Business

Explore the latest UAE business updates onSocial Kandura Media, market trends, finance news, and economic developments across the Emirates.

Construction progress of Saudi Arabia's Jeddah Tower, the future world's tallest building designed as a vertical city.
BusinessSaudi Arabia

Jeddah Tower Set to Become the World’s Tallest Building

What happened? Who is affected? Why does it matter? Saudi Arabia’s ambitious Jeddah Tower is once again climbing towards the sky after construction...

Dubai Latifa bint Hamdan Corridor
BusinessLocal News

Driving in Dubai? This new Dh2 billion road project could save you up to 18 minutes

What happened?Dubai’s Roads and Transport Authority (RTA) has awarded the contract for the Dh2 billion Latifa bint Hamdan Corridor Development Project. Who is...

Dubai Taxi Company National Taxi acquisition
BusinessLocal News

Dubai’s Largest Taxi Operator Just Got Even Bigger—Here’s What It Means for You

Dubai Taxi Company has completed its $394.8 million acquisition of National Taxi, creating the UAE’s largest taxi operator with over 14,000 vehicles combined....

Dubai GDP Q1 2026
Business

Dubai’s Economy Hits AED232 Billion in First Quarter of 2026 Despite Regional Challenges

Dubai’s GDP reached AED232 billion in the first quarter of 2026, marking 2.4% year-on-year growth. The expansion was driven by wholesale and retail...

UAE competitiveness ranking 2026 showing the country among the world's top five most competitive economies
BusinessLocal News

UAE Ranked Among World’s Top 5 Most Competitive Countries — And It’s No.1 For Economic Performance

The UAE has been ranked the fifth most competitive country in the world in the IMD World Competitiveness Yearbook 2026. It also secured...

The Yards Dubai residential community by BEYOND Developments in City of Arabia
BusinessLocal News

Dubai’s AED4 Billion ‘The Yards’ Project Announced With 1,560 New Homes

Dubai has announced a new AED4 billion residential project called The Yards in City of Arabia, Dubailand. Developed by BEYOND Developments, the master-planned...

Deliveroo Reservations Dubai allows users to book restaurant tables directly through the Deliveroo app
BusinessLocal News

Dubai Diners Can Now Book Restaurant Tables Directly on Deliveroo

Dubai residents can now discover and reserve restaurant tables directly through the Deliveroo app. The new feature, called Deliveroo Reservations, marks the company’s...

UAE salary rules trigger increase in employer payroll activity through Wage Protection System
BusinessLocal News

Could Your Business Be Affected by the UAE’s New Salary Payment Rules?

The UAE’s new salary payment rules for private sector companies took effect on June 1, 2026. Businesses must now pay employees through approved...

UAE pension salary after 35 years
BusinessLocal News

UAE Workers Can Get Full Pension Salary After 35 Years of Service: GPSSA

For many employees in the UAE, retirement planning often sits quietly in the background while daily work, rising living costs, and family responsibilities...

Modi UAE visit
Business

Modi UAE Visit Puts Focus on Oil Prices and India’s Economy

The UAE is once again stepping into the global spotlight as Indian Prime Minister Narendra Modi prepares for an important visit to Abu...