UAE and Saudi Arabia sign AI-driven anti-corruption pact
The UAE Accountability Authority and Saudi Arabia’s Oversight and Anti-Corruption Authority have signed an MoU to strengthen cooperation in AI-driven governance and transparency.
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Entrepreneur
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Startup
RAKEZ and Emirates NBD streamline SME banking services
Ras Al Khaimah Economic Zone (RAKEZ) has partnered with Emirates NBD to enhance access to corporate banking services for SMEs as well as larger enterprises within its ecosystem.
Economy
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Dubai’s GDP rises 4.4% in H1 2025
Dubai’s economy expanded by 4.4% in the first half of 2025, reaching $65.6bn, driven by strong performance across key sectors. Core industries including trade, transport, tourism, and financial services continued to play a central role in driving output.
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Real Estate
Prestige One to debut waterfront Hilton Residences
Prestige One Developments has partnered with Hilton to introduce the first standalone waterfront Hilton Residences in the Middle East and Africa.
Entrepreneur
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Startup
Saudi fintech startups secure $2m investment
Thirteen Saudi fintech startups have attracted nearly $2m in investment interest at the Biban Forum 2025’s Investors Arena, an interactive platform connecting entrepreneurs with potential backers.
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UAE to invest $46bn in transport upgrades by 2030
The UAE will invest more than $46bn in national roads and transport projects by 2030 to reduce congestion and improve mobility. Federal road upgrades are expected to boost efficiency by 73% within five years.
Entrepreneur
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Startup
KSA-based WakeCap acquires Brazilian Trackfy
Saudi-based WakeCap has acquired Brazilian workforce safety and operations platform Trackfy, marking a significant expansion into the Latin American market.
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UAE hospital reaches top digital healthcare standard
Fakeeh University Hospital in Dubai has become the UAE’s first healthcare facility to achieve the HIMSS EMRAM Stage 7 accreditation, the highest global benchmark for digital transformation in hospitals.
Economy
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MENA M&A activity rises 23% in 2025 so far
M&A activity across the MENA region grew 23% year on year in the first nine months of 2025, reaching 649 deals worth $69.1bn. Of that number, the GCC accounted for 500 deals valued at $65.9bn.
Economy
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Dubai Chamber adds 53,838 new firms through Sept 2025
Dubai Chamber of Commerce reported solid performance during the first nine months of 2025, underscoring its role in driving economic growth and supporting the Dubai Economic Agenda (D33).