Just in:
Technology shares plunge as Nasdaq enters correction // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // UK air traffic outage inflicted £33m financial losses // Emirates Group records AED 4.1 billion half-year profit // Emaar approves Development buyout ahead of planned delisting // Cloudflare unveils Zero Wire vulnerability intelligence service // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // Dubai boat show confirms international shipyard line-up for November // Kochi police detain two actors over bid to honey trap doctor // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // Oil and chip shares retreat after Democratic victories // Middle East governments assess Iran war after US vote // Oil advances towards $100 as tanker attacks persist // APT29-linked campaign exploits outdated Apple and Android software // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // TVM –Mangaluru Vande Bharat claims top spot // Private varsities bill all set to face the axe //

News related to
Dhabi

Abu Dhabi is on track to deliver roughly 8,000 new residential units by the end of 2025, driven by a wave of strong demand and buoyant off-plan sales across the city’s housing market. Real-estate consultancy Cavendish Maxwell reports that developers completed around 2,700 apartments, villas and townhouses during the first nine months of the year, and have lined up an additional 12,800 units for handover in 2026. […]

Abu Dhabi is preparing to host what organisers describe as the world’s largest debut media and entertainment gathering, with the BRIDGE Summit 2025 scheduled to run from 8–10 December at the Abu Dhabi National Exhibition Centre. The summit is expected to draw more than 60,000 participants from around the globe and bring together over 400 speakers and 300 exhibitors under a single roof.

Organisers envisage BRIDGE as an immersive platform that merges content, technology, culture, and commerce, structured across seven thematic tracks: Media; Creator Economy; Music; Gaming; Tech & AI; Marketing; and Picture — the latter covering film, streaming, and visual storytelling. The schedule includes more than 300 activities: roughly 200 panels, 50 workshops and interactive showcases, masterclasses and matchmaking zones designed to connect creators, investors, policymakers and media platforms.

Participation confirmed by high-profile figures signals the summit’s global ambition. International actor, filmmaker and DJ Idris Elba will join the line-up, bringing his cross-sector experience in entertainment and advocacy to the Summit’s discussions. Alongside traditional media heavyweights and cultural leaders, the Summit aims to spotlight emerging voices in the digital creator economy. The Creator Economy track alone is slated to feature more than 80 global contributors across 50 sessions investigating how influence, ownership and monetisation are reshaping creative industries worldwide.

Central to the Summit’s narrative is the challenge facing modern media: trust, credibility and sustainability. As traditional broadcast gives way to streaming and social platforms, and as generative AI reshapes production, issues of editorial independence, content verification, audience dynamics and revenue stability are moving to the forefront. The Media track is expected to convene over 100 global editors, founders, policymakers and investors to discuss funding models, algorithmic distribution, content integrity and the very ethics of influence in media today. The Summit’s ambition is to provoke debate and propose frameworks that can guide media’s future in an era of rapid technological disruption.

Beyond content and discussion, BRIDGE is designed as a marketplace for partnerships — blending culture, commerce and policy. Conversations already under way include cross-sector collaborations between media companies, tech firms, venture capital, and energy and infrastructure players. For example, recent talks involving global tech leadership have highlighted an alignment of media innovation with digital infrastructure capacity and clean energy, reflecting how foundational resources are becoming integral to media’s next frontier.

For countries and organisations navigating the tension between creative independence, monetisation and regulatory frameworks, the Summit offers a testbed. Delegates include creators seeking sustainable revenue, investors eyeing cultural-sector returns, technology firms exploring policy-driven AI integration, and governments looking to harness media’s influence in soft power projection. That diversity suggests the Summit could influence not just entertainment and content markets, but regulatory norms, global standards, and potentially the geopolitics of information dissemination.

Attendance projections and speaker rosters aside, the Summit’s scale poses logistical and structural challenges. Managing 60,000 attendees across multiple tracks, workshops and networking zones demands rigorous coordination. Questions around equitable representation — of global South artists, independent creators and regional media voices versus established global brands — remain. Observers are watching whether BRIDGE can balance commercial ambition with inclusivity and whether media integrity and creative freedom will be genuine priorities.

If execution aligns with vision, BRIDGE Summit 2025 could mark a turning point for the media and entertainment industry — reimagining how content, community, technology and commerce converge in the coming decade.

