Business News from Thursday, October 15th, 2026
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Emaar sustains collection rate at 98 per cent during regional tension
Founder and Managing Director of Emaar Properties, Mohamed Alabbar revealed that Emaar has sustained its collection rate of 98 per cent, with its sales backlog standing at around AED 180 billion.
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H.H. Sheikh Hamdan witnesses launch of Dubai's Global Future Opportunities centre
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, has witnessed the signing of an agreement to establish the Centre for Global Future Opportunities in Dubai during the Annual Meeting of Global Future Leaders.
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Sheikh Abdullah and India’s Jaishankar discuss strengthening ties
Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has met India’s Minister of External Affairs, Dr Subrahmanyam Jaishankar, in Abu Dhabi.
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New mixed-use development planned for DIFC, due within two years
Dubai developer H&H has revealed details of the Water Gardens, a new mixed-use destination in the Dubai International Financial Centre (DIFC), with the first phase due to be completed in 18 months.
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H.H. Sheikh Mohammed, Sheikh Mansour review UAE development plansHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has discussed key national priorities with Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister, in Dubai.
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Sharjah Police dismantles complex, money-laundering networkSharjah Police have dismantled a complex cross-border network that had four separate gangs carry out a range of crimes, including money laundering, cyber-hacking and extortion.
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1 Billion Followers Summit, NMA launch initiative to establish 100 content businessesA new initiative has been launched by the 1 Billion Followers Summit and the National Media Authority (NMA) to support, mentor, and fund 100 content creators wishing to establish a business in the UAE.
