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    SpaceX plans $100bn Louisiana spaceport for Starship|Dubai tops creative FDI rankings for fourth straight year|Oil slides further as Brent drops to $86.80|Gold steadies after three-month high; crypto extends gains|Aramco signs $3.7bn in deals with French companies|Bitcoin tops $80,000 for first time in over three months|
    Dubai real estate

    Dubai Completes 104 Real Estate Projects Worth AED 111 Billion in H1

    UAE: Two Defendants Sentenced to Two Months of Community Service at a Petrol Station and Fined AED 50,000 Each

    Borouge Approves AED 2.41 Billion Interim Dividend

    Aerial view of a cargo ship navigating the Bosphorus in Istanbul, Türkiye, beneath a large bridge.

    UAE condemns Iranian attack on two ADNOC vessels in Strait of Hormuz

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    SpaceX has announced plans for a spaceport in Louisiana costing at least $100 billion, with construction beginning in 2027. The site would eventually host more than 12 launch towers and conduct over 30 Starship flights per day. Read more →

    Dubai held first place among 233 cities for new cultural and creative FDI projects for a fourth consecutive year, attracting 754 projects worth $3.756 billion in 2025. The result, drawn from fDi Markets data, placed the emirate well ahead of London, Singapore, Riyadh and Bengaluru. Read more →

    Crude benchmarks fell sharply for a second day on Wednesday, with Brent dropping 2% to $86.80 per barrel and WTI sliding 1.8% to $80.87. Both contracts had already lost more than 3% in Tuesday's session. Read more →

    Spot gold held at $4,652.39 per ounce on Wednesday after reaching its highest point in more than three months. Bitcoin and Ether continued their August surge, up 25% and 31% respectively on the month. Read more →

    Saudi Aramco has signed deals and an MoU with French companies worth a potential $3.7 billion, covering drilling equipment, oil and gas pipes, and industrial AI cooperation. The agreements were concluded at the Saudi-French Investment Roundtable in the presence of CEO Amin Nasser. Read more →

    Bitcoin climbed above $80,000 on Tuesday, its highest level in more than three months, driven by a softer dollar and US Treasury plans to buy back long-dated bonds. The token is up 28% since the start of August, its strongest monthly run since November 2024. Read more →

    The United States launched Operation Pariah against Iran on Monday, sanctioning more than 60 individuals, entities and vessels and extending secondary sanctions to five sectors. Treasury Secretary Scott Bessent warned foreign governments to cut ties with Tehran or face being shut out of the dollar financial system. Read more →

    Abu Dhabi will host the inaugural EuroLeague Basketball Super Cup at Etihad Arena on Yas Island on 18 and 19 September 2026. Olympiacos, Fenerbahce, Real Madrid, and Dubai Basketball Club will contest the four-team tournament, which opens the European club season. Read more →

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