Monthly Archives: June 2026

Business & Investments, Real Estate

Emirates NBD Funds €86M for Luxury Real Estate in Dubai

Dubai / Luxembourg, 2026 – Emirates NBD, a leading banking group in the Middle East, North Africa and Türkiye (MENAT) region, and CPI Property Group (“CPIPG”), a leading European real estate company, have successfully executed an AED 367.3 million (approximately EUR 86 million) loan facility secured against a portfolio of ultra-luxury residential units in Dubai.

CPIPG owns 19 luxury residences in Dubai, including 15 units under construction by leading local developers. The development properties are located across four of Dubai’s most distinctive residential projects including Bvlgari The Lighthouse (Jumeirah Bay), Casa Canal and One Canal (Dubai Water Canal), and Mr. C Residences Downtown (Downtown Dubai).

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Featured

Dubai Chambers Strengthens Trade Ties with Ethiopia

Dubai Chambers engages in a series of meetings in Addis Ababa to strengthen trade and investment ties between Dubai and Ethiopia

Dubai, UAE –Dubai Chambers has held a series of meetings with government entities, economic institutions, and investment organisations in Addis Ababa to explore ways of strengthening trade and investment between Dubai and Ethiopia.

The meetings were attended by H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Dubai Chambers met with Ethiopia’s Ministry of Industry, represented by H.E. Melaku Alebel, Minister of Industry, to discuss ways to expand cooperation across industrial sectors. The meeting also explored opportunities to strengthen private sector partnerships, increase trade exchange, and open new avenues for joint investment.

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Technologies

Dell Technologies Closes the Gap Between AI Ambition and AI Outcomes

Dell AI Factory with NVIDIA advancements span agentic AI, data orchestration, next-generation infrastructure and an expanding open ecosystem built to advance enterprise AI from experiment to reality

  • Agentic AI at scale: Deskside solution with NVIDIA NemoClaw support lets enterprises build and run secure, autonomous agents locallywith data that never leaves their environment,plus OpenShell integrationacross the Dell AI Factory providesseamless scaling from deskside to data center
  • AI-ready data: Faster indexing of billions of files of all types, up to 6x faster SQL query performance and new NVIDIA Omniverse integration turn enterprise data into AI fuel
  • Next-generation infrastructure: Turnkey rack deployment, intent-based networking and the industry’s most efficient rack-mount CDU advance the AI foundation
  • An open ecosystem that delivers outcomes: New solutions with Google, Hugging Face, OpenAI, Palantir,Reflection, ServiceNow, SpaceXAI and others, plussecurity solutions and services, and a new Dell AI Ecosystem Program give enterprises more ways to deploy AI on infrastructure they control
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Featured

Dubai Chamber’s Trade Mission to Ghana: 276 Meetings Held

19 Dubai-based companies joinedtrade mission as part of ‘New Horizons’ initiative

Dubai Chamber of Commerce organises 276 bilateral business meetings in Accra to strengthen trade cooperation between companies in Dubai and Ghana

  • Salem AlShamsi:“We are committed to strengthening economic and trade cooperation between Dubai and the Republic of Ghana and creating new paths for sustainable business partnerships that support the shared development goals of both markets.”
  • Non-oil trade between Dubai and Ghana reached AED 39.6 billion in 2025, achievingannual growth of 60.1%.
  • A total of225 companies from Ghanawere registered as active members of Dubai Chamber of Commerce by the end of Q1 2026.

Dubai, UAE – Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully organised 276 bilateral business meetings between companies from Dubai and their counterparts in Accra, the capital city of the Republic ofGhana. The meetings took place during the first stop of the trade mission led by the chamber to Ghana and Ethiopia as part of its ‘New Horizons’ initiative, which aims to support the expansion of local companies into promising global markets.

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Business & Investments, Technologies

Mastercard Launches AI Fintech Program in UAE

The startup engagement and acceleration programconnects budding AI and fintech companies with ecosystem partners and investors

Dubai, UAE; May 212026: As the financial services industry accelerates the adoption of artificial intelligence, resilience and trust have become essential to ensuring innovation delivers meaningful, secure outcomes at scale. Today, Mastercard announced the launch of its startup engagement and acceleration program, Mastercard Lighthouse 2026, in the UAE, in partnership with the UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office.

Saqr Binghalib, Executive Director at Artificial Intelligence, Digital Economy and Remote Work Applications Office

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