Oraseya Capital has been named the most active investor in the UAE for 2024, according to the UAE Venture Investment Report by MAGNiTT. The rankings are measured by number of deals.

Dubai International Airport (DXB) has maintained its position as the world’s busiest international airport for 2024, with 60.2 million available seats. This marks a 7% year-on-year increase in airline capacity and a 12% rise compared to pre-pandemic 2019 levels. OAG calculates the busiest international airports using international airline capacity only, excluding domestic flights.

Chinese officials are reportedly considering involving Elon Musk in negotiations surrounding TikTok’s US operations, just days before the app faces potential prohibition under new legislation. Officials are reportedly brainstorming ways for Musk to help broker a resolution.

The UAE and New Zealand have signed a Comprehensive Economic Partnership Agreement (CEPA) aimed at deepening trade relations and unlocking fresh investment opportunities between the two nations.

The UAE-based bank CBI has announced its strategic investment in Boomitra, an award-winning carbon project developer and Earthshot Prize laureate. The partnership aims to advance regenerative agriculture across the Middle East, Africa, and Asia by deploying cutting-edge AI-enabled solutions to empower farmers and strengthen climate resilience.

One of the top private developers in the UAE, Damac Properties, will invest $20bn in US data centres. The investment, made through Damac Group’s fully-owned subsidiary EDGNEX, feeds into an existing boom for constructing data centres used in the development of AI and the expansion of cryptocurrency.

The UAE has solidified its position as a leading global passport, ranked among the top 10 most powerful passports in the world, according to the just-released 2025 Henley Passport Index.