PIF assets triple as fund nears $1tr target
Public Investment Fund (PIF) assets have nearly tripled over the past decade as the Saudi sovereign wealth fund moves closer to its $1tr target by the end of this year.
Economy
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Entrepreneur
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Startup
IFZA launches accelerator to attract global startups
IFZA has launched its first Scale360 accelerator, a market access initiative aimed at connecting international startups with the UAE’s dynamic business ecosystem.
Entrepreneur
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Startup
Dubai Chamber boosts digital collaboration with Europe
Dubai Chamber of Digital Economy has signed an MoU with 28DIGITAL to enhance digital cooperation and foster partnerships between entrepreneurs in Dubai and Europe.
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flowork expands to Vision Tower, Business Bay this November
Dubai, UAE – October 29, 2025 – flowork, one of the UAE’s fastest-growing flexible workspace brands, will celebrate its first anniversary with a major expansion into Vision Tower in Business Bay this November. The move builds on exceptional demand at its first location in Dubai Hills, which reached full occupancy within six months of launch
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Real Estate
BRKZ secures $30m to support Saudi construction
BRKZ, a leading B2B managed marketplace for building materials in Saudi Arabia, has raised up to $30m in growth debt from Stride Ventures. The announcement follows previous equity rounds that raised $22.5m.
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Real Estate
Dubai’s commercial property market reaches $8.27bn
Dubai’s commercial property sector continued its strong growth in Q3 2025, with total sales reaching $8.27bn, a 31% increase compared to the same period last year.
Opinion
How the Gulf’s AI ambition shapes a new business environment
OpenAI CEO Sam Altman concluded another visit to the UAE last month, highlighting the country’s deepening ties with the technology giant. Altman met with President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi to discuss increasing collaboration in AI research and its practical applications.
Entrepreneur
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Startup
UAE tops best countries for crypto startups
As global regulation tightens, location has become ever-more crucial for crypto entrepreneurs. Favourable tax structures, regulatory clarity and infrastructure continue to define the best jurisdictions for blockchain ventures.
Economy
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UAE and African nations strengthen partnerships
The UAE hosted a high-level ministerial roundtable in Dubai with more than 20 African nations, resulting in a joint statement outlining a new investment mapping to strengthen partnerships. Sectors of focus include tourism, aviation, logistics, infrastructure and digital transformation.
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UAE Ministry of Finance launches Retail Sukuk initiative
The UAE Ministry of Finance has launched the Retail Sukuk Initiative, allowing citizens and residents to invest directly in government-backed Treasury Sukuk.