Economy News

S&P says GCC banks resilient to trade shocks

Gulf banks are well-positioned to weather the economic fallout from rising global trade tensions according to a new report by S&P Global Ratings.

Read More
Economy News

Nexus Point backed platform Encor Group acquires Creative Zone

Hong Kong and Dubai, 16 April 2025 – Creative Zone Group (“Creative Zone”, or the “Company”), a leading corporate service provider based in the UAE, has been acquired by Encor Group (“Encor”), a regional corporate, trust and fund services platform headquartered in Hong Kong. The transaction marks the second acquisition by Encor in the past

Read More
Opinion

Why the UAE is fast becoming a global education destination

A lot has changed in UAE education over the past few years. What was once a system built mainly around local demand and expat families has grown into something broader, more global, more competitive and more ambitious. Enrolments are rising, new schools and universities are opening and standards are climbing. In Dubai alone, international student

Read More
Opinion

Timing the real estate market – is it worth it?

Some investors swear by timing the market, waiting for the lowest dip before buying and selling at the top. It’s a great theory. The problem? Real estate doesn’t work that way. Property markets are not like stocks or crypto – they move at a different pace. Prices shift over months or years, not overnight. And

Read More
Economy Entrepreneur News Startup

UAE tech startup funding see 865% increase in Q1

UAE tech startups raised a record $872m in Q1 2025, an 865%year-on-year increase, according to Tracxn’s latest UAE Tech Funding Report.

Read More
Economy Entrepreneur News Startup

UAE AI startup secures Irish funding

The UAE-based AI startup AIREV has secured investment from Irish private equity firm Venturewave Capital to accelerate the global rollout of ‘On-Demand’, a pioneering AI operating system that currently has 60,000 users.

Read More
Opinion

The robots are coming – so what are the opportunities for entrepreneurs?

The first industrial robot was developed by George Devol in 1954 and sold to General Motors, who used it on their production line. Today, robotics is big business. Goldman Sachs has stated that by 2035, the global humanoid robot market will reach USD 38 billion, while Elon Musk predicts it will eventually become a USD

Read More
Economy News

OPEC reports solid growth in UAE’s non-oil sector

The UAE’s non-oil economy continues to show strong momentum, according to the latest report by OPEC.

Read More
Economy Entrepreneur News Startup

Dubai AI Festival reinforces city’s tech leadership

Dubai is preparing to host the 2025 edition of the Dubai AI Festival, reaffirming its status as a global hub for AI and emerging technologies.

Read More
Economy News

RAKEZ strengthens UAE–UK business ties

Ras Al Khaimah Economic Zone (RAKEZ) has reaffirmed its commitment to strengthening commercial ties between the UAE and the UK as the lead sponsor of the British Chamber of Commerce Dubai (BCCD)’s stakeholder reception in central London.

Read More