Author: Stuart

Business & Finance Editor, Dubai Week 📍 Based in Dubai — With over a decade of experience dissecting global markets, fiscal policy, and corporate strategy, Stuart Wagner leads the finance desk at Dubai Week, delivering in‑depth analysis tailored to UAE and GCC audiences.

Between 1st March and 15th April, 1,813 luxury property transactions worth more than AED5 million closed in Dubai—a 59.7% jump in volume compared to the same period last year. The total value hit AED25.04 billion. That growth came despite ongoing uncertainty across the wider Middle East region, and it wasn’t confined to one narrow slice of the market. According to data from DXBinteract, three separate price brackets—from AED5 million up to AED100 million—all posted double-digit gains in both transaction counts and total value during the six-week window. The sharpest acceleration occurred in the AED5-10 million segment. Sales value more than…

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The financial needs of people change over time. Someone who is just starting out in their career has very different financial needs than someone who is getting close to retirement or who has to take care of someone else. But a lot of workplace financial wellness programs see all of their employees as one big group. When financial wellness at work is like real life, it works best. Supporting employees through all stages of life, starting a career, building a family, changing jobs in the middle of their careers, and planning for retirement, makes employees and employers more engaged, more…

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Baucor has added new CNC tools and industrial blades to its product range, available to customers across Europe and in international markets. The company produces precision cutting tools for manufacturers who need tooling that holds its performance across long production runs. The new products cover a wider set of cutting tasks, including applications where heat build-up, tool wear, and chip evacuation have caused problems with standard tooling. Baucor works through each application with the customer, specifying the right carbide grade, coating system, and cutting geometry before the tool goes into production. This reduces the number of tool changes per shift…

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Ethnosports 2027 has been introduced as an international organisation built to bring traditional sports into regular global competition. The organisation was announced at the 8th Ethnosport Forum, which took place in Antalya from 3 to 5 April 2026. At the heart of the initiative is a rotating global event in which athletes from different countries compete in traditional sporting disciplines. The event changes host nation with each edition, which gives the competition a wide geographic spread and allows more countries to shape how the event develops over time. The Forum in Antalya provided the first public platform for the initiative.…

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Foodist Istanbul will open its doors to food industry professionals from across the globe at the TĂĽyap Fair and Congress Center in September 2026. The exhibition runs from 1 to 4 September 2026 at the TĂĽyap Fair and Congress Center in Istanbul. TĂĽyap Fairs and Exhibitions Organization Inc., working with ALZ Fair, organises the event. It brings global buyers, manufacturers, exporters and industry leaders together under one roof. The exhibition gives TĂĽrkiye’s food industry a platform to reach international buyers while supporting trade across several markets. “As international demand for food products continues to expand, Foodist Istanbul is strengthening its…

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The workshop question seemed straightforward enough: name words that rhyme with ‘ball’. Responses flooded in. “Tall,” “wall,” and “fall” appeared as expected. Then came the curveball—not one but several students typed “LOL” into the chat. Purva Grover laughed. Of course they did. The moment crystallised something educators across the UAE have been grappling with as classrooms shift online yet again: children speak digital now, fluently and instinctively, borrowing from the vocabulary that surrounds them daily. In creative thinking classes, Grover reasoned, there are no incorrect answers. The students scored high on imagination, even if their phonetics needed work. You can’t…

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Four waterfront mansions priced up to AED363 million have found buyers at The Ritz-Carlton Residences at Keturah Resort, where wellness certification matters more than gold-plated taps. The sales, alongside 110 luxury apartments, signal a shift in what Dubai’s wealthiest buyers actually want from a home. Not just space. Not just marina access. But circadian lighting systems, air purification, and 20,000 flamingos as neighbours. Keturah Resort sits on the shores of Dubai Creek, adjacent to the Ras Al Khor Wildlife Sanctuary. It’s the Middle East’s first fully wellness-certified resort, a distinction that appears to be worth a significant premium. Construction continued…

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March 2026 broke records that caught the market off guard. BHM Capital opened more trading accounts that month than it had in January and February combined, capping a first quarter in which the Dubai-based brokerage captured 43% of all new investor accounts across Abu Dhabi’s exchange and 41% in Dubai. The numbers tell a story of dominance. Between January and March, BHM Capital opened 8,280 new accounts on the Abu Dhabi Securities Exchange out of 19,467 opened market-wide. On the Dubai Financial Market, the firm added 10,204 accounts from a total of 24,820. That’s 18,484 new clients in three months—a…

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A German blockchain infrastructure provider arrived in Abu Dhabi in recent weeks, joining a queue of fintech platforms and fund managers setting up regional operations. The company needed clarity on licensing across multiple jurisdictions. It found it. Since January 2026, financial services and adjacent sectors have accounted for 19.32% of total client leads in the UAE, according to data from Sovereign PPG Corporate Services. That’s nearly one in five inquiries. Fund managers, fintech platforms, SPV structures, and holding companies dominate the pipeline, clustering around Abu Dhabi Global Market (ADGM) and Dubai International Financial Centre (DIFC). The numbers tell part of…

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