Connect with us

Business

Beyond Downtown: Dubai’s upcoming mall will be 3 times bigger; here’s what we know

Published

on

Spread the love

Dubai is gearing up for one of its most ambitious retail projects yet, and it’s absolutely massive. Emaar’s upcoming Dubai Square Mall at Dubai Creek Harbour is set to be three times the size of Downtown Dubai, cementing its place as one of the region’s biggest shopping and entertainment giants. 

Backed by a Dh180 billion investment, the project is expected to open in three years and is already being called a game-changer for Dubai’s retail future.

Emaar announced the Dubai Square project earlier this year, positioning it as a next-generation destination where residential, retail, dining, entertainment and lifestyle experiences all come together under one address. At the heart of it is the Dubai Square Mall, a tech-forward, eco-friendly retail hub designed to feel more like a futuristic city than a conventional shopping centre.

A mall designed for the future

Emaar founder Mohamed Alabbar revealed that the mall will go big on sustainability and technology. With Dubai’s EV ownership rapidly rising, the new mall will feature dedicated electric vehicle facilities, ensuring a smooth, modern and planet-friendly experience for visitors.

One of the mall’s standout features?
It will operate as a drive-through mall, aligning with Dubai’s push for smart, green and ultra-convenient infrastructure.

Future tech

Dubai Square Mall will use Artificial Intelligence to enhance the shopping journey, from personalised recommendations to seamless navigation and smarter retail services. Think of it as a mall that gets to know what you like before you even walk in. The mall will also integrate dedicated EV facilities and smart-drive design features.

Immersive design, inside and out

The mall’s architecture leans heavily into light, openness and immersive visuals. Expect:

  • Striking skylights
  • High-tech LED installations
  • Glazed roofing and expansive glass windows
  • Vast landscapes and greenery woven throughout

The result? A bright, airy, modern space that blends indoor and outdoor vibes, very much in line with Dubai’s evolving design language.

Emaar is already the name behind Dubai’s most iconic retail destinations, and Dubai Square Mall is set to add a whole new chapter to that lineup, bigger, smarter and more forward-thinking than anything the developer has done before.

With over 35 years of experience in journalism, copywriting, and PR, Michael Gomes is a seasoned media professional deeply rooted in the UAE’s print and digital landscape.

Business

UAE launches new digital platform to manage federal government real estate

Published

on

Spread the love

The UAE Ministry of Finance has launched a new digital system to centralise and manage data on all federally owned real estate, marking another step in the country’s push to modernise public asset management and strengthen governance.

The platform, known as the Federal Government Real Estate Assets Platform, will act as a unified electronic registry for federal government properties. It is designed to document, update and classify real estate data, while linking assets directly to financial and operational systems across the federal government.

The ministry said the launch fulfils the requirements of Article 18 of Federal Decree-Law No. 35 of 2023 on Union-Owned Properties, which mandates the creation of a federal electronic registry for government real estate.

Supporting digital transformation

Younis Haji AlKhoori, Undersecretary at the Ministry of Finance, said the platform is designed to strengthen regulation, governance and oversight of federal real estate assets, while supporting the UAE government’s wider digital transformation agenda.

By automating real estate-related processes, the system aims to improve data accuracy and provide better insights for policymaking, planning and long-term asset management.

Federal entities can use the platform to register and update property data under standardised classifications, manage leasable spaces, and submit real estate-related requests through automated workflows. These include inspections, transfers, sales, demolitions and structural changes to properties.

The platform also integrates with other federal systems to ensure records remain up to date, while generating reports and performance indicators to support evidence-based decision-making.

Linking real estate and financial data

Mariam Mohamed Al Amiri said the platform was developed to unify real estate data across federal bodies and connect it directly to financial and operational procedures, helping improve planning, expenditure control and transparency.

The system records both financial and non-financial data, including property values, depreciation, operating costs, location, condition and technical specifications. It also stores digital documents such as architectural drawings, site maps and contracts.

A new four-tier classification structure, covering sites, buildings, floors and individual units, standardises how government real estate is recorded and enables faster access to information.

From paper to digital

According to the ministry, the platform replaces paper-based procedures with a fully digital framework that supports real-time tracking, automated approvals and structured lease management, including contract creation, amendments and terminations.

Officials said the move will improve the efficiency of federal real estate use, enhance governance and support long-term planning of government-owned properties as part of the UAE’s broader digital government strategy.

Continue Reading

Business

Middle East set to attract over $100bn a year in energy, healthcare and digital investment by 2026

Published

on

Spread the love

The Middle East is on track to attract more than $100 billion (Dh370 billion) a year in major investments by 2026, spanning energy, renewables, healthcare, digital infrastructure and manufacturing, according to a new industry outlook by Grand View Research (GVR).

