Abu Dhabi's International Holding Company (IHC) will establish Judan Financial Holding, a new AI-enabled financial services platform overseeing more than Dh870 billion ($237 billion) in assets under management.
The United Arab Emirates immersive virtual reality market is projected to grow to AED 1.6 billion by 2030, up from AED 366 million in 2024, as adoption accelerates across sectors led by real estate.
King Salman bin Abdulaziz Al Saud has ratified the agreement for a 785km electric high-speed railway connecting Riyadh and Doha.
Dubai Electricity and Water Authority has increased its ownership in Emirates Central Cooling Systems Corporation (Empower) from 56% to 80%, acquiring a 24% stake from Emirates Power Investment.
Mubadala Capital and U.S.-based TWG Global have agreed to acquire Clear Channel Outdoor Holdings in an all-cash transaction valued at $6.2 billion.
Saudi Arabia and Kuwait have announced the launch of their first jointly established, private sector-led business body, marking a new phase in bilateral economic cooperation and GCC integration.
KKR has opened a new office in Abu Dhabi, underscoring growing confidence among US private equity firms in the emirate’s long-term investment environment.
Red Sea Global and Bunat Ventures have launched a dedicated artificial intelligence venture fund to support early- and growth-stage AI startups in Saudi Arabia, strengthening the Kingdom’s innovation and digital economy ecosystem.
Dubai Land Department (DLD) will launch Phase II of its Real Estate Tokenisation Project on February 20, enabling the resale of tokenised properties in the secondary market under a controlled regulatory framework.
Dubai Future Foundation, the Dubai Department of Economy and Tourism (DET) and Crescent Enterprises have launched a Dubai-based global microbiome research and development initiative aimed at advancing innovation in health, longevity and wellness.
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