Construction has begun on NUMAJ, Autograph Collection, a 250-key hotel in AlUla, set to open in 2027. Developed by AlUla Development Company, it aims to enhance AlUla's appeal as a global destination with distinctive hospitality experiences, drawing inspiration from ancient navigation and local heritage, while adhering to sustainability principles. Read more →

The UAE is in talks with the US about a currency swap deal to create a financial safety net against global market turmoil. This proactive measure aims to bolster liquidity and financial stability amid rising geopolitical and economic risks, reflecting a precautionary approach to shield the UAE economy from external shocks and enhance market confidence. Read more →

ELEVATE has awarded Pinnacle Piling a £10.7m contract for piling and foundation works at its Mondrian Al Marjan Island Beach Residences project. This marks a significant step for the £385m development, which is already ahead of schedule, with shoring works complete. The project continues to attract strong market interest. Read more →

Celestyal Cruises has successfully navigated two of its ships, Celestyal Discovery and Celestyal Journey, through the Strait of Hormuz. This marks a significant achievement for the cruise industry, establishing a safe passage route during a sensitive period in the region. Both voyages were meticulously planned and executed with extensive coordination with authorities and security teams, ensuring the highest safety standards. Read more →

Dubai venues are offering midweek deals, including unlimited sushi, pizza discounts, seafood specials, and ladies' nights, encouraging residents to dine out earlier in the week. Several malls feature these promotions, with some also offering salon discounts and business lunches. Read more →

DMCC is launching a Cacao Centre in Dubai to create a trading, processing, and innovation hub for cocoa. This initiative aims to expand Dubai's agri-food offerings by integrating sourcing, processing, branding, and finance, fostering greater value capture closer to origin and strengthening Dubai's position in global commodity trade. Read more →

Atlantis Dubai has temporarily closed several restaurants across its The Palm and The Royal resorts. This move is to review trading patterns and align operations with guest demand, with a focus on enhancing its food and beverage offerings. Reopening dates will be determined by future demand and market conditions. Read more →

Nakheel has awarded Al Nasr Contracting Company a AED 527 million contract for infrastructure and utilities on Dubai Islands' Island B. This development, part of the Dubai 2040 Urban Master Plan, will feature roads, water, electrical, telecom, and drainage systems, supporting future residential, hospitality, and mixed-use projects. Read more →