Damac Records Record Sales in Dubai

Damac Properties has strengthened its position in the Dubai real estate market, recording sales of AED 31.2 billion in March through 1,106 deals. These figures indicate high demand for real estate in the emirate and the company's successful strategy. Damac Properties continues to demonstrate stable growth despite the general economic situation. Experts attribute the company's success to the quality of its projects and attractive offers for investors.

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2026-04-06T16:07:39+00:00

Oil Prices Fall Amid Volatile Trading

Oil prices dropped over two dollars on Monday. Investors monitor talks and await clarity. Market volatility continues.

Economy Local

2026-04-06T15:58:16+00:00

Major Deals in UAE Stock Markets

Three major deals totaling 142.76 million dirhams were recorded with the stocks of Mir Group, Gulf Navigation, and Union Properties. Meanwhile, the Abu Dhabi index rose while the Dubai index fell, reflecting the different dynamics of economic sectors.

Economy Local

2026-04-06T10:59:24+00:00

Danube Group Confirms No Layoffs and Unveils New Residential Community

Danube Properties announced plans for a new residential community «Greenz by Danube» and confirmed it will not lay off employees amid economic challenges. Founder Rizwan Sajan expressed support for over 6,000 employees.

Economy Politics Local

2026-04-06T10:57:37+00:00

Dubai Boosts Economic Resilience Through Sector Coordination

Dubai shows economic resilience through tight government-business cooperation. Over 2,700 new companies joined Dubai Chamber in March 2026. SMEs make up 98% of the private sector, providing economic agility.