News

Dubai , May 14, 2026 : Shoppers across Dubai can celebrate the spirit of Eid Al Adha with exciting
rewards as the Eid in Dubai Shop, Scan & Win campaign launches with a total of 200,000
Dirhams in Eidiya prizes for 25 lucky winners. Starting 18 May the promotion will run for 14
days and will end on 31 May 2026, the festive promotion invites residents and visitors to enjoy
rewarding shopping experiences across participating malls in the city while celebrating the spirit
of generosity and togetherness that defines Eid Al Adha.
Designed to add even more excitement to the Eid Al Adha shopping season, the campaign
encourages shoppers to explore Dubai’s vibrant retail destinations while searching for the perfect
gifts, festive fashion, and memorable experiences with family and friends. The promotion is part
of the Eid in Dubai (Eid Al Adha) campaign, taking place citywide from 22 to 31 May 2026, and
will also coincide with the extended 3-Day Super Sale, running from 27 to 31 May 2026, as part
of the Dubai Retail Calendar.
To participate, shoppers simply need to spend 200 Dirhams or more at any participating mall,
scan the in-store QR code, and upload their purchase receipt along with their details. Once
submitted, customers will automatically be entered into the digital raffle draw for a chance to win
exciting cash rewards.
The campaign will award a total of 200,000 Dirhams in cash prizes to 25 lucky winners,
including:

  • 15,000 Dirhams each for 5 winners
  • 10,000 Dirhams each for 5 winners
  • 5,000 Dirhams each for 15 winners

Raffle draws will take place on 30, 31 May and 1 June 2026, bringing an exciting conclusion to
the festive shopping campaign.
The Eid in Dubai Shop, Scan & Win campaign will take place across a diverse selection of
popular retail and community destinations throughout the city, including Al Ghurair Centre,
Silicon Central, Bay Avenue, Arabian Center, Dubai Festival Plaza, Souk Al Seef, Al Khail
Gate Community Centre, Shorooq Community Centre, Serena Community Centre,
Villanova Community Centre, Mudon Community Centre, and West Zone Mall’s in Al

Khail Gate & Al Mizhar 1 & 2. These locations offer shoppers convenient access to participate
in the festive promotion while enjoying the vibrant Eid Al Adha shopping atmosphere across
Dubai.
Whether shoppers are selecting thoughtful gifts for loved ones, dressing for the Eid prayer, or
simply enjoying the festive atmosphere across Dubai’s retail destinations, every purchase during
the campaign period carries the opportunity to turn everyday shopping into a rewarding
experience.
The campaign is co-presented by BUZ Management & Marketing Consulting LLC, the
official organising partner for the promotion, in association with Dubai Festival and Retail
Establishment, Dubai Economy & Tourism, with both partners contributing equally to the Dh
200,000 total prize pool.
“Eid Al Adha is a time of generosity, celebration, and shared moments with loved ones, and this
campaign reflects exactly that spirit,” said Baiju Kurieash, Managing Director of BUZ
Management & Marketing Consulting LLC. “Through the Shop & Win promotion, we aim to
create joyful and rewarding shopping experiences across Dubai while celebrating customers with
meaningful Eidiya prizes during one of the most significant festive periods of the year.”
As Dubai continues to celebrate Eid Al Adha with vibrant retail experiences and festive activities
across the city, the Shop & Win Rewards campaign adds another layer of excitement by
encouraging shoppers to engage, explore, and celebrate the season across participating malls.
For more details on the campaign and winner announcements, visit shopandwinrewards.com.

Eid Al Adha programme opens year-long line-up featuring Magic Phil, Goldilocks, Aladdin and The Wizard of Oz

Sharjah , May 14 , 2026 : Sharjah Investment and Development Authority (Shurooq) has announced the launch of the 2026 live family theatre season at Masrah Al Qasba, unveiling a year-long programme of stage productions set to run through December at Al Qasba.

Opening during the Eid Al Adha holidays, the new season will feature a mix of classic fairytales, interactive performances and family-friendly entertainment aimed at audiences of all ages.

