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June 3, 2026

Dubai-Based DAMAC Digital Targets 6,000MW IT Infrastructure Capacity

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Massive expansion supports AI and data center growth Dubai-headquartered DAMAC Digital announced plans to reach 6,000 megawatts of planned IT infrastructure capacity as demand for AI computing, cloud services and digital infrastructure continues growing globally. The expansion reflects increasing investment in data centers and technology infrastructure across the UAE and wider Gulf region. Analysts view […]

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AD Ports Expands Globally with $835 Million Brazil Terminal Deal

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UAE logistics giant enters Latin American market Abu Dhabi-based port operator AD Ports Group has expanded its international footprint through an $835 million terminal acquisition in Brazil. The deal marks a significant step in the company’s strategy to strengthen global logistics networks and diversify revenue streams beyond the Middle East. Experts say the move reinforces

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UAE Accelerates Development of AI Unicorn Companies

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Government initiatives target next generation of technology startups The UAE is expanding efforts to create globally competitive artificial intelligence companies through new investment programs, startup incentives and innovation initiatives. Officials believe AI will become a major driver of economic diversification and future GDP growth. The strategy supports the country’s ambition to become a global technology

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Abu Dhabi Investment Firm Launches New GCC Shariah Dividend ETF

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New exchange-traded fund expands regional investment options Abu Dhabi-based investment company Lunate has launched a new GCC Shariah-compliant dividend ETF on the Abu Dhabi Securities Exchange. The fund aims to provide investors with exposure to dividend-paying companies across Gulf Cooperation Council markets while adhering to Islamic finance principles. Industry experts view the launch as another

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Saudi Arabia M&A Activity Reaches $689 Million in Q1 2026

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Saudi accelerates as Vision 2030 attracts investors Saudi Arabia recorded 24 merger and acquisition transactions worth approximately $689 million during the first quarter of 2026, reflecting growing investor confidence in the Kingdom’s economic transformation program. Analysts attribute the increase to Vision 2030 reforms, expanding private-sector participation, and stronger foreign investment interest. The trend highlights Saudi

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