Could Al Ajban Solar Plant become world’s largest?
As part of the UAE Energy Strategy 2050, Al Ajban is poised to become one of the world’s largest single-site solar facilities, a
News
News
Real Estate
Dubai real estate market breaks key records
Dubai’s real estate sector has achieved a historic milestone in 2024, with a record 180,900 transactions totalling $142bn. This marks a 36% increase
Economy
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ADGM cuts commercial license fees
The Abu Dhabi Global Market (ADGM) has announced a major reduction in commercial license fees effective 1st January 2025. The new fee structure,
Economy
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50,000 new companies join Dubai Chamber of Commerce
Dubai’s appeal as a hub for regional and global investors continues to grow with a report showing that a total of 51,561 new
Entrepreneur
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Startup
SVC Invests in $150m Global Ventures III Fund
Saudi Venture Capital (SVC) has announced its investment in Global Ventures III, an early-stage venture capital fund managed by Dubai-based Global Ventures, with
Economy
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Non-oil sectors contributed 75% to UAE GDP in H1 2024
The drive towards a diversified economy took a new leap last year. A report just published from the UAE Ministry of Economy has
Entrepreneur
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Startup
New opportunity for Abu Dhabi social tech startups
Abu Dhabi’s global tech ecosystem Hub71 has signed a Memorandum of Understanding (MoU) with the emirate’s Authority of Social Contribution – Ma’an as
Economy
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SWFs – who spent more in 2024?
Abu Dhabi’s Mubadala Investment Company played a major role in sovereign wealth fund (SWF) activity in 2024, accounting for nearly 20% of the
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Real Estate
Digital transformation in Dubai real estate
Dubai Land Department (DLD) has unveiled plans to introduce its Smart Rental Index in January 2025, a cutting-edge initiative designed to revolutionise the
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Startup
Saudi foodtech startup Calo secures $25m in Series B funding
Riyadh-based foodtech startup Calo has raised $25m in a Series B funding round led by Nuwa Capital alongside STV, Khwarizmi Ventures, and regional