Browsing: Market
Markets started May on a more positive note, but gains were uneven. U.S. stocks climbed through midweek before easing on Thursday. Bitcoin briefly topped $82,000 before retreating, while Ethereum fell behind despite stronger ETF demand. Overall, investors are more willing to take risks than they were in April, but they still want to see evidence […]
Whitewill, the international luxury real estate agency for developers and partners across the UK, USA, and UAE markets, has reported strong ultra-luxury residential property demand across Dubai and Abu Dhabi, reflecting investor confidence and continued appetite for high-quality assets in both emirates. This also points to a market that is becoming more selective, with capital […]
Dubai has added a new attraction to its growing immersive entertainment sector with the launch of VR Point, a premium virtual reality (VR) arena offering the first full-body 4D VR experience in the UAE and MENA region. “Our goal was not to create another VR game, but to make people truly feel as if they […]
MERED, the award-winning developer, has announced that main piling operations are now progressing at Riviera Residences, a waterfront residential tower in Abu Dhabi, Al Reem Island. The milestone follows the completion of 60% of enabling works, including guide walls, shoring, contiguous piling, and ground improvement across both zones, as well as deep foundation works. The […] The post Riviera Residences on Al Reem Island Enters Deep Foundation Works as MERED Maintains Construction Momentum appeared first on Web-Release.
The Middle East’s venture story has entered a new phase. The old question was whether startups in the region could attract funding at all. That question has been settled. Early stage capital is abundant, deal flow is strong, and founders across MENA have shown they can build companies that win investor backing. The challenge now […]
Members of the Fruit and Vegetable Traders Business Group, which operates under the umbrella of Dubai Chamber of Commerce, have affirmed that the strong availability and variety of food products in Dubai, including fresh and perishable goods, reflects the strength of the emirate’s competitive advantages. The most important enablers cited include robust infrastructure, the efficiency […] The post Fruit and vegetable traders highlight role of Dubai’s robust infrastructure and resilient logistics ecosystem in ensuring a diverse and reliable food supply appeared first on Web-Release.
The latest Saudi Central Bank (SAMA) weekly report for the period ending March 21, 2026, reveals a significant surge in consumer spending, with Restaurants and Cafés processing SAR 1.6 billion in transactions—a 15% weekly increase—while the broader Food and Beverage segment exceeded SAR 2.1 billion. Remarkably, this SAR 3.7 billion wave confirms that the market […]
UWANT, the smart home cleaning brand, continues to strengthen its presence in the UAE with its expanded portfolio of high-performance cleaning devices. Plans are set to introduce a robotic vacuum cleaning solution designed to meet the evolving needs of modern households. Since entering the UAE market in February 2026, UWANT has steadily expanded its reach […]
A new UAE-based platform designed to simplify one of the most complex decisions in today’s automotive market – buying an electric vehicle – has officially launched. Drive EV (https://drive-ev.ae/) uses artificial intelligence and structured decision logic to match prospective buyers with the right electric or hybrid vehicle based on their housing, lifestyle, location and driving […]
BHM Capital, the leading financial institution in the capital markets of the United Arab Emirates, announced exceptional performance in client acquisition during the first quarter of 2026, achieving the highest number of new accounts opened across both the Abu Dhabi Securities Exchange (ADX) and the Dubai Financial Market (DFM). During the year-to-date period, BHM Capital […]