DataCamp acquires Optima in $15m deal
DataCamp has acquired Dubai-based Optima in a $15m deal, strengthening its position in data and AI-focused online learning. The move expands DataCamp’s global
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Startup
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Dubai unveils sports sector plan 2033
Dubai has unveiled the Sports Sector Strategic Plan 2033, a roadmap designed to elevate the emirate’s position as a global sporting hub and
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EIF launches $131m Riyadh entertainment complex
The Events Investment Fund (EIF) has unveiled its first landmark project, the Riyadh Shooting Range and Entertainment Complex, with an investment exceeding $131m.
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GCC approves pilot phase of one-stop travel system
The GCC has approved the first phase of a one-stop travel system aimed at streamlining immigration, customs, and security procedures for air travel
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Dubai and Abu Dhabi rank in Top 5 wealth destinations
Dubai and Abu Dhabi have secured places among the world’s top five destinations for HNWIs, according to Savills Middle East’s Spotlight on Wealth
Entrepreneur
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Startup
Tetr College raises $18m to launch campus in Dubai
The global business school Tetr College has secured $18m in a funding round co-led by Owl Ventures and Bertelsmann India Investments.
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UAE and Saudi Arabia sign AI-driven anti-corruption pact
The UAE Accountability Authority and Saudi Arabia’s Oversight and Anti-Corruption Authority have signed an MoU to strengthen cooperation in AI-driven governance and transparency.
Entrepreneur
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Startup
RAKEZ and Emirates NBD streamline SME banking services
Ras Al Khaimah Economic Zone (RAKEZ) has partnered with Emirates NBD to enhance access to corporate banking services for SMEs as well as
Economy
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Dubai’s GDP rises 4.4% in H1 2025
Dubai’s economy expanded by 4.4% in the first half of 2025, reaching $65.6bn, driven by strong performance across key sectors. Core industries including
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Real Estate
Prestige One to debut waterfront Hilton Residences
Prestige One Developments has partnered with Hilton to introduce the first standalone waterfront Hilton Residences in the Middle East and Africa.