Lucid Group and Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) have announced a strategic partnership aimed at accelerating innovation in electric vehicle (EV) and autonomous driving technologies.
Emirates Airline has reaffirmed its 15-year partnership with PayPal during a strategic meeting aiming to deepen collaboration in the digital payments sector. Emirates currently offers PayPal as a payment option on emirates.com across 34 countries, enabling customers to benefit from secure, seamless checkout experiences. The airline has reported significant growth in customer adoption, transaction volumes,
Dubai’s reputation for innovation, luxury and bold development is set to grow with a slate of major projects launching through 2025. These large-scale initiatives aim to reshape the city’s skyline while advancing sustainability and cutting-edge technology. Together, they are expected to significantly boost tourism, real estate and quality of life.
UAE-based digital assets startup Fuze has secured $12.2m in a Series A funding round, bringing its total funding to $20m. The raise comes amid growing interest in crypto infrastructure and signals investor confidence in the region’s fintech sector.
Dubai Financial Market (DFM) has reported strong growth for the first quarter of 2025, fuelled by record trading activity and continued investor engagement.
Quick, go-to-market products have traditionally been hard to develop. Software development used to require technical expertise, long development cycles, and the cash to cover both. Given the resources and time needed for successful development in the past, these restrictions have, understandably, prevented many new products from seeing the light of day. But this is no
Chelsea Football Club has announced a landmark partnership with Dubai-based DAMAC Properties to launch Chelsea Residences by DAMAC.
Dubai Land Department (DLD) has signed a memorandum of collaboration with Awqaf Dubai to enhance the performance and classification of the latter's real estate portfolio. The partnership aims to boost the competitiveness of endowment properties in the emirate’s market through DLD’s Building Classification Project.
Jumeirah Group has announced three major developments in Dubai. The new additions include a hotel and two residential projects, reflecting a strategic focus on boutique properties and branded residences. Leading the expansion is Jumeirah Asora Bay, a hotel/residence development set on the La Mer South peninsula. Scheduled to open in 2029, the coastal retreat will
The UAE is set to launch its first dirham-backed stablecoin in a joint initiative by IHC, ADQ, and First Abu Dhabi Bank (FAB), with full regulation from the Central Bank of the UAE (CBUAE). Once approved, the stablecoin will support seamless digital transactions across the UAE and beyond.
Sign up for our free newsletter