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His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, approved the emirate’s 2025 general budget, totalling AED 42 billion—the largest in Sharjah’s history.

The UAE’s Islamic finance sector benefits from a dynamic economy and advanced regulations supporting Sharia-compliant activities. Since the establishment of the first Islamic bank in 1975, the sector has significantly grown, now representing a vital part of the national economy. It includes Islamic banks, Islamic windows in conventional banks, and sukuk (Islamic bonds), all of which have expanded both domestically and internationally.

Elite Group Holding has signed a musataha agreement to build a 1 million square foot integrated facility in Dubai Industrial City, valued at AED 100M ($27.2M). This project aims to drive growth in the UAE’s automotive and e-commerce sectors, reinforcing the company’s commitment to innovation and sustainable business practices.

Digital Dubai has today formalised a strategic partnership agreement with the Dubai Future Foundation, underscoring the shared commitment of both organisations to developing national capabilities that can foresee and shape the future through innovative concepts, technologies, skills, and tools.