Talabat is preparing for a billion-dollar Dubai IPO, driven by the MENA’s surging demand for digital delivery. Delivery Hero’s strategic debt reduction will be a key factor in how well the IPO performs on the DFM.
Banks across the GCC — including in Saudi Arabia, Qatar, Bahrain, and the UAE — have mirrored the US Federal Reserve's rate cut, with interest rate reductions aiming to bolster credit-driven growth in the Gulf.
The UAE cuts its base rate following the Fed's recent move, aligning policies to tackle inflation while maintaining short-term lending flexibility. This decision signals UAE’s adaptive approach to global economic shifts.
ADNOC L&S strengthens its global logistics fleet with a $4.4 billion contract to build supertankers, advancing its low-carbon and AI-driven maritime strategy.
Microsoft has partnered with the UAE to train a million residents in AI, targeting workforce productivity and digital growth; the UAE has reiterated its ambitious vision for a tech-driven future.
Emirates Group has reported unprecedented growth in profitability, revenue, and customer demand, with a strong half-year performance fueled by new routes, sustainability initiatives, and extensive investments in premium services.
UAE leaders Sheikh Mohammad bin Zayed and Sheikh Mohammad bin Rashid have congratulated Trump on his re-election as U.S. president, looking toward a future of mutual cooperation and regional stability between the U.S. and the Emirates.
Lulu Retail’s record-breaking IPO raises AED 6.32 billion, with robust investor interest signalling strong confidence in the UAE retail giant’s growth potential.
The UAE banking sector has achieved record capital reserves of over 500 billion dirhams, with foreign and national banks collectively bolstering the economic landscape.
The UAE has mandated a nationwide measles booster campaign to safeguard public health and align with global eradication goals, focusing on high immunisation rates for children. Schools are urging parents to prioritise vaccinations.
