Elon Musk’s SpaceX is set to launch the Etihad-SAT, a satellite for the UAE, aimed at revolutionizing disaster management and environmental monitoring. The Mohammed Bin Rashid Space Centre (MBRSC) in Dubai announced that the Falcon 9 rocket will carry the satellite into orbit in the first week of March 2025 from Vandenberg Air Force Base...
Emirati sisters Qadreya and Maitha Al Awadhi have successfully turned their passion for healthy baby food into a thriving business called Bumblebee. Based in Dubai, Bumblebee offers freshly made, frozen food specifically designed for babies and toddlers aged six months to six years. The brand’s carefully crafted menu is developed by a pediatric nutritionist and...
The UAE banking sector demonstrated robust performance in 2024, characterized by a notable increase in lending and improved cost efficiency. According to a report by Alvarez & Marsal (A&M), the sector saw double-digit growth in lending, with a remarkable 12.6 percent year-on-year (YoY) increase across the top 10 banks. This growth was heavily influenced by...
Abu Dhabi Global Health Week (ADGHW), held under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has announced the launch of a Startup Zone and Smart Health Hackathon. These initiatives aim to provide researchers and health startups with...
Cleveland Clinic Abu Dhabi, a member of the M42 group, has reported a significant 35 percent increase in international patient visits in 2024. This growth highlights the hospital’s expanding reputation as a premier healthcare destination for patients from around the world. In 2024, the hospital not only welcomed more international patients but also enhanced its...
A Memorandum of Understanding was signed on February 27, 2025, between the Dhaka Chamber of Commerce & Industry (DCCI) and the Sharjah Chamber of Commerce and Industry. The signing took place at the Sharjah Chamber and aims to promote the export of Bangladeshi products to Sharjah while increasing bilateral investment. Taskeen Ahmed, the President of...
UAE developer Arada is contemplating an IPO in the future, according to its group chief executive, Ahmed Alkhoshaibi. This announcement follows the rapid sell-out of its new Dh5.6 billion ($1.52 billion) project in Sharjah, which saw all 2 000 units sold in just three hours, highlighting strong demand in the real estate market. Alkhoshaibi indicated...
Sharjah Media City, also known as Shams, has recently awarded a design contract for its forthcoming media production hub, Shams Studios. The design work will be carried out by STUDIOI, a UAE-based engineering firm recognized for its previous projects, including The Park Hyatt Hotel in Riyadh and SHA Island near Al-Jurf, Abu Dhabi. Rashid Abdullah...
Transguard Group has announced a strategic partnership with the DIFC Innovation Hub to enhance innovation in smart building solutions. This collaboration aims to redefine the future of intelligent infrastructure in the UAE by leveraging cutting-edge technologies that will improve efficiency, sustainability, and security within the built environment. The DIFC Innovation Hub serves as a vibrant...
Dubai-based venture builder Disrupt.com has announced a fund of US$100 million aimed at supporting technology startups that focus on artificial intelligence globally. This initiative is designed to foster early-stage ventures across various sectors, including AI, cybersecurity, Web 3.0, automotive technology, and retail innovation. Founded by Aaqib Gadit, Uzair Gadit, and Umair Gadit, Disrupt.com is specifically...