The programme begins with Magic Phil: Staying Silly at Sea, running from 27 to 30 May in English. The interactive comedy and magic performance will take audiences on an imaginative nautical adventure filled with illusions, humour and audience participation. Performances will take place daily at 3:00 PM and 6:00 PM, with tickets priced at AED 55.

Following the summer break, Goldilocks & Magic Phil’s Back to School will take the stage from 27 to 30 August. The production reimagines the classic Goldilocks and the Three Bears tale with Magic Phil’s signature comedy and magical twists. Tickets are priced at AED 49.

In October, audiences can look forward to Aladdin, scheduled from 1 to 4 October. The production will bring the beloved Arabian fairytale to life through vibrant performances, themed sets and high-energy storytelling as Aladdin embarks on an adventure with the Genie and Princess Jasmine while facing the villainous Jafar.

The season concludes in December with The Wizard of Oz, running from 4 to 6 December. Families will follow Dorothy and her companions along the yellow brick road in a theatrical journey centred on friendship, courage and discovery.

Commenting on the new season, Khalid Al Ali said:

“At Al Qasba, we are committed to creating engaging cultural experiences that bring families together and celebrate the joy of storytelling. The 2026 theatre season reflects our ongoing efforts to support Sharjah’s vision of nurturing creativity and enriching community life through accessible, high-quality entertainment.”

He added that the programme aims to reinforce Al Qasba’s position as a leading destination for family entertainment and cultural engagement in Sharjah.

All productions will feature two daily performances at 3:00 PM and 6:00 PM.

For the complete theatre schedule and ticket information, visit Discover Shurooq Events Page.

Dubai , May 14 , 2026 : HONOR, a global AI device ecosystem company, has announced a
strategic collaboration with OWN eSIM to bring seamless digital connectivity solutions to smartphone
users across the GCC. Through this partnership, the OWN eSIM application will be preinstalled on
selected HONOR smartphone models using Google PAI, enabling customers to access and activate
global connectivity services directly from their devices with greater ease and flexibility.
By integrating OWN eSIM’s digital connectivity platform within HONOR devices, users will be able to
activate international data services instantly, eliminating the need for physical SIM cards and enabling
a smoother travel and connectivity experience.
Enabling a Smarter and More Connected Mobile Experience
With digital lifestyles evolving, consumers increasingly expect their devices to offer seamless access
to services that enhance everyday convenience. The partnership between HONOR and OWN eSIM
responds to this demand by embedding advanced connectivity capabilities directly into the
smartphone ecosystem. This integration allows HONOR users across the GCC to manage
connectivity more easily, particularly when travelling or using multiple networks.
The initiative strengthens HONOR’s commitment to delivering innovation beyond hardware,
positioning its devices as intelligent platforms for modern digital lifestyles. Through the integration of
ready-to-use connectivity solutions. The preinstallation of the OWN eSIM application on HONOR
devices will significantly enhance accessibility, adoption and visibility for the platform, allowing OWN
eSIM to reach a wider audience of smartphone users across the GCC.
Debo Zhang, General Manager – HONOR GCC said, “Connectivity today must be as dynamic as the
lives we lead. Our collaboration with OWN eSIM reflects HONOR’s commitment to delivering smarter,
more integrated digital experiences for our users. Smartphones today are central to how people work,
create, and stay entertained. By bringing eSIM functionality directly into our devices, we are enabling
customers to stay connected more easily and confidently wherever their journeys take them.”
Expanding the Future of Digital Connectivity in the GCC
For OWN eSIM, this collaboration marks a significant milestone in expanding its presence across the
GCC and strengthening its position within the rapidly growing eSIM ecosystem. With its application
integrated directly into HONOR devices, OWN eSIM will be able to reach a broader base of
consumers.
Martijn Van Der Ven, Founder and CEO of OWN eSIM, said, “We are pleased to partner with HONOR
to bring our connectivity platform closer to users across the GCC. This collaboration represents a
shared ambition to remove friction from the way people connect when they travel or move across
borders. By embedding OWN eSIM directly into HONOR smartphones, we are delivering a seamless,
future-ready connectivity experience designed for today’s digital-first consumers.”
Beyond the technical integration, the partnership will be supported by coordinated marketing and
communication initiatives aimed at raising awareness and encouraging adoption across the region.
Both companies will work together on campaigns that highlight the benefits of integrated eSIM
technology.
Driving the Next Generation of Digital Connectivity

