US President Donald Trump in the UAE as the Whitehouse announces massive spending plans
UAE
Ras Al Khaimah real estate: Fairmont Residences Al Marjan Island sales to open on June 1 with $680,000 branded properties
Fairmont Residences Al Marjan Island goes on sale next month
SCOOP: Pure Ice Cream starts work on massive solar-powered $22m factory in Dubai
Hundreds of thousands of dollars to be invested in solar-powered ice cream factory in Dubai
Dubai simplifies driving licence services with digital transformation
Dubai streamlines driver licence services with updated applications, replacements, renewals and more
Etihad Rail to launch passenger service in 2026
Etihad Rail announces launch plan for UAE passenger train service
UAE Ministry of Sports launches AI platform ‘Sportifai’ for national sports governance
Sportifai was first introduced in March 2025 through a cooperation agreement between the Ministry and the UAE National Olympic Committee
Google and Hub71 to support AI startups in Abu Dhabi
AI startups in Abu Dhabi look to possible $300,000 funding boost from Hub71 and Google collaboration
Abu Dhabi’s Aldar launches first Waldorf Astoria-branded residences on Yas Island
Waldorf Astoria Residences Yas is a 133-unit luxury development on Yas Island, blending elegance with world-class amenities and a focus on sustainability
Ajman real estate transactions leap over 24% in a month to $122m
Ajman real estate transactions jumped in April as residential properties climb
EMSTEEL overcomes global headwind as domestic demand stays strong
Despite a 6% YoY decrease in average steel prices, the UAE manufacturer reports $600mn in revenue; Finished goods steel sales volumes rise 21%
Ohana Development reveals interiors of AED4.7bn Jacob & Co. branded beachfront residences
Prices to start from AED22 million for signature penthouses, which feature 180-degree views and expansive interiors
Trendyol, Zid join forces to grow revenue for SMEs in Saudi Arabia and UAE
Trendyol and Zid’s partnership provides Saudi and UAE merchants with tools to scale operations, reach new customers, and grow online
Sharjah’s economic department introduces AI trade name service, cutting processing time by 98%
Sharjah Economic Development Department uses AI to automate trade name issuance, enhance efficiency, and support entrepreneurship and digital transformation
Elon Musk’s Neuralink launches first international clinical trial in Abu Dhabi
The trial will be conducted at Cleveland Clinic Abu Dhabi in partnership with the Department of Health – Abu Dhabi
Space42 focused on building for future growth with its Four Pillars
Abu Dhabi-based SpaceTech company reveals its strategy for growth after muted Q1 result in which revenue fell 13% to $115mn
Deyaar posts 54% increase in net profit before tax for Q1 2025
Revenue increases 32% to $117.9mn, compared to $89.26mn in Q1 2024; Net profit before tax surges to $32.62mn from $21.13mn
Dubai real estate: Wasl reveals massive Jumeirah Golf Estates expansion with 12,000 new homes
Jumeirah Golf Estates’ ‘The Next Chapter’ masterplan spans 4.68 million sqm and includes branded residences, a new golf course, and extensive green spaces