UAE’s AI Office announces Google Gemini as top model in ‘AI in the Ring’ Index
Dubai, UAE - The UAE’s Artificial Intelligence, Digital Economy, and Remote Work Applications Office announced that Google Gemini has ranked first in the “AI in the Ring” Index, the world’s first benchmark designed to evaluate how effectively AI language models reflect Emirati culture, dialects, traditions, and national values through a...
UAE says will invest up to $50 billion in Canada
The fresh North American investment pledge came after UAE President Mohamed bin Zayed Al Nahyan promised in May to pump $1.4 trillion into the US economy over 10 years during a visit by President Donald Trump.
Italy’s Leonardo launches joint venture with UAE defence firm
Milan, Italy -- Italian defense group Leonardo said Wednesday it had agreed to launch a joint venture next year with the United Arab Emirates' state-owned defense conglomerate EDGE Group. Details of the sectors covered by the joint venture, which would be 51 percent owned by EDGE and 49 percent by...
Flydubai inks $13bn Boeing deal for 75 jets as city’s airlines build up
State-owned flydubai and its long-haul partner airline, Emirates, have been the chief deal-makers at this week's Dubai Airshow, the largest in the Middle East, signposting their expansion plans.Emirates orders 65 more Boeing 777X planes despite delays
Dubai, UAE -- Emirates, the Middle East's biggest airline, topped up its order of Boeing 777X planes on Monday despite years of delays, delivering a vote of confidence to the US manufacturer at the Dubai Airshow. The order of 65 777-9s, valued at $38 billion including engines, came despite last...Carney’s UAE mission: A new era for Canada’s global trade ambitions
The latest visit of the Canadian PM is a part of his efforts to find new markets for his nation’s products and forge sustainable trade relations outside of North America.Rory McIlroy wins seventh Race to Dubai title
Dubai, United Arab Emirates -- Rory McIlroy was on Sunday crowned the DP World Tour’s Race to Dubai champion for a seventh year, and four seasons in a row, but the world No.2 lost the $10 million Tour Championship to England’s Matt Fitzpatrick in the first playoff hole when he...
UAE ‘probably’ won’t join Gaza stabilization force: senior official
Abu Dhabi, UAE -- The United Arab Emirates is not planning to join the international stabilisation force for Gaza because it lacks a clear framework, a senior official said on Monday. "The UAE does not yet see a clear framework for the stability force, and under such circumstances will probably...UAE company inks $22 mn deal for stake in Latakia container terminal
Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday for a stake in the container terminal at Syria's port in Latakia -- as Damascus seeks investments to boost its war-ravaged economy. Abu Dhabi-based firm inked the deal with French...Qatari firm to invest $29.7 billion in Egypt coastal development
The project in the Alam al-Roum area, in Egypt's Matrouh Governorate, will span "4,900 acres... extending across a coastline of 7.2 kilometres of the pristine Mediterranean shoreline", a statement from the Qatari Diar company said.
US AI firm Palantir announces joint venture in Dubai
Dubai, United Arab Emirates -- US software firm Palantir launched a joint venture with the Dubai government's investment arm on Tuesday, as the United Arab Emirates continues its push into AI. The joint venture, named Aither, was unveiled a day after Microsoft announced $15.2 billion in AI and cloud computing...Bahrain: Financial pioneer of the Gulf
In the post-digital world, Bahrain’s center of activity, the city of Manama, has stiff yet healthy competition from the GCC financial centers such as Dubai, Riyadh and Doha. However, one must acknowledge that when it comes to reforms and financial services Bahrain has been the pioneer in the region, the...
Microsoft unveils $15.2 billion AI, cloud computing investments in UAE
The deal sent US chip-maker Nvidia shares up 2.6 percent, buoyed by hopes the AI juggernaut could see access for its most advanced chips expand to more markets.Backed by its sovereign wealth fund, Saudi chases AI ambitions with homegrown firm pitched to global investors
The company, launched in May, is bankrolled by Saudi's powerful Public Investment Fund, which has played a key role in financing the kingdom's gigaprojects - major developments aimed at boosting and diversifying its oil-reliant economy.Steady and sensible, Oman builds its future brick by brick amid the Gulf’s glittering rush
With volatile geopolitics and the resulting uncertainty, the year 2025 has been challenging for most of the countries across the world. The tariff winds emerging from Washington D.C. have shaken economies in all directions, but Oman managed to get the basic 10 percent tariff despite the 2009 US-Oman Free Trade...WEF’s Dubai Summit tackles existential digital risks
DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for the World Economic Forum's inaugural joint session of the Annual Meetings of the Global Future Councils and Cybersecurity. The crucial, three-day summit, running from October 14 to 16, 2025, is...UAE edge closer to World Cup after beating Oman
Doha, Qatar -- The United Arab Emirates moved to within a match of their second World Cup appearance with a comeback 2-1 victory against Oman in Doha on Saturday. The Emiratis, who last appeared at a World Cup in 1990, were made to work for their win, when late goals...Top conservation group meets in UAE on growing threats to nature
Abu Dhabi, United Arab Emirates -- The world's top conservation body kicked off its world congress Thursday in the Emirati capital Abu Dhabi, where it will unveil its updated "red list" of threatened species a day later. Hundreds of participants were meeting at the venue where the International Union for...
