Business

ADGM Academy (ADGMA) has partnered with PGIM, the global investment management arm of Prudential Financial, Inc., to launch the RealAssetX Abu Dhabi Innovation Center — a cutting-edge facility dedicated to innovation in sustainable technology, artificial intelligence (AI), and deep tech across the real asset sector. Slated to open in September 2025 at ADGM Academy’s headquarters, the center will...

Ripple has announced a strategic collaboration with Ctrl Alt, a real estate tokenization infrastructure provider endorsed by the Dubai Land Department (DLD), to offer secure digital custody for tokenized property title deeds on the XRP Ledger (XRPL). This marks Ripple’s first major custody initiative in the UAE, expanding its global presence in asset tokenization across Europe, Asia-Pacific, Africa, and...

Landing at Dubai International, visitors are greeted by blue skies, the aroma of cardamom, and skyscrapers slicing through the horizon. The United Arab Emirates has mastered the art of turning tourists into long‑term residents, offering property options that promise more than a place to store luggage. For expats, purchasing real estate here has shifted from trend to global movement—unlocking capital...

The UAE’s real‑estate sector has matured into a stable, investor‑friendly landscape, buoyed by post‑pandemic inflows of professionals and high‑net‑worth individuals. Yet whether it’s better to rent or buy varies sharply by neighbourhood. Districts Where Renting Is the Smarter Choice A recent report from Bloom Holding identifies eight areas where monthly rents are significantly...

Dubai’s real‑estate sector remains one of the world’s most attractive, buoyed by robust economic growth, pro‑investor regulations, and steady foreign capital. Long‑term residency initiatives and continued infrastructure expansion have reinforced confidence, keeping demand high across residential, commercial, and luxury segments. Yet off‑plan purchases still carry legal risks, and buyers must...

Buyers from the United Arab Emirates are emerging as some of the most active foreign investors in the U.S. residential property market, according to a new report by the National Association of Realtors (NAR). In the latest findings released Monday, the UAE is tied for sixth place globally—alongside Brazil, Colombia, and Nigeria—each accounting for 3% of international real estate purchases in the...

Dubai: Abu Dhabi’s sovereign wealth fund, Mubadala, is part of an international consortium acquiring Techem, a German-based digital energy solutions provider for the real estate industry, in a deal valued at Dh29 billion (6.7 billion euros). Headquartered in Germany, Techem serves over 440,000 customers across 18 countries, supporting more than 13 million properties globally. The company specializes...

In a landmark step beyond its home market, 158‑year‑old Indian construction and real‑estate powerhouse Shapoorji Pallonji has delivered its first international residential venture, Imperial Avenue in Downtown Dubai. The 45‑storey tower—framed by sweeping views of Burj Khalifa and the Dubai Canal—ushers the group into Dubai’s luxury‑property arena. Imperial Avenue welcomes...

Abu Dhabi’s Mubadala Investment Company has joined forces with a consortium of international investors to acquire Germany-based Techem Energy Services in a $7.9 billion (AED 29 billion) deal, aiming to accelerate decarbonisation in the global real estate sector. Announced on Monday, the acquisition involves Mubadala alongside Switzerland’s Partners Group, Singapore’s sovereign wealth fund GIC,...

Park Group has taken a decisive step toward regional expansion by opening a Dubai office and unveiling Ajman Creek Towers, a milestone development making its first appearance in the Dubai market. This two‑part announcement illustrates the firm’s intention to weave Ajman’s real‑estate landscape more closely into Dubai’s while accelerating its presence across the Emirates. The newly established...