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UAE’s Mubadala Capital Invests in US AI Firm Anaconda

UAE’s Mubadala Capital Invests in US AI Firm Anaconda’s $150 Million Funding Round UAE’s Mubadala Capital has made a big move by investing in a major US-based AI company called…

No Fed Rate Cut: UAE Loan Rates Stay High, Savings Benefit

No Fed Rate Cut in July: What It Means for UAE Borrowers and Savers No Fed Rate Cut Means Interest Rates Stay High The US Federal Reserve (Fed) has once…

Saudi Arabia’s GDP Grows 3.9% as Oil and Economy Rebound

Saudi Arabia’s GDP Grows 3.9% in Q2, Boosted by Oil and Non-Oil Sectors Strong Economic Growth in Q2 2025 Saudi Arabia’s GDP grew 3.9% in the second quarter of 2025.…

Nissan Patrol Nismo Launch Heats Up UAE SUV Market for 2026

Nissan’s New Patrol Nismo Kicks Off UAE’s Hot SUV Season Nissan has officially launched its powerful new Patrol Nismo in the UAE, creating major excitement in the region’s fast-moving SUV…

Buy a Car in UAE Easily with Rent-to-Own Schemes

Buy a Car in UAE: Rent-to-Own Schemes Take Off Buying a car in the UAE is becoming easier thanks to new rent-to-own schemes. These schemes let people get a car…

Saudi EV Buyers Eye Tesla Now, But Chinese Brands Are Coming Fast

Saudi EV Buyers Favor Tesla, But Chinese Brands Are Gaining Ground Saudi EV buyers currently prefer Tesla when choosing electric cars. Tesla has become the top choice because of its…

‘Traditional’ UAE Bank RAK Offers Easy Crypto Trading for Everyone

RAK Becomes First ‘Traditional’ UAE Bank to Launch Crypto Trading for Retail Customers New Milestone in UAE Banking RAKBANK, also known as the National Bank of Ras Al Khaimah, has…

Joyalukkas Gets Dh500M Funding from Emirates NBD to Expand Worldwide

Joyalukkas Gets Dh500 Million Funding from Emirates NBD for Global Expansion Joyalukkas, a well-known jewellery retailer, has received Dh500 million in funding from Emirates NBD. This big financial support will…

Sharjah Developer Arada Raises $450mln with Strong Sukuk Demand

Sharjah Developer Arada Tightens Price on $450mln Sukuk Offering Sharjah developer Arada has recently tightened the price on its $450 million sukuk offering. This move comes after strong demand from…

Korra Energi Builds $1M Hybrid Solar Plant in Egypt

Korra Energi to Build $1 Million Hybrid Solar Plant in Egypt Korra Energi is planning to build a new hybrid solar power plant in Egypt. This project will cost around…