UAE Home Appliance Market to Reach 19.5 Billion Dirhams

The UAE home appliance market is expected to grow to 19.5 billion dirhams by 2025-2026, driven by rising demand for modern devices and improved living standards.

The market for home appliances and consumer electronics in the United Arab Emirates is projected to range between 18.5 and 19.5 billion dirhams during 2025–2026. This growth is driven by increasing demand for modern home devices. Analysts attribute this to population growth and rising living standards. Experts forecast further development in this sector in the coming years.

Latest news

See all news

2026-03-27T16:46:40+00:00

Strong Sales for Al-Futtaim Malls During Festive Season

Al-Futtaim Real Estate's shopping malls division reported strong performance during the Ramadan and Eid al-Fitr 2026 season, achieving an average annual sales growth of 8% across its malls in the United Arab Emirates.

Economy Events Country

2026-03-26T15:18:16+00:00

UAE Central Bank Gold Reserves Hit Record High

The UAE Central Bank's gold reserves rose 13.6% in January 2026 to a record AED43.051 billion, with a year-over-year increase of over 75%. The bank's monthly bulletin also reported growth in demand, savings, and time deposits.

Economy Country

2026-03-26T15:18:06+00:00

Tabreed Announces 2025 Dividend Distribution

Tabreed, the National Central Cooling Company, has announced the distribution of cash dividends for the second half of 2025, amounting to 6.5 fils per share, bringing the total annual dividend to 13.0 fils per share. This decision reflects the company's strong financial performance and its commitment to delivering value to shareholders.

Economy Country

2026-03-26T08:06:12+00:00

Surge in Demand for Local Vegetables in UAE

UAE retail chains are expanding contracts with local farmers to meet the growing demand for fresh vegetables and fruits, especially organic ones. Demand has increased by over 40% in 2026, strengthening the country's food security.

Economy Health Country