An increasing number of affluent UAE residents are applying for fast-track US residency, including via high-investment programs like the “Trump Gold Card” (~$5M path). Despite strong interest, applicants face mounting hurdles—high costs, lengthy delays, and complex visa rules. Source: gulfnews.com
Rising Interest in US Residency Among UAE Expats Read More »
While average prime office rental rates in Dubai climbed ~36% year-on-year in Q2, growth has stabilized. Nearly half of submarkets saw no increase compared to the previous quarter, indicating a softening after a period of rapid escalation. Source: gulfnews.com
Dubai Office Rents Plateau as Demand Adjusts Read More »
Sovereign wealth funds across the Middle East are shifting toward private credit, government/corporate bonds, and raising exposure to China and tech sectors. Direct investment in digital assets is gradually increasing—with ~22% of these funds now holding crypto—though caution prevails due to volatility. Source: gulfnews.com
Middle East Sovereign Funds Rebalance Strategy Read More »
Gulf stock markets are holding steady as robust Q2 earnings from major banks (Saudi National Bank, Al Rajhi) balance concerns over possible US tariffs on the EU. Saudi Arabia’s index advanced ~0.2%, while Dubai saw a slight retreat after profit-taking; Qatari banks also performed well. Source: reuters.com
Gulf Stocks Stabilize Amid Strong Earnings Read More »
Abu Dhabi has become the first city in the UAE to let residents pay court fees using cryptocurrency—specifically the newly launched “AE Coin”, processed via Al Maryah Bank’s blockchain infrastructure. This marks a notable step in integrating digital assets into official government services. Source: The Times of India
Abu Dhabi Introduces Crypto Payments for Court Fees Read More »