UAE-based Almal Real Estate Development has announced its international debut with the launch of The One by Almal in Bali, Indonesia. This marks the first step in the company’s 2030 global expansion strategy, with upcoming projects planned in Thailand, Vietnam, the Philippines, Seychelles, and Mauritius.
Dubai International Financial Centre (DIFC) has signed a strategic agreement with the International Private Equity Market (IPEM).
Emirates Development Bank (EDB) has introduced the Emirates Growth Fund (EGF), a multi-million dollar equity platform aimed at boosting the expansion and global competitiveness of UAE-based SMEs that have annual revenues starting from $2.7m.
Nearly 400 UAE-based companies secured contracts worth over $17bn in the first half of 2025 from ADNOC, as the energy giant ramps up efforts to drive local economic growth and strengthen national supply chains.
Dubai is gaining recognition as a secure and attractive destination for tech startups and investors, according to insights shared at the British Chamber of Commerce Dubai’s (BCCD) recent Tech Business Briefing held at the DIFC Innovation Hub.
The UAE has announced a five-year plan to provide over $10.89bn in financing support for industrial companies through a coalition of national banks. The move aims to boost the competitiveness and expansion of the country’s industrial sector.
Ripple has expanded its presence in the UAE by signing strategic agreements with Zand Bank and fintech company Mamo, both of which will adopt Ripple’s blockchain-powered cross-border payments platform.
The MENA region recorded a surge in IPO activity in the first quarter of 2025, with 14 companies going public and raising a combined $2.4bn, according to EY’s latest MENA IPO Eye report.
Autonomous driving firm WeRide has begun trial operations of its fully driverless Robotaxi fleet in Abu Dhabi, making it the first initiative of its kind in the Middle East.
Etihad Airways has signed a significant agreement with Boeing to purchase 28 wide-body aircraft, reinforcing the UAE flag carrier’s long-term growth strategy. The deal includes a mix of Boeing 787 and 777X models, equipped with GE engines and supported by a comprehensive services package.
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