Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading UAE group Rakbank to buy its merchant acquiring business in the emirates.
The UAE has launched a $1 billion energy portfolio in Yemen to help rebuild the country’s electricity sector. Implemented by Global South Utilities, the programme includes solar and wind projects, battery storage solutions and upgraded distribution networks across multiple governorates, expanding ongoing work in Yemen.
Nearly three-quarters of travellers (72%) say they have used AI to plan or research a holiday (77% in the UAE and 68% in KSA). Over a fifth (23%) say they use it “all the time” (24% in the UAE and 22% in KSA), according to Marriott Bonvoy’s 2026 Ticket to Travel Report.
Wynn Resorts has announced continued progress on its first integrated resort - Wynn Al Marjan Island - coming up in UAE. The 305-m tower is nearing its full height with topping-out likely by month end, ahead of the planned mid-2027 opening.
Sunteck Realty, one of India’s most disruptive luxury real estate developers, has announced its entry into the UAE market with a Downtown Dubai development and an ultra-luxury pipeline exceeding AED15 billion ($4.1 billion) over the next three years.
The UAE's wellness economy is growing rapidly, valued at $40.8 billion, according to a GWI report. It leads the Mena region in wellness real estate, personal care, and spa revenue, and excels in public health, physical activity, and workplace wellness sectors.
UAE groups ARY and Maher Al Zarooni have announced the formation of ARY & MAZ Developments, a joint venture set to deliver a new wave of landmark projects in Dubai with an estimated AED2.5 billion ($681 million) development pipeline.
Saudi Arabia and UAE are poised to lead the Gulf region’s economic expansion in 2026, supported by strong private-sector performance, resilient domestic demand and renewed investment momentum, according to a new report.
Saudi Arabia and the UAE are poised to lead the Gulf’s economic expansion in 2026, supported by strong private-sector performance, resilient domestic demand and renewed investment momentum, according to a new report.
Dubai Air Navigation Services (DANS), Emirates Airline and Thales have signed a Collaborative Research Agreement (CRA) to pioneer cutting-edge research aimed at reducing holding patterns for all flights arriving at Dubai International, supporting more efficient UAE airspace management.
