Against the background of the rapid growth of Dubai fintech cluster dozens of investment funds consider the emirate as a reliable bridge between the Middle East …
UAE: Higher fuel sales, expansion boost Adnoc’s net profit by over 12% in H1 2025
Adnoc Distribution on Tuesday reported $358 million net profit for the first half of 205, an increase of 12.2 per cent year on year, on the back of higher fuel sales and network expansion. The UAE’s …
Dubai property sales passed $17.3bn in July as tax reforms fuel investor confidence
Property Finder reports 27 per cent YoY surge in Dubai property sales value and record off-plan activity as UAE aligns tax rules with global standards …
Dubai workplace expense fintech Alaan raises $48m
Alaan, a Dubai-based automation platform which aims to help companies eliminate expense claim “pain points” for both employees and hard-pressed finance teams, has raised $48 million to fund expansion.
Dubai logistics: DP World expands Jebel Ali Automotive Hub with massive new yard as vehicle volumes accelerate 28%
New Terminal 4 facility boosts storage to 75,000 CEUs and enhances RoRo capacity as Dubai strengthens its position in global car trade …
Dubai construction booms with 30,000 permits issued in H1 2025 as built-up area surges past 5.5 million sqm
Residential villas and commercial towers lead a 20 per cent rise in Dubai construction permits, signalling strong investor confidence and sustainable growth …
Dubai Chambers showcases its integrated services to support business growth to 180 representatives from the private sector
Participants were introduced to the full range of programmes, initiatives, and services offered by the three chambers …
Donald Trump says US will levy 100% tariff on some chip imports
The United States will impose a tariff of about 100% on semiconductor chips imported from countries not producing in America or planning to do so, President Donald Trump said.
Abu Dhabi’s secondary property market hits new highs as growth broadens across the capital
A new Q2 2025 report from British-owned property firm Crompton Partners shows Abu Dhabi’s secondary property market surging past AED 2 billion in sales, with double-digit growth across nearly all …
Arada awards AED618mln construction contract for Anantara Sharjah Resort and Anantara Sharjah Residences
Sharjah, United Arab Emirates: Arada has awarded an AED618 million construction contract for the construction of Anantara Sharjah Resort and Anantara Sharjah Residences, the luxury seafront …
Dubai RTA nol card top-ups: What’s behind the rise in transactions?
The authority emphasised that digital adoption will continue to be a key focus in enhancing Dubai’s public transport infrastructure …
Dubai’s first fully autonomous AI-powered parking breaks new ground
This collaboration brings to life a ticketless and barrier-free parking solution that eliminates the need for manual inspection.
Britain is alienating its wealthy with taxes, and the UAE becomes their top destination
The UAE, particularly Dubai, has become the preferred destination for thousands of British business executives who recently left the UK following Keir …
Transforming offshore oil production with advanced medium-voltage VSDs
The Abu Dhabi National Oil Company (ADNOC) has pledged to increase its oil production capacity to five million barrels a day by 2030 to satisfy the soaring global demand for energy. The Belbazem block …
UAE: Strong sales push Emaar’s profit to Dh10.4 billion during first 6 months of 2025
Emaar Properties on Wednesday announced net profit before tax increased to Dh10.4 billion in the first half of 2025, a growth of 34 per cent compared to the same period last year, driven by robust …
Pakistani Startup Icon Backs UAE Fintech’s Record $48M Funding
A renowned Pakistani founder joins top investors backing UAE-based fintech Alaan’s $48M Series A to scale AI-driven finance automation.
Peak XV leads USD 48 Mn Series A Round for UAE’s Alaan
The round was led by Peak XV Partners, with participation from 885 Capital, Y Combinator, 468 Capital, Pioneer Fund, and several prominent angel investors, including founders of unicorns Tabby and …