Daily Archives: December 16, 2025

Real Estate

Empire Developments Breaks Ground on Empire Lake Views, a Landmark 31-Floor Residential Tower in Liwan

Launch aligns with Dubai real estate crossing Dh431 billion in transactions in H1 2025 and Dh761 billion in 2024, reinforcing strong demand for mid-market communities

Date: Dubai, UAE; December 16, 2025

Empire Developments has officially broken ground on Empire Lake Views, the company’s sixth major residential project in Dubai, launched at a time when the emirate’s real estate market continues to set new performance milestones. Dubai recorded Dh431 billion worth of real-estate transactions in just the first half of 2025, while 2024 closed at Dh761 billion and 226,000 individual transactions, according to Dubai Land Department. With population growth exceeding 100,000 new residents annually, demand for well-connected, affordable luxury homes remains strong, positioning Liwan among the city’s most promising emerging districts.

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Business & Investments

UBF’s Technical and advisory committees… key pillar in advancing financial and banking industry

Abu Dhabi, United Arab Emirates– 16 December 2025: 

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, has emphasised that its technical and advisory committees constitute a fundamental pillar in the development of the financial and banking industry, and continue to play a vital role in supporting economic development and reinforcing the UAE’s position as a leading global hub for trade, investment, and innovation.

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Technologies

Core42 Establishes European Headquarters in Dublin to Support Growing Demand for AI Infrastructure

16 December 2025, Dublin, Ireland: Core42, a G42 company specializing in sovereign cloud and AI infrastructure, today announced the establishment of its European headquarters in Dublin, Ireland.The news was shared at Investopia, the UAE’s global investment platform, which is hosting its global dialogue series in Dublin this week. The new headquarters strengthens Core42’s abilityto serve European enterprises and governments seeking secure, high-performance infrastructure to scale AI adoption.

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Business & Investments

Yubi Group debuts Mortgage in the UAE, transforming how consumers secure mortgages with unprecedented simplicity

A technology-powered mortgage experience that brings transparency, access, and speed to the UAE home financing market

Dubai, December 16, 2025: Yubi, the world’s only technology company powering the end-to-end debt lifecycle, has announced the launch of Yubi Mortgage in the UAE. This marks the company’s first B2C product in the region and introduces a new digital pathway for residents, citizens, and non-residents to explore and secure mortgages with confidence and clarity. The launch positions Yubi as a new force in the UAE’s mortgage ecosystem and sets a fresh benchmark for transparency, accessibility, and customer experience.

Mr. Sivakumar Rajakkannu, Chief Business Officer, Yubi MENA

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Technologies

5 key technology trends affecting the security sector in 2026

By Johan Paulsson, Chief Technology Officer at Axis Communications; Matt Thulin, Director of AI & Analytics Solutions at Axis Communications; and Thomas Ekdahl, Engineering Manager – Technologies at Axis Communications

It came as a surprise that this is the 10th time that we’ve looked at the technology trends that we think will affect the security sector in the coming year. It feels like only yesterday that we sat down to write the first – a reminder of how quickly time passes, and how fast technological progress continues to move.

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