Business News from Monday, December 8th, 2025

UAE's economy leads growth in Gulf region in 2025: IMF

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), on Monday, said the UAE economy posted the best performance among GCC countries in 2025.
Nakheel awards contract for Palm Crown development on Palm Jumeirah

Nakheel, a member of Dubai Holding Real Estate, has awarded a AED400 million contract to Shapoorji Pallonji Mideast for the construction of 38 Crown Garden Villas, an exclusive collection of grand residences at Palm Crown on Palm Jumeirah.
DP World to develop strategic border facilities in Afghanistan

DP World has signed a landmark agreement with Afghanistan to develop and operate the country’s most important land border facilities at Torkham and Hairatan.

News

Rain hits parts of UAE: Dubai Police issues public safety SMS alerts
Several parts of the UAE have been hit with rainfall of varying intensities on Sunday morning, with the Dubai Police issuing public safety messages via SMS to urge residents to exercise caution.
UAE relief teams conclude humanitarian mission in Sri Lanka
The UAE Relief Team has departed Sri Lanka after completing its humanitarian mission, carried out in response to the severe impact of Cyclone Ditwah and the landslides that struck the country.
UAE, Serbia deepen ties with new political agreement
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, and Serbia’s Foreign Minister Marko Đurić, have agreed to deepen political coordination after signing a Memorandum of Understanding (MoU) during talks in Abu Dhabi.