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MAF posts record EBITDA, with decline in retail revenue on the back of the conflict, eyes Syria for expansion
The firm’s revenue rose 1.4% to AED 17.5 bn as development and malls offset a 6% drop in retail
Space42 inks USD 7 mn autonomous mobility agreement + Apparel Group deepens footprint in Madinah
The spacetech firm is teaming up with South Korea’s Autonomous A2Z
THIS MORNING: Adnoc’s dark-mode LNG shuttle is back + Dragon Oil reportedly eyeing Egypt concession
Dragon Oil is reportedly set to throw its hat in the ring for a stake in an Egyptian gas asset
Luxury boom cools
Footfall and sales fall across Dubai and Abu Dhabi
MAF reports strong 2025 earnings
Earnings rose 41% in 2025, with property and digital businesses doing much of the heavy lifting
Gov’t might give the retail sector a boost as the war dampens consumer confidence, BMI says
BMI expects authorities to lean on fiscal support, expat incentives, and price stability if war nerves begin reaching tills
Nobody knows how long the war in Iran will last. That has UAE-based businesses in “wait-and-see” mode.
A strong response by UAE defense forces is bolstering the business community’s optimism that this is a storm it can…
Aldar + Mubadala fold Yas Mall, The Galleria into single AED 10 bn retail platform
The platform launches with roughly 260k sqm of gross leasable area
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