Ignyte, Dubai's dynamic new platform, empowers startups with access to global investors, mentors, and exclusive perks, driving entrepreneurial growth. Created by the DIFC, it bridges gaps between entrepreneurs and key stakeholders in Dubai’s expanding digital economy.

Abu Dhabi and Dubai ranked first globally for ease of entry, driven by open immigration policies that attract top talent. GCC cities thrive in services and innovation, leading economic diversification efforts.

GCC IPOs raised $1.7 billion in Q3 2024, led by NMDC Energy in Abu Dhabi and several key offerings in Saudi Arabia. Q4 promises more activity with Lulu Hypermarket and Talabat set to list.

LuLu Group is launching a three-tranche IPO, offering 25% of its stake on the Abu Dhabi Securities Exchange starting 28 October 2024. The retail giant aims to raise between $1.7 and $1.8 billion, with plans to allocate shares to employees and pay a 75% dividend on annual profits.

MOSCOW (The Thursday Times) — President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russian President Vladimir Putin held high-level discussions in Moscow...

The UAE and Ireland have signed two agreements to strengthen cooperation in fighting organised crime and facilitating extradition. The treaties streamline legal processes and enhance mutual legal assistance, reinforcing their partnership in combating transnational crime.

First Abu Dhabi Bank (FAB) reported a Q3 profit of AED 4.46 billion, exceeding estimates due to higher revenue growth, despite a rise in impairment charges. Total assets grew to AED 1.2 trillion, reinforcing FAB’s position as the largest lender in the UAE.

The UAE Ministry of Justice is pioneering a 'virtual lawyer' project, the first in the region, using AI to streamline legal procedures in simple cases. This initiative promises to accelerate litigation, enhance legal services, and future-proof the UAE’s judicial system.