UAE’s EDGNEX acquires Hyperco
EDGNEX Data Centers have acquired Finland-founded data centre company Hyperco, strengthening its presence in the European market.
EDGNEX Data Centers have acquired Finland-founded data centre company Hyperco, strengthening its presence in the European market.
Abu Dhabi’s economy expanded by 3.8% in 2024, reaching an all-time high of $326.71bn. This marks the third consecutive year of record-breaking GDP figures according to data from the Statistics Center – Abu Dhabi.
The UAE has been named the world’s most crypto-obsessed country in 2025, scoring 98.4. The country has witnessed an exceptional 210% growth in crypto adoption, reinforcing its status as a premier hub for blockchain innovation and investment.
Dubai Chamber of Commerce organised a virtual workshop on sustainability reporting, highlighting its role in enhancing transparency around environmental, social, and governance (ESG) standards.
UAE-based Autogo has commenced trials for its RoboTaxi service in Abu Dhabi. The initiative is part of a strategic partnership with Apollo Go, the autonomous mobility arm of Chinese tech giant Baidu, which specialises in large-scale self-driving transportation. The collaboration aims to introduce cutting-edge mobility solutions to Abu Dhabi’s streets, aligning with the emirate’s smart
Jebel Ali Free Zone has announced a $24.5m investment in Phase 2 of its advanced logistics park, adding 360,000 square feet of Grade-A facilities.
Abu Dhabi is set to become a pioneer in urban air mobility with the deployment of the first fleet of electric air taxis this year. The piloted, four-passenger aircraft aim to slash a 60-minute car journey down to around 10 minutes.
The Gulf’s rapid ascent in the global sports arena is undeniable. Whether it’s high-profile investments in foreign clubs, attracting top talent to play in the region’s domestic leagues, or hosting huge global sporting events, the Gulf has made it to the forefront of sports in a remarkably short time.
Abu Dhabi’s real estate sector is set for significant expansion, with 38,700 new residential units expected by 2028 to meet growing demand. According to Cavendish Maxwell’s latest report, 10,800 units are due for delivery this year, followed by 6,000 in 2026.
MRC Saudi and Adspective have announced a strategic partnership to revolutionise audience measurement and AI-driven advertising in Saudi Arabia.
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