The United Arab Emirates has achieved a remarkable milestone in attracting foreign direct investment (FDI), reaching an unprecedented $48.3 billion in 2025, according to statements from government officials. This impressive figure not only showcases the country’s growing appeal to international investors but also marks a significant leap in the UAE’s global ranking, positioning it as...
In a remarkable achievement, the United Arab Emirates has recorded an unprecedented foreign direct investment (FDI) inflow of Dh177.3 billion in 2025. This marks the fourth consecutive year of increasing investment, showcasing the UAE’s consistent appeal as a prime destination for foreign capital. With this significant inflow, the UAE has climbed to the 9th position...
Adnoc, the leading fuel retailer in the UAE, has announced its current strategy to invest in upgrading Shell’s service station network rather than diving into the establishment of a future electric vehicle (EV) charging infrastructure. While the push for sustainable energy and EV adoption is gaining momentum globally, Adnoc emphasizes that the appropriate conditions in...
In a notable trend within the UAE real estate sector, waterfront properties in Abu Dhabi have emerged as the highest-performing category according to recent insights from Vertex Holdings. The chairman of the company highlighted that a combination of economic diversification efforts, enhanced regulatory frameworks, and a constricted supply of high-quality seaside properties has made this...
The tape storage market in the Middle East and Africa is on track for significant growth, with projections indicating an increase from $420 million in 2026 to nearly $1 billion by 2034, reflecting a compound annual growth rate (CAGR) of 11.1%. This upward trend is indicative of a growing reliance on efficient data storage solutions...
The hospitality sector in the UAE has received a significant boost with the announcement of a $1.3 billion JW Marriott project in Ras Al Khaimah, unveiled by prominent developer Bhupender Patel. This ambitious initiative aims to establish a world-class resort that will cater to the growing demand for luxury accommodations in the region. The project...
The hospitality sector in the UAE has received a significant boost with the announcement of a $1.3 billion JW Marriott project in Ras Al Khaimah, unveiled by prominent developer Bhupender Patel. This ambitious initiative aims to establish a world-class resort that will cater to the growing demand for luxury accommodations in the region. The project...
Lionel Messi and Cristiano Ronaldo, two of football’s greatest icons, are shifting their focus beyond the pitch by investing in technology startups, particularly in AI and health tech. Both players aim to diversify their revenue streams and prepare for life after professional football, reflecting a broader trend among athletes who are increasingly looking at the...
AM Best, a global credit rating agency, has reaffirmed the high credit ratings of Orient Insurance PJSC and its key subsidiaries, Orient Insurance Company – Egypt and Orient Takaful PJSC. The agency assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” (Excellent) to these entities, noting a stable...
The UAE’s economy continues to show remarkable growth and stability despite facing various global and regional challenges, according to Saeed Al Hajeri, Minister of State at the UAE Ministry of Foreign Affairs. Al Hajeri emphasized that the fundamental strengths of the UAE economy—robust historical foundations, enhanced global connectivity, and agility in adapting to market changes—are...