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UAE Startups and Innovators: Popcorn AI Studio, an Arabic-First AI Video Platform

Dubai-based Popcorn AI Studio, which builds generative AI tools for film and video production, has raised $1 million in pre-seed funding led by Emirati...

Saudi Rail Passengers Rise 266.5% to 156.4 Million in 2025 as City Train Ridership Jumps 368%

Saudi Arabia’s railways carried about 156.4 million passengers in 2025, up 266.5% from 42.7 million in 2024, according to the General Authority for Statistics...

Dubai Investments to Sell 20% of DIP Holding in UAE’s First IPO of 2026

Dubai Investments will sell a 20% stake in its subsidiary DIP Holding, the owner of the Dubai Investments Park district, in the UAE’s first...

Ras Al Khaimah Signs Agreement With China’s UBTECH to Test and Deploy Humanoid Robots

The Government of Ras Al Khaimah has signed a memorandum of understanding with Hong Kong-listed UBTECH Robotics to test and deploy humanoid robots in...

Etihad Extends Abu Dhabi Flight Cancellations to Riyadh, Dammam and Jeddah Until October 24

Etihad Airways has extended the cancellation of flights between Abu Dhabi and the Saudi cities of Riyadh, Dammam and Jeddah until Saturday, October 24,...

Iraq’s Prime Minister Orders Oil Ministry Corruption Probe, Pledges Steps to Raise Oil Revenues

Iraqi Prime Minister Ali Falih Al-Zaidi has instructed the Federal Commission of Integrity to pursue corruption cases at the Ministry of Oil and said...

US Treasury Lifts Restrictions on Several Iraqi Exchange Firms, Central Bank Says

The US Department of the Treasury has lifted restrictions on several Iraqi exchange companies, the Central Bank of Iraq said on Sunday. The firms can...

Egypt Launches Investment Zone for Qatari Diar’s $29.7 Billion Alam Al Roum Project

Egypt has launched an investment zone for Qatari Diar’s $29.7 billion Alam Al Roum development on the country’s northwestern Mediterranean coast. The zone opens the...

Muscat Stock Exchange Launches Omani Women’s Investor Club to Broaden Investor Base

The Muscat Stock Exchange (MSX) launched the Omani Women’s Investor Club on Sunday to increase women’s participation in Oman’s capital market, the exchange said...

Central Bank of Iraq Triples Housing Finance Allocation to 3 Trillion Dinars

The Central Bank of Iraq has raised the funds it allocates to support the housing sector to 3 trillion Iraqi dinars, about $1.97 billion,...

Oman to Extend Local Content Certificate to Government Tenders in 2027

Oman plans to extend its Local Content Certificate to government entities covered by the Tenders Law in 2027, as it seeks to raise domestic...

Dubai Jewellery Group Signs Pact With Guangdong Gold Association to Open Chinese Markets to Members

The Dubai Jewellery Group has signed a memorandum of understanding with the Gold Association of Guangdong Province to ease market access for member companies...

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