As mobile connectivity shifts toward more flexible, digital-first solutions, the collaboration between
HONOR and OWN eSIM reflects a broader industry move toward embedded connectivity services
that simplify the user experience. Combining HONOR’s device innovation with OWN eSIM’s
connectivity expertise, the partnership aims to give users greater freedom and convenience to stay
connected wherever they are.
Through this collaboration, HONOR and OWN eSIM are enhancing the smartphone experience while
contributing to smarter connectivity across the GCC.

Abudhabi , May 14 , 2026 : In light of Nissan’s recently announced long-term strategic
vision, “Mobility Intelligence for Everyday Life, Irfan Tansel, Chief Executive Officer of Al
Masaood Automobiles, the authorised distributor for Nissan and INFINITI in Abu Dhabi, Al
Ain, and the Al Dhafra region, has welcomed the brand’s forward-looking vision, describing
it as a direction closely aligned with the expectations of customers in the UAE.

The vision sets out a significant shift in how Nissan approaches its global product portfolio,
streamlining its model lineup and expanding powertrain options across each, giving
customers greater choice while concentrating investment in models and technologies that
matter most. Alongside an increased focus on AI-driven vehicle intelligence, electrification
sits at the heart of the direction, with Nissan’s e-POWER series hybrid system, which delivers
electric motor-driven performance without the need to charge.

In its announcement, Nissan identified the Middle East as a priority growth and profit market,
citing strong demand for large SUVs and premium vehicles as closely aligned with the
brand’s strengths. Key models underpinning that direction include the X-Trail Hybrid e-
POWER and, in the premium segment, the all-new 2027 INFINITI QX65 SUV, the first of
the new INFINITI models planned under the vision.

For Al Masaood Automobiles, Nissan’s vision reflects a broader shift that is already shaping
how customers in the UAE think about their vehicles. Drivers today are more informed, more
connected, and more deliberate in what they expect from a car; not just in how it performs,
but in how it fits into their daily lives. Keeping pace with those evolving expectations and
ensuring customers have access to innovative mobility and support to meet them, sits at the
centre of how Al Masaood Automobiles approaches its role in this market.

“Customer expectations in this market have evolved considerably, and they will continue to
do so. People want vehicles that are intelligent, capable, and genuinely relevant to how they
live – and that is precisely what Nissan’s vision is built around. Our commitment, as it has

Press Release
always been, is to ensure that progress reaches our customers in a way that is accessible and
well supported,” Tansel said.

With more than five decades of presence in Abu Dhabi, Tansel reaffirmed Al Masaood
Automobiles’ commitment to working alongside Nissan as the vision takes shape, noting its
alignment with the UAE’s broader ambitions in intelligent mobility.

A Step Change Towards Faster, More Flexible Mobility

Duabi , May 12, 2026 : Dubai’s Roads and Transport Authority (RTA) has added 4 key areas to its Bus-On-Demand service: Al Qusais, Jumeirah Village Circle, Al Warqa’a and Dubai Investments Park. The expansion reflects RTA’s continued commitment to advancing an integrated smart public transport network that supports seamless and sustainable mobility.

The service delivered a remarkable performance in 2025, with ridership rising to 984,929 riders from 417,315 in 2024, an increase of 567,614 riders, representing a growth rate of around 136%. This rapid growth underlines customers’ confidence in the efficiency of the service and its growing role as a reliable option for daily mobility.

The latest addition brings Bus-On-Demand coverage to 17 areas across Dubai, served by a fleet of 49 buses, underscoring the pace of expansion and RTA’s responsiveness to population growth and rising demand for flexible mobility solutions.

Before this expansion, the service covered Al Barsha, Al Nahda, Dubai Silicon Oasis, Dubai Academic City, Al Rigga, Port Saeed, Business Bay, Downtown Dubai, Oud Maitha, Al Karama, Barsha Heights, Al Mankhool and Dubai International Financial Centre (DIFC).

