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Dubai’s property market remained steady, with prices up 2.5% and AED 46B in sales driven mostly by off-plan activity. Buyer demand at betterhomes rose 3%, while leasing saw 45,771 contracts, with renewals climbing to 59% as tenants stayed put heading into 2026. Strong sales momentum, stable rentals, and community-led demand set a balanced foundation for the new year.
12/12/2025
Gold recovered above the US$4,000 mark after last week’s pullback, but analysts say the correction is masking a deeper shift in global demand. While short-term investors have reduced exposure, central banks and long-term buyers—particularly in China—continue to increase their gold holdings, reinforcing gold’s role as a strategic reserve asset.
Kuwait’s annual inflation rate rose 2.19% in June, driven by higher prices for food, transport, healthcare, education, clothing, and other consumer goods, according to official data. Food and beverages saw the largest increase at 5.55%, while miscellaneous goods and services climbed 5.8%.
Second-quarter earnings are beating expectations at one of the fastest rates in years, with major banks leading the way. But as markets set a higher bar, company outlooks are proving just as important as financial results. While strong guidance is rewarding stocks, cautious forecasts from companies like Citigroup and IBM have triggered sharp market reactions, highlighting a growing focus on future growth over past performance.
The IMF has praised the UAE’s economic resilience following its latest consultation visit, highlighting the country’s strong financial system, effective policy response, and ability to withstand regional geopolitical challenges. The Fund also commended the UAE’s banking sector, fiscal strength, and proactive measures that continue to support economic stability and investor confidence.
20/07/2026
