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Abu Dhabi Sets Emiratization Targets for Private School Teachers, Aims to Place More Than 2,000 Emiratis in Five Years

Abu Dhabi's Department of Education and Knowledge has introduced emirate-level Emiratization targets for teaching positions in private schools, with operators including Taaleem, SABIS and GEMS Education committing to hire Emirati educators.

UAE Startups and Innovators: Ayan, Tracking What AI Assistants Tell Shoppers About Brands

Ayan, a Dubai-based start-up that tracks how AI assistants describe brands to shoppers, has raised Dh2.2 million (about $599,000) in pre-seed funding to expand beyond the Middle East and North Africa.

NMDC Energy Wins AED2.8 Billion of Offshore Work From Saudi Aramco

Abu Dhabi-listed NMDC Energy has been awarded new offshore engineering, procurement and construction projects worth AED2.8 billion ($763 million) by Saudi Aramco.

QatarEnergy in Advanced Talks to Buy at Least 3 Million Tons a Year of LNG From Venture Global, Reuters Reports

QatarEnergy is in advanced talks with US exporter Venture Global on a long-term deal to buy at least 3 million metric tons of liquefied natural gas a year, Reuters reported.

Arada Raises $400 Million From Five-Year Sukuk at 8.875% in First UAE Developer Debt Sale Since War Began

Sharjah developer Arada Developments raised $400 million from a five-year US dollar sukuk with an 8.875% coupon, after orders topped $650 million.

One in Five UAE Affluent Investors Is Backing a New Business, HSBC Survey Shows

About 21% of affluent and high-net-worth investors in the UAE are launching, acquiring or investing in a new business, against 17% globally, HSBC research shows.

Al Meera Nine-Month Net Profit Rises 69.7% to QR82.2 Million

Qatari retailer Al Meera Consumer Goods Co. posted net profit of QR82.2 million for the nine months to September 30, 2026, up 69.7% from a year earlier.

UAE Accounted for About 61% of Gulf Sustainable Debt Issuance in First Nine Months of 2026, Fitch Says

The UAE accounted for about 61% of sustainable debt issuance across the Gulf in all currencies in the first nine months of 2026, according to Bashar Al Natoor, global head of Islamic finance at Fitch Ratings.

Bank of Sharjah Nine-Month Net Profit Rises 28.5% to AED558 Million as Net Interest Income Jumps 39.5%

Bank of Sharjah posted net profit of AED558 million for the nine months to September 30, 2026, up 28.5% from a year earlier, as net interest income rose 39.5% to AED717 million.

M42 and Siemens Healthineers Sign Pact to Explore Disease Screening and Prevention Across Africa and the Global South

Abu Dhabi health group M42 and German medical technology company Siemens Healthineers signed a memorandum of understanding to work together on disease prevention, screening and earlier detection across the Global South, with a focus on Africa.

Ziina Wins UAE Central Bank Retail Payments License, Adding Merchant Acquiring to Its Digital Wallet

Dubai-based fintech Ziina said it has received a Retail Payment Services Category III license from the Central Bank of the UAE, allowing it to offer merchant acquiring, payment aggregation and domestic fund transfers.

Bybit Wins Dubai VARA License for Spot Trading, Seeks Approval to Add Derivatives

Cryptocurrency exchange Bybit said its Dubai unit has received a license from the Virtual Assets Regulatory Authority covering spot trading, and that it hopes to add derivatives later.
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