The addition of four new areas forms part of RTA’s strategy to strengthen first and last-mile connectivity by offering flexible mobility options that link residential communities with public transport stations. It also aligns with Dubai Government’s directions to cement the emirate’s global leadership in seamless and sustainable mobility.

The service is built on an innovative operating model that enables bookings through the Dubai Bus-On-Demand smart app. Customers can easily select their pick-up and drop-off points and access the service within a short time.Bus-On-Demand operates through minibuses that respond to real-time demand, without being restricted to fixed routes. This helps reduce waiting times, enhance operational efficiency, and improve the customer journey.

The service reflects RTA’s commitment to adopting the latest digital solutions and advancing smart transformation in the transport sector. It also helps improve traffic flow, reduce reliance on private vehicles, and support integration with the public transport network, including Dubai Metro and public buses.

The service plays a pivotal role in supporting first and last-mile connectivity by facilitating access to business centres and public transport stations, encouraging the use of public transport, and enhancing mobility efficiency across the emirate.

The service is offered at a flexible and affordable fare of AED 5 per trip and AED 4 for each additional rider, with shared trips available, enhancing operational efficiency and lowering the cost of travel for users. RTA is offering launch-phase promotions, including free trips for a limited period, to encourage the public to experience the service.

The next phase will see a carefully planned expansion into new areas, alongside further development of the operating model and fare structure. This will ensure a balance between service quality and financial sustainability, while strengthening the service’s position as a core component of Dubai’s smart transport ecosystem.

Dubai , May 12 , 2026 : Indian economy that is aspired to exceed US$30 trillion by the country’s independence centenary in 2047, provides a huge economic opportunity for investors worldwide, and with the growing strategic relationship, the UAE is well-positioned to benefit from it, experts said at a conference organised by the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI), attended by more than 500 professionals.

“We are living at a time of extraordinary global transformation. The world economy is being reshaped by climate challenges, technological innovation, energy transition, digital finance, and changing trade corridors. In this rapidly evolving landscape, the role of West Asia has become increasingly significant,” Dr Mohammed Saeed Al Kindi, former UAE Minister for Environment and Water, told the delegates. 

“The region is no longer viewed only as an energy hub, but as a major centre for global investment, trade connectivity, financial services, logistics, technology, and sustainable development.”

The conference, titled, Shifting Geo-Economics: Rewiring West Asian’s Economic Core, focused on the Gulf region’s changing geo-economic landscape, especially following the recent uncertainty. Council for International Economic Understanding (CIEU), a Knowledge Partner the ICAI, supported the event. However, the discussions dominated the UAE’s tolerance, resilience, the country’s leadership in reassuring the global community and investors, building trust by securing more investment, and its transformation towards growth.

CA Rishi Chawla, Chairman of the Dubai Chapter of the ICAIsaid, “The UAE’s bold, dynamic, and visionary leadership continues to inspire immense confidence across the global business and investor community, positioning the nation as a symbol of stability, resilience, and forward-thinking growth. In today’s rapidly changing world, geo-economics and capital flows are no longer just economic concepts—they are powerful forces shaping the future of trade, finance, investment, and global influence.

“This is our fifth business conference in two months, and this reflects an environment that makes us feel safe at home and at work. Amid all these, investors are announcing record deals and investment. This is the UAE that we are all proud of.”

The world has shifted to a multi-polar global geo-economic environment, from a unipolar world since the break-up of the Soviet Union in 1991 – that has recreated the world order with regional alliances, according to Meenakshi Lekhi, former Indian Minister of State for External Affairs and Culture.

“From Non-Alignment, we also have moved to regional alignments as the global economic power centre is shifting towards the East and South. India with its ancient civilisation, culture and strong democratic credentials now represents the global South where regional alliances are gaining momentum,” Meenakshi Lekhi said.

“In the fragmented geo-economic environment, India has a lot to offer in terms of scientific, industrial and human capital. India believes in cooperative multi-polarity and this is where India is partnering with the UAE and GCC countries – home to a large Indian diaspora that are contributing to these economies.

