Dubai Land Department has won the 2025 Hamdan Flag for its Tamallak+ initiative, recognizing its leadership in digital transformation and customer-centric government services. The AI-powered platform has streamlined property transactions, cutting service completion time by 88% while further strengthening Dubai’s position as a global real estate investment destination.
PROPERTY
Arada has launched Arada Capital, a new investment platform targeting real estate opportunities across the GCC and selected international markets, with a goal of managing US$5 billion in assets over the next four years.
money
ADX will remove daily trading limits on ETFs and futures from 3 August 2026, aiming to boost liquidity, improve price discovery, and give investors greater trading flexibility. The move supports the exchange’s strategy to build a more efficient and modern market.
Bahrain’s Electricity and Water Authority (EWA) has named ACWA Power as the sole bidder for the Hidd Independent Water Project. The new seawater desalination plant will have a capacity of 11,364 cubic meters per hour, strengthening the kingdom’s potable water supply and supporting growing residential, commercial, and industrial demand through advanced water treatment technology.
lifestyle
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