The United Arab Emirates has approved an AED 1 billion National Industrial Resilience Fund to strengthen local industries, improve supply chain stability, and reduce reliance on imports. Mohammed bin Rashid Al Maktoum announced the initiative as part of a broader national strategy to build a more resilient and self-sufficient industrial ecosystem. The fund will support … Read more
Aldar Properties and Mubadala Investment Company have acquired The Link at Masdar City for AED 654 million ($178.1 million). They completed the deal on April 21, 2026, through their joint venture launched in 2024. This move helps them grow a strong portfolio of income-generating assets inside Abu Dhabi’s innovation zones. The Link gives them a … Read more
UAE-based startup Ray has stepped into the shared infrastructure space with a clear focus on solving a daily problem. The company raised $1.2 million in seed funding and has already rolled out its service in Dubai and Abu Dhabi. Instead of building just another utility, Ray is trying to become a default layer in how … Read more
Abu Dhabi and Dubai have been ranked the top two startup cities in the world for 2026. The latest global index highlights strong infrastructure, low taxes, and rising founder demand as key reasons behind the UAE’s growing position as a leading startup hub. Note: The ranking comes from the Startup & SME Friendliness Index by … Read more