Business & Investments

The visit to the Sultanate of Oman included also a meeting with Sohar Industrial City

Dubai Chambers advances trade cooperation in meetings with Oman Chamber’s North Al Batinah Branch and SOHAR Port and Freezone

  • H.E. Mohammad Ali Rashed Lootah: “We are working to strengthen collaboration with the Sultanate of Oman to facilitate the smooth flow of bilateral trade and enhance logistics connectivity, opening new avenues for economic cooperation and reinforcing economic ties.”
  • The delegation met with the Oman Chamber of Commerce and Industry branch in Al Batinah North Governorate to enhance bilateral cooperation mechanisms across priority sectors.
  • The delegation visited SOHAR Port and Freezone and Sohar Industrial City (Madayn) to explore ways to improve the flow of goods, enhance supply chain resilience, and strengthen logistics integration between Dubai and Sohar.

Dubai, UAE – Dubai Chambers explored ways to strengthen the resilience of bilateral trade flows with the Sultanate of Oman during a visit today by a delegation led by H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, to Sohar in Oman’s Al Batinah North Governorate.

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Real Estate

Abu Dhabi Real Estate Transactions Surge 160.7% in Q1 2026

Abu Dhabi Real Estate Centre reports 160.7% growth in transactions to AED 66 billion in Q1 2026, the highest quarterly performance on record

  • Total transactions reached AED 66 billion across 13,518 transactions
  • Sales and purchases drove the majority of activity, totalling AED 50.97 billion (up 228.6%), while mortgage transactions reached AED 15.03 billion (up 53.4%).
  • Development activity continued to expand, with 16 new projects registered
  • Hudayriyat Island emerged as the top-performing area with AED 11.97 billion in transactions, followed by Reem Island (AED 9.45 billion) and Saadiyat Island (AED 8.8 billion).
  • Strong demand continues to outpace supply, emphasising the market strength
  • Foreign direct investment saw growth of 423%, reaching AED 8.27 billion from investors representing 99 nationalities, equivalent to the total FDI recorded throughout all of 2025.

Abu Dhabi, UAE – 7 April 2026: The Abu Dhabi Real Estate Centre (ADREC) the custodian and regulator of the Abu Dhabi’s real estate sector, has reported that total transaction value reached AED 66 billion representing a 160.7% increase across 13,518 deals in the first quarter of 2026 in the emirate, compared to AED 25.31 billion from 6,896 transactions in the same period of 2025.

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Business & Investments

Dubai Chamber Roundtable: Strengthening Gold and Jewellery Sector

Dubai Chamber of Commerce hosts roundtable with more than 70 gold and jewellery sector leaders to enhance its resilience

  • H.E. Mohammad Ali Rashed Lootah: “We are committed to developing an integrated ecosystem that supports the smooth and efficient flow of commercial and operational activities through strong public-private partnerships and close coordination with all relevant stakeholders.”

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, recently organised a roundtable discussion attended by more than 70 business leaders from member companies of the Dubai Jewellery Group. The meeting focused on reviewing the latest developments, enhancing the sector’s agility, and strengthening its resilience amid current regional and international market conditions.

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Technologies

Study: Only 11% of banks have cracked the code on trustworthy AI

Even as AI spending surges, few banks have established the necessary governance and guardrails – and nearly half misjudge their own AI readiness

Dubai, United Arab Emirates, 7 April 2026 – In banking, trust isn’t optional – it’s everything. Yet, even as banks accelerate AI investment faster than other sectors, most are deploying AI without the oversight and infrastructure needed to earn that trust. That’s the central tension revealed in new banking insights from SAS’ Data and AI Impact Report: The Trust Imperative, with research insights by IDC.

Michel Ghorayeb, Managing Director at SAS, UAE

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Technologies

Enhancing Cyber Resilience with Microsoft and Commvault Integrations

Integrations with Microsoft Sentinel and Microsoft Security Copilot Designed to Strengthen Customers’ Cyber Resilience Across the GCC

Dubai, United Arab Emirates, April 07, 2026: Commvault (NASDAQ: CVLT), a leader in unified resilience at enterprise scale, today announced an expanded integration with Microsoft Security to better connect threat detection with trusted recovery. The new integration uses Microsoft Sentinel, Microsoft Security Copilot, and the Commvault Cloud platform to streamline resilience operations (ResOps) and enable real-time data insights, helping organizations move quickly from identifying a threat to validating and restoring clean data faster with greater confidence.

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