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Home»Business & Economy»UAE Golden Visa boost, Abu Dhabi investment powerhouse; Dubizzle IPO; Dubai real estate analysis – 10 things you missed this week
Business & Economy

UAE Golden Visa boost, Abu Dhabi investment powerhouse; Dubizzle IPO; Dubai real estate analysis – 10 things you missed this week

Emirates InsightBy Emirates InsightOctober 18, 2025No Comments
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UAE expands Golden Visa benefits, IHC announces a $33bn mega merger, and Abu Dhabi goes fully digital — here are 10 stories you missed this week
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Abu Dhabi and Dubai accelerated their tech and investment agendas, while Saudi Arabia unveiled another mega project in Makkah. Golden Visa holders gained new global privileges, and the Gulf’s World Cup dreams came true once again.

Catch up with 10 top stories this week as selected by Arabian Business editors.

UAE residents visa eid al fitr

UAE announces major new Golden Visa benefits

UAE Golden Visa holders will now receive expanded global support and emergency assistance following the launch of a dedicated suite of consular services described as the first of its kind worldwide.

It marks a major expansion of privileges for the UAE’s long-term residents and their families.

The new services provide direct global assistance for Golden Visa holders and accompanying family members, offering:

  • Immediate passport replacement through an electronic Return Document in case of loss or damage while abroad
  • A dedicated hotline for direct communication with UAE officials
  • 24/7 emergency and crisis response via MoFA’s Call Centre at 0097124931133, ensuring round-the-clock support anywhere in the world
IHC Q1 2025 result
IHC’s total assets stood at AED416.6 billion (US$113.44 billion) as of 31 March 2025, compared to AED401.8 billion (US$109.4 billion) at the end of 2024. Image: Shutterstock

IHC unveils $33bn merger creating Abu Dhabi investment powerhouse

International Holding Company (IHC) has announced plans to merge its flagship portfolio companies — 2PointZero, Multiply Group, and Ghitha Holding — into a single, next-generation investment powerhouse valued at approximately AED120bn ($32.7bn).

IHC will list the new entity, 2PointZero Group, on the Abu Dhabi Securities Exchange (ADX), making it one of the capital’s largest publicly traded investment companies.

According to IHC, the merger will combine diversified investment platforms across energy and consumer sectors — two key drivers of regional and global growth — while accelerating competitiveness, efficiency, and long-term shareholder value.

Abu Dhabi real estate

Abu Dhabi unveils first fully digital real estate buy and sell journey

The Abu Dhabi Real Estate Centre (ADREC) launched the region’s first government-backed digital buy and sell journey, enabling buyers and sellers to complete end-to-end property transactions entirely online.

The initiative marks a major milestone in Abu Dhabi’s digital transformation, combining efficiency, security, and convenience in one integrated platform.

Buyers and sellers — whether in the emirate or abroad — can now complete the entire process remotely, without the need for physical paperwork or in-person visits. Through the platform, users can release and register mortgages, complete ADREC Trustee verification, digitally sign contracts, and settle escrow accounts, all within a single, compliant online system.

Al Qasimi palace in Ras Al Khaimah
Al Qasimi palace in Ras Al Khaimah. Image: Visit Ras Al Khaimah

‘Haunted’ palace for sale in Ras Al Khaimah

The abandoned Al Qasimi palace in Ras Al Khaimah, long operated as a ticketed tourist attraction and known for its haunted reputation, has been listed for sale at AED25m.

“Many people are intrigued by the legend and want to experience the palace themselves. It has become a part of what makes the place so well-known.” Josh Henrey, senior investment advisor at Bishop & Knight Real Estate said in an exclusive interview with Arabian Business.

Although he denies experiencing any supernatural occurrences himself, Henrey strongly believes that the property’s ‘haunted’ reputation will prove to be a marketing advantage rather than a deterrent.

dubizzle group

Dubizzle announces Dubai IPO with $100m Prosus investment

Dubai-based Dubizzle Group Holdings has announced its intention to proceed with an initial public offering (IPO) on the Dubai Financial Market (DFM), with Prosus committing a $100m investment as part of the offering.

The listing will see around 30.34 per cent of the company’s total issued share capital offered to investors through a combination of new and existing shares.