Abu Dhabi’s major energy players have agreed a US$1.9 billion transaction that hands over the power and water generation facilities of Emirates Global Aluminium at Al Taweelah to a joint venture between Abu Dhabi National Energy Company PJSC and DUBAL Holding LLC. The assets include a 3.1 gigawatt combined-cycle gas-fired plant and a desalination facility with 6.25 million imperial gallons per day capacity. Operational control will rest […]

Arabian Post Staff -Dubai Alpha Dhabi Holding’s acquisition of an additional stake in NMDC Group has raised its total holding in the marine services and engineering firm to 76.68 per cent, consolidating its controlling position in one of the UAE’s largest dredging and EPC-contractors. The purchase involved 82.5 million shares — equivalent to 9.77 per cent of NMDC’s share capital — acquired from AD Ports Group at […]

Abu Dhabi now offers public rides in fully driverless robotaxis operated jointly by WeRide and Uber, marking the first deployment of such services on the Uber platform outside the United States. Passengers can hail an autonomous vehicle on Yas Island using the Uber app — either through UberX or Uber Comfort — or select the newly added “Autonomous” ride option for a dedicated robotaxi.

The launch follows grant of a city-level commercial permit for Level 4 autonomous driving, issued in late October to WeRide, allowing the company to operate robotaxis without a safety driver on board. Local transport authorities approved the licence after WeRide demonstrated its technology and safety protocols through extensive testing over several months. This regulatory clearance and licensing represent a breakthrough in public acceptance of self-driving mobility in the region.

Initial operations are restricted to the tourist and leisure enclave of Yas Island, home to the Formula 1 Grand Prix circuit, where road traffic and infrastructure are relatively controlled. WeRide and Uber plan to expand coverage into central Abu Dhabi by the end of the year, aiming to broaden the footprint beyond the initial zone. The fleet — managed in collaboration with local operator Tawasul Transport — includes GXR-class robotaxi vehicles equipped with multiple sensors and cameras to navigate urban streets autonomously.

WeRide retains what it describes as a four-year first-mover advantage in deploying robotaxis in Abu Dhabi, having operated test and pilot robotaxi services since 2021. The company’s broader Middle East fleet already includes more than 100 robotaxis, with ambitions to scale into thousands over the coming years. This launch fits into Uber’s global vision for autonomous mobility, which aims to expand driverless operations to at least 10 cities by the end of next year.

Ride-hailing firms and autonomous-vehicle companies have long eyed the Middle East as a favourable terrain for self-driving deployment, thanks to relatively predictable urban layouts, supportive regulators, and growing appetite for smart mobility solutions. For Uber and WeRide, the Abu Dhabi rollout demonstrates that regulatory, technological and commercial challenges can be addressed in unison.

City officials from the Integrated Transport Centre have emphasised that the licensing process required rigorous review of safety standards and compliance steps before granting commercial operator status. WeRide had earlier secured a national-level licence for self-driving vehicles in 2023, and the new city-level permit is among the first of its kind outside the United States. That dual-licence history helped accelerate trust among authorities and the public.

Drivers and ride-hailing staff will still be involved behind the scenes — Uber, through Tawasul Transport, will handle fleet maintenance, cleaning, charging and vehicle readiness, while WeRide retains responsibility for sensor calibration, software updates and compliance. That model reflects a hybrid approach aimed at balancing technology, operations and safety.

Passengers have reacted with cautious optimism. Some early users welcomed the novelty and convenience of driverless rides, especially in a region with extreme weather and limited public transport options. Others raised concerns over reliability, data privacy, and how the autonomous system would respond to unpredictable road events such as pedestrians or errant drivers.

Abu Dhabi’s Modon Holding has taken a strategic equity stake in Wellington Lifestyle Partners, signalling its first foray into a high-end equestrian and real estate development project in the United States. The investment is slated to support the expansion of Wellington International showgrounds in Florida and underpin an ambitious ultra-luxury development that blends horse sport, upscale residences, hospitality and leisure amenities. The funding will go toward completing […]

Abu Dhabi: Financial executives from over 20 Arab countries gathered this week at the newly formed Sanadak unit to examine its dispute-resolution model designed for banks and insurance firms, marking a push by the UAE to raise consumer-protection standards across the region. Sanadak cited engagement with the 50 delegates as an opportunity to showcase how its independent mechanism can serve as a regional benchmark, while participants praised the UAE’s pro-consumer frameworks and stressed transparent regulation as vital for financial trust.

