Dubai’s Omniyat secures $100 million private loan
Nomura provides a $100 million loan for Omniyat’s Dubai real estate project, marking the Japanese bank’s first Middle East property deal amid the region’s real estate boom.
Abu Dhabi boosts minerals with $1.2 billion investment
ADQ and Orion Resource Partners launch a $1.2 billion mining investment firm to secure critical minerals, focusing on Africa, Asia, and Latin America.
Abu Dhabi’s Eagle Hills plans $6 Billion Georgia projects
Eagle Hills plans large-scale developments in Tbilisi, Batumi, and Gonio, boosting Georgia’s economy with new housing, retail, and commercial spaces.
Abu Dhabi’s MGX funds Trump’s $100 Billion AI Plan
UAE’s MGX, led by Sheikh Tahnoun, joins OpenAI, SoftBank, and Oracle in Trump’s AI plan, reinforcing Abu Dhabi’s push for global artificial intelligence dominance.
Oracle to fivefold increase investment in Abu Dhabi on AI
Oracle plans a fivefold increase in investment in Abu Dhabi to meet rising AI and cloud demand, as global tech firms expand their presence in the Middle East.
UAE in talks with Kenya to extend railway to Uganda
Kenya and the UAE discuss extending the standard gauge railway to Uganda and South Sudan, aiming to enhance regional trade and economic integration.
Dubai property price growth to slow in 2025
Dubai home prices are expected to rise by 8% in 2025, down from 20% last year, as developers grow cautious and affordability challenges impact market demand.
UAE billionaire sees more investment from Gulf
Dubai-based billionaire Hussein Sajwani plans a $20 billion investment in US data centers, citing Trump’s pro-business policies as a key factor driving more Gulf investments in AI and real estate.
UAE VC funding falls as investors shift
VC funding in the UAE dropped 8% to $613 million in 2024, reflecting a regional trend of fewer late-stage investments and increased focus on early-stage startups.
UAE stock market capitalization grows 7.14% in 2024
Dubai and Abu Dhabi’s stock markets saw a 7.14% increase in 2024, driven by IPOs, foreign investment, and a strong economic outlook for 2025.