Umm Al Quwain Free Zone partners with Port City Colombo The Umm Al Quwain Free Trade Zone and Port City Colombo in Sri Lanka have signed an agreement designed to promote investment and expand business opportunities between the two markets. The partnership aims to create a structured channel for UAE-based companies looking to expand into […]
UAE–Sri Lanka Investment Corridor Gets New Boost Read More »
AI-powered logistics platform targets wider Gulf market Saudi logistics technology startup Sirdab has raised $10 million in Series A funding in a round co-led by PIF-backed Elm and BECO Capital. The company plans to use the funding to expand its warehousing and transportation network across Saudi Arabia and the wider GCC. Sirdab is also developing
Saudi Logistics Startup Sirdab Raises $10M for GCC Expansion Read More »
UAE startup expands its technology platform into the US Dubai-founded fitness technology company Enhance has raised $18.2 million through a combination of equity and venture debt. The company, founded in Dubai in 2018, plans to use the funding to accelerate its US expansion. Enhance’s platform already operates across more than 700 US clubs, supports around
Dubai-Based Fitness Tech Startup Enhance Raises $18.2M Read More »
Saudi AI giant expands beyond domestic infrastructure Saudi AI company HUMAIN is pursuing a two-track AI investment strategy that could involve a global venture fund potentially exceeding $10 billion, alongside a separate $2.5 billion vehicle focused on domestic data-centre financing. The strategy reflects Saudi Arabia’s ambition to move from being an AI infrastructure investor to
Saudi Arabia’s HUMAIN Builds $10B+ Global AI Investment Strategy Read More »
UAE economy remains resilient despite external risks S&P Global Ratings ne UAE ki long- and short-term sovereign credit ratings ko AA/A-1+ par maintain kiya hai, with a Stable outlook. The rating agency highlighted the UAE’s strong fiscal position, sovereign wealth fund assets, foreign-exchange reserves and resilient banking sector as major buffers against external shocks. S&P
UAE Retains AA Credit Rating as S&P Highlights Strong Financial Buffers Read More »
New changes could reshape UAE long-weekend planning The UAE is preparing changes to its public-holiday calendar for 2027, with the revised structure expected to affect the number and timing of official days off. The changes are being closely watched by businesses, schools, tourism companies and employees because UAE public holidays have a significant impact on
UAE Announces Major 2027 Public Holiday Revision Read More »
World’s future mega-airport targets seamless passenger experience Dubai’s Al Maktoum International Airport is being designed with a major focus on seamless passenger processing, including queue-free security. Once fully developed, the airport is expected to handle up to 260 million passengers annually, making it one of the world’s largest aviation infrastructure projects. The airport’s next-generation design
Dubai’s Al Maktoum Airport to Introduce Queue-Free Security Read More »
More than 10,800 residential transactions recorded Dubai’s residential property market recorded approximately AED23.26 billion ($6.3 billion) in sales during August, across 10,819 transactions. Off-plan properties represented around 70.75% of transaction volume, highlighting continued investor demand for new developments. Dubai South emerged as one of the leading areas for activity, while the majority of analysed home
Dubai Property Sales Reach $6.3 Billion in August Read More »
AI, cloud and data-centre investments dominate Saudi technology push Saudi Arabia’s LEAP 2026 technology conference has generated almost $15 billion in technology announcements, investments and agreements, reinforcing Riyadh’s ambition to become one of the world’s leading technology and AI hubs. The announcements cover artificial intelligence, cloud computing, data centres, digital infrastructure, research and development and
Saudi Arabia’s LEAP 2026 Generates Nearly $15 Billion in Tech Deals Read More »
One million university students to receive Google AI Plus for one year Saudi Arabia is giving 1 million university students free access to Google AI Plus for one year, expanding the Kingdom’s push to integrate artificial intelligence into education and workforce development. Eligible students will gain access to Google’s AI tools, including Gemini and NotebookLM,
Saudi Arabia Announces Free Google AI Access for 1 Million Students Read More »