Sanadak operates under the oversight of the Central Bank of the UAE and was established to adjudicate complaints between consumers—or small to medium-sized enterprises—and licensed financial institutions or insurance companies. Its core functions include receiving complaints online or via app, verifying that 15 calendar days have passed from the institution’s response or a lack thereof, and moving the matter into resolution or referral to appeal-committees.

At the gathering, Sanadak emphasised that its role extends beyond the UAE, as the first financially-regulated specialised ombudsman unit in the Middle East and North Africa region. The unit highlighted how its jurisdiction, rules and structure could offer a template for cross-border alignment among Arab states seeking stronger consumer redress in banking and insurance. The discussion touched on the unit’s values of impartiality, accessibility, efficiency and integrity.

The session underscored several key trends: First, financial-services regulators globally are moving toward early-intervention powers, unified licensing for banks and insurers, and forward-looking oversight of fintech and digital-asset services. The UAE’s newly enacted Federal Decree-Law No. 6 of 2025 consolidates banking, finance and insurance regulation and confirms Sanadak’s independent mandate for complaints resolution.

Second, consumer-protection mechanisms are gaining regulatory prominence as market participants cope with rising complexity in product offerings, from digital banking to insurance-linked investment products. Sanadak’s model aims to provide a single portal of access and streamline resolution without resorting to litigation. Officials say this helps build consumer confidence, enhance financial inclusion and strengthen institutional integrity.

Third, regional cooperation and benchmarking among Arab states were highlighted as emerging priorities. Delegates at the meeting emphasised that harmonised complaint-handling standards will bolster cross-border financial activity and investor trust. One delegate observed that adopting a model such as Sanadak’s “sends a strong signal that consumer rights are integral to banking-sector stability”.

Sanadak’s leadership also outlined practical outcomes: the resolution of insurance-sector disputes via permanent committees including independent judges and experts was mandated by Administrative Resolution No. 10-A/1/2024, issued by the Central Bank. That rule establishes minimum timelines, virtual-hearing options and defined fee structures—from AED 100 for fixed-value disputes up to AED 30,000 for higher-value claims.

The initiative aligns with the UAE’s broader ambition — underpinned by its “digital-first” strategy — to present its financial sector as accessible, regulated and globally competitive. Sanadak states its mission to support trust in the financial system and foster financial-inclusion goals through education and accessible redress.

Nonetheless, challenges loom. Ensuring that external, regional institutions adopt the same discipline and that complaints-resolution outcomes are enforceable across jurisdictions remains uncertain. Some financial-services observers caution that consumer-protection frameworks must evolve as digital-asset services proliferate and as cross-border financial activity expands. One expert described the regulatory change as “about future-proofing the UAE’s financial system by ensuring it remains resilient, inclusive and responsive to emerging technologies”.

Advertisements

Abu Dhabi-listed NMDC Energy has launched a full branch in Taiwan and a commercial office in Shanghai, marking a strategic move into the Asia-Pacific region to support its project pipeline and strengthen supply-chain relationships. The company also sealed a memorandum of understanding with CITIC Steel, one of China’s largest steel producers, signalling a concerted effort to lock in reliable sourcing for its energy-services operations. NMDC Energy’s decision […]

The Tawazun Council for Defence Enablement recorded nine new contracts worth AED 1.012 billion on behalf of the Ministry of Defence on the fifth and final day of the Dubai Airshow 2025, elevating the event’s five-day total to 36 agreements with a cumulative value of AED 25.455 billion.

At a press conference in Dubai attended by spokespersons Majed Ahmed Al Jaberi, Abdulla Ahmed Al Saeedi and Manea Abdulkarim Al Mansoori, the council detailed that six of the final-day contracts, sized at AED 544.675 million, were with local firms, while the balance, AED 467.913 million, involved international companies.

