DAMAC Digital has unveiled plans to build an IT capacity landbank of 6,000 megawatts across more than 13 countries, targeting hyper-scale cloud and AI infrastructure demand in North America, Europe, Asia, and the Middle East.
Dubai's Department of Economy and Tourism (DET) has introduced SME in a Box, a unified platform giving entrepreneurs single-point access to essential business services, including licensing, banking, digital payments, logistics, and telecommunications through a curated network of 18 private-sector partners.
The UAE is tracking ahead of its commitment to invest USD 1.4 trillion in the United States by 2035, with the US-UAE Business Council confirming the country has already deployed more than USD 100 billion in the past year alone.
Dubai-listed telecom operator du has established du Ventures, an AED 183 million (USD 50 million) venture capital fund targeting startups and emerging technologies aligned with its core business.
Flydubai has reached a significant milestone since launching in June 2009, having transported more than 137 million passengers and grown its route network to over 140 destinations across 58 countries.
Jordan's capital market institutions and Abu Dhabi Securities Exchange have officially activated an electronic link between the two bourses via the Tabadul cross-market trading platform.
Binance has introduced a fully regulated UAE dirham on- and off-ramp solution, integrating directly with Abu Dhabi Commercial Bank to allow users to move funds between traditional banking and digital assets.
CargoX, the UAE-based autonomous delivery platform, has closed a USD 250 million funding round led by alternative investment firm BlueFive Capital.
In most boardrooms, the conversation still circles around growth, investment, and performance. The problem is that confidence in those answers has quietly eroded – not because the data has got worse, but because the way growth is created has changed faster than the way it is interpreted inside organisations.
Emirates Telecommunications Group (e&) has divested a 12.5% stake in Careem Technologies to Uber Technologies in a AED 367 million cash transaction.
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