Gold purchases in the United Arab Emirates surged by 25.3% in the second quarter of 2026 compared to the previous quarter, amounting to 10.9 tonnes. This remarkable increase is primarily attributed to heightened consumer interest in gold bars and coins, with many looking to the precious metal as a viable investment option amid fluctuating economic...

The global quantum computing market is set for significant expansion, with projections estimating growth from $1.97 billion in 2026 to $15.57 billion by 2034. This remarkable growth represents a compound annual growth rate (CAGR) of 29.5% during the forecast period. The accelerating interest in quantum technologies underscores a pivotal shift in several industries, particularly in...

In a strategic move to bolster the UAE’s economic landscape, Dubai Customs has successfully transformed its operations into a competitive advantage, as highlighted by the 2026 Competitiveness Report. This report underscores the pivotal role that efficient customs procedures play in enhancing trade velocity, fortifying supply chain resilience, and improving the overall quality of government services...

The startup landscape in the MENA region is experiencing a significant revival, with fresh funding pouring into companies operating in gaming, fintech, and artificial intelligence. This surge in capital is not only a sign of increased investor confidence but also reflects a broader trend in technological innovation across various sectors. Recent moves in the region...

In a remarkable showing of interest, nearly 700 applicants are vying for just 30 positions in the Global Shapers program in Abu Dhabi. This initiative, developed by the World Economic Forum, aims to empower young leaders to create positive change in their communities through collaborative projects and initiatives that bridge different sectors. The Global Shapers...

Miami startups eyeing investments from the Gulf region are beginning to understand a vital ingredient in securing funding: trust. Jeannette Paulino, a prominent figure in the investment community, emphasizes that in this culturally rich and distinct market, establishing credibility and nurturing relationships are critical to attracting capital. The Gulf investment landscape is characterized by a...

The United Arab Emirates (UAE) is making notable strides to enhance its position on the global trade stage by expanding its economic and trade partnerships. This initiative aligns with the nation’s broader strategy to bolster the openness of its economy and diversify its export markets. In recent years, the UAE government has implemented various initiatives...

AD Ports Group, a frontrunner in integrated trade and logistics solutions, has achieved a remarkable net profit of AED 836 million for the second quarter of 2026, marking its highest quarterly performance to date. This impressive result showcases the company’s robust adaptability and resilience in the face of ongoing geopolitical and macroeconomic uncertainties. The results...

Alif Group, a versatile business entity founded in Pakistan, has established a significant presence in the UAE market, providing a diverse range of services including audit, taxation, corporate advisory, technology solutions, and investment options. This growth trajectory not only highlights Alif Group’s adaptability but also indicates its strategic positioning within the rapidly evolving business landscape...

AD Ports Group has demonstrated robust financial performance in the second quarter of 2023, posting a profit of AED 596.7 million and total revenue of AED 7.08 billion. This performance stands out even in the face of declining cargo volumes within the UAE, largely attributed to disruptions in the Strait of Hormuz. The company’s ability...