Among the domestic deals, two contracts with the Abu Dhabi-based M4 Trading comprised a AED 57.636 million order for a Grand Control Station and a AED 161.634 million deal for aircraft procurement. A AED 29 million contract went to Al Taif Technical Services Company for cooling-equipment and power-generator maintenance, while MP3 Company secured a AED 154.5 million agreement for aerial-rescue systems and spare parts. International Golden Group received AED 65.905 million for aerial drop systems and AED 76 million went to Abu Dhabi Autonomous Systems Investments for drone procurement.

On the global front, two agreements with Lockheed Martin amounted to AED 184 million and AED 63.551 million respectively for maintenance and spare-parts support. A third contract with Raytheon Technologies was valued at AED 220.362 million for friendly-force identification systems.

Across the event, earlier announcements show the council had already signed 20 contracts worth AED 18.01 billion during the first three days of the airshow. This underlines a consistent pace of deal-making spanning both national and international industrial partners.

The contract portfolio highlights the UAE’s emphasis on building a robust domestic defence-and-security-industrial ecosystem, spanning aircraft systems, drones, radars, simulation and service-support infrastructure. Analysts note this reflects a shift from traditional procurement towards localisation, technology transfer and national capability building.

Tawazun’s officials emphasised that the partnerships frame more than incremental orders; they represent structural steps toward embedding industry in sovereign defence strategy. Ms Mansoori observed that the council “continues to foster a competitive and enabling environment for the private sector” and that the outcomes achieved through the airshow “reflect the UAE’s vision of developing an integrated, innovative and strategically driven defence and security sector.”

While the headline figure of AED 25.455 billion positions Dubai Airshow 2025 among the region’s most commercially active defence gatherings, some independent observers caution that the true measure of success will rest on execution, delivery timelines and domestic-industry uptake. Questions remain about how many contracts include meaningful offsets, R&D components and long-term local value-creation versus straightforward procurement.

Nevertheless, the event’s records reinforce Dubai’s growing role as a hub for aerospace-defence engagement, with deals touching both military and dual-use capabilities. Compared with earlier editions, this year’s flow involves a higher proportion of contracts that combine hardware, maintenance-services and technology-transfer features — signalling deeper industrial ambition rather than purely kit acquisition.

The spread of contract-values — from tens of millions of dirhams for niche specialised systems to multi-hundred-million agreements with global primes — reveals a multipronged strategy. Domestic SMEs are being drawn into the supply chain alongside major established defence-sector players, thereby diversifying participation and reducing reliance on external supply.

As the UAE moves ahead with its national defence-industrial roadmap, the final-day flurry of deals from Tawazun brings the focus firmly onto the implementation phase of those agreements and the strategic partnerships that will underpin them over the coming years.

Arabian Post Staff -Dubai A major Abu Dhabi conglomerate has confirmed that it has formally expressed interest in acquiring overseas assets of a large Russian oil group, aligning with other global energy players eyeing the same prize. International Holding Company said it has notified the U. S. Treasury Department of its interest in buying foreign-based assets of Lukoil, placing it in active contention alongside the likes of […]

Abu Dhabi’s infrastructure expansion enters an ambitious phase with the Abu Dhabi Projects and Infrastructure Centre announcing a capital-projects pipeline valued at US$54 billion over the next five years, and ambitions to double the size of this programme by 2040. Officials described the initiative as a broad invitation to overseas and regional contractors to engage in major new developments spanning housing and social infrastructure. During a road-show […]

Arabian Post Staff -Dubai During a private audience at the Vatican, Pope Francis offered high praise for the United Arab Emirates, describing the country as a “global model” for promoting the values of coexistence and human fraternity. He underlined the readiness of the Holy See to deepen cooperation with the Higher Committee of Human Fraternity, an initiative rooted in the landmark February 2019 document on human fraternity. […]

The Abu Dhabi Securities Exchange has marked its 25th year, standing today as one of the world’s top 20 stock markets by market value. Founded in 2000 with just 12 listed companies, the exchange now hosts more than 200 securities, carries a market capitalisation in excess of AED 3 trillion and counts 1.2 million investors drawn from over 200 nationalities. This milestone comes as the ADX embarks […]

Abu Dhabi-listed NMDC Energy PJSC has opened a new branch in Taiwan and established a commercial office in Shanghai as it taps deeper into the Asian energy services market and seeks to strengthen its upstream supply-chain links. The company confirmed the Taiwan branch and Shanghai office during its latest expansion move. The move follows NMDC Energy’s award of a US $1.136 billion engineering, procurement and construction contract […]

