Latest business news from the UAE and Gulf region all in one place.
We cover markets, economy, startups, investments, and key industry trends.
Stay updated on what’s shaping the business world. Whether you’re an investor, entrepreneur, or professional, our news keeps you ahead.
We bring you reliable, fast, and clear updates so you never miss important developments. Explore opportunities, track market movements, and stay informed about the latest business trends in the UAE.
UPPERNEWS is your go-to source for everything happening in the world of business and economy.
Category: Business
The Sharjah FDI Office, known as Invest in Sharjah, has introduced ‘Sharjah AcquireHub’, marking the region’s first government-backed digital platform designed to streamline mergers and acquisitions (M&A) in Sharjah. This initiative, developed in partnership with Transworld Business Advisors, aims to boost economic growth, enhance market resilience, and attract high-quality investments to Sharjah by providing a...
In a significant development for financial collaboration, the Indian Business & Professional Council (IBPC Dubai) hosted Mr. Sundararaman Ramamurthy, Managing Director and CEO of the Bombay Stock Exchange (BSE), for the inaugural UAE-India Capital Connect Series. This event highlights a renewed commitment to enhancing economic ties between the UAE and India. The event attracted a...
Nativ, an online shopping platform in the United Arab Emirates (UAE), has launched a new segment to promote locally made products. This platform aims to become a central space for consumers to discover homegrown talent by featuring a growing number of home-based vendors alongside established local brands. With exclusive listings for locally sourced products, Nativ...
British luxury homeware brand LUSSO is accelerating its global expansion with a strategic entry into the UAE, as part of a bold five-year plan aimed at achieving a valuation of £1 billion. This announcement comes after a year in which the company exceeded its financial targets by 10 percent and expanded its international reach, now...
The fourth edition of ‘Make it in the Emirates’ has successfully concluded in Abu Dhabi, revealing new industrial projects valued at over AED 11 billion. The event took place over a period of four days and marked a significant milestone in promoting local industry. Credit: Economy Middle East During the event, more than 187 agreements...
The Ministry of Industry and Advanced Technology (MoIAT) has successfully secured over AED 40 billion in bank partnerships aimed at fostering industrial innovation in the UAE. Dr. Sultan bin Ahmed Al Jaber, the Minister of Industry and Advanced Technology, oversaw the signing of five Memoranda of Understanding (MoUs) with various financial institutions. These partnerships are...
The Dubai Multi Commodities Centre (DMCC) has reported a significant growth of 13 percent in the number of companies from Singapore that have joined its international business district in the past twelve months. This increase highlights the attractiveness of the DMCC to businesses looking to expand their operations in the UAE. Credit: WAM DMCC officials...
The Dubai Multi Commodities Centre (DMCC) has reported a 13% increase in the number of companies from Singapore. This announcement follows DMCC’s first-ever roadshow in Singapore, which was aimed at promoting Dubai as a top business destination. Credit: Government of Dubai Media Office During the roadshow, DMCC signed a partnership agreement with Hawksford, a leading...
New York-based Elevate has successfully acquired RISE Group, which is a marketing and commercial services consultancy located in Riyadh and Dubai. The financial details of the acquisition remain undisclosed, and the deal is subject to customary regulatory approval. This acquisition signifies Elevate’s entry into the Middle East and North Africa (MENA) region, as the company...
Emirates Stallions Group (ESG) has announced a significant expansion of its operations in the Gulf Cooperation Council (GCC) through a 16-year agreement for the usufruct rights of 13 000 square meters of warehouse space in Saudi Arabia. This acquisition was disclosed in a press release and involves two warehouse facilities with areas of 7 448...