News UAE

Dubai Founders HQ and Mastercard launch finance solution for startups and SMEs

News Editor 03/08/2026

Dubai Founders HQ has partnered with Mastercard, with support from Pemo, to introduce a new financial solution aimed at helping startups and small and medium-sized enterprises reduce costs, improve cash flow and manage business expenses more efficiently. Eligible companies can access more than

Banking

Emirates NBD Egypt to acquire HSBC Egypt’s retail banking business

News Editor 03/08/2026

Photo Credit : WAM Emirates NBD Egypt has entered into definitive agreements to acquire the retail banking business of HSBC Bank Egypt, in a move aimed at strengthening its position in the country’s banking sector. Emirates NBD Egypt is a wholly owned subsidiary of Emirates NBD Bank, while HSBC Bank Egypt is indirectly owned by […]

Energy UAE

AI transformation delivers tangible results, cuts insurance refund time to 8 mins: DEWA CEO

Miguel Hadchity 03/08/2026

Photo Credit: WAM Dubai, UAE — August 2026 — Dubai Electricity and Water Authority is reaping concrete benefits from its strategic roadmap to become the world’s first AI-native utility, according to Saeed Mohammed Al Tayer, Managing Director and CEO of DEWA. According to the Emirates News Agency, Al Tayer highlighted a series of measurable achievements driven […]

Real Estate

ADGM Activates Broker Classification Framework to Raise Real Estate Standards

News Editor 31/07/2026

Photo Credit : WAM The Registration Authority of ADGM has activated its Broker Classification Framework, aimed at improving professional standards and recognising high-performing real estate brokers operating within Abu Dhabi’s international financial centre. The framework assesses brokers through a structured set of criteria, including transaction activity, ongoing

News UAE

UAE Announces Petrol and Diesel Prices for August 2026

News Editor 31/07/2026

The UAE Fuel Price Committee has announced the retail prices of petrol and diesel for August 2026, introducing limited adjustments in response to movements in global energy markets. Under the revised pricing structure, diesel will cost AED 3.80 per litre, while Super 98 petrol has been set at AED 3.60 per litre. Special 95 petrol […]

News UAE

UAE Ministry of Interior Tests National Emergency Readiness in ‘Al Hosn’ Exercise

News Editor 31/07/2026

Photo Credit : WAM The UAE Ministry of Interior has conducted the 2026 strategic tabletop exercise “Al Hosn (15/3)” to assess national preparedness and strengthen the country’s emergency response capabilities. The exercise was organised by the ministry’s Federal Central Operations Department at the Dubai Police Officers Club. It brought together police general headquarters

Economy UAE

Nasdaq Dubai lists $13.8bn in fixed income instruments in H1 2026

Miguel Hadchity 31/07/2026

Photo Credit: WAM Dubai, UAE — July 2026 — Nasdaq Dubai recorded 33 new fixed income listings worth a combined $13.8 billion in the first half of 2026, with issuers ranging from sovereign entities and multilateral organizations to financial institutions and corporates. According to the Emirates News Agency, UAE-based issuers accounted for 57 percent of […]

News UAE

Sharjah Police inspect 200 fishermen’s trailers in road safety campaign

News Editor 30/07/2026

Photo Credit : WAM Sharjah Police has launched a two-day inspection campaign targeting trailers used by local fishermen, reinforcing efforts to improve road safety and promote regular vehicle maintenance. The initiative is being carried out in cooperation with the Sharjah Fishing Cooperative Society and with the participation of strategic partner Tasjeel – ENOC at the […]

News

Fed Holds Rates as Hawkish Signals Keep Markets on Edge

News Desk 30/07/2026

The Federal Reserve’s decision to hold interest rates at 3.50% to 3.75% was widely expected. However, three members dissenting in favour of a rate hike, combined with Chair Kevin Warsh’s deliberately limited forward guidance, left markets with more questions about the direction of monetary policy.   With inflation still above target, oil prices vulnerable to […]

Automotive

Sharmax Motors expands its international product strategy through its partnership with Benelli

Saba Malik 30/07/2026

Motorcycle brands team up with manufacturers all the time to expand and improve. Sharmax Motors, a well-known powersports brand with a strong presence in the Gulf region, is following this model through its long-term strategic partnership with Benelli Q.J. Srl, signed in 2025.  The agreement centres on mid-displacement road motorcycles for the European market. But […]