A collaboration between the Technology Innovation Institute and Space42 will deliver the first space-to-ground quantum-communication network in the United Arab Emirates, signalling a significant step in national cyber-security strategy. The partnership, unveiled at the Dubai Airshow, brings together TII’s advanced research into Quantum Key Distribution and Space42’s satellite infrastructure to form a sovereign system capable of ultra-secure data transfer between orbiting platforms and terrestrial stations. TII and […]

First Abu Dhabi Bank has mandated a group of global and regional banks to arrange investor calls on Wednesday, 19 November, signalling the preparation of a benchmark USD-denominated Additional Tier 1 capital issuance. The Abu Dhabi-based lender, rated Aa3 by Moody’s and AA- by both S&P and Fitch, is targeting a fixed-rate, resettable perpetual instrument with a non-call six-year structure, expected to be rated Baa3 by Moody’s, subject to market conditions.

FAB has appointed Abu Dhabi Commercial Bank, Barclays, Emirates NBD Capital, itself, HSBC and Standard Chartered Bank as joint lead managers and bookrunners for the issuance, reflecting a strong syndicate backing. According to institutional-market briefings, the period of investor calls is intended to gauge pricing, demand, and issuance size ahead of launch.

This move marks FAB’s first benchmark AT1 issuance in approximately five years and comes as the bank seeks to bolster its capital buffer amid evolving regulatory expectations. Market-specialist commentary notes that such securities serve a dual purpose: providing permanent capital that counts towards Tier 1 regulatory ratios while offering issuers the flexibility of a call option after a set period — in this case six years — to redeem, subject to certain conditions.

FAB’s prior issuance of a senior green bond earlier this month — a €850 million deal priced at mid-swaps plus 70 basis points after opening at plus 100 basis points — underlined its readiness to access capital markets. That deal illustrated investor appetite for the bank’s funding instruments and the bank’s willingness to tap diverse instruments and jurisdictions. The proposed AT1 issuance broadens FAB’s capital-raising toolkit further.

In assigning an expected rating of Baa3 by Moody’s for the proposed issue, the bank is effectively targeting the lowest investment-grade category from that agency for this level of instrument. Such ratings reflect the subordinated nature of AT1 securities; they rank lower than senior debt in the creditor hierarchy and often incorporate features such as coupon discretion and loss-absorption mechanisms — factors that carry higher credit risk for investors compared to senior bonds.

Emerging-markets commentators note that demand for Gulf-region AT1 securities has been relatively scant over the past year as investors have weighed macro-economic headwinds, rising interest-rate environments and regulatory adjustments. The Gulf region’s total primary issuance of bonds and sukuk for the first quarter of the year was reported at USD 51.5 billion, down from USD 55.5 billion in the same period a year prior; within this, financial-institution capital instruments formed a subset of activity. Nevertheless, select banks continue to tap issuance windows that align with investor sentiment.

For FAB, the timing appears strategic: the bank’s common equity Tier 1 ratio stands at 13.7 per cent — a figure comfortably above its internal threshold of 13.5 per cent but lower than the 14.3 per cent recorded a year earlier. This suggests room for issuing capital-absorption securities like AT1 to reinforce buffers without triggering market concern. Regulatory changes also loom: UAE banks are due to face a 50-basis-point increase in the counter-cyclical buffer next year, which will raise total capital requirements and heighten the capital-management imperative.

Investor calls scheduled on 19 November are expected to cover structuring options, timing of launch, target size and investor syndication. Initial market commentary anticipates that FAB may aim for a headline size in the region of USD 750 million — consistent with its last AT1 benchmark in 2020 — although precise sizing will hinge on demand and market dynamics.

The joint bookrunners assemble a strong global footprint: Barclays, HSBC and Standard Chartered provide global investor access while Emirates NBD Capital and Abu Dhabi Commercial Bank offer regional distribution strength. That reflects FAB’s dual aim of tapping both GCC-based and international institutional investors. Market observers believe that if oversubscription builds, pricing could tighten relative to initial guidance and the syndicate may consider increasing sizing accordingly.

