Global investment in fintech sank to $51.2 billion in 2023, down 48% from 2022, data from Innovate Finance shows. Despite that, UAE fintech funding soared 92%.
AI use in UAE’s finance sector outpaces global average
Dubai: Artificial Intelligence (AI) is becoming abundant across finance departments in the UAE as decision-makers focus on high-impact, targeted AI solutions across accounting, financial planning, …
Azizi Developments launches Azizi Wares in Dubai’s Downtown Jebel Ali
Azizi Wares comprises elegant studios and spacious one-, two- and three-bedroom apartments, complemented by a selection of premium retail spaces. The residences feature ultra-modern interiors designed …
Dubai discovers new offshore oilfield | Reuters
Output peaked in 1991 at over 400,000 bpd. Dubai’s offshore fields are operated by Petrofac. Petrofac’s spokeswoman in London declined to comment on the discovery.
UAE’s main oil company in talks over offshore oil stakes
DUBAI, United Arab Emirates – The United Arab Emirates’ main state oil company says it plans to divvy up its offshore oil operations and is in “advanced discussions” with multiple companies …
From Dubai to Cannes, Saint-Tropez, and London: Lessons in Taking an Emirati Brand Global
The appetite for Emirati creativity – through food, design, and hospitality – is growing. But success isn’t just luck- it’s the result of many small, thoughtful choices made early on, and the right …
Dubai’s education sector: 25 new schools, ECCs, universities to open up
The expansion reflects Dubai’s continued evolution as a global hub for high-quality education and family-friendly living …
Merchlist transforms how UAE businesses create custom corporate gifts & giveaways
In today’s fast-paced, social-media-driven business environment, corporate gifting has moved far beyond token gestures. Companies in the UAE are …
Archaeological discovery in Abu Dhabi sheds new light on Christian evangelism
A remarkable archaeological discovery on Sir Bani Yas Island in Abu Dhabi is transforming historians’ understanding of how Christianity spread during the seventh and eighth centuries.
Dubai’s GDP growth the result of a ‘multifaceted economic strategy’
Dubai recorded a GDP of AED119.7 billion ($32 billion) in the first quarter of 2025, marking a 4 percent growth …
Dubai to open 16 early childhood centres, six schools and three universities in 2025–26
Dubai adds 16 early childhood centres, six schools and three universities for 2025–26, expanding choice and reinforcing its global education hub status …
Pakistan, Bangladesh sign visa waiver for some passport holders
Pakistan and Bangladesh have signed multiple bilateral agreements including visa abolition for diplomatic and official passport holders. In June, the UAE and Pakistan also signed a visa waiver deal …
Dubai introduces new licence service for visiting boat owners
Qualified foreign licence holders can obtain a local marine license through an electronic process that verifies authenticity and compliance.
Over 60 students attend Dubai Customs’ camp
A group of 60 students from various age groups have concluded a 2-week long summer camp organized by Dubai Customs to develop young people’s skills and …
Sharjah Team opens F1 Powerboat World Championship with deserved victory in Indonesia
The Sharjah Team made a powerful statement at the start of the F1H2O World Championship after seizing the title of the opening round, hosted on Indonesia’s Lake Toba. The team reaffirmed its global …
Global gold reserves: US dominates as India, UAE gain ground
As of mid-2025, the United States remains the undisputed leader, holding 8,133 tonnes of gold, while India and the UAE are climbing the ladder at a record pace, underscoring the precious metal’s …
Dubai to improve airport traffic with expanded Terminal 1 bridge at DXB
Dubai RTA awards contract to expand Terminal 1 bridge at DXB, boosting capacity by 33% to 5,600 vehicles per hour and easing passenger access …