August 6, 2026
UAE

Business

Business News

ADNOC and BP are deepening their collaboration to support global energy security and unlock new growth opportunities.

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, welcomed Murray Auchincloss, CEO of BP, at ADNOC Headquarters in Abu Dhabi. During the meeting, the two leaders discussed opportunities to further strengthen the long-standing strategic partnership between ADNOC and BP. Discussions focused

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Business News

Connect Money Partners with Visa to Expand Digital Payment Solutions Across Egypt

Cairo — Connect Money, the fintech company co-founded by entrepreneur and Endeavor board member Ayman Essawy, has signed a strategic partnership with Visa aimed at expanding Visa-powered payment and card solutions across Egypt. The collaboration is expected to accelerate the development of Egypt’s digital financial infrastructure by delivering seamless, secure, and scalable payment experiences for

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Business News

MAF Group and Midar Sign $4 Billion Egypt Development Deal

UAE-based Majid Al Futtaim has signed a strategic partnership agreement with MIDAR for Investment and Urban Development to develop a major mixed-use destination within MADA City in New Cairo, marking one of the largest foreign-backed real estate investments announced in Egypt this year. The project will attract investments exceeding $3.1 billion, with its total development

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Business News

Visa Strengthens She’s Next Platform in Egypt, with Malak El Baba Supporting Female Founders

Visa is strengthening its commitment to supporting women entrepreneurs in Egypt through the expansion of its global She’s Next initiative, in collaboration with Shark Tank Egypt and CIB Business Banking. The partnership aims to create new opportunities for female founders by providing greater access to funding, mentorship, and business development resources. As part of the

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Business News The CEO

Sheikha Bodour Al Qasimi Praises Shurooq Team for Driving Sharjah’s Investment and Development Vision

SHARJAH – Her Highness Sheikha Bodour bint Sultan Al Qasimi expressed her sincere appreciation to the team of the Sharjah Investment and Development Authority (Shurooq) for their outstanding efforts in advancing investment opportunities and supporting sustainable development across the Emirate of Sharjah. During a recent meeting with Shurooq employees, Sheikha Bodour highlighted the vital role

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Business News

Hamdan bin Mohammed Reviews DIFC’s Innovation Strategy and Global Growth Ambitions

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, visited Dubai International Financial Centre (DIFC) to review its strategic priorities and future growth plans. During the visit, His Highness received a briefing on DIFC’s client-centric strategy and its ambition to

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Business News The CEO

Ferrari CEO defends €550K price tag for the brand’s first EV

Ferrari is entering a new era of luxury mobility with the upcoming launch of its first fully electric vehicle, the “Luce.” Despite the model’s staggering €550,000 price tag (around $640,000), Ferrari CEO Benedetto Vigna says customer demand has already been strong — particularly among a new wave of ultra-high-net-worth buyers. Speaking during a roundtable discussion

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Business The CEO

An Inspiring Talk with Aerospace Engineer Marwa Al Mamari

Marwa Al Mamari’s journey is one of courage, persistence, and breaking barriers. Recognised as one of the pioneering Emirati women in the field of aerospace engineering, she has become a powerful symbol of how Emirati women continue to shape the nation’s progress across science, technology, and innovation. From stepping away from the traditional path expected

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Business News

Emirates breaks ground on $5.1bn MRO mega-site at Dubai South

Emirates has officially broken ground on a massive AED 5 billion aviation engineering complex at Dubai South, marking a major milestone in the emirate’s long-term aviation and infrastructure expansion plans. The new facility is expected to become one of the region’s largest and most advanced aviation engineering hubs, supporting aircraft maintenance, repair, and overhaul operations

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Business News

Latifa bint Mohammed launches landmark ‘Museum of Digital Art’

GCC Business Hub- WAM: H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture), launched the Museum of Digital Art (MODA), a landmark addition to Dubai’s cultural landscape and the region’s first museum dedicated to digital art and new technologies. Located within the DIFC Zabeel District expansion

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