The developer behind the world-famous skyscraper in Dubai has acquired a 12th-century fortress in the rolling hills of Umbria and laid out a vision for one of Europe’s most opulent destination resorts. Mohamed Alabbar, founder of Emaar Properties, confirmed the purchase of Castello di Antognolla for around US $55 million and disclosed plans to invest as much as US $145 million further, bringing the total commitment to […]

Abu Dhabi-based aerospace engineering firm Sanad Aerotech has reported a substantial increase in its order backlog and rapid expansion into new engine platforms as airlines face global supply-chain constraints in engine manufacturing. The company disclosed that its backlog rose by 5 billion UAE dirhams to more than 38 billion dirhams as of end-June, driven by heightened demand from carriers struggling to secure engine availability. Sanad, backed by […]

Abu Dhabi based investment firm Lunate has escalated its global ambitions after deploying roughly US$13.5 billion and signalling plans to raise even larger funds for 2026 launches. Founded in 2023 and backed by the emirate’s investment ecosystem, Lunate raised about US$17 billion in 2024 for its flagship funds and has invested around 80 per cent of that amount, according to individuals familiar with its operations. The firm […]

Global alternative asset manager KKR & Co. has inaugurated a new office within the Abu Dhabi Global Market financial district, marking a significant expansion of its Middle East footprint. The office will be led by Julian Barratt‑Due, Managing Director and Head of Middle East Investing at KKR, with David Petraeus serving as Chairman of KKR Middle East, reinforcing the firm’s commitment to the region.

KKR’s decision underscores its confidence in Abu Dhabi as a gateway for global capital targeting the Gulf region. With assets under management totalling around US$720 billion, the firm already operates hubs in Dubai’s DIFC and Riyadh and views ADGM as a strategic next step.

The Abu Dhabi office aims to enhance KKR’s capacity to serve institutional clients and invest in a range of sectors including infrastructure, technology, and alternative assets across the Gulf. The move aligns with the firm’s broader strategy of partnering for long-duration assets in the region, as evidenced by its acquisition of a minority stake in ADNOC Gas Pipeline Assets LLC and investment commitments in the data centre platform Gulf Data Hub.

Abu Dhabi’s appeal lies in its stable economic foundations, regulatory clarity via ADGM’s common-law framework, and its ambition to become a major global financial centre. ADGM emphasised that KKR’s arrival reflects the city’s expanding role in the global investment ecosystem.

From KKR’s perspective, the firm has stated that the new presence will enable closer collaboration with regional partners and enhance responsiveness to market opportunities. The leadership structure signals that KKR is aiming for a long-term, on-the-ground commitment rather than a passive regional representation.

This move comes amid a broader industry trend of asset managers shifting focus toward the Gulf region. Firms such as PGIM have previously opened offices in ADGM, responding to abundant regional capital, favourable tax regimes, and dynamic infrastructure programmes.

Investors highlight that the Gulf markets are undergoing structural transformation, driven by diversification away from hydrocarbon dependence, growth of digital economies and infrastructure modernisation. KKR’s investments in energy and data-centre platforms illustrate how global managers are aligning with those shifts.

For Abu Dhabi, the addition of a major player like KKR bolsters its ambition to attract global financial services and alternative-capital players. ADGM’s track record of rising company registrations and assets under management suggests the jurisdiction is gaining momentum.

However, experts caution that competition is intensifying: neighbouring hubs such as Dubai and Riyadh are also targeting global managers, meaning KKR and similar firms will need to demonstrate differentiated value-propositions to win deal flow and client mandates. Some analysts note that while large sovereign wealth funds in the region remain dominant allocators, attracting third-party capital remains a challenge.

Operationally, establishing a local hub brings costs, regulatory obligations and talent-acquisition hurdles. While KKR cites its established regional presence and leadership under Petraeus and Barratt-Due as advantages, execution will be scrutinised by investors seeking measurable regional capital deployment and returns.

In the context of broader global asset-management dynamics, the Gulf real-assets market offers long-term, low-yield, inflation-hedged opportunities—an appealing counterbalance to the high-rate, equity-valued portfolios that dominate Europe and North America. KKR appears to be positioning itself to capture that shift, reinforcing its global expansion strategy.

