EMSTEEL is a public joint stock company (ADX: EMSTEEL) and the UAE’s largest steel and building materials manufacturer. The Group leverages cutting-edge technologies to supply both the local market …
UAE: 5 banks, 2 insurance companies fined Dh2.62 million for violating tax rules
Five banks and two insurance companies operating in the UAE have been penalised for non-compliance with tax rules, the Central Bank of the UAE (CBUAE) announced on Tuesday. The Central Bank imposed …
UAE awards $354m contract to build naval patrol vessels
The UAE has awarded contracts to build naval patrol vessels to conduct missions including pirate and smuggler monitoring. Al Seer Marine and Damen International announced their Joint Venture has …
UAE security buyer awards $354m offshore patrol vessels contract
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more …
Abu Dhabi pioneers AI-Driven governance with Microsoft and G42 partnership
The emirate aims to become the world’s first fully AI-native government by 2027, leveraging a sovereign cloud system to enhance public services and set a global benchmark for digital transformation.
Sri Lanka Business Council UAE hosts iftar under the theme ‘Celebrating our diversity’
The Sri Lanka Business Council UAE, in collaboration with the Sri Lankan Embassy and Consulate General in Dubai, hosted a memorable Iftar on March 7, 2025, celebrating diversity with over 250 guests.
The Royal Office of H.H. Sheikh Ahmed Bin Faisal Al-Qassimi and ACET ($ACT) Drive Blockchain Payment Innovation in UAE’s $3.9 Billion USD Initiative
ACET ($ACT), a pioneering blockchain-powered decentralized finance (DeFi) platform, has entered into a Memorandum of Understanding (MoU) with the Royal Office of His Highness Sheikh Ahmed Bin Faisal …
Global fintech XTB expands MENA’s presence with new Dubai office
The company anchored its position as a trusted and regulated brokerage for both retail and institutional investors …
XRP Healthcare to Become Public Company via IPO by Q3 2025, Accelerating AI and M&A Expansion
XRP Healthcare, a fast-growing innovator in AI-driven healthcare and mergers & acquisitions, has announced it will be a public company by Q3 2025.
Ruto’s Headache as World Bank and UAE Threaten to Withhold Ksh297 Billion Funding
Kenya’s failure to meet economic targets under its International Monetary Fund (IMF) program has put external investor financing including from the World Bank and the United Arab Emirates, UAE at risk …
AlHuda CIBE and Autosoft Dynamics agreement inked to promote end-to-end Islamic banking suite
This collaboration aims to address the growing demand for high-quality Shariah Compliant Banking systems in the rapidly expanding market …
InDebted launches in the UAE to provide modern debt resolution experiences through AI
SYDNEY, AUSTRALIA — InDebted, the global leader in human-centered debt resolution, has expanded into the United Arab Emirates (UAE). This milestone marks InDebted’s seventh operating market, …
US-China trade war could make Middle East a dumping ground for cheap imports: Report
Chinese exports have surged to Turkey and Gulf states since the US slapped tariffs on China, posing a threat to manufacturing ambitions …
UAE grants USD 64.5 million financial aid to Al-Makassed Hospital in East Jerusalem
Following the directives of President Sheikh Mohamed bin Zayed Al Nahyan, the UAE has allocated a financial grant of USD 64.5 million to Al-Makassed Hospital in East Jerusalem. The grant aims to …
UAE unveils new Dhs100 note ahead of Eid Al Fitr
The new currency Dhs100 note is made of polymer and features an innovative design and advanced security features …
Binance raises $2 billion from Abu Dhabi-based MGX as BinoFi (BINO)’s Presale sells more than 20 million tokens
Raising capital has always been important, especially in the early days of blockchain and DeFi projects. On one end, millions of small investors globally …
6G: Waiting for ‘Go’
Nokia sees the next mobile standard leading to “networks that sense, think, and act”, writes ARTHUR GOLDSTUCK.