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Business

UAE Leads Solar Energy Growth with Strategic Projects

A recent report has highlighted the UAE’s leadership in the regional solar energy sector, driven by key initiatives like the Dubai Clean Energy Strategy 2050, aiming for 75% clean energy by 2050, and Abu Dhabi Vision 2030, which targets 30% renewable energy in the next five years. The “Solar Outlook Report 2025,” launched by the Middle East Solar Industry Association (MESIA) at the World Future Energy Summit 2025 in Abu Dhabi, explores the rapid expansion of solar energy in the Middle East and North Africa (MENA) region, with the UAE playing a significant role in this shift.

Business

Dubai property sales surge 31%, analysts reveal forecasts

Dubai real estate analysts have projected growth for the sector for the remainder of the year, driven by rising prices and sales volumes. Elite Merit Real Estate forecasts ongoing expansion in the UAE market due to strong demand, a surge in new developments, and advanced technologies. Their analysis suggests a positive outlook for Dubai’s real estate in the 2024-2025 business year, with anticipated strong sales, increasing property values, and rapid absorption of new inventory expected to continue the growth trend.