Business News from Tuesday, August 4th, 2026
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Meraas marks key project milestone at 'Nourelle'
Meraas, a member of Dubai Holding Real Estate, has awarded a contract to International Foundation Group for commencement of groundworks at Nourelle, marking the next phase in the delivery of the premium residential development within Madinat Jumeirah Living.
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UAE's GDP grows by 3% to AED485 billion in first quarter of 2026
The UAE's real gross domestic product grew by 3 per cent in the first quarter of 2026 to reach AED485 billion, reflecting the resilience of the national economy despite the regional challenges.
News
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Nominations for first Dubai-it Award open August 10Nominations for the first edition of the Dubai-it Award open on August 10, recognising individuals, projects and organisations that have turned ambitious ideas into tangible results in Dubai.
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UAE convoys deliver 663 tonnes of aid to GazaFive UAE humanitarian aid convoys carrying 663 tonnes of supplies have entered the Gaza Strip over the first week of August as part of Operation Chivalrous Knight 3.
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Irish authorities praise UAE over Daniel Kinahan extraditionIreland's Justice Minister has praised UAE authorities for their handling of the extradition of Irish national Daniel Kinahan, describing the professionalism of the country's judicial bodies as being of a high standard.
