UAE air defences intercepted missile and drone threats, confirming safety for residents to resume normal activities. Five Indian nationals were injured. A national alert urges vigilance amid regional escalation involving Israel, Iran, and neighbouring countries.
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Emaar founder Mohamed Alabbar attributes the company's substantial dividend to decades of disciplined planning and resilience, even amidst regional uncertainty. He stresses the importance of long-term preparation and dedication, highlighting the UAE's robust planning, defence systems, and attractive quality of life as key strengths.
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Abu Dhabi's Department of Culture and Tourism has launched a Hotel Refurbishment Scheme in Al Ain, offering rebates of up to 17% for renovations. This initiative supports the region's growing tourism sector, which saw a 9% rise in guests and a 17% increase in RevPAR last year, aiming to enhance hospitality standards and preserve Al Ain's cultural heritage.
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Emaar Properties' substantial dividend payout signals strong confidence in the company and Dubai's real estate market. Analysts interpret this as a sign of underlying financial strength and optimism for the sector's rebound, suggesting a shift towards larger, trusted developers.
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Mezza, a new hospitality platform in the UAE, offers restaurants upfront capital by purchasing their food and beverage credit at wholesale. This provides restaurants with essential funding without debt, while diners redeem the credit over time, ensuring a consistent stream of customers and addressing financing gaps and diner attraction challenges.
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President Trump's signature will soon appear on US paper currency, a first for a sitting president, coinciding with the nation's 250th anniversary. This move, intended to symbolise economic achievements, deviates from the tradition of featuring only the Treasury Secretary and Treasurer.
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Emaar Development's AGM saw shareholders approve a substantial AED4 billion dividend. The company reported record 2025 sales of AED71.1 billion, a 9% increase, with revenue up 44% to AED27.5 billion. Significant land acquisitions and new project launches, including Emaar Estate, underscore a robust growth strategy.
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Israeli strikes on Iran and US pressure escalate regional tensions. Diplomatic efforts are underway as shipping in the Strait of Hormuz shows slight recovery, while the UAE addresses recent incidents. Live updates are available.
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