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ZAWYA: Emirates Development Bank launches EDB future founder program

Abu Dhabi, UAE – Emirates Development Bank, the key financial engine for the UAE’s economic diversification and industrial transformation, has announced the launch of the EDB Future Founder Program 2026, a flagship youth initiative designed to equip students with entrepreneurial skills, strengthen…

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Economy
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ZAWYA: BlueFive Capital co-leads $3bln Kling AI funding round

BlueFive Capital, among the world’s fastest growing investment firms, today announced it co-led the funding round for AI-powered video generation company Kling AI. The Chinese firm raised close to $3 billion, the largest single financing ever recorded for an AI video generation model company, givin…

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ZAWYA: CHERY UAE expands nationwide presence with new showroom in Ras Al Khaimah

Dubai, UAE: Chery UAE, part of AWR Automotive, has announced the opening of a new showroom in Ras Al Khaimah, marking a significant step in the brand’s continued expansion across the United Arab Emirates.H.E. Mohamed Ali Abdulla Musabbeh Al Nuaimi, Chairman of Ras Al Khaimah Chamber of Commerce & I…

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ZAWYA: Ministry of Defence signs strategic partnership with EDGE for ICMM Abu Dhabi 2026

ABU DHABI, UAE: The Ministry of Defence signed a strategic partnership agreement with EDGE Group, one of the world’s leading advanced technology and defence groups, in support of the 46th World Congress of Military Medicine – ICMM Abu Dhabi 2026, as a Strategic Partner of the congress, scheduled to…

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ZAWYA: RAKEZ delegation reinforces China ties through week-long business roadshow

Ras Al Khaimah: Ras Al Khaimah Economic Zone (RAKEZ) concluded a week-long business delegation to China, led by Group CEO Ramy Jallad, with engagements across Suzhou and Shenzhen. The trip strengthened trusted ties with industrial associations and companies across new energy, intelligent equipment…

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Economy
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ZAWYA: Shurooq and Minor Hotels partner

Signed during an official ceremony in Sharjah in the presence of H.H. Sheikha Bodour bint Sultan Al Qasimi, the agreement marks a new chapter for Shurooq’s homegrown portfolio of seven nature-led and heritage-inspired retreats across the emirate.Sharjah: The Sharjah Investment and Development Autho…

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ZAWYA: Dubai real estate maintains historical momentum ever, expert

- Dubai's real estate market has moved beyond exceptional growth to a phase of sustainability- Local and international demand is giving Dubai real estate strong momentum for the second half of 2026- Dubai is well-positioned to attract further real estate investments despite global changesWalid Al Z…

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ZAWYA: CERT and Open Innovation AI forge strategic partnership

Abu Dhabi, UAE – The Centre of Excellence for Applied Research & Training (CERT) and Open Innovation AI have signed a strategic Memorandum of Understanding (MoU) to accelerate artificial intelligence capability development, strengthen workforce readiness, and empower organizations to adopt AI respo…

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Economy
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ZAWYA: Abu Dhabi Department of Energy launches cooling load manual

Abu Dhabi: The Department of Energy (DoE) has launched the Abu Dhabi Cooling Load Manual (CLM) in support of the Abu Dhabi Energy and Water Efficiency Strategy 2030.Air conditioning (AC) systems account for about 60–70% of electricity consumption in buildings across the UAE, and these systems are o…

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Economy
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ZAWYA: Dubai Chambers organises roundtable in Shanghai

Dubai, UAE – Dubai Chambers recently organised a roundtable in Shanghai to highlight the investment opportunities created by the Dubai Economic Agenda (D33) for Chinese investors and companies. The session also showcased Dubai’s competitive advantages as a leading global hub for business, and inves…

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ZAWYA: Oman: MoL achieves 56.82% of employment, training plan in H1

Staff WriterMuscat: Detailed indicators released by the Ministry of Labour reveal that total employment and training placements during the first half of the current year reached 34,092, representing an achievement rate of 56.82 percent.The Ministry further clarified that the achievement rate in emp…

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Economy
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ZAWYA: UAE’s non-oil sector experiences weakest June in 5 years: PMI

Staff WriterGrowth in the UAE’s non-oil private sector experienced its weakest June in over five years, with tailwinds from the Iran conflict continuing to weigh on client activity and competitive pressure.The seasonally adjusted S&P Global UAE Purchasing Managers’ Index (PMI) fell from 52.6 in May…

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ZAWYA: CompassPoint and Tax Star partner to make UAE e-invoicing simple for businesses

CompassPoint Consulting, a UAE-based fractional CFO and financial advisory firm, has partnered with Tax Star, a pre-approved UAE Accredited Service Provider (ASP) for e-invoicing, to help businesses prepare for the country’s incoming mandatory e-invoicing regime.The partnership gives UAE companies…

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Economy

PureHealth's Daman reports $1.03bln revenue, earns top Moody's rating

HHABU DHABI: PureHealth has announced that its insurance arm, The National Insurance Company - Daman, has been assigned an A1 Insurance Financial Strength Rating (IFSR) by Moody’s Ratings with a stable outlook.The A1 rating is the highest IFSR assigned by Moody’s to a UAE insurance company and the…

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Emirates Development Bank launches EDB Future Founder Programme

MAABU DHABI: Emirates Development Bank, the key financial engine for the UAE’s economic diversification and industrial transformation, has announced the launch of the EDB Future Founder Programme 2026, a flagship youth initiative designed to equip students with entrepreneurial skills, strengthen le…

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Economy

Abu Dhabi launches maritime investment guide to attract global businesses

MAABU DHABI: Captain Saif Al Mheiri, CEO of Abu Dhabi Maritime and Group Chief ‎Sustainability and Risk Officer at AD Ports Group, said the launch of the Abu Dhabi’s Compass for Maritime Businesses: Your Gateway ‎to Global Opportunity guide marks a significant step towards enhancing the competitive…

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Economy