Binance launches regulated AED crypto on-ramp in UAE via ADCB integration
Binance has introduced a fully regulated UAE dirham on- and off-ramp solution, integrating directly with Abu Dhabi Commercial Bank to allow users to
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Startup
UAE autonomous delivery firm CargoX raises USD 250m to scale logistics network
CargoX, the UAE-based autonomous delivery platform, has closed a USD 250 million funding round led by alternative investment firm BlueFive Capital.
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e& sells 12.5% Careem stake to Uber for AED 367m
Emirates Telecommunications Group (e&) has divested a 12.5% stake in Careem Technologies to Uber Technologies in a AED 367 million cash transaction.
Economy
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UAE GDP reaches AED 1.9tn in 2025 on non-oil momentum
The UAE's economy grew 6.2% year-on-year to AED 1.9 trillion in 2025, driven by a 6.8% expansion in the non-oil sector, which reached
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UAE hotel sector posts strong 2025 growth with 32m guests
The UAE's hospitality sector delivered robust results in 2025, with hotel guest numbers rising 5.1% year-on-year to more than 32 million, according to
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Alec Holdings wins USD 1.7bn contract to build Sphere Abu Dhabi
UAE construction and engineering firm Alec Holdings has secured a USD 1.7 billion contract to design, procure and construct Sphere Abu Dhabi on
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Fertiglobe posts near-doubled profit as nitrogen markets tighten
Abu Dhabi-based Fertiglobe, the world's largest seaborne exporter of urea and net ammonia combined, delivered a strong first quarter for 2026, with revenues
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Aramco posts 26% profit surge as East-West pipeline hits full capacity
Saudi Aramco delivered a strong first-quarter performance for 2026, reporting adjusted net income of USD 33.6 billion – a 26% year-on-year rise from
Economy
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UAE secures AED 171bn in deals at Make It In The Emirates 2026
The fifth edition of Make it in the Emirates, held at ADNEC Centre Abu Dhabi from May 4–7, drew more than 1,200 exhibitors
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SBWC opens Sharjah hub to empower women-led businesses
The Sharjah Business Women Council (SBWC) has inaugurated a new business hub at Al Mamsha, creating a dedicated space for women entrepreneurs to