Bahrain, UK sign $2.7bn sustainability deal
Bahrain and the UK have signed a second Strategic Investment and Collaboration Partnership (SIP2), securing a $2.7bn investment from Bahrain’s private sector into
News
Economy
News
UAE sees FDI hit $45.5bn in 2024
Foreign direct investment (FDI) into the UAE soared to $45.5bn in 2024, marking a 48% increase from the previous year, according to a
Economy
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Google contributed $5.9bn to UAE economy in 2024
Google contributed over $5.9bn to the UAE economy in 2024 with its AI-powered tools enhancing productivity across businesses and individuals, while supporting the
Entrepreneur
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Startup
UAE’s SaturnX raises $3m
UAE-based stablecoin startup SaturnX has secured $3m in seed funding to fuel its expansion into Southeast Asia. The round was led by White
Economy
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UAE-China MoU to boost cross-border payments
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with China’s Cross-Border Interbank Payment System (CIPS) to enhance
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Dubai to host Global Public Transport Summit 2026
Dubai’s Roads and Transport Authority (RTA) has for the second time received the flag to host the Global Public Transport Summit 2026. The
Economy
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UAE deepens science and tech ties with Germany
The UAE has strengthened its collaboration with Germany in science, innovation and advanced technology following a series of high-level meetings in Berlin.
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Real Estate
Infracorp launches California Residences in Dubai
Bahrain-based real estate developer Infracorp has officially launched sales for its latest residential development, California Residences. Located in Wadi Al Safa, Dubai, the
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G42 & Liquid AI to develop new AI solutions
Abu Dhabi-based tech group G42 has announced a strategic partnership with US-based Liquid AI to focus on developing and commercialising private generative AI
Startup
David Gravet and Laurence Ouaknine help companies improve workforce performance and customer experience
Founded in Hong Kong in 2022, Sthrive has grown from a content authoring tool into a full-scale AI workforce performance platform. After winning