Energy UAE

ADNOC Drilling posts record first-half 2026 revenue and profit as OFS growth accelerates

News Editor 30/07/2026

Photo Credit : WAM ADNOC Drilling has reported record financial results for the first half of 2026, driven by continued expansion in its Oilfield Services (OFS) business, strong operational execution and a highly contracted revenue base that continues to provide long-term earnings visibility. The company posted first-half revenue of $2.46 billion, marking a 4 percent […]

Business UAE

DAE posts $229.9m H1 pre-tax profit as revenue and liquidity strengthen

News Editor 30/07/2026

Photo Credit: WAM Dubai Aerospace Enterprise (DAE) reported solid financial results for the first half of 2026, with higher revenue, improved profitability and stronger liquidity, while advancing major strategic investments to expand its global aircraft leasing business. The company posted revenue of $865.9 million for the six months ended June 30, 2026, up from $843.6

News UAE

UAE and Egypt sign deal to gradually expand air traffic rights over five years

Miguel Hadchity 30/07/2026

Photo Credit: WAM Dubai, UAE — July 2026 — The United Arab Emirates and Egypt have agreed to progressively expand air transport rights between the two countries over the next five years, in a move reflecting the depth of bilateral relations and strengthening cooperation in the aviation sector and air connectivity between the two nations. […]

Business Markets

Dubai Investments Takes Full Ownership of Clemenceau Medical Centre Dubai

News Editor 29/07/2026

Photo Credit : WAM Dubai Investments has increased its ownership of Clemenceau Medical Centre Dubai to 100 percent after completing the acquisition of the remaining 80 percent stake in the healthcare facility. The transaction was carried out through Dubai Investments Industries, a wholly owned subsidiary of Dubai Investments. CMC Dubai, in which the group previously […]

Economy

DAE Completes $9 Billion Acquisition of Macquarie AirFinance

News Editor 29/07/2026

Dubai Aerospace Enterprise (DAE) Ltd has completed its acquisition of Macquarie AirFinance Limited and its consolidated subsidiaries, strengthening its position among the world’s largest aircraft leasing companies. The Dubai-based aviation services company confirmed on Wednesday that it had acquired 100 percent of Macquarie AirFinance’s outstanding share capital. The

Economy

ADNOC Distribution Launches Engage Retail Advertising Platform in UAE

News Editor 29/07/2026

Photo Credit: WAM ADNOC Distribution has launched Engage by ADNOC, a retail media network that allows brands to reach customers across the company’s mobility, convenience retail and digital channels. The platform is described as the UAE’s first full-funnel retail media network operated by a mobility and convenience retailer. It combines digital and physical advertising

Crypto UAE

Emirates launches Crypto.com Pay for flight bookings

Miguel Hadchity 29/07/2026

Photo Credit: WAM Dubai, UAE — July 2026 — Emirates has officially launched Crypto.com Pay, allowing customers to use the digital payment service when booking flights through the airline’s website and mobile app. The rollout marks the culmination of a partnership first announced in July 2025, when the two companies signed a memorandum of understanding to […]

Travel UAE

Check UAE Visa Status with Passport Number: 2026 Guide

Saba Malik 28/07/2026

Check UAE visa status with passport number to make your visa status search more easy, quick, and precise without wasting time in a long queue. Whether you recently applied for a visit visa, residence visa, Abu Dhabi visa, or renewal, this guide explains easy ways and faster approaches to follow the process using your passport […]

Aviation

UAE airline power bank rules: What passengers need to know before flying

News Editor 28/07/2026

Passengers travelling with Emirates, Etihad Airways, flydubai or Air Arabia are being urged to check their power bank before heading to the airport, as UAE airlines enforce strict restrictions on carrying and using portable chargers onboard. The safety risk was highlighted again on July 24, when a power bank reportedly caught fire inside a passenger’s […]

Energy

Masdar, EPCG Advance 2GW Montenegro Renewable Energy Partnership

News Editor 28/07/2026

Photo Credit : WAM Abu Dhabi Future Energy Company, Masdar, and Montenegro’s national power utility Elektroprivreda Crne Gore have moved their renewable energy partnership into the project execution stage, signing agreements for 150 megawatts of solar power and the potential development of more than 400MW of pumped hydro energy storage. The projects will be developed […]