Dubai Future Foundation (DFF) and IBM have signed a Memorandum of Understanding (MoU) to strengthen Dubai’s position as a global hub for artificial intelligence (AI). The agreement, signed at the

Dubai International Financial Centre (DIFC), one of the developing global financial hubs in the Middle East, Africa and South Asia (MEASA), has launched new technology to allow third parties access

The UAE’s largest Islamic bank, Dubai Islamic Bank (DIB), achieved a good financial performance for 2024, reflecting the resilience of the bank along with its growth strategy. The bank announced

Rapido, a world brand in the ride-hailing sector, announced that Prosus has raised ₹250 crore (about $29.7 million) in Series E funding. This investment comes in 7 months after the

UAE telecommunications company du has announced record-breaking financial results for 2024, reflecting significant growth in revenue and profit. The company reported a revenue of AED 14.64 billion, representing a 7.3%

Croft Beverages, an exciting new sustainable tea company, has managed to raise a sum of $125,000 from a pre-seed funding round. This deal, including both equity and debt, has been

Azizi Developments, another one of the esteemed UAE-based private real estate developers, announced the sale of 99% of all the units in its latest residential project, Azizi Neila, located in

In the venture capital industry, a great development has recently been witnessed when two of Peak XV’s key managing partners announced their decision to leave the organization. This was a

ICE Dubai 2025 Returns on February 19-20   ICE Dubai 2025 is set to establish Dubai as a key global hub for agricultural commodities, sustainability, and biofuels. The prestigious Intercontinental Commodity

A Record-Breaking Residence in the Sky   Forget Postcode Lottery; this opening gives a single buyer a spin on a moral jackpot. The last penthouse on the highest pole on earth,

Rupeeflo, a fintech startup aimed at simplifying banking and investment processes for Non-Resident Indians (NRIs), has successfully raised $1 million in a pre-seed funding round. The round was led by

GE Aerospace has committed $10 million to enhancing its maintenance, repair, and overhaul (MRO) facilities in Dubai, UAE, and Doha, Qatar. This outlay, over a two-year period from 2024 and