Despite the global shift towards cleaner energy, the region, led by the UAE and Saudi Arabia, is expected to remain a global powerhouse in oil and gas, while rapidly scaling renewable energy, digital transformation and healthcare innovation.

Oil and gas remain central, with a tech-driven twist

The UAE and its Gulf neighbours currently account for around 30 per cent of global oil production and 17–18 per cent of gas output, cementing the region’s role as a key energy supplier.

While global oil demand growth is expected to remain modest through 2026, gas demand is forecast to rise by around 3.5 per cent, driven by power generation, industrial expansion and LNG exports.

“The Middle East’s oil and gas sector remains a market anchor, but technology adoption and LNG expansion will define competitiveness over the next few years,” said Swayam Dash, Managing Director at Grand View Research.

Across the UAE, producers are increasingly deploying AI, IoT, drones and robotics to cut costs and improve operational efficiency, alongside investments in carbon capture, storage and early-stage hydrogen projects under the UAE Energy Strategy 2050.

Renewables and battery storage gain pace

Renewable energy is expanding rapidly across the Gulf, with falling solar auction prices making clean energy increasingly competitive. Both the UAE and Saudi Arabia are mandating battery storage alongside new solar and wind projects, helping stabilise power grids as renewable capacity grows.

Dubai has announced plans for multi-gigawatt renewable additions by 2030, while Saudi Arabia continues to roll out large-scale solar and hydrogen projects under Vision 2030.

Healthcare becomes an economic growth engine

Healthcare is also emerging as a strategic investment sector. In 2023, Dubai welcomed more than 690,000 medical tourists, generating over Dh1 billion in healthcare revenue and boosting related sectors such as hospitality and travel.

The UAE’s National Digital Health Strategy, which integrates platforms like Riayati, Malaffi and Nabidh, has consolidated more than 1.9 billion medical records across 3,000 facilities, positioning the country as a regional leader in digital healthcare.

Data centres, cloud and advanced manufacturing

Digital infrastructure is another major growth driver. The GCC data centre market is expected to grow at around 13 per cent annually through 2030, with the UAE and Saudi Arabia accounting for up to 70 per cent of new capacity.

Cloud adoption is accelerating too, with nearly 75 per cent of organisations expected to rely mainly on cloud platforms by 2026, boosting demand for cybersecurity, AI and enterprise digital tools.

By 2026, GVR expects the region’s economy to reflect balanced diversification, combining energy leadership with rapid growth in renewables, healthcare, digital systems and advanced manufacturing.

“The scale of investment shows how the Middle East is shifting from resource reliance to technology-enabled growth,” Dash said.


Continue Reading

Automobile

Abu Dhabi unveils $2bn Global Water Platform targeting 10 million beneficiaries

Published

on

Spread the love

Abu Dhabi has launched a $2 billion Global Water Platform aimed at strengthening water and food security in developing countries and expanding access to clean and safe water worldwide.

Developed by the Abu Dhabi Fund for Development (ADFD), the initiative will support high-impact water projects while championing innovative technologies and sustainable solutions for water resource management.

Goal to reach 10 million beneficiaries

The platform plans to mobilise $2 billion (Dh7.34 billion) in funding from local and international financing institutions. Its first phase will allocate $1 billion (Dh3.67 billion) over five years, from 2026 to 2030, to reach around 10 million beneficiaries globally.

The initiative aligns with the UN Sustainable Development Goal 6, which focuses on ensuring universal access to clean water and sanitation while promoting inclusive and resilient development.

Mohamed Saif Al Suwaidi, Director-General of ADFD, called on local and international partners to collaborate through joint financing, strategic partnerships and knowledge exchange to accelerate solutions that enhance water security and empower developing nations.

Fatima Ateeq Al Mazrouei, Support Services Department Director at ADFD, said the initiative will also finance innovative programmes, support scientific research and youth-led initiatives, and organise awareness campaigns focused on water-related challenges.

Why it matters to investors

  • Defensive, long-term asset class: Water infrastructure and security projects offer stable, long-duration returns backed by essential demand and government support.
  • $2bn capital mobilisation opportunity: Abu Dhabi’s platform signals a sizeable pipeline of bankable projects, co-financing opportunities and public-private partnerships across developing markets.
  • Climate-resilient growth sector: Rising water scarcity, population growth and climate pressure are driving sustained global investment into water, sanitation and food security solutions.
  • Policy-aligned investment: The platform aligns with UN SDG 6, increasing eligibility for development finance, blended capital structures and ESG-focused funds.
  • Innovation upside: Focus on pioneering technologies and scalable solutions opens opportunities for investors in water tech, infrastructure, data, desalination and resource management.
  • Strong sovereign backing: Led by the Abu Dhabi Fund for Development, the initiative benefits from institutional credibility, risk mitigation and long-term policy commitment.

Continue Reading

Popular

© Copyright 2025 HEADLINE. All rights reserved

https://headline.ae/