分类： business

Emaar Properties, a leading global real estate developer based in Dubai, has announced a remarkable 22% increase in property sales, reaching Dh61 billion in the first nine months of 2025. This milestone is further bolstered by an unprecedented revenue backlog of Dh150.3 billion as of September 30, 2025, marking a 49% year-on-year growth. These figures underscore the company’s robust performance and the sustained demand for premium real estate in Dubai. Emaar’s revenue surged 39% to Dh33.1 billion, while EBITDA grew 32% to Dh16.6 billion. Net profit before tax also saw a significant 35% increase, reaching Dh16.7 billion. The company’s strategic land bank, comprising approximately 660 million square feet of mixed-use development opportunities, provides a solid foundation for future expansion. Mohamed Alabbar, Emaar’s founder, credited the UAE government’s leadership and Emaar’s long-term planning for this success. Emaar Development, the company’s build-to-sell subsidiary, reported Dh52.9 billion in property sales, a 10% increase, while its international operations saw a staggering 331% growth in sales, particularly in Egypt and India. Recurring revenue streams, including malls, hospitality, and leisure, contributed Dh7.7 billion, reflecting 13% growth. Emaar’s ESG initiatives and credit rating upgrades further highlight its commitment to sustainability and financial stability. With new luxury projects like Emaar Hills and Dubai Mansions, Emaar continues to lead the global real estate market.

EFG Hermes, a prominent investment bank specializing in Frontier and Emerging Markets (FEM), has announced the appointment of Christopher Laing as its new Head of Equity Capital Markets (ECM). Effective immediately, Laing will be based in Dubai, where he will spearhead the firm’s ECM operations, driving growth and expanding its regional and global footprint. Laing brings over three decades of investment banking experience, including senior ECM roles at HSBC and Deutsche Bank, where he led significant transactions across emerging and developed markets. His appointment aligns with EFG Hermes’ strategy to bolster its regional presence and deliver innovative capital market solutions. Mostafa Gad, Global Head of Investment Banking at EFG Hermes, expressed enthusiasm about Laing’s addition, highlighting his extensive expertise and the value he brings to clients. Laing himself expressed excitement about joining EFG Hermes, emphasizing the region’s dynamic market opportunities and his commitment to enhancing client partnerships and delivering strategic advisory solutions. This move underscores EFG Hermes’ dedication to maintaining its leadership in the region’s investment banking sector and supporting clients across the MENA region and beyond.

The United Arab Emirates (UAE) has solidified its position as a global leader in the cryptocurrency sector, emerging as one of the top five crypto-friendly jurisdictions worldwide. With a perfect score of 10 for tax-friendliness, the UAE imposes zero taxes on crypto trading, staking, and mining, making it an attractive destination for digital asset investors. This transformation has been driven by a combination of progressive regulatory frameworks and a zero-tax environment, positioning the UAE as a premier hub for crypto wealth migration. According to the 2025 Crypto Wealth Report by Henley & Partners, the global crypto market has surged by 45% in value, reaching $3.3 trillion, with 241,700 crypto millionaires and 36 billionaires now commanding fortunes exceeding $1 billion. The UAE has been at the epicenter of this digital wealth migration, with transaction volumes in the MENA region peaking at over $60 billion in December 2024. Between July 2023 and June 2024 alone, the UAE received an estimated $34 billion in cryptocurrency inflows, marking a 42% year-on-year growth. The country’s regulatory revolution, guided by its vision for economic diversification, has established sophisticated frameworks across its financial centers. The Abu Dhabi Global Market and Dubai’s Virtual Assets Regulatory Authority have provided clarity and security in an industry often characterized by uncertainty. This multi-jurisdictional approach has created an ecosystem where both institutional asset managers and fintech startups can thrive. The UAE’s crypto economy is further bolstered by widespread adoption, with over 500,000 daily active crypto traders and more than 30% of residents—approximately three million people—having invested in cryptocurrencies. Youth-led adoption is particularly significant, with 74% of young adults aged 25–34 expressing active interest in crypto. The UAE’s strategic location, bridging East and West, and its perfect score for tax-friendliness have made it a natural destination for globally mobile digital wealth. Emerging trends such as the tokenization of real-world assets and the rise of mobile-first, gamified platforms are expected to further strengthen the UAE’s crypto dominance. As the global crypto landscape matures, the UAE has positioned itself at the forefront of the digital wealth revolution, creating a sanctuary where digital wealth can flourish.

The first-ever Care in Dubai event is poised to catalyze green innovation and foster substantial investment throughout the Middle East and North Africa (Mena) region. This groundbreaking initiative aims to bring together industry leaders, policymakers, and innovators to address pressing environmental challenges and promote sustainable development. By providing a platform for collaboration and knowledge exchange, Care in Dubai seeks to accelerate the adoption of eco-friendly technologies and practices. The event underscores Dubai’s commitment to becoming a global hub for green innovation, aligning with broader regional goals to combat climate change and enhance environmental resilience. With a focus on actionable solutions, Care in Dubai is expected to have a lasting impact on the region’s economic and environmental landscape.

Sonichive, a trailblazer in modern workplace design, has been awarded the prestigious Superbrands 2025 accolade, cementing its status among the UAE’s most iconic brands. Known for its innovative, eco-friendly soundproof office pods, Sonichive has revolutionized workplace environments across the Middle East. The Superbrands Awards, a globally recognized program celebrating brand excellence, hosted its 2025 UAE edition on November 5, bringing together industry leaders from aviation, retail, technology, real estate, F&B, and lifestyle sectors. This year, Sonichive joined the ranks of esteemed brands like Emirates, ADNOC, and Starbucks, recognized for its exceptional reputation, performance, and consumer trust. Sonichive’s soundproof pods, crafted from aviation-grade aluminum and low-carbon polymers, combine sustainability, durability, and mobility. Designed to foster focus and creativity, these pods cater to private work, meetings, content creation, and collaborative activities, eliminating the need for structural renovations. As the world’s leading soundproof pod supplier, Sonichive provides tailored acoustic solutions to corporates, startups, co-working spaces, malls, and public venues. The award was accepted by Sonichive’s Directors, Aneez Arakkal and Abbas Thirunavaya, alongside Operations Manager Bernadine Kamdin and Abdi Rahman Nooh. This recognition underscores Sonichive’s commitment to enhancing workplace wellness, productivity, and sustainability. With plans for continued innovation and regional expansion, Sonichive is redefining the future of adaptable, eco-conscious workspaces in the UAE and beyond.