Browsing: Business

Startups in Abu Dhabi’s Hub71 ecosystem raised a record-breaking $2.17bn (AED8.02bn) in 2023, according to its 2024 Impact Report.

GFS Developments, a global real estate leader with over 25 years of experience, marked its UAE debut with an exclusive launch in Dubai, highlighted by a Meet & Greet with Pakistani star Ayza Khan.

Raising AED 7.5 billion (USD 2 billion) in its initial public offering (IPO) in December 2024, Talabat has become the latest unicorn.

ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has entered a strategic alliance with noon, the region’s leading digital platform

Abu Dhabi Islamic Bank (ADIB) recorded a strong double-digit increase in net profit for the first quarter of the year, supported by a rise in lending activities and greater earnings from fees and commissions.

Dubai has introduced a significant new public health law aimed at enhancing the well-being of its residents and visitors.

Emaar Malls Management (LLC) has launched a rent support scheme for food and beverage outlets with terraces overlooking the Lake and Fountain areas at Dubai Mall and Souk Al Bahar, following the closure of the Dubai Fountain.

In his role as Chairman of the Executive Council of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, issued Executive Council Resolution No. (27) of 2025

Adnoc Distribution, a prominent fuel and convenience retailer, has announced a significant scale-up of its electric vehicle (EV) charging network—from 53 chargers in 2023 to over 200 by the end of 2024.

Microsoft and du have announced a partnership to establish a state-of-the-art data centre in Dubai, valued at approximately AED 2 billion (USD 545 million).