Daily Archives: July 1, 2026

Business & Investments, Real Estate

NBQ and Sobha Realty Launch Home Financing Solutions

NBQ and Sobha Realty Team up to Offer Home Financing Solutions for Off-plan projects across the UAE

Umm Al Quwain, UAE; 1st July 2026:

National Bank of Umm Al Qaiwain (NBQ) and Sobha Realty, a leading luxury real-estate developer globally, have signed a Memorandum of Understanding (MoU) to provide preferential mortgage and financing solutions for customers purchasing off plan residential units across Sobha Realty’s developments.

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Featured, Travel & Tourism

Fujairah Tennis Club: Gateway to Etihad Rail Adventures

Etihad Rail Ushers in a New Chapter for Fujairah Tourism, with Truebell and Fujairah Tennis & Country Club at the Heart of the Journey

FUJAIRAH: The inauguration of the Etihad Rail service to Fujairah marks a transformative moment for the emirate, strengthening connectivity across the UAE while creating new opportunities for tourism, hospitality, and local businesses. As one of the country’s most anticipated infrastructure milestones, the railway will make it easier than ever for residents and visitors to discover the unique beauty and attractions of Fujairah.

Truebell and Fujairah Tennis Club proudly congratulate the UAE leadership and the Etihad Rail team on the successful launch of this landmark project. This achievement represents far more than a new transport link, it is a gateway to showcasing Fujairah’s breathtaking landscapes, vibrant community, and world-class leisure experiences.

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Real Estate

Oceano: UAE’s Iconic Luxury Waterfront Development

Global fit-out specialist, Interiors International Industries, has been on-site at Oceano since early 2026, delivering bespoke interiors for the AED1.5 billion ultra-luxury beachfront development as construction advances rapidly towards key milestones

Dubai, United Arab Emirates, 30 June 2026: The Luxe Developers, the UAE-based luxury real estate developer, has formalised its AED 150 million interior fit-out contract with Interiors International Industries for its flagship Oceano development on Al Marjan Island, Ras Al Khaimah. Interiors International has been embedded within The Luxe Developers’ project team since early 2026, working alongside the main contractor as the development advances towards structural completion.

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Technologies

Presight AI Accelerator Announces Cohort II Companies

Abu Dhabi, UAE – 1st July 2026: Presight, a global leader in applied AI for intelligent systems, today announced the 12 companies joining Cohort II of its AI Accelerator programme.

The companies were selected following a global application process that attracted 376 applications from 62 countries. Since April, Presight conducted a rigorous evaluation process involving application reviews, interviews, and detailed assessments, resulting in an initial shortlist of 33 companies before narrowing the field to 16 finalists who participated in virtual Pitch Days held in early June.

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Business & Investments

Abu Dhabi’s Wtheeq Revolutionizes Motor Insurance

Abu Dhabi, UAE, 30 June 2026 – SlashData, a leading UAE-based govtech company, has announced a strategic partnership with Dubai National Insurance (DNI), one of the leading insurance companies in UAE, to simplify the motor insurance journey through the adoption of Wtheeq, its digital platform for policy issuance and verification.

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