News

Dubai Chamber launches group to boost delivery sector

The Dubai Chamber of Commerce has announced the establishment of the Dubai Delivery Business Group, a new initiative aimed at supporting the growth and development of the emirate’s rapidly expanding delivery services sector.

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Entrepreneur News Startup

Lucidya raises $30m in MENA’s largest AI funding round

Riyadh-based Lucidya has secured $30m in a Series B funding round, marking the largest AI-focused investment ever raised in the MENA region.

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News

UAE cities top global emerging data centre markets

Abu Dhabi and Dubai have been ranked the world’s top two emerging data centre markets, according to a recent survey. The 2025 Global Data Center Market Comparison assessed 97 global markets across 20 key variables, including power availability, fibre connectivity, land pricing, and development pipeline. Abu Dhabi secured the top spot, with Dubai close behind

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Economy News

Dubai Chamber workshop explores CEPA economic impact

The Dubai Chamber of Commerce, in collaboration with the Ministry of Foreign Trade, has hosted a workshop focused on the role of the UAE’s Comprehensive Economic Partnership Agreements (CEPAs) in boosting the local services export sector.

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Entrepreneur News Startup

Saudi startup TruKKer raises $15m for freight tech expansion

Saudi Arabia-based digital freight platform TruKKer secured $15m in private credit investment from Ruya Partners via its Ruya Private Capital I fund. The funding will support TruKKer’s expansion across regional markets and the advancement of its AI-enabled logistics platform.

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Entrepreneur News Startup

UAE’s BioSapien extends Pre-Series A funding to $8m

UAE-based biotech startup BioSapien has extended its pre-Series A funding round to over $8m, with new investment from VC firm Globivest which joins existing investors including Global Ventures, Golden Gate Ventures, and Dara Holdings.

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News Real Estate

Takmeel real estate unveils $0.4bn 2025 development

Takmeel Real Estate Development is entering a new phase with an ambitious $0.4bnproject pipeline set for 2025. The developer plans to launch flagship projects worth $150m in Dubai South and Al Barari, covering over 350,000 sq. ft. in high-growth areas known for natural landscapes and strong investment potential.

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Opinion

UBO regulations and structuring in the UAE: What investors should know

The UAE has reshaped its approach to corporate transparency over the past five years. It has adopted key international frameworks, brought disclosure rules into line with OECD expectations, and pushed through reforms that move it away from the old offshore model. These shifts affect how UAE structures are used for holding assets and running cross-border

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Opinion

The business of private: A look at the regional private jet market

Private jets are big business. The most recent estimates place the worldwide private jet market at USD 39.84 billion this year, a significant increase from USD 25.87 billion in 2021.

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News

UAE authorities deny golden visas for crypto investors

UAE regulatory bodies have issued a joint statement denying claims that golden visas are granted to digital currency investors.

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