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UAE Introduces 50% R&D Tax Credit to Boost Innovation and Diversify Economy
A major new tax incentive allowing up to 50% credits on research and development spending is set to reshape investment strategies across UAE businesses and attract innovation-driven capital.

Dubai Property Market Holds Strong With Dh11.9 Billion in Weekly Sales Despite Regional Tensions
Dubai’s real estate market continues to show resilience with billions of dirhams in property transactions even as regional geopolitical tensions create volatility in financial markets.

Dubai Stocks Rebound Nearly 2% as Investors Return to UAE Markets Despite Regional Tensions
UAE equity markets showed signs of recovery as Dubai’s main stock index jumped nearly 2%, marking the strongest daily gain in several weeks and signaling renewed investor confidence after recent geopolitical shocks.
Al Firdous Holdings PJSC (ALFIRDOUS)
Country of Origin: United Arab Emirates (U.A.E) Al Firdous (P.J.S.C) (formerly Manasek P.J.S.C) is a public joint stock company registered on 1 July 1998 in the Emirates of Dubai, United Arab Emirates, according to Ministerial Decree Number (106) for the year 1998, and which commenced its operations on 22 October 1998. On 31 September 2007, the company secured approval from Ministry of Economy to change its name from (Manasek P.J.S.C) to (Al Firdous Holding P.J.S.C). Up to 31 December 2008, the company operated as a group consisting of the company (the partner company) and Al Firdous Group Co Ltd for Hotels, a company established in the Kingdom of Saudi Arabia and involved in managing and operating hotels and restaurants in the Kingdom of Saudi Arabia and organizing Hajj and Umra trips.
Read more about Al Firdous Holdings PJSCDubai Financial Market PJSC (DFM)
Country of Origin: United Arab Emirates (U.A.E) Dubai Financial Market (DFM) – PJSC (the “Company”) is a Public Joint Stock Company incorporated in the Emirate of Dubai – United Arab Emirates, pursuant to decree No. 62 for the year 2007 issued by the Ministry of Economy on February 6, 2007, and is subject to the provision of the UAE, Federal Law No. 8 for the year 1984 and its amendments. The licensed activities of the company are trading in financial instruments, acting as commercial, industrial and agricultural holding and trust company, financial investment consultancy, and brokerage local and foreign shares and bonds. In accordance with its Articles of Association, the Company complies in all its activities, operations and formalities with the provisions of Islamic Shari’a and shall invest its entire fund in accordance with these provisions. The company’s shares are listed on the Dubai Financial Market (“DFM”). The company currently operates the Dubai Stock Exchange, related clearing house and carries out investment activities on its own behalf. The ultimate parent and controlling party is the Government of Dubai which owns 80% of DFM through Borse Dubai Limited (the “parent”), a Government of Dubai entity.
Read more about Dubai Financial Market PJSCUnion Coop (UNIONCOOP)
The Union Coop was established by virtue of the Ministerial Resolution No. 31/2 issued on May 24, 1982 by the Ministry of Labor and Social Affairs, in order to improve its members socially and economically, and serve the community in its region of operation. The COOP's main activities include establishing and managing hypermarkets and shopping centers in the United Arab Emirates. Union Coop is considered as one of the largest consumer cooperatives in the region with its (23) branches in addition to (4) shopping centers, that include retail chains under the brand name "COOP", which represents new concepts for shopping, as it includes (4) shopping outlets in addition to a branch store from the Mini Coop chain. Furthermore, Union Coop has implemented the concept of smart shopping in a number of its branches.Company's Activities are detailed in Listing Prospectus.
Read more about Union CoopEmirates Central Cooling Systems Corporation PJSC (EMPOWER)
Empower was established on 23 November 2003 as a corporate entity pursuant to Dubai Law No. (10) of 2003 (“Law No. 10”) and amended by Dubai Law No. (3) of 2010 (“Law No. 3”) and commenced commercial operations on 15 February 2004.On 14 October 2022, pursuant to Law No. 22 of 2022 (which repealed Decree No. 10 and any other legislation to the extent that it contradicts with its provisions) (“Law No. 22”), the Company was established in its current form, as a public joint stock company to succeed Emirates Central Cooling Systems Corporation. Company's Activities are detailed in AOA and Listing Prospectus.
Read more about Emirates Central Cooling Systems Corporation PJSC
UAE Sukuk Issuance and Market Softness Frame Cautious Financial Sentiment
In the latest UAE finance news from the past 24 hours, a major capital markets event and broader market pressures have emerged as key themes. Successful sukuk issuance by a leading developer and eased equity trading amid banking and real estate weakness are shaping investor perspectives across sectors.

