Zapp to launch in Dubai
Zapp aims to enter the UAE market in 2024, eyeing partnerships with Talabat and Careem as it expands its premium delivery service in the Middle East.
UAE deepens influence in Crypto World
Abu Dhabi’s MGX acquires a stake in Binance as the UAE deepens its crypto footprint, with major investments in Bitcoin ETFs, blockchain firms, and Web3 innovation.
Ninety One’s Top Fund Buys UAE Stocks
Ninety One's Emerging Markets Equity Fund increases UAE stock holdings, favoring real estate, banking, and tech sectors as investors seek stability away from U.S. tariffs.
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 strengthens its global leadership in artificial intelligence
Dubai Police warns of severe penalties for red light violations, including AED 50,000 fines, black points, and vehicle impoundment to enhance road safety.
Dubai ranks first in the world in attracting investment
Dubai leads the world in FDI projects, attracting $14.24 billion in 2024, reinforcing its status as a top global investment and business hub.
Dubai Customs Seizes 10.8 Million Counterfeit Goods in 2024
Dubai Customs strengthens anti-counterfeit efforts with 54 seizures, training programs, and smart technology to safeguard intellectual property and trade.
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.