UAE aluminum exports to US surge ahead of Trump tariffs
UAE aluminum exports to the US hit a two-year high in March as buyers rushed to stock up before Trump’s 25% tariff took effect, reshaping global trade flows.
UAE official to visit Washington for Nvidia AI chips
Sheikh Tahnoun bin Zayed Al Nahyan plans to meet U.S. officials to push for eased AI chip export controls and highlight UAE’s tech investment ambitions.
Abu Dhabi’s Adnoc Plans to Buy Mubadala Energy Assets
Adnoc is negotiating a potential $10 billion acquisition of Mubadala’s energy assets, aiming to consolidate Abu Dhabi’s oil and gas holdings amid sector diversification.
Merex Investment Plans to Start Redevelopment of Dubai’s Waterfront
Merex Investment plans to launch an ultra-luxury redevelopment at La Mer North, with 225 luxury homes set for completion by 2027, as Dubai’s retail and residential demand surges.
Ducab Metals Business expands production in UAE
Ducab Metals Business enhances UAE’s manufacturing sector with expanded production, global trade partnerships, and increased exports, driving industrial growth and economic diversification.
DWTC and Informa Group to create new company Informa International
Dubai World Trade Centre and Informa Group join forces to create Informa International, a global exhibitions powerhouse set to drive MICE sector growth across the Middle East, South Asia, and Africa.
Talabat acquires Instashop platform for $32 million
Talabat finalizes the $32M acquisition of InstaShop, integrating the leading MENA grocery platform while maintaining its independent brand within Talabat’s retail vertical.
Apple’s new iPad Air available for pre-order in UAE
Apple launches the new iPad Air with M3 chip and enhanced AI capabilities; UAE customers can pre-order now, with in-store availability starting March 12.
Abu Dhabi ADGM reports 32% rise in company registrations
Abu Dhabi’s financial hub ADGM saw a 32% surge in company registrations in 2024, driven by growing private equity ties and a threefold increase in assets under management.
Abu Dhabi’s Etihad Airways plans to announce IPO this week
Etihad Airways plans a $1 billion IPO, offering a 20% stake to fund expansion as Abu Dhabi strengthens its position as a global aviation and tourism hub.