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The United Arab Emirates’ non-oil economy continued to expand in May 2026, according to the latest S&P Global Purchasing Managers’ Index (PMI) data released on 3 June. This development is particularly significant because it comes at a time when businesses across the region are dealing with geopolitical tensions, shipping disruptions, and uncertainty in international trade. … Read more
Dubai’s real estate market, one of the world’s fastest-growing property markets in recent years, is showing signs of cooling in 2026. After a remarkable boom that saw residential property prices rise by nearly 60% between 2022 and early 2025, analysts are now reporting weaker demand, lower transaction volumes, and growing concerns among investors. What … Read more
Dubai has officially expanded its smart parking network by introducing new paid parking zones in the residential and commercial areas surrounding Dubai Silicon Oasis. The new system became operational on June 1, 2026, and is part of Dubai’s broader effort to create a fully digital, cashless parking experience for motorists. Under the new arrangement, … Read more
One of the biggest economic stories in the UAE this month is the sharp increase in fuel prices. The UAE Fuel Price Committee announced new rates for June 2026, with petrol prices rising by around 8%, pushing them to their highest levels in nearly four years. This increase affects millions of drivers across Dubai and … Read more
