Al Hamra Raises the Bar with RAK’s Biggest single unit Residential Deal USD 35.4 million (AED 130 million)

Sky Palace sale at Waldorf Astoria Residences, positions Al Hamra at the forefront of RAK’s luxury market.

Ras Al Khaimah, UAE – Al Hamra has announced the sale of the Sky Palace at the Waldorf Astoria Residences Ras Al Khaimah for USD 35.4 million (AED 130 million), marking the highest-value single-unit residential transaction ever recorded in Ras Al Khaimah.

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Shark Tank India’s Pratham Mittal Announces USD 100K+ Grant Pool for Student Founders

Program targets early-stage student startups with non-dilutive funding and global mentorship support

  • Offers equity-free grants of up to USD 5,000 to student-led startups across India, Southeast Asia, and the Middle East
  • Open to third- and fourth-year undergraduates and recent graduates up to four years out of college, supporting both idea-stage and early-traction ventures
  • Selected founders gain access to global mentors and operators, with additional scholarship opportunities for Tetr’s MiM-Tech program

DUBAI, January 21, 2026: Pratham Mittal, Founder of Tetr College and Masters’ Union, has announced the launch of the Tetr Emerging Founders’ Challenge (TEFC), a new entrepreneurship initiative offering equity-free grants of up to USD 7500 to student-led startups across India, Southeast Asia, and the Middle East.

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One in Three Ecommerce Brands Now Use AI Agents to Drive Shopping, New Pattern Report Finds

As AI-powered search cuts customer acquisition costs for 76% of businesses, global brands ramp up investment amid the rise of AI-native shoppers.

Dubai, 21st January 2026: AI-powered search and shopping agents are rapidly reshaping ecommerce economics, according to new research from Pattern Group Inc. (Nasdaq: PTRN), a leader in accelerating brands across global ecommerce marketplaces through proprietary technology and AI.

Pattern’s latest study finds that 76% of ecommerce organisations have reduced customer acquisition costs as consumers increasingly rely on AI-driven tools to discover and purchase products. The research also shows that one in three ecommerce brands (33%) has already deployed AI-powered shopping agents, signalling a fundamental shift in how consumers interact with online retail.

The findings are detailed in Pattern’s report, From Insights to Execution in AI-Powered Commerce, based on a survey of 1,000 senior business leaders across the UAE, United States, United Kingdom and Germany.

“We’re seeing a decisive shift from AI as a supporting tool to AI as an active participant in commerce,” said Ryan Byrd, Chief Technology Officer at Pattern.

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Chartis Names MOZN a Leader in Both AML and KYC Solutions — One of Only 10 Worldwide.

MOZN is recognized as a Category Leader in Chartis Research’s RiskTech® Quadrant 2025 for AML Transaction Monitoring Solutions and KYC Data and Solutions.

Riyadh, Saudi Arabia – London, United Kingdom,  21 Jan 2026  – MOZN, an enterprise AI company, today announced that its platform, FOCAL, has been named a Category Leader in Chartis Research’s RiskTech® Quadrant 2025 for both AML Transaction Monitoring Solutions and KYC Data and Solutions. This dual recognition places MOZN among ten vendors worldwide to achieve this distinction, positioning the company alongside global industry leaders.

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“Object 1 reveals AED 4.5 billion sales value multi-plot land deal on Abu Dhabi’s Al Reem Island”

Abu Dhabi, UAE, 21 January 2026 — Object 1, an award-winning and rapidly growing real estate developer, has closed a major land investment in Abu Dhabi, marking a significant step forward in its expansion into the capital. The developer has acquired four waterfront plots on Al Reem Island, within the Shams Gate District, with a combined development area of over 2 million square feet and a total sales value of AED 4.5 billion.

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