Business
Explore the latest UAE business updates onSocial Kandura Media, market trends, finance news, and economic developments across the Emirates.
Regional Conflict Couldn’t Slow UAE Banks—Q2 Earnings Tell the Story
What happened?Major UAE banks reported strong second-quarter earnings, with higher profits, growing customer deposits and increased lending despite geopolitical uncertainty linked to the...
Would You Live in a Chelsea FC Home? Dubai’s New Luxury Project Starts at AED 2.56M
What happened?Chelsea Residences by DAMAC has launched sales for its sixth and final residential tower in Dubai Maritime City. Who is affected?Homebuyers, property...
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...
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’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’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 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...
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...
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...
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...
