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Global Markets Hit Record Highs as Trump-Xi Summit and Fed Clarity Reshape Investor Sentiment

Global equity markets closed the week of 15 May on a historic note, with the S&P 500 setting an all-time high for the second consecutive session, closing at 7,501.24, and.

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News

Globalpharma Signs 7 MoUs to Boost UAE Pharma Ecosystem

Globalpharma, a wholly owned subsidiary of Dubai Investments and one of the UAE’s leading pharmaceutical manufacturers, has signed seven strategic Memorandums of Understanding (MoUs) with leading partners to strengthen its.

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News Real Estate

Sobha Realty signs MoU with Keeta Drone to launch air delivery across UAE communities

Sobha Realty has signed a Memorandum of Understanding with Keeta Drone to integrate drone-based last-mile air delivery across its UAE residential communities, becoming the green air delivery company’s first official.

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Manufacturing News

The Strait That Won’t Reopen And Why Dubai Is at the Centre of It

On May 1, Singapore’s Prime Minister Lawrence Wong delivered one of the most consequential economic warnings of 2026. Some countries may slip into recession, he said, as the Middle East.

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Manufacturing News

The Trump-Xi Summit: What It Means for India and the UAE

When Donald Trump landed in Beijing on May 14 for his first visit to China since 2017, the world watched for signals on trade, Taiwan, and the Iran war. Two.

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News Retail

Dubai-Based Fashion Group Sumwon Studios Eyes $1 Billion Revenue by 2028

Sumwon Studios, a digital-first fashion group founded in Dubai in 2023, has formally established the emirate as its global headquarters as it scales toward a $1 billion revenue target by.

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News

Employee Happiness Awards Singapore & Malaysia debuts with a landmark gala celebrating people-first workplaces

The Employee Happiness Awards Singapore 2026, organised by Eventyst Global, made a powerful debut as the platform’s inaugural edition in Singapore. Held on 10th April at the prestigious Shangri-La Singapore,.

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News Technology

Restaurant Tech Platform Foodics Launches Relief Package for F&B Operators Across GCC and Egypt

Foodics, the restaurant operations and financial management platform, has launched a relief initiative called “Forward Together” targeting food and beverage operators across the GCC and Egypt. The initiative comes as.

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UAE startups
News Real Estate

UAE Design-and-Build Group K4 Expands Dubai HQ and Enters Abu Dhabi Market

K4, the UAE-based design-and-build group, has expanded its Dubai headquarters and entered the Abu Dhabi market, the company announced on 5 May. The move comes alongside an AED 50 million.

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News

UAE oil giant ADNOC pledges $55 billion in new projects by 2028

In one of its most significant investment announcements in recent memory, Abu Dhabi’s state-owned energy giant ADNOC has committed AED 200 billion, roughly $55 billion, toward new project contracts to.

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