UAE surpasses Saudi Arabia in construction project awards

UAE has awarded an estimated $31b in projects in 2025 so far, overtaking Saudi’s $20.6b The United Arab Emirates is on track to surpass Saudi Arabia in the total value…

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Jane Street and DWS Group Set to Join Financial Firms Flocking to Abu Dhabi

Photo credit: ADGM Jane Street Group LLC has filed with regulators in Abu Dhabi to set up a local office. For the fastest-growing financial centre in MENA, with 245% growth in…

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Mubadala’s GlobalFoundries Announces $16B U.S. Investment to Reshore Essential Chip Manufacturing and Accelerate AI Growth

Announcement praised by Apple's Tim Cook. US-based semiconductor manufacturer GlobalFoundries, owned by Abu Dhabi’s Mubadala Investment Company, announced plans to invest $16 billion to expand semiconductor manufacturing and advanced packaging in the…

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UAE set to lead Middle East FinTech growth, reveals FinTech 2025 Industry Report by Emirates NBD and PwC

According to the report, UAE FinTech startups raised USD 265 million in 2024, representing one-third of national startup funding Press Release Emirates NBD, a leading banking group in the Middle…

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UAE Foreign Minister Concludes U.S. Visit, Advancing Economic and Regional Cooperation

Meetings with Commerce Secretary and Members of Congress underscore the vital US-UAE partnership to foster global economic growth and regional stability Washington, D.C. (13 June 2025) – His Highness Sheikh…

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Bitcoin.com establishes regional presence in DMCC Crypto Centre

Image credit: DMCC DMCC’s Director of Ecosystems, Belal Jassoma, welcomed Corbin Fraser, CEO of Bitcoin.com, as the company officially established its regional headquarters at the DMCC Crypto Centre. “Dubai’s forward-thinking…

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Hutchison Ports signs AED 1 billion investment deal to expand Ajman Port

The MoU was signed by Sheikh Dr. Mohammed bin Abdullah Al Nuaimi, Chairman of the Department of Port & Customs Ajman, and on behalf of Hutchison Ports by Andy Tsoi,…

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Wealthbrix launches in DIFC with eight-figure investment backing to elevate regional wealth management

Published: 23/06/2025 by DIFC “We welcome Wealthbrix to DIFC’s growing ecosystem of firms shaping the future of wealth and asset management. As the city with the highest concentration of wealth in…

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Indian businesses top list of new companies joining Dubai Chamber of Commerce during Q1, followed by Pakistan and Egypt

Dubai, UAE – The Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian-owned businesses topped the list of non-Emirati companies…

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Sharjah Achieves record AED5.5bn Real Estate Milestone in May 2025

Sharjah achieved a total real estate trading value of AED 5.5 billion during May 2025, recording 8,415 transactions across the emirate. The total area traded reached 13.2 million square feet, underlining the emirate’s…

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