“The UAE and India are two sisters who have navigated through multiple regional challenges. Both the countries are undergoing a tectonic shift in the global geo-economic environment where science, innovation, quantum computing, Artificial Intelligence, and technological disruption will determine who leads in this multi-polar world.”

The Comprehensive Economic Partnership Agreement (CEPA) signed between the UAE and India has created new opportunities for both the countries where two-way trade is set to double from US$100 billion in 2024-25 financial year to the US$200 billion mark by 2032.

India’s economic growth could create a US$45 trillion opportunity for the UAE and its investors, according to Siddarth Balachandran, President of the Indian Business and Professional Council (IBPC).

“India is on a snowball growth trajectory with its economy growing from US$4 trillion to an aspirational US$30 trillion by 2047 when the country celebrates its centenary of independence. This aspirational target is realistic and will create a US$45 trillion economic opportunity for all stakeholders. When India grows to that level, who will benefit? Obviously, the investors who are betting on its growth – such as the UAE and other countries,” Siddarth Balachandran who is also a seasoned investor and Executive Chairman and CEO of Buimerc Corporation, said.

“India’s US$150 billion annual infrastructure gap provides a huge opportunity with 25 per cent annual return in US dollar terms. The UAE is one of the leading investors in India’s National Infrastructure Investment Fund (NIIF). Uncertainty is a certain thing in the current global environment, and both the UAE and India have factored this in their growth vision.”

Despite the regional uncertainty, Dubai’s real estate sector delivered a strong performance in the first quarter of 2026, with total transactions reaching Dh252 billion in the first quarter of 2026, marking a 31per cent year-on-year increase in value and a 6 per cent rise in volume, reflecting sustained momentum and investor confidence.

CA Ankur Agarwal, Chairman and Co-Founder of BNW Developments, whose company is currently developing projects worth Dh32 billion in the UAE, said, “The UAE growth story is no longer single engine. Last year, the country’s total non-oil trade reached Dh3.8 trillion last year when 32.34 millionpeople stayed in the hotels with hotel revenues reaching Dh49.21 billion. The UAE economy has been growing at more than 5.6 per cent – that can’t be affected with short-term problems.

“During the last two months, a number of property developers have launched new projects and investors are buying them. Our organisation is hiring salesmen – increasing from 350 to 1,000 by the end of this year – to manage growth. So, we have solid confidence in the UAE and these regional crises won’t deter investors who will continue to invest in the UAE.”

Amjad Taha, an Emirati expert in strategic affairs, said, “The UAE is a global leader in navigating through crises fast and transforming its economy from every challenges. What happened in recent weeks amid the crisis? Just last week, we witnessed 146,000 delegates attending an exhibition participated by 1,245 exhibitors in Abu Dhabi that saw 200 business deals signed including Dh180 billion cumulative off-take and Dh200 billion investment announced by Abu Dhabi National Oil Company (ADNOC).

“We used to only export oil in the past. Now we are exporting industrial products, technology, and trust. Our investment in futuristic technology will see the country become the global capital of Artificial Intelligence. These long-term strategic vision won’t be affected by geo-economic challenges as the country’s leadership will shield us with protection,” Amjad Taha said.

“With this kind of leadership, investors will continue to invest in the UAE – as they see certainty in an uncertain environment that strengthens their trust and confidence. That’s why you see so much of investment coming in while property developers are announcing new projects while missiles are hurled towards the UAE.”

ICAI is the largest professional body of Chartered Accountants across the world with over 1,000,000+ students and around 450,000+ members. ICAI has a wide network with five Regional Councils, 176 Branches, 54 Overseas Chapters, and 31 representative offices across the globe. And among 54 overseas chapters, ICAI Dubai Chapter is the largest and most vibrant chapter of ICAI. Of the 8,000 Indian Chartered Accountants active in the UAE‘s private sector, 1,400+ are currently leading businesses in senior positions.

Dubai, May 11, 2026: A new generation of investors is reshaping financial markets, with participation accelerating across both developed and emerging economies. In the UAE and wider MENA region, this shift is particularly pronounced, driven by a digitally native population redefining how wealth creation begins.

