Hello reader,

In today’s newsletter:

Discover the latest stories from Arabian Business, compiled by our editorial team. Here's what you missed on Thursday:

Qatar Airways has equipped 15 aircraft with SpaceX’s Starlink satellite internet system, surpassing its 2024 target of 12 installations. The airline plans to complete installations across its Boeing 777 fleet by the second quarter of 2025 and its Airbus A350 aircraft by summer 2025. As the largest carrier to offer Starlink’s satellite internet service, Qatar Airways provides gate-to-gate connectivity without requiring passenger login.

Meanwhile, the UAE has started 2025 with a series of new laws and regulations covering areas such as corporate governance and environmental protection. These measures aim to promote sustainable development and social progress across the nation.

On the real estate front, Bayut’s 2024 Annual Property Market Reports for Abu Dhabi highlight growth in residential sales, rentals, and off-plan developments. Al Reem Island remained the top choice for affordable apartments, while Al Ghadeer saw the highest price growth at 19.8 per cent. Baniyas experienced a 1.92 per cent price decline, presenting potential investment opportunities.

In Dubai, the emirate's property market remained active in 2024, with strong demand for luxury apartments. Developers behind the city’s most expensive residential sales have continued to draw attention, reflecting the emirate's position as a hub for high-value real estate transactions.

Moreover, the “Al Tay Hills” project in Sharjah has been announced by Kuwait Real Estate Company (AQARAT) and IFA Hotels and Resorts. The AED3.5bn ($953m) development spans over six million square feet and includes 1,100 villas and townhouses. It also features a 2.5km river and significant open spaces, catering to diverse client needs.

^{Until next time, Sharon Benjamin for Arabian Business}

THE LONGER READ:

Under the first phase of the agreement, 33 Israeli hostages – including all women, children, and men over 50 – will be released in exchange for Palestinian prisoners

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