UAE Markets Subdued as e& Reports Strong Profit Growth and Investors Weigh Geopolitical Risks
In the latest UAE finance news from the past 24 hours, key corporate earnings and market sentiment have emerged as focal points. Telecom and tech group e& posted a substantial increase in profit for 2025, while UAE equity markets saw modestly subdued trading amid cautious investor positioning ahead of geopolitical developments.

UAE Markets Weaken on Rising Middle East Tensions as Key Sectors Pull Back
In the past 24 hours, UAE financial markets have reacted to escalating geopolitical tensions in the Middle East, leading to broad declines across major equity benchmarks and varied sector performance. This shift is critical for businesses and retail investors navigating risk and opportunity amid changing market conditions.

Major UAE IPO Announcement Boosts ADX Activity and Investor Sentiment
In the latest UAE finance news since this morning’s digest, a major state-linked enterprise has announced plans to proceed with a significant IPO on the Abu Dhabi Securities Exchange (ADX), marking one of the most anticipated listings of the year and energising local capital markets.

UAE Residential Property Market Faces Softening as Supply Surges Ahead
In the latest UAE finance news since this morning’s digest, new data shows the residential real estate market in the UAE is expected to experience softer sales and mild price adjustments over the coming months as new supply rises sharply. This development has notable implications for businesses operating in property and for retail investors weighing exposure to real estate assets.

DEWA International Expands Global Energy Footprint
Dubai Electricity and Water Authority (DEWA) announces the launch of DEWA International, aiming to export its energy and water infrastructure model globally.

DFM Releases June 2026 Equity Futures Settlement Prices
Dubai Financial Market announces settlement prices for equity futures contracts expiring in June 2026, reflecting market trends and potential investment opportunities.

Emirates NBD Acquires 60% Stake in RBL Bank
Emirates NBD has successfully completed its acquisition of a 60% stake in India's RBL Bank, marking a significant strategic move in its international expansion.

Empower Expands Global Reach with IDEA Sponsorship
Empower enhances its global presence as a Diamond Sponsor at the IDEA 2026 Conference, emphasizing its leadership in district cooling.

DFM Launches New Oman Crude Oil Futures
Dubai Financial Market introduces new Oman Crude Oil Futures contract series, enhancing trading opportunities.

Empower Showcases Advanced Cooling Systems in Dubai
Empower hosts a meeting with building management companies to showcase its advanced district cooling systems in Dubai.

Al Ramz Capital Renews Liquidity Mandate with ADNOC
Al Ramz Capital has renewed its liquidity provider mandate with ADNOC Distribution, continuing its role in optimizing share trading.

Taaleem Holdings Board Meeting Scheduled for June 18
Taaleem Holdings PJSC announces its upcoming board meeting, focusing on routine business matters and future strategies.

BHM Capital Integrates with ADX for Enhanced Services
BHM Capital Financial Services integrates with ADX Managed Services, marking a significant step in their digital transformation journey.

GFH Financial Group Prepares for Q2 2026 Earnings Review
GFH Financial Group's Board Meeting to discuss Q2 2026 financial results and other internal matters.

Gulf Navigation Holding to Convene Board Meeting
Gulf Navigation Holding PJSC announces a virtual board meeting to discuss regular matters and new business.

SHUAA Capital Board Approves Key Resolutions
SHUAA Capital's Board of Directors has approved significant business-related resolutions, marking a pivotal moment for the UAE-based financial firm.

Gulf Navigation Holding Rebrands to Etihad Energy
Gulf Navigation Holding PJSC has officially rebranded to Etihad Energy Holding PJSC, marking a strategic shift in its corporate identity.

Emaar's AED 200B Vision to Transform Dubai
Emaar Properties unveils an ambitious AED 200 billion masterplan that promises to redefine urban living in Dubai.

Dubai Investments Renews Liquidity Pact with xCube
Dubai Investments PJSC has extended its liquidity agreement with xCube LLC, ensuring continued market stability and enhanced shareholder value.

Amlak Finance Appoints Financial Adviser for Strategic Review
Amlak Finance P.J.S.C has taken a significant step by appointing a financial adviser to explore strategic options for its future.

Empower and ASHRAE Unite for Cooling Standards
Empower collaborates with ASHRAE to enhance global district cooling standards.

Dubai Islamic Bank Raises $1B via Landmark Sukuk
Dubai Islamic Bank successfully issues a $1 billion Sukuk, highlighting investor confidence amid challenging conditions.
































