Rain fell across parts of Abu Dhabi and Dubai on Wednesday morning as the country gears up for more unsettled conditions and a drop in temperatures during the winter season.Residents woke up to leaden …
Mastercard Economics Institute predicts 5% GDP growth for the UAE
Consumer spending to rise by 4.3%; Consumer price inflation to reach 2.3%; Migration leading to rise in remittances; Women in the workforce growing …
Space42 scores US$5.1b UAE govt contract that will also fund new satellites
UAE-based satellite operator Space42 announced on Tuesday it has signed a new AED18.7 billion (US$5.1 billion) contract with the UAE government to provide satellite services until 2043, which will …
UAE’s Falcon 3 challenges open-source leaders amid surging demand for small AI models
The UAE-backed institute has released Falcon 3 in four different sizes with the goal of democratizing access to advanced AI capabilities.
Four contractors sign long-term offshore framework deals with Middle East state giant
Agreement offered by Adnoc expected to last five years and includes delivery of dozens of offshore WHTs to be offered exclusively for bidding to the four players …
“We Got Funded!” UAE-Based Wafeq Raises a US$7.5 Million Series A Funding Round to Offer its Digitized Accounting Tools to MENA SMEs
Wafeq offers a cloud-based platform that automates manual processes, integrates directly with local banks, and stays updated with regional compliance requirements.
Dubai unveils its comprehensive 2025 retail calendar
DUBAI: Dubai Festivals and Retail Establishment (DFRE), part of the Dubai Department of Economy and Tourism (DET), unveiled its 2025 Retail Calendar on Tuesday, according to a press statement issued …
UAE, Saudi drive Middle East M&A to $36bln in 2024
Merger and acquisition (M&A) activity in the Middle East has nearly doubled this year, driven by significant deals in the UAE and Saudi Arabia. The region’s inbound and domestic M&A deals reached $36 …
Here’s how Utah earned its No. 1 ranking for innovation
A new report from the U.’s Kem C. Gardner Policy Institute uncovers the wide-ranging drivers of Utah’s high-performance innovation output.
Gulf’s Consumer Culture Lures Banks and Private Credit to Region
Governments in the Gulf have been fighting to bring investment onshore, as sovereign wealth funds invest vast sums of money abroad. It’s been an uphill battle, but global lenders are taking notice of …
The Future Of Fintech: Unlocking Innovation And Market Opportunities
Despite recent challenges to the sector, the promise of fintech remains alive for those willing to innovate strategically.
Nine Indians killed in bus crash in Sharjah’s Khor Fakkan area
India’s consulate in Dubai has pledged its support to the families of nine of its citizens killed in a bus crash in Sharjah’s Khor Fakkan area on Sunday night. Three compatriots who were among more …
UAE travellers face up to 20% price hike on flights, hotels for last-minute winter getaways
Mid-December to early January tend to be more expensive as schools close and many residents travel abroad for Christmas and New Year’s …
UAE residents whose kids benefitted from US birthright citizenship react as Trump vows to end scheme
Fatima Asaad, a Sudanese mother of two, feels a sense of relief knowing her children were granted American birthright citizenship before President-elect Do..
Dubai launches region’s first drone delivery system
The drone is designed to operate in various city landscapes, using advanced flight control algorithms and multi-sensor fusion positioning technology …
Shabab Al Ahli beat Al Wasl 3-0 to cut Sharjah’s UAE Pro League lead
Soccer Shabab Al Ahli Story10 …
North Korean crypto network in UAE hit by U.S. sanctions
The United States has hit a North Korean-linked crypto laundering operation in the UAE with new sanctions. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese …