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Dubai’s Parkin targets USD 166m public parking revenue as portfolio expands

Parkin Company plans to expand its portfolio in 2026, adding between 5,500 and 7,500 new parking spaces and targeting public parking revenues of

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Etihad signs sponsorship deal with McLaren Racing

Etihad Airways has entered a new sponsorship agreement with McLaren Racing, expanding Gulf aviation’s footprint in global motorsport.

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Dubai Aerospace to acquire Macquarie AirFinance in USD 7bn deal

Dubai Aerospace Enterprise (DAE) has agreed to acquire Macquarie AirFinance from Australia’s Macquarie Group for an enterprise value of USD 7 billion.

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Dubai awards AED 2.5bn in new stormwater drainage contracts

Dubai has awarded AED 2.5 billion (USD 680 million) in contracts to expand and strengthen its stormwater drainage network, supporting long-term urban resilience.

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UAE Central Bank unveils world’s first sovereign financial cloud

The Central Bank of the UAE (CBUAE) has partnered with Core42 to launch what it calls the world’s first Sovereign Financial Cloud Services

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Invest Bank returns to profit with AED 161 m turnaround in FY25

Invest Bank has returned to profitability after seven consecutive years of losses, reporting AED 161 million in net profit for FY25, compared to

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DIFC report shows global wealth shifting toward AI, private markets and impact

Dubai International Financial Centre (DIFC) has released its Global Wealth Outlook 2026, highlighting a structural shift in how the world’s richest investors approach

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Antier launches VARA-compliant crypto exchange platform for UAE and MENA

Antier has introduced a VARA-compliant white-label cryptocurrency exchange platform tailored for financial institutions operating in the UAE and wider MENA region.

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UAE proptech Takeem secures global backing to scale rental platform

UAE-based proptech platform Takeem has secured investment from REACH, the accelerator backed by National Association of Realtors through its REACH Middle East programme.

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flydubai posts AED 2.2 bn profit as network expands to 140 destinations

flydubai reported a pre-tax profit of AED 2.2 billion for 2025, carrying a record 15.7 million passengers as it expanded its global footprint.

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