Abu Dhabi property market delivered a record performance in the first quarter of 2026 as strong demand pushed both sales and prices to new highs. The residential sector recorded AED38.1 billion, about $10.4 billion, in total sales between January and March, marking the strongest first quarter on record. According to property consultancy Cavendish Maxwell, the market saw around 8,100 transactions during the period. This represents a sharp rise of more than 211 percent in total value compared to the same quarter last year. The number of deals also climbed by nearly 124 percent, showing strong momentum in the sector. The…
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OMN AI
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UAE travel insurance is changing fast as two major airlines introduce new protection plans for passengers. The updates focus on stronger medical support, better disruption cover, and wider safety benefits for international travelers. Emirates Airline has launched a new global insurance product called Comprehensive Travel Cover. It is designed to give passengers full protection from the moment they book a flight. The cover includes medical support, trip cancellation, lost baggage help, and emergency evacuation services worldwide. A key feature is conflict related medical cover, which applies even in regions facing instability. The airline says this makes it one of the…
Abu Dhabi defence firms are moving deeper into Europe. Edge Group and Leonardo have formed a new joint venture. The plan targets about €4 billion in defence orders over the next five years. It marks a major step in UAE defence expansion into Europe. The deal focuses on advanced airborne radar systems. These systems will be used for modern stealth aircraft. The companies also plan to sell the M-346 training and fighter aircraft in Europe and other markets. It will support next generation military systems. Edge Group is a major defence company based in the United Arab Emirates. It was…
CNTXT AI funding round has brought strong attention to the Gulf tech scene after the Arabic AI startup raised 60 million US dollars in a new Series A deal. The round was co-led by BlueFive Capital and AI71, a key AI company based in Abu Dhabi. The funding is seen as one of the largest early stage AI investments in the region this year. The deal gives CNTXT AI fresh capital to grow its products and enter new global markets. It also shows rising investor interest in Arabic focused artificial intelligence tools. The company is building systems that focus on…
An Abu Dhabi court has ordered a divorced couple to stop posting any images or personal content involving their children on social media. The ruling was issued by the Abu Dhabi Civil Family Court after a legal dispute between the father and the mother of two daughters over the use of the children in online posts, including commercial and promotional content. The case began when the father filed legal action against his ex-wife, asking the court to prevent her from using their children in social media content. However, the court found that both parents had been sharing images of the…
The Abu Dhabi Department of Education and Knowledge has announced a new direction for the private education sector, outlining four key priorities designed to prepare students for a fast changing world while strengthening national identity and values. The Abu Dhabi education plan aims to balance academic development with cultural grounding, wellbeing, and future focused skills that support long term success. The four priorities focus on strengthening national identity, improving student wellbeing and health, building future ready skills, and advancing an affordable and high quality education system. Officials say the Abu Dhabi education plan is designed to help students grow not…
A new Abu Dhabi art gallery has launched with a digital-first approach, led by entrepreneur Maha Al Mansoori, who aims to expand the city’s cultural scene through new platforms for artists and collectors. The gallery does not yet have a permanent physical space and instead opened its first exhibition online using digital viewing rooms. Al Mansoori says the project is designed to grow over time and eventually move into physical spaces across Abu Dhabi. The inaugural exhibition, titled Held Unheld, brings together four artists from Paraguay, Bahrain, the Philippines, and the United Arab Emirates. It focuses on emotion, transformation, and…
HEA Energy has raised new funds in the Gulf debt market. The Abu Dhabi based offshore marine logistics company secured USD 550 million through a senior secured bond. The deal shows continued investor demand in the region. The bond has a three year maturity and carries an 8.75 percent coupon. It was priced at 99.33 percent of face value. The total borrowing capacity linked to the structure can reach up to USD 650 million. The transaction adds momentum to recent debt issuance in the Gulf region. Proceeds from the bond will support multiple company needs. The company will use the…
Abu Dhabi and Shanghai have taken a major step toward stronger economic cooperation after the Abu Dhabi Chamber of Commerce and Industry signed a new agreement with the Shanghai Foreign Investment Development Board, also known as Invest Shanghai. The deal was signed during the Abu Dhabi Investment Forum and is aimed at expanding trade, investment, and business links between the two global cities. The Abu Dhabi Shanghai alliance is designed to create a stronger framework for cross-border cooperation. Officials say the agreement will help simplify investment processes, support private sector growth, and increase long-term capital flows between the United Arab…
Abu Dhabi has launched a major infrastructure upgrade in Al Ain with a new dual carriageway project designed to improve traffic flow, safety, and connectivity between key areas of the city. The project links Al Sarouj area to the industrial zone and is part of wider efforts to support urban growth and modern transport systems in the emirate. The Department of Municipalities and Transport has started construction work on the project, which carries a total cost of about Dh291.11 million. The road is expected to be completed by the end of June 2027. Officials say the development is aimed at…
