Economy News

UAE sees surge in financial influencers

The UAE’s Securities and Commodities Authority (SCA) has reported applications for ‘financial influencer’ accreditation rising by 1,100%.

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Entrepreneur News Startup

EDB launches finance solutions for startups and SMEs

Emirates Development Bank (EDB) has launched a series of financing solutions and support initiatives aimed at boosting startups, micro businesses, and SMEs under the national campaign The Emirates: Startup Capital of the World. The programme is designed to enhance access to capital, drive innovation, and strengthen the UAE’s position as a leading global centre for

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News

UAE invests $12bn in space sector

The UAE has invested $12bn in its growing space sector, reflecting a strong commitment to advancing national capabilities and encouraging private sector participation. Once primarily government-led, the industry is now witnessing greater involvement from private companies, including a rising number of SMEs. The trend underscores the UAE’s focus on encouraging a diversified ecosystem in which

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Entrepreneur News Startup

Abu Dhabi’s Hub71 forms US partnership

Abu Dhabi’s global tech ecosystem, Hub71, has partnered with the New Jersey Economic Development Authority (NJEDA) to create a transatlantic bridge for high-growth startups. The MoU establishes reciprocal access between the UAE and US startup ecosystems, enabling founders to expand internationally. It focuses on sectors such as AI and clean energy, strengthening strategic cooperation between

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News

Standard Chartered launches Islamic funds

Standard Chartered has introduced its Signature CIO Islamic Funds, a new suite of Shariah-compliant investment products designed to serve growing demand from both regional and global investors.

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News

UAE airports see passenger traffic soar in 2025

UAE airports handled 102.9 million passengers in the first eight months of 2025. That is a 5.3% increase from the same period last year. The rise underscores the continued strength and global competitiveness of the country’s aviation sector, and signifies a period of sustained growth.

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News Real Estate

Dubai real estate achieves record Q3 2025

Dubai’s property market reached a historic milestone in the third quarter of 2025, posting its highest-ever quarterly transaction volume and the second-largest sales value on record. Total sales for the first nine months of the year climbed to $136.1bn. The surge has been driven by robust demand across all property sectors, supported by Dubai’s population

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Economy News

GCC foreign inflows surpass $13bn year-to-date

Cumulative foreign inflows into GCC markets have exceeded $13bn year-to-date which is more than double the $5.3bn recorded during the same period in 2024.

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Economy News

UAE and Türkiye sign $4.9bn currency swap

The Central Bank of the UAE and the Central Bank of the Republic of Türkiye have signed a bilateral currency swap agreement alongside two MoUs to boost financial and trade cooperation.

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Entrepreneur News

Erad raises $33m for alternative SME financing

Riyadh-based alternative financing platform Erad has secured $33m in debt financing to expand operations across Saudi Arabia and the wider GCC.

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