UAE-based stablecoin startup SaturnX has secured $3m in seed funding to fuel its expansion into Southeast Asia. The round was led by White Star Capital with backing from multiple institutional investors. Founded in 2024, SaturnX provides an API platform for B2B money transmitters and financial services, enabling seamless digital dollar transfers. The startup has already
The Central Bank of the UAE (CBUAE) has signed a Memorandum of Understanding (MoU) with China’s Cross-Border Interbank Payment System (CIPS) to enhance cooperation in cross-border payment infrastructure.
Dubai’s Roads and Transport Authority (RTA) has for the second time received the flag to host the Global Public Transport Summit 2026. The summit was first held in Dubai in 2011.
The UAE has strengthened its collaboration with Germany in science, innovation and advanced technology following a series of high-level meetings in Berlin.
Bahrain-based real estate developer Infracorp has officially launched sales for its latest residential development, California Residences. Located in Wadi Al Safa, Dubai, the $164m project features 370 units including apartments, villas, and townhouses designed around modern, community-focused living.
Abu Dhabi-based tech group G42 has announced a strategic partnership with US-based Liquid AI to focus on developing and commercialising private generative AI solutions globally, but with a strong emphasis on MENA and the Global South more broadly.
Dubai-based real estate crowdfunding platform SmartCrowd has launched Flip, a fractional investment model that allows individuals to co-invest in high-end property renovations.
Emirates Properties Group has announced the launch of Azha Millennium Residences, a $95m mixed-use development in Jumeirah Village Triangle. The project will feature 196 branded apartments and retail spaces and is scheduled for completion in the final quarter of 2027.
The World Bank has projected that economic growth in GCC countries will rise to 3.2% in 2025, with 4.5% in 2026 and 4.8% in 2027. The latest Global Economic Prospects report also highlights a regional rebound in the wider MENA region.
Abu Dhabi has introduced revised real estate regulations aimed at creating a more adaptable and investor-friendly environment. The Department of Municipalities and Transport (DMT) announced the changes as part of the emirate’s broader strategy to position itself as a global hub for property investment.
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