A pact between SkyGrid and High Lander has been signed at the Dubai Airshow 2025 to construct a framework for advanced air-mobility operations in the United Arab Emirates, focusing on integrating crewed and uncrewed aerial vehicles. The memorandum of understanding calls for development of airspace management ecosystems, digital operations for electric vertical take-off and landing aircraft and cargo drones, vertiport planning and cybersecurity protocols. SkyGrid, headquartered in Austin, Texas, acts as a third-party service provider for advanced air mobility operations, while High Lander offers unmanned traffic-management and drone-fleet-management solutions. The deal is part of the UAE’s ambition to position Abu Dhabi as a hub for next-generation aviation services.

Under the agreement the firms will jointly assess “Advanced Air Mobility Supporting Operational Environments” to develop technology road-maps and regulatory frameworks that facilitate scalable AAM operations. The collaboration targets areas including airspace integration, enabling vertiport infrastructure, securing digital operations and ensuring safe coexistence of crewed and uncrewed aircraft. SkyGrid chief executive Jia Xu said the alliance “represents a significant milestone in shaping the digital foundation of Advanced Air Mobility in the UAE and across the Middle East”. High Lander’s chief executive Alon Abelson commented that the environment in the UAE, supported by major aerospace players, constitutes “the perfect environment to demonstrate how automation, data-driven management and cross-industry collaboration can transform the future of air mobility”.

Analysis of this partnership places it amid a broader global push for uncrewed traffic-management systems and urban or regional air-mobility networks. Industry research shows that UTM ecosystems are considered vital for the safe scaling of commercial beyond-visual-line-of-sight drone operations. A 2024 readiness index issued by the Global UTM Association named both companies among participants in task forces shaping digital airspace adoption worldwide. That makes this UAE-based partnership a concrete step from theoretical planning to operational readiness.

The UAE’s Economic Vision 2030 describes diversification into technology, aerospace and transport as key pillars. The SkyGrid–High Lander partnership explicitly links with these goals, signalling industry-scale intentions rather than pilot programmes alone. By creating a unified operational blueprint, regulators and operators in the Gulf region may be asked to adapt their air-space classification, licensing and infrastructure regimes. Implementation will still depend on national aviation regulator approvals, air-traffic-management integrations, and standards alignment with international frameworks.

Despite the ambition, challenges remain. Data-sharing protocols across crewed and uncrewed systems must meet stringent safety and cybersecurity standards. Vertiport infrastructure—dedicated landing and take-off sites for eVTOL vehicles—is still nascent globally and will require investment and spatial planning, especially in congested urban zones. Moreover, global certification regimes for eVTOLs and unmanned systems are evolving; regulatory uncertainty may slow deployment. Analysts caution that while the Gulf region offers less airspace congestion than some metropolitan centres, integration of new aircraft types must still ensure separation from traditional air-traffic flows.

The Middle East’s aviation market is poised for an extraordinary expansion, according to Airbus’s Global Market Forecast 2025. The region, currently experiencing rapid economic growth and a surge in travel demand, is expected to see its in-service fleet more than double over the next two decades. The forecast reveals that the fleet will increase from 1,480 aircraft in 2024 to 3,700 by 2044, driven by both the […]

The launch of the UAE’s Financial Inclusion Strategy has been hailed as a pivotal move in advancing economic access for all, not only within the country but also across the broader Middle East and North Africa region. Ousmane Dione, Vice President for the World Bank’s MENAAP region, underscored the significance of the initiative, framing it as a transformative step that will set a precedent for further developments in financial inclusion.

Speaking at the MENA Leaders’ Summit on Financial Inclusion in Abu Dhabi, Dione expressed his enthusiasm for the UAE’s leadership in this area. He noted that the nation’s decision to launch a comprehensive financial inclusion strategy demonstrates its forward-thinking approach, which aligns with global objectives of promoting equal economic opportunities. The event, organised by the Central Bank of the UAE in collaboration with the Arab Monetary Fund and the World Bank, served as a forum for regional leaders to exchange insights on tackling the challenges that hinder financial access in the MENA region.

The UAE’s initiative seeks to enhance financial services for underserved and unbanked populations, including women, low-income households, and small businesses. This strategy is in line with global efforts to bridge the financial inclusion gap, particularly in emerging economies where a significant proportion of the population remains excluded from formal financial systems.

