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India’s Shapoorji Pallonji completes first Dubai residential project
Plus: Dar Global awards AED 201.5 mn main works contract for Rak project
New Dubai law creates regulatory body, compliance system for contractors
Violations carry fines of AED 1k-100k, with repeat offenses within a year doubling to AED 200k
More potential crypto payments for flights + at airports
Plus: CDB lists dual-currency bonds on Nasdaq Dubai
Abu Dhabi's GDP grows 3.4% as non-oil sector hits record share
GDP reached AED 291 bn
Flydubai breaks ground on USD 190 mn MRO hub in Dubai South
Plus: Abu Dhabi’s Knowledge Group acquires corporate training firm Biz Group
Construction costs climb in 1Q 2025 in Dubai
The quarterly rise was driven by higher petroleum and non-metallic mineral prices, while equipment hire and labor wages led annual…
Global South Utilities plans 250 MW renewables projects in Madagascar
Plus: New feeder funds + sukuk fund in DIFC
THIS MORNING: Fuel prices up in July + Joby Aviation completes first air taxi test flight in Dubai
Plus: DFM hits 17-year high
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