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.
The Dubai Land Department, in partnership with the Community Development Authority, has launched the ‘Barwa’ programme – a first-of-its-kind, socially driven real estate initiative aimed at empowering senior citizens and People of Determination.
The UAE has reaffirmed its commitment to invest $1.4tr in the US over the next decade, as part of strengthening bilateral economic and political ties. The announcement came during a landmark visit by US President Donald Trump to Abu Dhabi, where he met with UAE President Sheikh Mohammed bin Zayed Al Nahyan.
US President Donald Trump and Qatar’s Emir Sheikh Tamim signed several major agreements this week, covering aviation and defense co-operation.
Turkish eCommerce platform Trendyol has announced a strategic partnership with Saudi-based retail tech company Zid, aimed at accelerating digital growth for SMEs in Saudi Arabia and the UAE.
Global Village is calling on entrepreneurs, SMEs, and large-scale companies to register for Season 30, offering a platform to showcase innovative concepts and grow their businesses in a high-footfall, multicultural environment.
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