Young investors are entering the markets with a mindset that differs significantly from previous generations. Rather than waiting to reach peak earning years, many are starting early and approaching investing as a long-term discipline. This behavioural shift is evident globally, with 82% of Gen Z investors in the US beginning their investment journey before the age of 21, signalling a move towards consistency and habit-driven investing over short-term gains.

This early participation is underpinned by a strong foundation of financial awareness. Research from the World Economic Forum indicates that 86% of Gen Z have learned about investing by the time they enter the workforce, reflecting how financial literacy is becoming embedded earlier and shaping more confident, informed financial decision-making across generations.

In the UAE, this generational transformation is already visible at scale. More than 60% of UAE consumers actively use digital financial platforms, reflecting a high level of engagement and financial awareness. Learning pathways have evolved, with 50% of Gen Z relying on social media as a primary source for investment knowledge, reinforcing the role of digital ecosystems in shaping investor behaviour.

Tajinder Virk, Co-Founder and CEO, Finvasia Group and Dealing, said: “Young investors today are entering the markets earlier, more informed, and with a clearer sense of purpose than any generation before them. What we are seeing across the UAE and globally is a shift from reactive investing to intentional wealth-building, where consistency, accessibility, and values matter as much as returns.”

This evolution is closely tied to the rapid adoption of digital platforms. Across the MENA region, digital investment platform adoption is growing at 20–25%, while in the UAE, 70–75% of investors now prefer mobile-first, digital investment solutions, underscoring the demand for seamless, technology-led experiences.

Market fundamentals further reinforce this momentum. The UAE’s fintech ecosystem is projected to exceed $3 billion by 2026, supported by strong economic fundamentals, including a GDP per capita of over $47,000, one of the highest in the region. This combination of high disposable income and digital readiness is enabling broader participation in financial markets.

The investor ambition is becoming increasingly global. While 85% of UAE retail investors continue to invest in local stocks, appetite for international diversification is accelerating, particularly towards US equities and technology-led sectors. Regional investment reports show multi-asset investing across MENA has risen sharply, with diversified portfolios accounting for 16.4% of investment activity by 2025, reflecting growing demand for global exposure beyond domestic markets. Wealth managers across the GCC are also reporting rising allocations towards international equities, especially US markets, as investors seek broader sector access, AI-driven growth opportunities, and long-term portfolio resilience.

However, despite strong intent, a gap remains between aspiration and action. Investors across the GCC are globally aware and financially capable, yet participation in global markets is often constrained by factors such as perceived platform complexity, limited financial knowledge, and a tendency towards short-term trading behaviour, which can heighten the fear of financial loss.

“At Dealing, we are building for this new investor profile. This generation does not want complexity or gatekeeping; they want simplicity, transparency, and the ability to start small while thinking big. Whether it is a young professional in Dubai or a first-time investor anywhere in the world, the expectation is the same: a platform that speaks their language and supports their long-term financial journey. This is not just a trend, it is a structural shift that will define the future of global investing,” said Virk.

Platforms like Dealing simplify access to global markets, enabling investors through a unified platform that offers access to global markets, a simplified and user-centric experience, institutional-grade infrastructure, multi-asset investment capabilities, and an education-led ecosystem with transparent pricing.

The convergence of early investing habits, digital adoption, and global ambition is set to redefine capital markets. The UAE, with its progressive ecosystem and tech-forward population, is emerging as a key hub in this transformation, as platforms like Dealing enable the next generation to build wealth with confidence, clarity, and control.

Accessing Dealing: Investors can start building their globally diversified portfolios by creating an account at Dealing.com

Sharjah , May 12, 2026 : Sharjah’s real estate sector recorded transactions worth AED3.5 billion in April 2026, through 15,669 transactions across the emirate, according to data issued by the Sharjah Real Estate Registration Department.

The total traded area in sales transactions reached approximately 13 million square feet, reflecting the stability of Sharjah’s real estate market.

The real estate sector in Sharjah is witnessing a state of stability driven by a range of integrated factors that have strengthened the emirate’s appeal as an investment destination.

