Gross banks’ assets increased by 1.4% from AED 5,339.9 billion at the end of December 2025 to AED 5,413.6 billion at the end of January 2026, according to a report on the Monetary & Banking Developments – January 2026 issued by the Central Bank of the UAE (CBUAE). The report...
Kingdom Holding Co. (KHC) said construction progress on Jeddah Tower is proceeding according to schedule, with exterior cladding works currently underway, alongside ongoing mechanical, electrical, and plumbing (MEP) works. In a statement, the company added that the tower reached the 91st...
Dubai Chambers has explored ways to strengthen economic relations between the business communities in Dubai and the Czech Republic during a meeting with a delegation led by Petr Michal, President of the Prague Chamber of Commerce. Both parties reaffirmed their commitment to expanding...
Sharjah’s real estate sector delivered outstanding results during Ramadan 2026, with total transaction value reaching AED4.6 billion, marking a significant 71.8% increase compared to AED2.7 billion recorded during Ramadan 2025. This strong performance highlights sustained market momentum, driven...
ADNOC and OMV Aktiengesellschaft (“OMV”) today announced strong progress towards the formation of Borouge Group International AG, including the signing of an Asset Usage Agreement (the “Agreement”) for the Borouge 4 (“B4”) production complex. The formation of Borouge Group...
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, chaired a high-level coordination meeting held by the Ports, Customs and Free Zone Corporation (PCFC) at its headquarters in Dubai with officials from global shipping companies operating in the UAE and representatives of shipping...
Al Moammar Information Systems Co. (MIS) said it won a project with National Water Co. (NWC) valued at SAR 64.83 million, inclusive of VAT. In a statement to Tadawul, MIS said it will provide IT services under the project and expects to sign the contract on April 16. The company added it...
As enterprises accelerate the adoption of AI from experimentation to mission-critical operations, trust has become the defining factor of success. Quality, security, and responsible governance are now foundational requirements for enterprise AI deployment.Magure, a UAE-based enterprise AI company,...
Over the past decade, Trescon has evolved from a startup founded in Bengaluru to one of the Middle East’s most trusted partners for government-backed business platforms. As it marks its 10-year milestone, the company reflects on a defining partnership with Dubai — and outlines its expansion...
Complimentary visitor registration is now officially open for the London Proptech Show, set to take place on 24–25 March 2026 at ExCeL London. Bringing together property developers, PropTech innovators, investors, urban planners, policymakers, and technology providers from around the world, the...