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Dubai property defies summer slump
Residential transactions rose 22.7% y-o-y, while commercial sales values jumped 31%
United Arab Bank could sell USD 800 mn in non-performing loans
PLUS- Luxury and ultra-luxury home transactions are up in Dubai
Gulf Mercantile Exchange taps two new executives
James Martin was tapped as chief growth officer, while Kevin O’Reily will become the new head of commodities
New permit allows Dubai freezone firms to expand to the mainland
Freezone firms holding a Dubai Unified License can apply to expand into mainland jurisdictions
Gulf heirs reshape and relocate wealth to the UAE
Still, portfolios of riskier assets remain more conservative than in the West
Dubai tightens regulations around engineering consultancies
The law bans unlicensed firms or individuals from offering consultancy services, with violators facing fines of up to AED 100k
Non-oil private sector growth improves by the most in seven months
The seasonally adjusted PMI rose to 54.2 in September, up from 53.3 a month earlier
Dubai real estate sales up 19% y-o-y in 3Q 2025
Sales made up AED 169.2 bn of the total, with mortgages contributing AED 49.2 bn and grants AED 18.5 bn
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