Agility Global PLC has announced that its subsidiary, Menzies Aviation, has signed an agreement to acquire 100% of the American company Secure Staff G2 for AED 1.1 billion, which is equivalent to approximately USD 305 million. Additionally, there will be a conditional payment of AED 36.7 million, or USD 10 million, scheduled for 2026, contingent...
Burjeel Holdings, a prominent healthcare provider in the UAE, has partnered with the US-based non-profit Caring Cross to locally produce CAR-T (Chimeric Antigen Receptor T-cell) therapies. This collaboration will lead to a significant reduction in treatment costs for aggressive cancers, such as leukemia and lymphoma, making therapies available at up to 90% less than current...
Mediclinic Middle East, a prominent private healthcare provider in the UAE, has unveiled plans for a significant investment exceeding Dh120 million at its flagship facility, Mediclinic Airport Road Hospital in Abu Dhabi. This investment will be directed toward enhancing and expanding the hospital’s healthcare infrastructure, thereby improving access to high-quality medical services for patients and...
Seesaw, a leading global company focused on PreK-12 learning experiences, has announced its acquisition of Little Thinking Minds, an edtech startup based in the MENA region that specializes in Arabic literacy solutions. This strategic move is expected to enhance Seesaw’s presence in the MENA region, where it is already trusted by over 25 million educators,...
National Finance, a leading finance company in Oman, has established a strategic partnership with the International Finance Corporation (IFC), part of the World Bank Group. This partnership, announced during a signing ceremony in Muscat, aims to promote sustainable development goals in Oman and aligns with the country’s Vision 2040. The collaboration includes a significant $120...
Emirates SkyCargo, the cargo division of Emirates Airline, has announced the launch of a dedicated weekly freighter service to Narita International Airport in Japan. This new service is part of the airline’s strategy to enhance its global logistics network and meet the growing demand for air freight. The introduction of this freighter service signifies Emirates...
BridgeWise Launches UAE Operations with DIFC License and Investment from Emirates NBD, an AI-powered investment intelligence platform, has officially launched its operations in the UAE after securing a license from the DIFC. This achievement marks a significant step in the company’s global expansion strategy and enhances its position in one of the world’s leading fintech...
AIREV, a rapidly growing artificial intelligence start-up based in the UAE, has secured an investment from the Irish venture private equity firm Venturewave Capital. This funding will support AIREV’s expansion as it develops one of the world’s first AI operating systems, called ‘On-Demand’. The investment will allow AIREV to explore new market opportunities both in...
Tech startups in the UAE secured a remarkable total of $872 million in funding during the first quarter of 2025. This marks an incredible 865 percent increase from the $90.5 million raised in the same quarter of 2024, as well as a substantial 194 percent rise compared to the $297 million raised in the fourth...
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan recently met with Hristijan Mickoski, the Prime Minister of North Macedonia, at Qasr Al Shati in Abu Dhabi. The discussions focused on enhancing cooperation across several key sectors, including the economy, trade, tourism, renewable energy, and investment, according to the UAE’s national news agency, Wam....