Daily Archives: May 13, 2026

Health Care

PricelessMed and Amina Hospital Partner for Affordable Emergency Care

PricelessMed partners with Amina Hospital to introduce 50% ER bill discount for cash patients in Ajman

PricelessMed.

The UAE-based digital healthcare savings platform, has announced a new partnership with Amina Hospital in Ajman, introducing an exclusive 50 per cent discount on emergency room (ER) bills for cash-paying patients.

The agreement, formalised through a signing ceremony, marks PricelessMed’s expansion into Ajman, extending its footprint beyond Dubai and Sharjah. The collaboration also covers the wider Amina Healthcare Group, which operates a network of seven medical centres across Ajman and Sharjah.

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Technologies

SAP Connect UAE Highlights Role of Core Business Systemsin Scaling Enterprise AI

  • 85% of UAE organizations rely on ERP systems to support AI, while 90% express confidence in their ability to enable advanced automation
  • A strong network of close to 2,000 executives and decision-makers from the public and private sectors gathered at SAP Connect UAE at Expo City Dubai yesterday
SAP Connect UAE event

During SAP Connect UAE at Expo City Dubai yesterday, SAP UAE Managing Director
Marwan Zeineddine took to the stage with a robot representing SAP Joule AI to discuss how SAP Autonomous Enterprise is transforming business processes.

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Featured

UAE Economy Resilience: SIB’s AED 2.59 Billion Rights Issue Success

Reflecting the Resilience of the UAE Economy and the Confidence in the Bank

SIB Rights Issue Attracts over AED 8.3 billion, Oversubscribed by 3.2 times

Sharjah, 12 May 2026: Sharjah Islamic Bank PJSC (“SIB” or the “Bank”) today announced the successful completion of its AED2.59 billion rights issue, following the close of the subscription period on 8 May 2026. Executed against an exceptionally challenging and volatile market backdrop, the transaction marks a decisive milestone for SIB, significantly strengthening its capital position and accelerating its capacity to deliver sustainable growth and long-term value creation for shareholders.

The rights issue achieved exceptional demand, with the total subscriptions exceeding AED 8.3 billion, resulting in oversubscription by more than 3.2 times. The strong participation from local, regional and international investors reflects the high level of confidence in SIB’s financial strength, growth strategy and long-term outlook, despite heightened global market volatility and ongoing geopolitical uncertainties affecting international financial markets.

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Business & Investments, Featured, Real Estate

NCCCL Expands in UAE’s Booming Construction Market

Nisus Finance announces strategic expansion in the UAE’s construction sector with its subsidiary NCCCL

The entry of NCCCL comes at a time when the GCC construction and transport projects market is experiencing a significant growth, with a total of US$951 billion in projects under execution and a broader pipeline topping US$2 trillion, driven heavily by Saudi Arabia and the UAE

Date: Dubai, UAE; May 13, 2026:

Nisus Finance Services Co Limited (NiFCO), a leading investor in urban infrastructure and capital markets, today announced its strategic expansion into the GCC region’s growing construction industry through its newly acquired subsidiary, New Consolidated Construction Company Limited (NCCCL), one of India’s oldest and most respected construction firms.

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Real Estate

Whitewill Q1 2026 report records AED 139.2 billion in Dubai real estate transactions

Dubai’s real estate market shows higher YoY value growth and resilient buyer interest, with off-plan activity accounting for the majority of market demand

Dubai, UAE, 13 May 2026: Whitewill, the international luxury real estate agency for developers and partners operating across the UK, USA, and UAE markets, has published its latest Dubai Real Estate Market Overview, offering insights into off-plan and secondary residential sales trends for Q1 2026. Based on transaction analysis conducted by Whitewill from January to March 2026, the report shows that Dubai recorded 44.4K real estate transactions with a combined value of AED 139.2 billion. The findings point to a market that continues to expand in value, supported by steady buyer activity, resilient pricing, and demand across both emerging and established communities.

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