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Dubai is now the seventh most expensive city in the world
The emirate rose to seventh in the 2025 Julius Baer Wealth Index, up from 12th last year
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
Dubai inflation holds steady in June
On a monthly basis, prices grew 0.28% in June, returning to inflation territory
Wafa, China’s Hytera partner on comms for oil and gas
Plus: UAE-based trade credit insurer Coface completes the acquisition of Cedar Rose
Earnings season is coming, and the outlook is positive for UAE banks
Loan growth is expected to increase by 2.8% q-o-q in the UAE
More potential crypto payments for flights + at airports
Plus: CDB lists dual-currency bonds on Nasdaq Dubai
Dubai greenlights its first tokenized money market fund, courtesy of DMZ Finance and QNB
It remains unclear when the vehicle will begin operations
Taaleem appoints new head for Harrow Schools + Al Masraf taps new CFO. Plus: New leadership at Dubai Silicon Oasis and DIEZ
Two Harrow schools will open in the UAE in 2026 and 2027
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