITAL MARKETS-
ADX taps Thndr as first remote retail trading member: The Abu Dhabi Securities Exchange (ADX) onboarded Cairo-born investment app Thndr as its first remote retail trading member, state news agency Wam reports. The move will allow more than 4 mn users on Thndr to trade ADX-listed stocks and ETFs directly via its mobile platform, without requiring physical presence in the UAE. Thndr handled over USD 13 bn in trading volume in 2024 and currently offers access to markets in the UAE, Egypt, and the US.
We knew this was coming: ADGM granted Thndr a license to operate in the UAE in May 2024, with initial plans to offer local users access to US equities and expand its product range over time.
REAL ESTATE-
Arada awards AED 618 mn contract for Anantara Sharjah project: Sharjah-based real estate developer Arada appointed Intermass Engineering and Contracting to build the Anantara Sharjah Resort and Residences under an AED 618 mn contract, as per a press release.
The details: The project includes a luxury hotel and 128 branded residences on Al Heera Beach, ranging from one-bed units to duplex penthouses. The contract covers a 24-month construction period, with early works already in progress. The project is Anantara’s first in Sharjah.
RENEWABLES-
Emerge, EDB to co-develop UAE solar projects: Emerge — a JV between Masdar and France’s EDF — and Emirates Development Bank (EDB) signed an MoU to identify and finance solar energy projects across the UAE, according to a press release. Emerge will scout for investment windows, while EDB will evaluate them and offer tailored funding where viable.