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UAE investors lead USD 3 bn round in The Boring Company as tunnel plans go national
The new round values TBC at USD 23 bn and comes as its UAE partnership expands beyond Dubai Loop to…
Scale and flexibility got Dubai's holiday-home operators through the war. A recovery — and a rent reform — are both testing what comes next
As tourism claws back, the question is whether monthly-stay demand was a wartime habit or a permanent shift
THIS MORNING: Adnoc eyes stakes in refineries in Africa and Thailand + Goldman Sachs sees room for oil to climb higher still
Plus: Iran is drawing a new line around Hormuz with a new restricted maritime zone outside Hormuz
Dubai-born Enhance raises USD 18.2 mn for US expansion
With more than 700 US gyms already using its software, Enhance is now armed with USD 18.2 mn to scale…
Dubai inflation slips from June high as transport costs retreat
Emirates NBD says June likely marked the peak, with price pressures set to ease further in the coming months
THIS MORNING: Dubai on track for most handovers since 2008 + Dnata invests in autonomous tools
Plus: Businesses will soon have to verify both their suppliers and supplies
Dubai plans train line from DXB to DWC
The 55km line will service five stations
Dubai hotel market set to rebound from 4Q, just as a wave of luxury supply hits the segment that struggled most this year
Luxury hotels took the biggest occupancy hit, while rates held up and Cavendish Maxwell still sees recovery building from 4Q
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