The stake acquisition deal will be made through Lunate’s Long-Term Capital Fund I
Latest News
AI adoption
DeepSeek vs. ChatGPT: Which AI model is better?
DeepSeek’s capabilities appear to match or exceed those of established AI platforms in several key areas
Ammonia
Petredec and Bahri forge strategic partnership to address Saudi LPG, ammonia shipping demands
The two companies will establish a dedicated joint commercial team
Branded residences
Kerten Hospitality reveals 2025 growth strategy
The company’s expansion includes the launch of Cloud 7 Hotel in Rome and developments in Morocco, which align with the country’s preparations for the FIFA 2030 World Cup
Dubai
Dubai real estate: Expo 2020 pavilions transform into AED 1.71mn luxury homes
The Expo City Dubai development, named after the Al Waha canopies surrounding the properties, comprises one and two-bedroom units located near the city’s business district
Dubai
Dubai real estate: Sobha Realty launches new Motor City residences ‘Sobha Solis’ with Arsenal Gym
The project incorporates Sobha Realty’s backward integration model for quality control and design
Arab Health
Arab Health rebrands as WHX Dubai
The rebranding is to represent a transformative vision for the next 50 years of global healthcare collaboration and innovation
AI adoption
DeepSeek impact: Experts advise calm, diversification as Middle East investors scramble to reshuffle portfolios
They also suggested using ETFs-route for broader exposure to mitigate risks in the current market scenario
AI adoption
DeepSeek: What is China’s new AI model about? Everything you need to know
Here is everything you need to know about China’s new AI model DeepSeek
AI
UAE firms developing strategies to adopt AI technology, massive investments readied but talent shortfall a concern
UAE companies are developing strategies to deploy AI in the workplace
Prestige One Developments
UAE real estate: Prestige One Developments to launch 11 new projects in 2025
Prestige One Developments plans expansion in the UAE
ACRES Real Estate Exhibition
Sharjah real estate: Alef Group records $373.5m of sales at ACRES 2025
Alef Group reports impressive sales at the ACRES 2025 Sharjah Real Estate Exhibition
Aviation
Ras Al Khaimah Airport sees 28% growth as it welcomed 662,000 passengers last year
Ras Al Khaimah International Airport recorded a 28 per cent hike in passengers last year
Al Habtoor Group
UAE billionaire Khalaf Al Habtoor cancels Lebanon investments
UAE businessman makes ‘painful decision’ to cancel planned investments in Lebanon
blue-collar jobs
UAE recruitment: Rise in blue-collar and entry level jobs while white-collar roles decline, says report
The UAE recruitment sector has seen a contrast between blue-collar and white-collar jobs says the Innovations Group
UAE construction
UAE construction has $772bn of projects, infrastructure sector tipped to grow
Infrastructure and construction in the UAE are tipped to continue growth in the next five years
Careem
EXCLUSIVE: Careem Pay launches fee-free remittance service, undercuts traditional exchanges
The move comes as conventional exchange houses increased their fees by 15% last year