With $190M raised in Q1 2025, the UAE leads MENA in venture capital growth, backed by sovereign funds, fintech dominance, and strategic economic reforms supporting innovation.
Abu Dhabi hosts Goldman Sachs summit as hedge funds flock to Al Maryah Island, signaling its rise as a global capital hub with $1.7T in sovereign wealth and long-term cultural investments.
The UAE deepens ties with the U.S. to secure advanced semiconductor access, pledging $1.4 trillion in tech investments and positioning itself as a future AI leader in the Middle East.
Dubai Police warns of severe penalties for red light violations, including AED 50,000 fines, black points, and vehicle impoundment to enhance road safety.
The UAE leads the Arab world in material well-being, ranking 24th globally, thanks to high purchasing power, strong social protections, and financial security.
Sunny Varkey is a billionaire, philanthropist, founder and executive chairman of GEMS, chairman of the Varkey Group, trustee of the Varkey Foundation.
Biography
1957 — Varkey was born in Indian Kerala. His parents were Syrians who worked as educators.
1959 — Sunny...
Hussein Sajwani — founder and CEO of DAMAC Properties and DAMAC Group.
Biography
1953 — was born in Dubai, UAE. His parents worked in retail.
1981 — graduated from the University of Washington.
Hussein Sajwani’s religion is Islam.
Career
1981 — Started working in Abu...
Dubai ranks 28th among cities with the most billionaires, hosting 21, while the UAE ranks 22nd among countries with 24 billionaires, according to the 2024 Hurun Global Rich List.
Pakistan and the UAE are addressing visa rejections, document verification issues, and employment challenges to improve opportunities for Pakistani nationals.
Shamsheer Vayalil Parambath is an Indian entrepreneur and radiologist. He is the founder and chairman of Burjeel Holdings, one of the leading healthcare conglomerates in the UAE and a world-class private healthcare provider in the MENA region. He is...