Daily Archives: December 5, 2025

Business & Investments

First Abu Dhabi Bank Launches the First UAE Career Forum

First Abu Dhabi Bank Launches the First UAE Career Forum for Emirati Students Abroad in Partnership with the Education & Technology Sciences Attaché at the UAE Embassy in London

London, 3 December 2025– First Abu Dhabi Bank (FAB), the UAE’s global bank and one of the world’s largest and safest financial institutions, announces a landmark partnership with the Education & Technology Sciences Attaché UAE Embassy in London, launching their first UAE Career Forum for Emirati students abroad. The event took place on 29 and 30 November 2025 at the InterContinental London Park Lane, coinciding with the National Day celebrations, bringing together cultural engagement and professional development opportunities, targeting Emirati students in Europe

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Real Estate

AI Is Accelerating Mortgage Approvals for UAE Homebuyers

  • AI-powered document processing is giving UAE homebuyers faster, clearer paths to mortgage approval
  • The UAE’s AI market is expected to exceed AED 170 billion by 2030
  • The UAE proptech sector is forecast to grow to AED 5.69 billion by 2030

Dubai, UAE – 03 December 2025 – UAE homebuyers are beginning to see faster and more predictable mortgage approvals as artificial intelligence reshapes one of the most time-consuming parts of the home-buying journey: paperwork. Holo, the UAE-born proptech platform redefining mortgage accessibility, has automated several of the most error-prone steps in the mortgage file, from document collection to income verification, giving buyers a cleaner, more accurate application from the start.

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Business & Investments

UBS Billionaire Ambitions Report 2025: The Rise of a New Generation

In 2025, global billionaire wealth reached an all-time high, driven by business innovation and the largest, multi-generational inheritance wave in the history of this report

Dubai/United Arab Emirates, December 4, 2025 – UBS, the leading and truly global wealth manager, today announced the publication of the 11th UBS Billionaire Ambitions Report, which surveyed UBS billionaire clients around the world on the unique challenges and opportunities they face. This year’s report focuses on the forces driving global wealth creation, the increasing role of inheritance, and the evolving ambitions of the world’s most influential families.

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Automibiles & Motoring

SlashData Partners with Integrated Transport Centre to Launch “Shary” — A Fully Digital Escrow Service for Vehicle Ownership Transfers, in cooperation with TAMM and Abu Dhabi Police

  • The UAE’s first fully digital escrow government service, ensuring secure, transparent, and seamless transactions between buyers and sellers of vehicles
  • Shary enables secure and paperless vehicle ownership transfers within the federal licensing system

Abu Dhabi, UAE – 5th December, 2025: SlashData, a First.tech company and a leading AI digital solutions provider, today announced its partnership with the Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport (DMT), to launch Shary, a new digital escrow service for vehicle ownership transfers within the federal licensing system, in cooperation with TAMM – the Abu Dhabi Government Services Platform and Abu Dhabi Police.

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Business & Investments

ADGM Reinforces Its Status as Region’s Leading Financial Hub with Robust Q3 2025 Growth

  • Assets Under Management (AUM) within ADGM realised a year-on-year growth of 48% in Q3, 2025 compared to Q3 2024, with 161 asset and fund managers, managing 220 funds.
  • Number of active licences in ADGM reached 11,920 with 2,801 new licences this year alone.
  • Operational entities grow to 3,227, representing a 43% year-on-year increase.
  • Workforce within ADGM’s expanded jurisdiction rises to 39,870 individuals.

Abu Dhabi, UAE, 05 December 2025: ADGM, the international financial centre of Abu Dhabi, has reported strong Q3 2025 results, reinforcing its standing as the leading financial hub in the Middle East, Africa and South Asia (MEASA).

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