Dubai unveils ‘floating museum’; UAE cuts fuel prices; Saudi Eyes Flying Eyes – 10 things you missed this week

Across the region, Saudi Giga projects have gained momentum with Neom’s Green Energy Factories and renewed GCC investment in Syria. At that time, UAE fuel prices fell, housing and warehouses set records, and the lines of the Global Cruise Course Addition Red Sea are commercial.

Catch up on the 10 biggest news stories this week as selected by Arabian business editors.

UAE fuel prices slashed in November 2025

The UAE has announced a cut in petrol and diesel prices by November 2025.

Gasoline prices fell across the board, after a period of stable prices.

Despite prices fluctuating throughout the year, it’s now slightly cheaper to fill up the tank than in previous years, with all categories becoming less expensive than 12 months ago.

New Mall in Dubai: Sustainable Villa Square to open in 2026

Dubai Real Estate Developer Keymavens has announced the launch of Villa Square, a new community space designed for retail and sustainable living.

The project combines energy- and water-technology and advanced waste management systems, supporting the economic goals of the Emirate and strengthening Dubai’s position as a regional leader in regional development.

Villa Square will feature over 124,000SQ FT Built-in Area and is designed to strike a balance between convenience and a boutique experience.

Sheikh Mohammed unveiled a Surreal Dubai Museum of Art that appears to be floating on water

His trick was Sheikh Mohammed Bin Rashid Al Mashid Al Maktoum, Vice President and Prime Minister of UAAI and governor of Dubai Museum of Art (Duma), a project to be built by Al-Futtaim Group.

Sheikh Mohammed updated the unique design of the Museum by suing the Japanese Architect Tadao Ando, ​​known for his use of light, spaces and geum, and the duma will not be there. The five-storey building will be seen floating in the Dubai Creek.

His Highness said: “Culture and art are the soul of the city and the lens through which its progress, promotes its perception of events. The economy. This new cultural term promotes our strategic goal of placing Dubai as a global hub of cultural and cultural innovation, and cakes its place today”.

Exception: Aviation maturity in advanced negotiations to bring air taxis to Saudi Arabia

Umer Accher Accher Accher in “deep” discussions is in Saudi discussions with Giga-Projects to launch its travel services in the Kingdom and in the large Gulf Goldstein family.

“We are looking at the whole GCC … I think you will see flights here in Saudi before long,” Goldstein told Arabian businesses on the sidelines of the upcoming investment program in Riyadh.

He said the missile “has been talking to the Saudis for a long time” and is working with regulators to “set the framework, set the rules, and then create an implementation mechanism.”

Aldar to invest $1bn in Abu Dhabi Residence, commercial, property development

The Abu Dhabi-based developer has announced plans to open a series of development projects across the emirates, with a combined development value of AED3.8bn ($1bn).

The projects span the residential, commercial and property sectors and bring Aldar’s development pipeline to a total of AED17.6bn ($4.88NN).

Jassem Salah Basah, Chief Executive Officer of Aldar Investment said: “The latest investment reflects the strong demand we are seeing for the different abu drates of AAE while responding to the client’s needs for professionals Managed retail, accommodation, facilities, hospitality, hospitality, retail and education.”

Dubai to launch a new financial center powerhouse of Fintech and the growth of digital assets

The Dubai Multi Commodities Center (DMCC) has announced plans to build a new financial center in its business district.

The new center will focus on commercial finance, Fintech Innovation and digital asset solutions, DMCC’s DMCC’s position as a rust global hub connecting traditional and digital finance.

The announcement builds on the latest launch of DMCC’s Wealth Hub, which focuses on family offices and private equity. Together, these initiatives represent the next phase in DMCC’s transformation from a commando powerhouse to a diversified financial ecosystem.

Syria attracts $28bn in new investment as UAE, Saudis and Qatar drive regional projects

Syria has secured about $28bn in new investments for the first half of 2025, with the main participation of companies based in the UAE, Saudi Arabia, according to the President of Syria Ahmed Al-Sharaa.

Speaking at a panel discussion during the ninth program of the Investment Investment Onitiative (FII) in Riyadh, said the President of Al-Sharaa in Major Saudi, while leading Qatari firms working in areas of $ 7bn, where energy projects of 5,000 megawatts are underway. He also described the influx as a sign of renewed regional engagement with Syria, which he says is now an important pillar of stability in the Middle East.

President Al-Sharaa emphasized that Syria now enjoys strong relations with the UAE, Saudi Arabia, Qatar, and Türkiye, to sign a new era of economic and political recovery. He also pointed out that the involvement of the UAE and Saudi Arabia in major projects shows the confidence of long-term investors, with new cooperation focused on infrastructure, aviation, and energy – sectors that are very important for the renewal of the East.

Exclusive: Global cruise lines steer clear of Saudi ports until late 2027 amid red sea tensions – Cruise Savings CEO

International cruise lines are likely to resume normal Aadings in Saudi Arabia before the security season due to security concerns and the lifting of the boat is associated with the difficulties of the area in REP, Cruise Saudi connected to the Arabian business.

“We are still surrounded by the geopolitical situation, and many international lines have turned their cruise ships back,” Clasen told the Arabian business on the sidelines of the future language in Riyadh. “There are very few calls from time to time from passing ships. There is no seasonal shipping except for us.”

A senior official said most international operators have removed the Red Sea and Gulf routes from their trips following tensions in the region and are not expected to return in the near term.

UAE Real Estate Market Q3 as office occupancy hits 94% and $38bn Dubai Sales Slowdown

The UAE Real Estate Market continued strong growth in the third quarter of 2025, with strong performance across the commercial, residential, hospitality, and industrial sectors, as well as the industrial sectors, according to CBRE Middle East Real East Real East Real East Real Estrown

Despite limited new supply, the market has shown resilience amid foreign direct investment, non-oil growth, and record tourism numbers, positioning the UAE as one of the world’s most stable and competitive economies.

CRBE noted that the GDP of the UAE is projected to increase by 4.9 percent in the year 2025, supported by strong oil production and 44.2 percent in September, showing continued confidence and investors. The Dubai Rewards sector recorded 56,723 transactions worth AED139.8bn ($38.1bn) in Q3 – up 16 per cent year-on-year. Off-Plan sales were managed, accounting for 75 percent of all deals, while prices increased by 12.9 percent.

Oxagon to start building solar and wind factories by 2026 to create ‘thousands’ of jobs in Neom, says Ceo

Saudi Arabia’s Oxagon, an industrial city within Neom, will begin construction of large-scale manufacturing facilities in 2026, said Vishal Wanchoo of Vishal Wanchoo will create thousands of jobs and Mark Neom First Industries.

“When I talk about the oxagon, the reason we are creating the oxagon is to create economic growth,” WachchOo told Arabian businesses at Tiyady Investment Staditive (FII) in Riyadh.

“All the companies we bring to are the creators of Jobe. This is really the first kind, I was saying, to create job opportunities in Neom and what these companies have brought.”