Category Archives: Business & Investments

Business & Investments

Etihad Credit Bureau Introduces Tenant Screening with UAE PASS

Etihad Credit Bureau Launches Tenant Screening Solution in Collaboration with UAE PASS

Innovative consent-basedplatform enables informed residential leasing by introducing credit scores in the real estate sector.

Abu Dhabi, UAE, 18May 2026:Etihad Credit Bureau, the UAE’s federal entity for credit information, has launched a new Tenant Screening solution which enablesprivate landlords to securely request the credit score of prospective tenants.The information is only shared once tenants accept through their UAE PASS.

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Business & Investments, Technologies

UAE-India AI Supercomputer Partnership Announced

  • UAE President His HighnessSheikh Mohamed bin Zayed Al Nahyan andIndia Prime Minister Narendra Modi reaffirm the UAE-India digital infrastructure Memorandum of Understanding signed in 2024
  • Frameworkwill establish commercial and operational terms for deployment of one of India’s most powerful AI compute clusters, built on Cerebras CS-3 systems

Abu Dhabi, UAE – 15 May 2026 – G42, the Abu Dhabi-based global technology group, and the Government of India, formalized the framework and the commercial termsfor the deployment of Condor Galaxy India, an 8-exaflop AI supercomputing cluster comprising 64 Cerebras CS-3 systems.

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Business & Investments

Sharjah’s FDI Growth: Key Indicators and Economic Impact

According to data from “fDi Markets – Financial Times”

Bodour Al Qasimi: The emirate’s growth across investment indicators reflects a clear development vision that places social and economic impact on a unified path

Al Musharrkh: The latest indicators reflect deep confidence in Sharjah’s business environment and its ability to drive growth from within the market while continuing to attract new investment.

  • 25.7% growth in jobs, creating 5,673 new positions
  • 142 FDI projects highlight the breadth of activity across the emirate
  • Consumer-facing sectors lead investment momentum
  • Geographic diversity reinforces global investor confidence
  • 75% of projects are already operational

Her Highness Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Investment and Development Authority (Shurooq)

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Business & Investments

H.E. Bin Touq Promotes Compliance in Gold Sector

H.E. Bin Touq highlights UAE’s success in developing robust legislative and regulatory frameworks for gold trade

Abu Dhabi, May 13, 2026:

His Excellency Abdulla bin Touq Al Marri, Minister of Economy and Tourism, carried out an inspection tour of the Dubai Gold Souq to assess merchants’ compliance with regulations governing the gold sector, specifically those related to Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT), and Counter-Proliferation Financing (CPF) frameworks. The gold sector is classified under the Designated Non-Financial Businesses and Professions (DNFBPs) overseen by the Ministry, necessitating the highest levels of compliance across market operations.

H.E. Bin Touq emphasized that the UAE, guided by the wise leadership, has made significant strides in developing a comprehensive legislative and regulatory framework for gold trade. These efforts align with the National Risk Assessment (NRA) for the sector and the international standards set by the Financial Action Task Force (FATF), thereby reinforcing the global reputation of the national economy.

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Business & Investments

AED 300M Investment to Boost Abu Dhabi’s Industrial Growth

AED 300 million facility to support industrial growth in Abu Dhabi ecosystem

Abu Dhabi, UAE – 14 May 2026: Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, part of AD Ports Group, announced that it has signed a long-term land lease agreement with Abu Dhabi Refreshment Company to establish a state-of-the-art beverage production and distribution facility in KEZAD.

The facility, spanning approximately 32,500 square metres within KEZAD’s industrial ecosystem, will support the expansion of Abu Dhabi Refreshment Company’s production and distribution capabilities, reinforcing Abu Dhabi’s position as a regional manufacturing hub for fast-moving consumer goods.

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