Technology & IT | Sunday 22 June, 2025 11:08 am

Dubai proptech Prop-AI secures $1.5 million Pre-Seed

Prop-AI team (Image supplied)#UAE #funding - Dubai-headquartered AI-powered real estate company Prop-AI has secured $1.5 million in pre-seed funding to expand its property investment platform across the Middle East and North Africa (MENA) region. The round was led by Abu Dhabi-based venture capital ...

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Technology & IT | Sunday 22 June, 2025 11:05 am

iPadOS 26 introduces powerful new features that push the capabilities and versatility of iPad even further

CUPERTINO, CALIFORNIA Apple today previewed iPadOS 26, the biggest iPadOS release ever, taking a huge leap forward and pushing the unique capabilities and versatility of iPad even further. A beautiful design brings a new look to iPad, making the experience even more expressive and delightful. While ...

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Business & Money | Sunday 22 June, 2025 8:11 am

Saudi Energy Minister says OPEC+ became major oil price guarantor

Saudi Energy Minister Prince Abdulaziz bin Salman said OPEC+ has become a key guarantor of oil prices and the sector as a whole. In his speech at the St. Petersburg Economic Forum, he also mentioned that OPEC+ is a trustworthy and successful alliance that adapts to changing conditions and has...

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Business & Money | Sunday 22 June, 2025 8:03 am

PIF sets up new company to build, operate Expo 2030 Riyadh facilities

The Public Investment Fund (PIF) announced today, June 19, the launch of Expo 2030 Riyadh Co. (ERC), a wholly owned subsidiary tasked with developing and operating the Expo 2030 Riyadh site’s facilities — being the first-of-its-kind event to be hosted in Saudi Arabia. According to a PIF...

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Business & Money | Sunday 22 June, 2025 7:49 am

SEDCO Capital REIT acquires Al Basateen’s Palm View for SAR 650 million

In one of the largest real estate transactions in the Saudi capital during the first half of 2025, SEDCO Capital REIT announced the acquisition of the Palm View office project from Al Basateen Company, located in the Al Basateen district, Diriyah, for a total value of SAR 650 million. The...

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Business & Money | Sunday 22 June, 2025 7:47 am

UAE cements its position as global destination for attracting FDI with total inflows of AED 167.6 billion in 2024

The UAE ranked 10th globally as a leading destination for inbound foreign direct investment (FDI) in 2024, achieving an unprecedented AED 167.6 billion (USD 45.6 billion in FDI inflows, according to the United Nations Conference on Trade and Development (UNCTAD) World Investment Report...

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Business & Money | Sunday 22 June, 2025 7:45 am

CBUAE organises Climate Forum, ‘Network for Greening the Financial System’ meeting in Abu Dhabi

Under the Patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of the Central Bank of the United Arab Emirates (CBUAE), the CBUAE is organising its first Climate Forum and a...

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Business & Money | Sunday 22 June, 2025 7:43 am

UAE Cybersecurity Council announces winners of first-ever national cybersecurity excellence awards

Under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, and Chairman of the Presidential Court, the UAE Cybersecurity Council has announced the winners of the country’s first-ever national Cybersecurity Excellence Awards. The awards...

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Business & Money | Sunday 22 June, 2025 7:41 am

MBRSG hosts fifth round of Public Administration Forum

The Mohammed Bin Rashid School of Government (MBRSG) today hosted the fifth Public Administration Forum under the theme “Strategic Horizons: The UAE Economic Diplomacy Report 2024–2025 – Advancing Policy, Trade, and Global Partnerships Through Evidence-Based Insights”. Held at the...

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Business & Money | Sunday 22 June, 2025 7:39 am

National Maritime Navigation Centre to strengthen UAE’s leadership in maritime sector

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, highlighted that the Cabinet’s decision to establish the National Maritime Navigation Centre reflects the UAE’s strategic vision for developing an integrated sustainable and innovative maritime ecosystem and reinforcing the ...

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