Dubai’s motorists may soon enjoy a more streamlined experience as Parkin, the city’s leading public parking operator, teams up with InsuranceMarket.ae. This partnership, unveiled at Gitex Global 2025, aims to integrate car insurance services directly into Parkin’s digital platform, expanding its offerings beyond just parking and payments. A New Era of Convenience for Drivers The…
Recent economic developments have led to a significant increase in the prices of gold and silver, as investors seek safe-haven assets amidst rising credit concerns and escalating tensions between the United States and China. This surge reflects a growing belief that the Federal Reserve may implement substantial interest rate cuts in the near future. Gold…
The Stargate UAE project, a key component of the 5GW UAE–U.S. AI Campus, is making significant strides toward its anticipated completion in 2026. Developed by Khazna Data Centers, a subsidiary of G42, this ambitious initiative aims to establish one of the largest AI infrastructure hubs globally. Project Overview and Collaborations Launched in May 2025, Stargate…
A new collaboration between Bolt and Network International aims to significantly improve the payment experience for riders and drivers in the UAE. This partnership is set to streamline digital transactions, ensuring that users can enjoy faster and more secure payment methods while using the Bolt app. Partnership Overview Bolt has officially appointed Network International as…
DP World has introduced a new shipping service that connects Jebel Ali Port in the UAE with Berbera Port in Somaliland. This initiative aims to improve trade connectivity between the Gulf region and East Africa, facilitating smoother and more efficient trade flows. Details of the New Route The Jebel Ali–Berbera service operates every nine days,…
A significant partnership has emerged between Presight and Khazna Data Centers, aimed at revolutionizing the management of data centres in the UAE. This collaboration will implement an AI-driven facility management system across Khazna’s network of 30 data centres, marking a pivotal step towards enhancing operational efficiency and sustainability. Central Command and Control Centre The initiative…
The UAE Ministry of Investment has partnered with Microsoft to launch a significant training initiative aimed at enhancing artificial intelligence (AI) skills among 100,000 employees in government sectors. This collaboration, formalized through a Memorandum of Understanding (MoU) during GITEX Global 2025, is part of a broader effort to strengthen the UAE’s investment landscape and align…
The Abu Dhabi Global Market (ADGM) has implemented new regulations aimed at strengthening the oversight of legal, tax, and corporate service providers. These changes are designed to promote transparency and accountability within the business ecosystem of ADGM, ensuring that firms adhere to higher professional standards. New Licensing and Governance Requirements The ADGM’s Registration Authority (RA)…
A significant acquisition in the tech industry has emerged as a consortium led by BlackRock, which includes major players like Nvidia and Microsoft, prepares to purchase Aligned Data Centers for around $40 billion. This move highlights the ongoing demand for AI infrastructure, which is crucial for supporting the growing needs of artificial intelligence technologies. Details…
Dh120b group now spans energy, food, logistics, mining, apparel, media, mobility, beauty Dubai: Multiply Group, the Abu Dhabi-based investment holding company, announced plans to acquire 2PointZero and Ghitha Holding through a share swap, marking one of its most significant portfolio moves to date. The proposal, approved by the Board of Directors, involves issuing new shares…