Business from Thursday, October 8th, 2026

Nakheel, a member of Dubai Holding Real Estate, has awarded Mar Marine & Building Contracting LLC a contract for marine and beach works on Island B at Dubai Islands.

The UAE and Thailand have concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), after non-oil trade between the two countries reached $12.3 billion (AED 45.17 billion) in 2025.

The International Monetary Fund has reached a staff-level agreement with Pakistan on reviews of some of its lending programs, potentially unlocking about $1.21 billion in financing pending board approval, the fund said on Wednesday.