Tag Archives: Featured

UAE Banks Federation Launches Financial Institution Resilience Package

Al Ghurair: Support Package Reflects UAE Leadership’s Vision and CBUAE’s Proactive Approach to Enhance Resilience and Reinforce Stability

Abu Dhabi, United Arab Emirates – 18 March 2026: The UAE Banks Federation, the sole representative and unified voice of UAE banks, affirmed that the comprehensive Financial Institution Resilience Package, approved by the Board of the Central Bank of the United Arab Emirates (CBUAE), chaired by His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of the Board of Directors of CBUAE, reflects CBUAE’s forward-looking approach to enhance resilience and reinforce the stability and strength of the UAE’s banking sector amid the exceptional conditions facing the region and the global economy.

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Presight Unveils First AI Fund Investments Under Its Intelligence Innovation Ecosystem

Six AI startups aligned to next-generation intelligent systems supported through strategic capital and access to world-leading AI infrastructure and proven commercial pathways

Abu Dhabi, UAE – 17 March 2026: Presight has unveiled the first six AI companies selected to receive investment through its AI Innovation Ecosystem, strengthening the pipeline of technologies designed to power next-generation intelligent systems at national and enterprise scale.  

The investments form part of the Presight–Shorooq Fund I (PSFI), a US$100 million global early-stage fund established in partnership with Shorooq.

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Forbes Middle East Unveils The 2026 Ranking Of The Region’s 100 Most Valuable Companies

A Look At The Middle East’s 100 Biggest Players In The Market

  • Total market cap across the 100 companies stands at $3.7 trillion.
  • The UAE remains at the top with 35 companies, followed by Saudi Arabia with 34 firms
  • Saudi Arabia leads in terms of market value, accounting for about 64% of the total.
  • The energy sector dominates in terms of market value, driven primarily by Aramco.
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Friends of Cancer Patients brings together 300 patients and families for Ramadan Iftar in Sharjah

Sharjah, March 12, 2026,

The Friends of Cancer Patients (FOCP) hosted 300 cancer patients and their families at its annual Ramadan Iftar at Al Jawaher Reception and Convention Centre in Sharjah, bringing patients and their loved ones together in an atmosphere of compassion, solidarity and spiritual reflection during the holy month..

The iftar was organised as part of the FOCP’s ongoing efforts to strengthen connections with patients and their families and to reinforce the values of community solidarity during the holy month, with support from IFFCO Group as the event’s sponsor.

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Azizi Developments begins rollout of AED 75 billion hospitality investment

Azizi Developments begins rollout of AED 75 billion hospitality investment with first five-star hotel in Dubai

Dubai, UAE – 10 March 2026: Azizi Developments, a leading private developer in the UAE, has laid the foundation for its first five-star hotel, marking the beginning of the rollout of its AED 75 billion hospitality investment plan that will further enrich Dubai’s world class tourism infrastructure.

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