The move positions Dubizzle Group for accelerated growth, deeper regional expansion, and enhanced liquidity under Dubai’s fast-developing capital-markets ecosystem.

Saudi Qatar World Cup 2026 Iraq UAE football
Qatar and Saudi Arabia have secured qualification for the 2026 FIFA World Cup after decisive results in the Asian qualifiers

Qatar and Saudi Arabia qualify for 2026 FIFA World Cup

Qatar and Saudi Arabia have secured their places at the 2026 FIFA World Cup, following decisive results in the final round of the Asian qualifiers on Tuesday.

Both nations finished top of their respective groups to confirm automatic qualification for the tournament, which will be hosted across the United States, Canada, and Mexico next year.

With both Qatar and Saudi Arabia securing early advancement, the Gulf nations reaffirm their growing influence in Asian football and their ambitions to remain fixtures on the global stage.

GITEX TechCation 2026 Dubai
Sheikh Mohammed directs launch of GITEX TechCation 2026, set to become the world’s largest tech and AI event at Expo City Dubai

GITEX TechCation 2026: Dubai to host world’s largest tech and AI event

GITEX TechCation 2026 in Dubai will be developed into the world’s largest technology and artificial intelligence event, under the directives of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

King Salman Gate’s extensive urban and infrastructure transformation aims to improve access to AlMasjid AlHaram, enhance service quality, and enrich every visitor’s journey, aligning with the objectives of Saudi Arabia’s Pilgrim Experience Program under Vision 2030.

Running from December 7–11, 2026 at Expo City Dubai, the event will position Dubai and the UAE as a year-end global destination for innovation, investment, and lifestyle, uniting leading technology companies, startups, investors, and creators in an immersive, citywide celebration of innovation and creativity.

Dubai real estate espace
Dubai housing market recorded $37.6bn in Q3 2025 sales, up 18 per cent year-on-year, as off-plan deals dominate amid strong investor demand

Dubai property market hits $37.6bn in Q3 2025 as off-plan sales soar

The Dubai residential real estate market maintained its strong momentum in the third quarter of 2025, with total transaction values reaching AED138bn ($37.6bn), according Espace Real Estate data.

The quarter recorded 55,280 residential transactions, representing an 18 per cent year-on-year increase from the same period in 2024 — a performance that underscores Dubai’s ongoing market expansion and strong investor confidence.

John Lyons, Managing Director at Espace Real Estate, said: “In Q3 2025, the Dubai residential market continued to demonstrate strength and depth, reflecting solid investor confidence and growing long-term demand. While overall activity remains high, we are seeing a more mature market dynamic take shape, one that is increasingly driven by end-user demand.”

King Salman Gate Saudi Makkah
Prince Mohammed bin Salman launches King Salman Gate in Makkah — a 12 million sqm Saudi mixed-use project set to transform access to AlMasjid AlHaram

Saudi Arabia launches 12 million sqm King Salman Gate mega project in Makkah

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of the Board of Directors of RUA AlHaram AlMakki Company, has announced the launch of King Salman Gate, a transformative multi-use development in the Holy City of Makkah.

Spanning up to 12 million square metres of Gross Floor Area, the project sits adjacent to AlMasjid AlHaram and represents a major milestone in the ongoing development of Makkah’s central area. It aims to establish the city as a global benchmark in modern urban planning and enhance the overall experience for residents, pilgrims, and visitors.

King Salman Gate’s extensive urban and infrastructure transformation aims to improve access to AlMasjid AlHaram, enhance service quality, and enrich every visitor’s journey, aligning with the objectives of Saudi Arabia’s Pilgrim Experience Program under Vision 2030.

UAE personal status law

iDo: Abu Dhabi unveils digital marriage contracts – no paperwork, no visits

Couples in Abu Dhabi can now get married without paper forms or in-person visits.

A new AI-powered digital marriage-contract service on the TAMM platform now lets couples complete, certify, and authenticate their marriage contracts entirely online.

The Abu Dhabi Judicial Department (ADJD), in partnership with the Department of Government Enablement, unveiled the initiative during GITEX Global 2025 at the Abu Dhabi Government Pavilion.

It reflects the emirate’s drive to modernise public services and advance a seamless, people-centred digital ecosystem. The new service is part of Abu Dhabi’s broader digital-transformation strategy to make all key life events accessible through a single platform in the UAE.

Courtesy: link

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