Entrepreneur Middle East Staff | Page 6

Gross credit rose 2.5% to AED2,695.6 billion from AED2,630.7 billion, driven by a AED52.4 billion increase in domestic credit.

H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture), inaugurated the 20th edition of Art Dubai at Madinat Jumeirah on May 14.

Ma’an by Majid Al Futtaim has announced its first cohort, including 27 UAE-based creative businesses.

Finance usually changes at the edges before the center admits anything has moved. The next serious shift in money is happening where inflation, currency friction, limited banking access, and cross border restrictions turn financial infrastructure into a daily constraint. This is the space Reni Achkar has chosen to build through Cantor8, between regulated finance and […]

Government contracts awarded to RUWAD member projects totalled AED2.32 million during the first quarter, compared to AED1 million during the same period last year.

Dubai also recorded progress in 16 out of 20 technology indicators and advanced across all four pillars of technology governance in the 2025 report.

kidney.com was developed in collaboration with more than 30 nephrologists, physicians and nurses across 13 countries, and underwent more than 14,000 chat interactions during its testing phase ahead of launch.

The transaction is expected to close in early Q3 2026, subject to regulatory approvals and customary conditions.

A new DeFi protocol is giving retail investors access to strategies once reserved for hedge funds, and it is building on the infrastructure that Wall Street’s biggest names already trust. There is a persistent myth in finance: that the most powerful investment strategies are simply too complex, too expensive, or too exclusive for ordinary people […]

The global investment conglomerate purchased a 22.27% equity stake in Emaar, increasing its total ownership to 29.73%.

Built on the company’s Munsit Arabic automatic speech recognition model, Munsit Edge enables real-time transcription across major Arabic dialects on consumer hardware.

Under the agreement, purchasers of units at ENTA Mina will be issued an investor visa and a trade license covering more than 1,500 approved business activities.

Interhash, founded by Alexander Lozben, operates in the cryptocurrency mining sector across multiple regions, including Europe, the Middle East, and Asia, and has expanded its presence in the US.

Abu Dhabi Commercial Bank served as the sole arranger and sole lender of the facility, which is backed by portfolios of trade receivables across TruKKer’s operating markets.

Construction is scheduled to begin in July 2026, with completion targeted between the fourth quarter of 2027 and the first quarter of 2028.

UAE GEMS positions itself less as a traditional promotion and more as a coordinated demand-generation moment within the UAE’s food delivery ecosystem.

Vision Golfe 2026 takes place in a moment when geopolitics is no longer a backdrop to commerce, but a direct input into economic decision-making, from export controls and investment screening to industrial policy and supply-chain security.

The combination of record-breaking Q1 growth and a post-conflict recovery serves as a blueprint for Dubai’s stability and its status as a destination for global capital.

The record number of membership renewals underlines Dubai’s strong capacity to adapt to global shifts, supported by a forward-looking vision that prioritises sustainable growth, competitiveness, and business resilience.

At the real GDP level, the non-oil sector accounted for 70.7%, compared to 29.3% for the oil sector.

The Ministry has also amended eInvoicing accreditation rules to enable local companies to partner with international providers, supporting knowledge transfer and accelerating the UAE’s digital transformation.

The founder of Relate Consultancies on building businesses across transport, travel, property, and consultancy—and now helping foreign nationals and international companies establish and grow in the UAE.

The acquisition is part of Arada’s AED2 billion commitment to expand Reem Hospital’s healthcare services across the UAE.

MoIAT, EDB, and ADNOC sign an agreement at Make it in the Emirates 2026 to expand local manufacturing and strengthen supply chains.

AC3D, Electrogenos Magan Ltd, and Waverity were named winners on May 6.

As part of the partnership, WHOOP will establish an office in the UAE, expand its Advanced Labs offerings, introduce full Arabic localization across its digital platform, and launch the WHOOP-Mubadala Health Research Initiative.

ROX has set a target to reach annual production capacity of 300,000 units by 2030, contributing up to 10% to the UAE’s Operation 300Bn initiative .

As part of the initiative, Visa will be introducing “Neighborhood Legends,” a content series featuring businesses in Al Satwa, Al Quoz, and Al Barsha across dining, retail, lifestyle and creative services. 

The system is designed to help clinicians identify early signs of disease, simulate interventions, and guide treatment decisions using a continuously evolving health model.

One year after its debut at Make it in the Emirates 2026, Emirates Growth Fund launched the National Champions Program (NCP), a trilateral initiative developed alongside the Ministry of Industry and Advanced Technology and the Ministry of Economy and Tourism to identify and systematically scale the UAE’s most capable industrial SMEs. At the same time, EGF signed a strategic industrial resilience agreement […]