Flexible government policies and supportive legislation have contributed to providing a stable regulatory environment that encourages long-term investment. In addition, major development projects and well-planned urban expansion have played a key role in sustaining market activity and attracting both local and foreign capital.

According to the data, title deed transactions recorded 8,710 transactions, representing 55.6 percent of total transactions, followed by ownership certificate transactions with 5,291 transactions (33.8 percent).

Initial sales contract transactions totalled 936 transactions (6 percent), while mortgage transactions recorded 443 transactions (2.8 percent with a value of AED651 million). Valuation transactions were 289, representing 1.8 percent of total transactions.

Sales transactions were carried out across 115 areas in Sharjah, covering residential, commercial, industrial, and agricultural properties. A total of 1,537 land transactions were recorded, while 790 transactions involved subdivided units, and 348 transactions involved built-in land.

The highest real estate transaction recorded during April was in “Industrial Area 4,” involving a built-in land worth AED30 million. Meanwhile, “Al Majaz 1” recorded the highest mortgage transaction involving a land with a value of AED153 million.

The report indicated that the total number of sales transactions in Sharjah reached 2,675.

In detail, the total number of sales transactions in Sharjah City reached 2,004 transactions. “Muwaileh Commercial” ranked the highest with 447 transactions, followed by “Mezairah” with 238 transactions, then “Rodhat Al Sidr” with 136 transactions, and “Al Sehma” with 131 transactions.

In terms of trading value, “Muwaileh Commercial” ranked first with AED448.5 million, followed by “Al Menhaz” with AED213 million, “Al Sajaa Industrial” with AED205.7 million, and “Tilal” with AED191.9 million.

In the Central Region, 613 sales transactions were recorded, most of which were in “Al Belaida” with 366 transactions, which also recorded the highest trading value at AED176.4 million.

In the Eastern Region (Khorfakkan, Kalba, and Dibba Al Hisn), a total of 58 sales transactions were recorded. Al Mudeife was the highest in terms of the number of transactions and trading value with 20 transactions and AED29.9 million in trading value.

Dubai, May 12, 2026: – Dubai Investments reported profit before tax of AED 185.06
million for the three-month period ended March 31, 2026, compared to AED 184.89 million
during the same period last year. Profit after tax stood at AED 168.97 million, up from AED
167.18 million in the corresponding period last year.
Dubai Investments delivered a stable performance in the first quarter of 2026, reflecting the
resilience of its diversified portfolio and the strength of its core operating segments. The
Group’s performance was supported by consistent recurring income from its groundrent
infrastructure platform and other income-generating assets, alongside the steady
contribution of its core business verticals. The property segment which includes the ground-
rent infrastructure platform remained a key driver, underpinned by stable occupancy levels
and recurring income streams, while the Group’s manufacturing and contracting businesses
continued to perform steadily.
As of March 31, 2026, total assets grew to AED 23.43 billion, compared to AED 23.28 billion
as at 31 December 2025, while total equity increased to AED 15.39 billion, compared to AED
15.22 billion as at 31 December 2025, reflecting the continued strength of the Group’s asset
base and its focus on long-term value creation.
Khalid Bin Kalban, Vice Chairman and CEO of Dubai Investments, commented, “The
Group’s performance in the first quarter reflects the underlying strength and balance of its
business model, which continues to support consistent outcomes despite varying market
conditions. Dubai Investments has maintained a disciplined approach to asset allocation,
with a strong focus on income visibility and operational continuity across its core sectors.
This approach enables the Group to absorb market fluctuations while sustaining
performance, supported by a well-established base of recurring revenues and a diversified
mix of assets that continues to deliver across cycles.’’
Outlook
Building on its performance in the first quarter, Dubai Investments remains focused on
advancing growth across its core sectors, supported by disciplined execution and a
diversified portfolio of businesses. In the real estate sector, the Group continues to progress
its developments in line with planned execution schedules. Construction is advancing across
key projects, including Danah Bay on Al Marjan Island in Ras Al Khaimah, Violet Tower in
Jumeirah Village Circle and Asayel Avenue at Mirdif Hills, with handover activities underway
across completed components and further deliveries expected in line with planned timelines.
Beyond real estate, Dubai Investments continues to strengthen its portfolio across income-
generating assets, including healthcare, education and financial investments, aligned with its
focus on resilient, demand-driven sectors. Its manufacturing platform also remains an
integral contributor, supporting construction and infrastructure activity across key markets.
Supported by the resilience of the UAE economy and its strong financial position, Dubai
Investments remains well-positioned to navigate evolving market conditions while
maintaining its focus on sustainable growth and long-term value creation.

