Dubai saw almost 179m carats of diamonds traded in 2024
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Emirates Development Bank
Emirates Development Bank launches $272m fund to boost UAE SMEs
Emirates Growth Fund will invest up to $13.6m per UAE SME
Dubai World Islands
Dubai World Islands: e& to power high-speed internet, drone services and AI to Heart of Europe hotels
E& and Kleindienst Group team up to provide digital hospitality on Dubai World Islands
banking business
Emirates NBD gets RBI go-ahead to set up wholly owned subsidiary in India
The Dubai bank will be treated on par with local banks after establishing a WOS; It will be allowed to list on Indian stock markets, and acquire other companies
Global Village
Global Village Dubai ends with record 10.5m visitors
Global Village Season 29 ends with record visitor numbers
Make it in the Emirates
Make it in the Emirates 2025: UAE industrial exports pass $53bn as sector creates jobs and boosts economy
Industrial growth in the UAE is creating massive job opportunities and making major impact on national economy Make it in the Emirates attendees hear
Abu Dhabi
Abu Dhabi announces car manufacturing plans as it eyes $27bn automotive plan and 7,000 skilled jobs
Abu Dhabi Investment Office launches automotive industry plan as it targets major investment and manufacturing drive for motoring sector
Dubai Executive Council
Dubai launches $1.2bn PropTech Hub to power future real estate
The Dubai PropTech Hub will double the value of the sector
Al Ain
Dubai to slash journey times on major road with new bridge
RTA to build new bridge in Nad Al Sheba to cut Dubai journey times for thousands of motorists a day
Khorfakkan
UAE beach closed to swimmers after oil found in sea
Khorfakkan Municipality in UAE said Al Zubarah Beach would be temporarily closed to swimmers after oil detected
Pure Health
PureHealth invests $613m in local goods and services, eyes $3.5bn UAE spend
PureHealth investing in UAE goods and services as it expands healthcare sector businesses
Connectivity
UAE’s Orbitworks unveils AI-powered Altair satellite fleet to boost sovereign space capabilities
Orbitworks revealed plans to manufacture its Altair satellite fleet in the UAE
Dubai Higher Education Statistics
Dubai now has more than 42,000 students enrolled at 41 private higher education institutions
Dubai saw a 20 per cent increase in higher education student enrolment for the 2024–25 academic year
First Abu Dhabi Bank
FAB becomes first MENA bank to launch Oracle-Mastercard embedded finance solution
The collaboration combines the strengths of the two industry leaders to revolutionise B2B finance and payments processes
Bangladesh
India cuts key imports from Bangladesh: Report
The move comes amidst the growing rift in relations between the two neighboring South Asian countries
Abu Dhabi industrial sector
Abu Dhabi Industrial Strategy sees sector GDP pass $30bn
Abu Dhabi is seeing a massive increase in industrial business as economy diversifies
Moody's
US stock futures and dollar slide after Moody’s downgrade
The ratings agency dropped the US government from Aaa to Aa1, citing budget deficit concerns; Asian stocks fall, but DFMGI rise