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Business & Economy

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Business & Economy

Dubai Launches Self Driving Taxis in Jumeirah and Umm Suqeim

Dubai’s autonomous ride‑hailing service expands to the upscale Jumeirah and coastal Umm Suqeim districts, offering residents a glimpse of driverless mobility backed by local regulator approval and partnerships with global tech firms.

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Business & Economy

Emirates Nbd Secures Approval for Majority Stake in India’s Rbl Bank

Emirates NBD has received regulatory clearance to acquire a controlling interest in India’s RBL Bank, marking a significant cross‑border expansion that could boost the UAE lender’s earnings and deepen financial ties between the two markets.

Business & Economy

Emirates Auckland Route Joins World’s Ten Longest Flights

Emirates’ non‑stop service between Dubai and Auckland now ranks among the ten longest scheduled flights globally, highlighting the carrier’s focus on ultra‑long‑haul connectivity and its impact on UAE tourism and trade.

Business & Economy

Modon and Montage Unveil Luxury Resort Project on Egypt’s RAS El Hekma

Abu Dhabi‑based Modon has partnered with international brand Montage to develop a high‑end resort on Egypt’s Red Sea coast, marking a significant UAE‑led investment that could boost regional tourism flows and diversify Emirati construction portfolios.

Business & Economy

Sharjah-Oman Corridor Boosts UAE Trade Flow

The new Sharjah‑Oman logistics corridor, spanning 120 km of upgraded road and rail links, is set to cut freight times by up to 30 percent, offering UAE exporters faster access to Gulf ports and inland markets across the GCC.

Business & Economy

UAE Landlords can Access Tenants’ Credit Scores with Consent

A new federal decree permits property owners across the UAE to request a prospective tenant’s credit score, provided the applicant gives written consent, aiming to reduce rental defaults and bring greater transparency to the leasing market.

Business & Economy

Dubai Realty Gains Momentum as Buyers and Tenants Return

Dubai’s residential market shows a clear upswing, with transaction volumes rising 18 % year‑on‑year and rental yields stabilising above 5 % as both local buyers and expatriate tenants move back into the city.

Business & Economy

UAE Central Bank Lifts 2026 GDP Forecast to 5.6% on Non-Oil Strength

A revised projection from the regulator points to faster expansion than the IMF reading, driven by trade, banking and tourism rather than crude. Non-oil foreign trade jumped 24.6 percent year on year in the first nine months of 2025.

Business & Economy

GCC Fintech Defies the 2026 Funding Slowdown

Fintech captured 46% of GCC venture capital in Q1 and led sectoral funding for four straight months. Saudi open-banking licences and Tabby's Series E have made the category structurally stronger.

Business & Economy

DFSA's Updated Crypto Token Rules Push Suitability Onto Firms

Dubai's DFSA scrapped its Recognised Crypto Tokens list in January. From now on, DIFC-licensed firms write and own the suitability assessment, with the regulator policing the framework, not the list.

Business & Economy

UAE Captures 66% of MENA Startup Funding in Q1 2026

Startups headquartered in the UAE raised $625.8 million across 46 deals in the first quarter, locking in two-thirds of MENA venture capital. Fintech took the largest slice.

Business & Economy

UAE Joins World's Top AI Hubs in Stanford AI Index 2026

The Stanford AI Index 2026 places the UAE among the leading global hubs for artificial intelligence, citing strong adoption, rising talent inflows, and expanding institutional support.

Business & Economy

Why AI Engineers Are Choosing the UAE in 2026

AI engineers are choosing the UAE in 2026 for very practical reasons. Here is a clear-eyed look at what is pulling them in and what still needs work.

Business & Economy

Why UAE Banks Are Quietly Leading on AI Adoption

UAE banks are deploying AI faster than most regional and global peers. The story is not in the marketing — it is in fraud, credit, and customer ops.

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