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Month: May 2026

Posted on 16/05/2026

UAE and India sign energy, AI and defence agreements as Emirates NBD invests $3bn

The UAE and India signed new energy, AI and defence agreements as Emirates NBD announced a $3bn investment in India …

Posted on 16/05/2026

India, UAE finalise defence, energy and shipping pacts worth $5 billion during Modi’s Abu Dhabi visit

PM Modi described the agreements between the two sides as pivotal for vital sectors and said they will boost the bilateral comprehensive strategic partnership.

Posted on 16/05/2026

Explainer: Why India’s gold duty hike could boost UAE jewellery sales

The tariff increase also follows PM Narendra Modi’s unusual public appeal urging Indians to defer discretionary gold purchases for at least a year …

Posted on 16/05/2026

Abu Dhabi signs new infrastructure and digital governance agreements at ADIS 2026

Abu Dhabi signed new infrastructure and digital governance agreements at ADIS 2026 to accelerate project approvals and services …

Posted on 16/05/2026

Cerebras Raises $5.55 Billion in AI Chip IPO, But 86% Revenue Dependence on UAE Entities Unresolved

Cerebras Systems, a Silicon Valley AI chipmaker whose first IPO attempt collapsed under federal security scrutiny eighteen months ago, raised $5.55 billion on Nasdaq on Thursday after pricing 30 …

Posted on 16/05/2026

6 important new laws coming to Dubai that could affect you

Dubai is constantly changing. There is never a dull day in the emirate and as we say hello to 2026, we’re also preparing for a whole host of new laws to be introduced.

Posted on 16/05/2026

Dubai launches major citywide blockchain and Web3 event

Dubai launches MENA Blockchain Week, bringing together 40+ events, 5,000 attendees and 100+ speakers across the city …

Posted on 16/05/2026

Over 160,000 Golden Visas issued to families in Dubai, authority says

The figures that cover permits issued from 2021 through the first quarter of 2026, show sustained growth in Golden Visa family residency permits …

Posted on 16/05/2026

MAGNiTT publishes 2023 Emerging Venture Markets Report

Fintech investment led the way despite the “Crypto Crash” while Emerging Venture Markets continued to mimic the global VC landscape MAGNiTT predicts correction in valuations will present significant M …

Posted on 16/05/2026

Bybit Launches BTC Pizza Day Promotion for Bybit Card Holders

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has launched a special BTC Pizza Day campaign that gives eligible users the chance to receive a 20 USDT reimbursement after …

Posted on 16/05/2026

Radisson opens new 537-room hotel in Dubai

The new hotel offers five dining venues, and extensive meeting and leisure facilities.

Posted on 16/05/2026

UAE plans second oil pipeline to bypass Strait of Hormuz

The United Arab Emirates is planning to fast-track construction of a west-east pipeline that would bypass the Strait of Hormuz, opening in 2027.

Posted on 16/05/2026

UAE announces $5-billion investment in India as PM Modi visits Abu Dhabi

Prime Minister Narendra Modi reaffirms solidarity with the UAE, and pushes for an open Strait of Hormuz on the first leg of a five-nation tour.

Posted on 15/05/2026

Dubai to launch drone deliveries at beaches and parks later this year

Dubai will launch drone delivery services at selected parks and beaches later this year under a new smart mobility partnership with Keeta Drone …

Posted on 15/05/2026

Abu Dhabi’s Mubadala Raises Bitcoin ETF Stake 16% to $566 Million in Q1 2026

Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has raised its position in BlackRock’s iShares Bitcoin Trust (IBIT), reporting ownership of 14,721,917 shares valued at $565,616,051 as of …

Posted on 15/05/2026

UAE made failed attempt to get Saudi Arabia, Qatar to jointly attack Iran: Report

The UAE made a failed bid to convince Saudi Arabia and Qatar to launch a joint military response to Iran’s attacks on the Gulf, Bloomberg reported on Friday. UAE President Mohamed bin Zayed held a …

Posted on 15/05/2026

UAE to accelerate new oil pipeline project to expand ability to bypass Hormuz

The UAE and Saudi Arabia are the only Gulf producers with pipelines that export crude outside the Strait of Hormuz, while Oman has a long coastline on the Gulf of Oman.

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