Humain awards SAR 9bn data centre contracts to MIS to quadruple its capacity to 250MW
Saudi Arabia's PIF-owned AI company Humain has awarded contracts to Riyadh-listed Al Moammar Information Systems Company (MIS) for the construction of data centres
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Real Estate
UAE real estate sector posts broad H1 2026 gains across Dubai, Abu Dhabi, Sharjah and Ajman
The UAE's real estate sector recorded robust growth across all major emirates in H1 2026, underpinned by rising foreign investment, expanding development pipelines,
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Real Estate
Emirati women invest AED 2.7bn in Sharjah real estate in first eight months of 2026
Emirati women invested AED 2.7 billion in Sharjah's real estate market between January and August 2026, spanning 3,385 properties and involving 3,737 investors
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Startup
QIA leads USD 200m Series D round for autonomous freight operator Gatik
The Qatar Investment Authority has co-led a USD 200 million Series D funding round for US-based autonomous trucking company Gatik, alongside Koch Disruptive
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Startup
Dubai fintech Fasset achieves unicorn status
Dubai-based fintech Fasset has crossed the USD 1 billion valuation threshold after closing a USD 68 million Series C funding round led by
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Dubai tops global FDI rankings in cultural and creative industries for fourth consecutive year
Dubai ranked first globally for greenfield FDI project numbers in cultural and creative industries for the fourth year running in 2025
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UAE insurance sector assets reach AED 164.9bn in 2025 as profits jump 54%
The UAE insurance industry closed 2025 with total assets of AED 164.9 billion, a 6.1% rise from AED 155.5 billion a year earlier,
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UAE credit reports now incorporate micro-loans
Micro-loan obligations are now reflected in UAE credit reports following Etihad Credit Bureau's integration of account data from CashNow, a product of Botim
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Saudi Arabia signs SAR 4.35bn battery storage agreements for 2,000MW of grid capacity
Saudi Arabia's Saudi Power Procurement Company has signed four Storage Service Agreements for the Kingdom's first group of Battery Energy Storage System projects,
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Oman’s public revenue rises 13% in H1 2026
Oman's public revenues climbed 13% year-on-year to OMR 6.602 billion in the first half of 2026, up from OMR 5.839 billion in the