Business from Tuesday, January 20th, 2026

The UAE's Tawazun Council for Defence Enablement has announced new defence contracts worth nearly AED 880 million on the opening day of UMEX and SimTEX 2026 exhibitions in Abu Dhabi.

Dubai Holding, through its subsidiary Dubai Holding Hospitality, has acquired the five-star Jumeirah Mallorca in Port de Sóller, Spain, from Deka Immobilien.