Dubai, May 09, 2026 : Mark & Save, one of the GCC’s fastest-growing value hyperstore chains, is set to open its 23rd
hyperstore in the region and 10th store in the UAE on Monday, May 11, 2026, in Dubai’s Muhaisnah.
The new opening forms part of Mark & Save’s ongoing regional expansion strategy, with six additional
hyperstores planned across the GCC over the next six months. The milestone reflects the brand’s
continued confidence in the UAE economy and its commitment to delivering quality, affordability, and
convenience to value-conscious shoppers across the region.
Spanning more than 150,000 square feet, the multi-level Muhaisnah hyperstore has been designed to
offer customers a spacious, convenient, and enhanced shopping experience. The store will serve the
growing nearby community and surrounding areas, providing customers with greater value across daily
essentials, including fresh fruits and vegetables, fish, meat, poultry, fast-moving consumer goods,
household essentials, electronics, bakery, hot food, fashion, and more.
The new hyperstore will feature more than 100,000 Stock Keeping Units (SKUs), catering to diverse
customer needs across multiple categories. To support its operations, the store has recruited
approximately 400+ professionals, further contributing to local employment and the retail sector.
“The expansion of Mark & Save demonstrates our confidence in the UAE economy and reinforces our
long-term commitment to the region. Our goal is to deliver greater value for every dirham spent by our
customers,” Debangshu Adhikari, Senior Vice President, Mark & Save, said.
“Mark & Save has shown that retailers can deliver a world-class shopping environment and customer
experience while remaining affordable. We offer customers an elevated retail experience without
compromising on value. Our customers are able to purchase more by spending the same amount
compared to many other retailers.”
Mark & Save’s continued growth is driven by its customer-centric approach, value-led pricing, and focus
on convenience. By listening closely to customers and responding to their evolving needs, the brand has
built a strong proposition that combines affordability with quality and an enjoyable shopping experience.
“Our customer-centric approach, combining value-driven pricing with an unmatched shopping experience,
continues to gain popularity among a growing number of consumers. Customers save more when they
shop at Mark & Save, and this has helped us increase customer acquisition while strengthening long-
term loyalty,” Adhikari added.

With more than 5,500 employees, Mark & Save continues to create memorable shopping experiences
while generating career opportunities across the region. Launched in 2022 as a value retail concept by
Western International Group, Mark & Save offers quality products at affordable prices under the promise
of “Affordable Luxury.”
“The Muhaisnah store marks another important milestone in Mark & Save’s growth journey. It reinforces
our commitment to delivering value, variety and convenience to our customers while contributing to the
local community and economy,” said Mohammed Fasil, Head of Operations at Mark & Save.
“To celebrate the grand opening, customers can look forward to exciting promotions, including special
discounts across key categories, Half Pay Back offers on fashion, and exclusive launch deals on fresh
food and grocery items and many more categories.
“Opening 23 stores is a significant achievement, particularly in today’s highly competitive retail
environment. This success is the result of strong teamwork, visionary leadership, meticulous planning,
and flawless execution,” Mohammed Fasil added.
Mark & Save is part of Western International Group, which operates one of the largest retail networks
across the GCC. The name “Mark” represents a benchmark for quality and savings, while “Save” reflects
the brand’s commitment to helping customers save every time they shop.
The brand currently operates large-format value retail stores across the UAE, Qatar, Oman, Kuwait, and
the Kingdom of Saudi Arabia, with several new stores under construction or in the final stages of site
selection across the GCC. Mark & Save has ambitious plans to expand its footprint globally, with a long-
term target of opening 100 by 2030.