Dione’s remarks highlighted the importance of creating an inclusive financial ecosystem that enables individuals and businesses, regardless of their background or income level, to access essential financial services. The UAE’s strategy addresses several key areas, including expanding digital payment systems, enhancing financial literacy, and ensuring the accessibility of financial services to remote and underserved communities.

The summit, which brought together leaders from across the MENA region, was a significant step towards addressing the region’s financial inclusion challenges. Many countries in the MENA region still face considerable hurdles in achieving universal financial inclusion, such as limited access to banking infrastructure, low levels of financial literacy, and insufficient regulatory frameworks to support digital finance innovations.

A key topic of discussion at the summit was the role of digital technologies in fostering financial inclusion. Mobile banking, digital wallets, and blockchain-based financial services were identified as critical enablers of inclusive financial systems. These technologies provide a means for individuals who lack access to traditional banking services to participate in the financial ecosystem, empowering them to save, borrow, and invest in their futures.

In his comments, Dione acknowledged that while progress has been made in several MENA countries, significant challenges remain. He emphasised the need for continued collaboration among governments, financial institutions, and technology providers to overcome barriers to financial access. The World Bank has committed to supporting regional efforts to enhance financial inclusion, providing technical expertise and financial resources to initiatives like the UAE’s strategy.

The UAE’s leadership in this area reflects its broader ambitions to position itself as a regional and global leader in financial services. Over the years, the country has invested heavily in developing its financial infrastructure, becoming a hub for banking and fintech innovation. The launch of the Financial Inclusion Strategy is a natural extension of these efforts, aiming to ensure that the benefits of economic growth are more equitably distributed.

One of the notable aspects of the UAE’s strategy is its focus on women’s financial empowerment. Women in the MENA region have historically faced significant barriers to accessing financial services, with factors such as cultural norms and limited financial literacy often preventing them from participating fully in the economy. The UAE’s strategy includes targeted measures to increase women’s participation in the financial system, recognising that empowering women is crucial for driving broader economic growth and development.

The event in Abu Dhabi also underscored the growing importance of regional cooperation in tackling financial inclusion challenges. Leaders from various MENA countries exchanged best practices and discussed ways to harmonise regulatory approaches to digital finance. The World Bank’s involvement in the summit highlights its commitment to supporting the region’s efforts to build more inclusive financial systems.

Abu Dhabi has taken a significant leap in transport innovation with the launch of a new category for modular smart vehicles. This category, developed by the Integrated Transport Centre, an affiliate of the Department of Municipalities and Transport, marks a global first. These vehicles are capable of reconfiguration, allowing their individual modules to connect or separate based on specific operational requirements. This development was revealed during the […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Miss Universe Hong Kong Jen Zhou Departs for Puerto Rico to Compete in the 75th Miss Universe World Final // The “1st Greater Bay Area Health and Longevity Summit & Awards Ceremony” concludes successfully in Macao // e-Crime Bureau Signs Cybersecurity Partnership With Smart Africa, Reinforcing Its Global Expansion // Private varsities bill all set to face the axe // Dubai boat show confirms international shipyard line-up for November // Hong Kong mandates crypto transaction disclosures to tax authorities // CR Longdation Aethereal Cybersecurity × Global Cybersecurity Alliance (GCSA) Join Hands to Establish the “AI and Cybersecurity Research Centre” // Asia Left Behind: Ten international companies have yet to report delivering on their cage-free egg pledges across the region // Geely’s i-HEV Intelligent Hybrid Technology Offers a New Direction for Gasoline-Powered Vehicles // Trump’s Iran War Has A Share Of Contribution To His Midterm Debacle // ADIA and partners establish $1.4 billion aviation venture // Millions Of Indians May Soon Be Deprived Of Government Assistance // Ta’ziz finalises $1.39bn funding for Ruwais industrial facilities // Technology shares plunge as Nasdaq enters correction // Cloudflare unveils Zero Wire vulnerability intelligence service // Fast Just Got Fastest: STING Energy Boost™ Celebrates Kimi Antonelli’s Formula 1® World Championship and the Fan Energy Behind It // Meraas showcases five residential zones at Dubai Design Week // Oil advances towards $100 as tanker attacks persist // Xi Jinping Preparing For A Trilateral Summit With Trump And Putin At APEC Summit On Nov 18-19 // After Reaching 7 Million Users in the Philippines, Skyro Launches Transparent Cash Loans in Malaysia //