Multiply Group buys stake in ISEM
Multiply Group will hold 60.8% of ISEM.
Ajman records $808 million in real estate transactions in September
Ajman, UAE -- Real estate transactions in Ajman reached AED 2.97 billion in September, achieving a remarkable growth of 53 percent compared to the same period in 2024, according to real estate report issued by the Department of Land and Real Estate Regulation. Omar bin Omair Al Muhairi, Director-General of...
Tech leaders unite to propel future-critical sectors at GITEX GLOBAL 2025
Dubai, UAE: With capabilities of AI advancing every year, its potential to address challenges once thought unsolvable is rapidly expanding, from the possibility of curing genetic diseases to transforming urban mobility or enabling green data centers. With the global AI market set to reach $4.8 trillion by 2033 (UNCTAD), the...
What the world can learn from the Middle East’s wellness vision
Across the region, countries are aligning national visions with real investment in health, longevity, and quality of life.
Abu Dhabi GDP grows 3.8% to $83.40bn in Q2 as non-oil sectors hit record
The non-oil economy expanded 6.6 percent year-on-year to AED174.1 billion — the highest quarterly value on record — and accounted for 56.8 percent of GDP for the first time in a second quarter.UAE raises $299 million in Islamic Treasury Sukuk auction
Abu Dhabi, UAE — The UAE Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE, has completed the September 2025 auction of dirham-denominated Islamic Treasury Sukuk (T-Sukuk), raising AED1.1 billion. The auction, part of the UAE’s 2025 T-Sukuk programme, saw strong demand from the eight primary...India again refuse handshake with Pakistan in Asia Cup
Dubai, United Arab Emirates -- India skipper Suryakumar Yadav again refused to shake hands with Pakistan's Salman Agha as he won the toss and elected to field in their Super Four contest of the Asia Cup on Sunday. The two neighbors come into the key match of the regional tournament...
Arab League, OIC joint session urges review of Israel ties after Qatar attack
Arab and Muslim leaders called for a review of ties with Israel after emergency talks in Doha on Monday following last week's deadly strike on Hamas members in the Qatari capital.
Sharjah records 361 percent growth in capital investment in H1
Sharjah, UAE -- The Sharjah FDI Office (Invest in Sharjah) has announced an exceptional increase in foreign direct investment during the first half of 2025, marking the strongest performance among all UAE emirates. In this time period the emirate recorded 74 FDI projects, a 57 percent surge from the 47...
Over 1.4 billion accounts hacked monthly worldwide: Cyber Security Council
Abu Dhabi, UAE -- The UAE Cyber Security Council (CSC) has warned of growing risks linked to users’ digital footprints, saying more than 1.4 billion accounts are hacked globally each month. The council said every login, post or interaction online leaves a trace that can be exploited. It identified two...
UAE summons Israel envoy over ‘cowardly’ Qatar attack, condemns Netanyahu’s statements
The UAE, along with Bahrain, was the first Gulf country to normalize ties with Israel in 2020 and has been a frequent critic of its actions since the start of the Gaza war.ADCB to raise $1.66bn
The rights issue aimed at boosting growth.EGA H1 revenue $4.11bn
Net profit before GAC $445 million.Israel expecting one million Gazans to flee new offensive, planning “humanitarian area” for them
The Israeli military has been gearing up to seize Gaza City, the Palestinian territory's largest urban centre, with the United Nations estimating that nearly a million people live in and around the northern city.Borouge to pay $660m H1 dividend
Its net profit for H1 was $474 million.UAE continues to attract major global companies for new headquarters
Dubai, UAE -- The United Arab Emirates has continued to attract global companies looking to establish regional or global headquarters. In 2025, several major corporations, including PayPal and Veon, have either announced or completed the relocation of their headquarters to the UAE. This trend is supported by the country's legislative...
