UAE Business

DFSA advances tokenisation push with next phase of regulatory sandbox
Sci-Tech

DFSA advances tokenisation push with next phase of regulatory sandbox

Selected firms begin testing new financial technologies in the DFSA’s Innovation Testing Licence programme

Dubai appoints new board for Majid Al Futtaim Capital amid governance overhaul
UAE

Dubai appoints new board for Majid Al Futtaim Capital amid governance overhaul

Family-run companies remain a backbone of the UAE’s private sector

Pakistan likely to sell majority stake in First Women Bank to UAE
UAE

Pakistan likely to sell majority stake in First Women Bank to UAE

Officials said Pakistan is likely to sell an 82.64% stake in First Women Bank to the UAE under a government-to-government deal next month

UAE to host first Neuralink brain chip trials outside the US
Sci-Tech

UAE to host first Neuralink brain chip trials outside the US

The chip helps paralyzed patients control devices using their thoughts.

Dubai to accept crypto payments for government services
World

Dubai to accept crypto payments for government services

The initiative supports Dubai’s Cashless Strategy and is expected to boost the local economy by AED 8 billion annually, reinforcing the city’s position as a global fintech leader.

AI and robotics power Al Maktoum Airport's 260 million passenger vision
UAE

AI and robotics power Al Maktoum Airport's 260 million passenger vision

Contracts awarded for key infrastructure at Al Maktoum International Airport.

Yas Island just got more magical: Disneyland arrival to fuel real estate surge
UAE

Yas Island just got more magical: Disneyland arrival to fuel real estate surge

Disneyland Abu Dhabi set to boost real estate demand on Yas Island and surrounding hotspots.

MENA registers 14 IPOs valued at $2.4 billion in Q1 2025
UAE

MENA registers 14 IPOs valued at $2.4 billion in Q1 2025

This marks an increase of four IPOs compared to the same period last year.

Dubai ranked top global destination for creative industry FDI for third year
UAE

Dubai ranked top global destination for creative industry FDI for third year

Dubai ranked #1 globally for foreign direct investment in the cultural and creative industries for the third year in a row, attracting $5.1 billion and over 23,500 new jobs in 2024.

Dubai tests robot food delivery with Yango Group
Sci-Tech

Dubai tests robot food delivery with Yango Group

Yango Group has launched a four-month pilot in Expo City Dubai using autonomous, AI-powered robots to deliver food, marking a major step in smart city innovation.

Abu Dhabi Ports Group to develop major industrial zone in Egypt in $120M deal
UAE

Abu Dhabi Ports Group to develop major industrial zone in Egypt in $120M deal

Abu Dhabi Ports is investing $120M to develop a 50-year industrial and logistics zone in East Port Said, Egypt — a strategic hub near the Suez Canal.

Dubai Holding to list 12.5% stake in residential REIT in Dubai’s first IPO of 2025
UAE

Dubai Holding to list 12.5% stake in residential REIT in Dubai’s first IPO of 2025

The REIT, managing over 35,000 units in top communities like City Walk and Bluewaters, is set to become the largest listed REIT in the GCC.

MAG to tokenize $3 billion in real estate in landmark deal with MultiBank and Mavryk
Sci-Tech

MAG to tokenize $3 billion in real estate in landmark deal with MultiBank and Mavryk

MAG is bringing luxury properties like The Ritz-Carlton Residences and Keturah Reserve onto the blockchain.

UAE defies global slowdown: IMF sees strong growth in 2025 and 2026
UAE

UAE defies global slowdown: IMF sees strong growth in 2025 and 2026

Gulf economies show varied resilience, but the UAE stands out amid global downgrades, outperforming broader MENA growth expectations.

UAE registers over 500,000 entities for corporate tax and VAT
UAE

UAE Hits Milestone with 500,000 Entities Registered for Tax and VAT

Over 1 million entities are now registered for corporate tax and VAT in the UAE, marking a major expansion of the country’s tax base.

Sri Lanka set to launch energy hub talks with India and UAE
Partner

Sri Lanka set to launch energy hub talks with India and UAE

Sri Lanka, India, and the UAE are teaming up to build a major energy hub in Trincomalee, aiming to boost Sri Lanka’s post-crisis recovery.

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin
Partner

Abu Dhabi doubles down on crypto as wealth fund, FAB, IHC join forces for new stablecoin

Stablecoins are digital tokens designed to keep a constant value backed by traditional currencies such as the US dollar

Nad Al Sheba Mall officially opens in Dubai
UAE

Nad Al Sheba Mall officially opens in Dubai

Nad Al Sheba Mall has officially opened, offering over 100 outlets and premium wellness facilities in a community-focused setting.

World Bank expects MENA's economy to grow in 2025
UAE

World Bank expects MENA's economy to grow in 2025

The United Arab Emirates and Saudi Arabia lead the region’s rebound.

Al Baraka Forum, Spectreco to launch first Shariah-compliant ESG index
UAE

Al Baraka Forum, Spectreco to launch first Shariah-compliant ESG index

AI-powered benchmark aims to provide ethical, transparent investment tools for Islamic finance in the GCC, Europe, and Southeast Asia