Category Archives: Business & Investments

Business & Investments

Over 40% of UAE Organizations Now Rank as AI Leaders, Matching Global Front-Runners

42% of organizations now qualify as AI Leaders, reflecting strategic investments in AI infrastructure and commitment to the AI 2031 Strategy.

  • 39% of all GCC organizations now qualify as AI Leaders and 37% of UAE organizations have reached the critical ‘Scaling’ AI maturity stage, marking a shift from pilots to enterprise-wide implementation.
  • The GCC region sets global standards, with its Public Sector achieving the highest AI maturity level across surveyed markets globally, while Tech, Media and Telecom (TMT) rank first within the GCC.

Dubai, UAE, 11 February 2026 – The UAE has positioned itself as a leading AI market, with 42% of organizations now qualifying as AI Leaders according to a comprehensive new study by Boston Consulting Group. The report, “Unlocking Potential: How GCC Organizations Can Convert AI Momentum into Value at Scale,” reveals that UAE organizations are not only matching global peers but demonstrating exceptional progress in enterprise-wide AI deployment.

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Business & Investments

Exotel Launches ‘Harmony’ in the Middle East, Expanding Agentic AI-Led Customer Experience Platform across the Region

Harmony unifies voice, messaging, and AI into a single integrated platform, eliminating fragmentation across enterprise CX systems.

Conversational AI market in the Middle East & Africa is projected to grow to nearly USD 2.3 billion by 2031

Sachin Bhatia, Co-Founder & Chief Growth Officer, Exotel

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Business & Investments, Real Estate

NBQ and Deyaar Partner to Offer Home Financing Solutions for AYA Beachfront Residences

Umm Al Quwain, UAE; 10 February 2026:

National Bank of Umm Al Qaiwain(NBQ) andDeyaar Development PJSC, one of the UAE’s leading real estate companies, have announced a strategic agreement to provide home financing solutions for buyers of AYA Beachfront Residences, Deyaar’s first residential development in the emirate of Umm Al Quwain.

The partnership aims to facilitate homeownership and investment opportunities within the newly launched waterfront project, supporting demand for high-quality residential developments in Umm Al Quwain and reinforcing NBQ’s commitment to enabling sustainable growth in the real estate market.

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Business & Investments

NBQ’s net profits grew 15% to AED 581 Million in 2025

Umm Al Quwain–11 February2026:

The National Bank of Umm Al Qaiwain (NBQ) has delivered a strong financial performance in 2025, with profits after tax reaching AED 581 Mn, a 15% increase compared to 2024.

Total assets reached AED 22.9 billion as of 31st December 2025, are up 28 %compared to AED 17.9 billion by end-December 2024, with net loans and advances rising 17% to AED 9.1 billion, and customer deposits growing 38% to AED 15.7 billion over the same period. Shareholders equity grew by 9% to AED 6.6 billion. 

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