ADNOC completes $316 million sale of ADNOC L&S shares
ABU DHABI – Abu Dhabi National Oil Company (ADNOC) has sold a 3 percent stake in its logistics and shipping subsidiary, ADNOC Logistics & Services (ADNOC L&S), for approximately AED 1.16 billion ($316 million). The placement of 222 million shares to institutional investors was significantly oversubscribed by seven times within...
Ajman records real-estate deals worth $381 million in July
Ajman, UAE -- Real estate transactions valued at AED 1.48 billion ($381 million) were recorded in Ajman in July 2025. Omar bin Omair Al Muhairi, Director-General of the Department of Land and Real Estate Regulation in Ajman, confirmed that the month of July witnessed 220 real estate valuation transactions, with...UAE Cyber Security Council: Over 12,000 Wi-Fi breaches recorded in UAE since start of year
Abu Dhabi, UAE -- The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks, revealing that more than 12,000 breaches have been recorded through such networks in the country since the beginning of this year. According to the Council,...
Creators HQ attracts 2,415 active members from 147 countries
Dubai, UAE -- Dubai’s Creator HQ, the first headquarters for content creators in the UAE and the Middle East, has attracted 2,415 members from 147 countries within six months of its launch. The initiative aims to position the UAE as a global hub for the content economy, with a target...Over 12,000 Wi-Fi breaches recorded in UAE since start of year
Abu Dhabi, UAE -- The UAE Cyber Security Council (CSC) has warned of the serious risks posed by using open and untrusted public Wi-Fi networks, revealing that more than 12,000 breaches have been recorded through such networks in the country since the beginning of this year. According to the Council,...Less tax, more luxury: millionaires flock to Dubai for its zero income tax policy
Rich people are flocking to Dubai in record numbers, drawn to the desert city by its zero income tax policy and easy luxury lifestyle that has become harder to maintain elsewhere.
Big-ticket events boost international tourism and economic growth
Dubai, UAE -- ‘Big-ticket’ events are playing a pivotal role in driving international tourism and accelerating economic growth, according to experts speaking recently at Arabian Travel Market (ATM) 2025. In the GCC alone, the event and exhibition market is expected to reach US$827 million by 2029, growing at a CAGR...
Dubai International Chamber attracts 31 MNCs to Dubai in H1
Dubai, UAE -- Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has announced that it attracted 143 companies to Dubai during H1 2025, representing a 138 percent increase compared to the 60 companies attracted in H1 2024. These included 31 multinational companies (MNCs),...Abu Dhabi’s AI sector expands 61% in one year: Abu Dhabi Chamber
Abu Dhabi, UAE -- Abu Dhabi’s artificial intelligence (AI) sector witnesses a 61 percent increase between June 2023 and June 2024, according to data published by the Abu Dhabi Chamber, which said the emirate has 673 AI companies. Globally, there are approximately 90,904 AI companies as of 2024, which places...Hospitality leaders to gather in Dubai for Commercial Strategy Conference
Dubai, UAE -- The region's top hospitality professionals will converge at the Conrad Dubai Hotel on November 25-26, 2025, for the eighth annual Commercial Strategy Conference (CSC) MEA. Organized by the Hospitality Sales and Marketing Association International (HSMAI) Middle East and Africa, the event has been the premier gathering for...60 percent travelers in UAE trust AI to plan their trips: Report
Dubai, UAE -- Nearly 60 percent of travelers in the UAE trust Artificial Intelligence (AI) to plan every aspect of their trips, compared to 48 percent of travelers in other countries, with this figure predicted to rise as technology becomes more embedded into consumer habits. According to a recent report...IHC H1 net profit $2.94 billion
The company posted 31% increase in revenue.
Alpha Dhabi H1 profit $1.79bn
Adjusted EBITDA rises to $2.36bn.Borouge Q2 net profit $193m
The H1 revenue stood at $2.72 billion.UAE begins pipeline project to ease Gaza water shortage
Jerusalem, Undefined -- The United Arab Emirates has begun construction on a major pipeline to carry desalinated water from Egypt to southern Gaza, according to multiple sources. Technical teams sent by the UAE have started transporting equipment needed for the project, the Emirati state news agency WAM reported on Wednesday....
ADNOC Drilling H1 revenue $2.37bn
The company posted a net profit of $692m.
Dubai International Airport logs record 46 million travelers in first half
Dubai, United Arab Emirates -- Dubai International Airport welcomed a record 46 million passengers in the first half of this year, authorities said on Tuesday, despite disruptions due to the Iran-Israel war The facility marked its busiest first half on record with a 2.3 percent year-on-year growth, Dubai Airports said...
