Daily Archives: May 27, 2025

Business & Investments

Invest in Sharjah launches region’s first government-led digital platform to streamline mergers and acquisitions in the emirate

Developed in partnership with Transworld Business Advisors, the platform specialises in mergers and acquisitions and is accessible to investors worldwide.

  • Mohamed Al Musharrkh: The platform reinforces Sharjah’s status as a regional hub for M&A activities in the SME sector.
  • Ahmad Ibrahim: We are confident in the long-term impact this platform will have in enhancing the investment landscape and unlocking new growth opportunities.
  • Sharjah AcquireHub offers a multifaceted value-added proposition for investors, SMEs, and entrepreneurs in Sharjah; and is accessible to local, regional and international investors.
  • It enhances market dynamism and provides flexible expansion, exit, or repositioning options.
  • The global M&A market was valued at USD 3.5 trillion in 2024; and transactions in regional markets reached a total value of USD 92.3 billion.
  • The launch of the platform reaffirms Sharjah’s integrated and competitive investment environment.
Continue reading Invest in Sharjah launches region’s first government-led digital platform to streamline mergers and acquisitions in the emirate →
Automibiles & Motoring

99% Faster EV Charging: NIO Redefines Electric Vehicle Charging in the UAE with 3-Minute Battery Swaps

  • Addressing key EV adoption barriers, NIO’s solution delivers up to 99% time savings compared to conventional charging methods
  • The UAE’s first Power Swap Station has seen adoption by 15% of local NIO users, with expansion plans underway to meet growing demand
  • Dubai’s first location set to open within the coming weeks

Abu Dhabi, United Arab Emirates, May 2025: NIO, a global leader in premium smart electric vehicles, is redefining how drivers in the UAE power their EVs with the successful deployment of its Power Swap Station technology. Offering a seamless alternative to conventional charging, NIO’s patented battery swapping technology enables users to receive a charged battery in as little as 3-minutes.

This advanced infrastructure provides a faster and more energy efficient solution compared to traditional EV charging, addressing two of the biggest challenges facing EV adoption in the UAE: long charging times and limited charger availability.

Continue reading 99% Faster EV Charging: NIO Redefines Electric Vehicle Charging in the UAE with 3-Minute Battery Swaps →
Real Estate

Clédor Officially Launches The First-Ever Arthouse Branded Residences Outside the U.S., opening on Al Marjan Island in Q1 2028

  • Project valued at AED 400 Million redefines cultural luxury
  • Prices Start from AED 925,000 offering World-Class Amenities Designed for Modern Lifestyles

Ras Al Khaimah, UAE – 22 May 2025 – Clédor, a luxury, design centric real estate development management company, has officially launched Arthouse Residences Al Marjan Island, a distinctive branded residential project in collaboration with Arthouse Hotel NYC and Prospect. Valued at AED 400 million, this exclusive development is the first-ever Arthouse-branded residential project outside of the U.S. and is set to redefine cultural luxury living in the UAE.

Continue reading Clédor Officially Launches The First-Ever Arthouse Branded Residences Outside the U.S., opening on Al Marjan Island in Q1 2028 →
Technologies

CNTXT AI and Beam Partner to Tackle the Gulf’s $5.4 Billion AI Agent Opportunity

The partnership brings secure, sovereign AI agents to mission-critical workflows across the UAE, KSA, and beyond
Dubai, UAE – May 26, 2025 – CNTXT AI, a Data and AI enabler driving AI readiness through sovereign infrastructure and high-quality data, has signed a strategic Memorandum of Understanding (MoU) with Beam AI, the leading platform for AI agents. Together, the two companies will deliver secure, scalable, and localized AI agents to power operations and serve enterprise and government sectors in the Gulf.
Continue reading CNTXT AI and Beam Partner to Tackle the Gulf’s $5.4 Billion AI Agent Opportunity →
Technologies

Globant opens its Middle East Regional HQ in Riyadh serving as a Center of Excellence for AI, creativity and cutting-edge digital solutions

  • Less than 3 years after its arrival to the region, Globant confirms its bet for Middle East, with its first regional HQ and an ambitious expansion plan
  • The global digital transformation company, already partnering with the most significant Giga-projects in the region, expects this hub in the heart of a growing Saudi Arabia to serve as a platform to export talent and best practices worldwide
  • Globant to train local IT talent in the latest AI skills so that they can orchestrate agentic workflows for key industries
Continue reading Globant opens its Middle East Regional HQ in Riyadh serving as a Center of Excellence for AI, creativity and cutting-edge digital solutions →