Microsoft will ship more than 60,000 advanced AI chips to the UAE under a U.S.-approved deal, including the Nvidia GB300 “Grace Blackwell” models. The move is part of Microsoft’s broader investment aimed at accelerating the UAE’s technology ecosystem. Analysts say the shipment highlights the UAE’s growing role as a hub for artificial intelligence and advanced computing. The chips will support AI research, cloud services, and enterprise solutions, reinforcing the country’s digital infrastructure. This investment also demonstrates Microsoft’s commitment to expanding its presence in the region and fostering innovation. By providing high-performance AI hardware, the company enables local organizations to develop…
Author: Andrew Rogers
A United Arab Emirates State Minister met with Sri Lanka’s Foreign Affairs Minister in Colombo for the 2nd Joint Commission session, aimed at strengthening economic cooperation, trade, and investment. The session also focused on safeguarding the large Sri Lankan expatriate community living in the UAE, highlighting the countries’ commitment to mutual welfare and citizen protection abroad. Officials emphasized that the meeting reflects a growing partnership and ongoing collaboration between the two nations. Strengthening bilateral ties is seen as key to creating sustainable economic and social benefits. The joint session explored opportunities to expand trade agreements, encourage investment, and support joint…
Abu Dhabi has launched a temporary initiative to waive late renewal fees for businesses with long-lapsed licences. The program allows companies whose licences have been inactive for over three years to renew without paying additional charges. The move aims to support regulatory compliance and improve the investment climate in the emirate. Business leaders welcome the initiative as it provides an opportunity to reactivate operations without facing financial penalties. Many small and medium-sized enterprises (SMEs) with paused activities can now resume operations and contribute to the local economy. The measure also helps maintain accurate business records and regulatory data. Officials say…
The Central Bank of the United Arab Emirates has reduced its base interest rate to 3.90%, the lowest level seen since 2022. This decision aims to support economic growth and make borrowing cheaper for both consumers and businesses. Experts say the move will encourage spending and investment across the UAE, potentially boosting sectors such as real estate, retail, and manufacturing. Lower interest rates typically make loans more affordable, helping households manage debt and supporting companies in financing new projects. Analysts note that the UAE’s rate cut aligns with global trends. Several major economies have recently eased rates to counter slowing…
Sharjah’s economy has recorded strong growth of 8.4% in 2025, driven by robust performance in the real estate and transport sectors. Analysts say the increase reflects the emirate’s expanding business activities and strategic economic planning. Real estate remains a key contributor, with new developments, residential projects, and commercial properties fueling demand. Investors continue to show confidence in Sharjah’s property market, attracted by competitive prices and regulatory support. The transport sector has also been a major driver, benefiting from increased trade and logistics activities. Sharjah’s ports and logistics hubs are handling higher cargo volumes, helping businesses move goods efficiently across the…
The United Arab Emirates is taking a decisive step toward global tech leadership with the Stargate AI campus. The first 200 megawatts (MW) of its planned 5‑gigawatt (GW) capacity are expected to become operational in 2026. Led by Abu Dhabi‑based AI firm G42, this project is part of a broader strategy to become a global leader in artificial intelligence. Major tech players—OpenAI, Oracle, NVIDIA, Cisco, and SoftBank—are collaborating with G42 on this venture. Stargate UAE is being built under the UAE–U.S. AI Campus program in Abu Dhabi. The full campus will span 10 square miles and deliver up to 5 GW…
The United Arab Emirates is preparing to send its 21st humanitarian ship to Gaza, delivering essential aid amid a global peace initiative. This mission highlights the UAE’s sustained commitment to providing relief in crisis-affected areas. The ship will carry critical supplies, including food, medical equipment, and essential resources for families and communities in need. Officials emphasize that the UAE remains dedicated to supporting humanitarian efforts in Gaza, even as challenges persist in the region. This 21st mission builds on a long-standing UAE tradition of relief operations. Previous shipments have delivered thousands of tons of aid, addressing urgent needs and supporting…
The UAE economy is set to expand at a faster pace in 2025, with the Central Bank raising its GDP growth forecast to 4.9%. This marks an increase from the previous estimate of 4.4% and reflects the combined strength of higher oil production and a resilient non-oil sector. Oil output has been a key driver behind this upward revision. Global energy demand remains strong, and the UAE has strategically increased production to meet market needs. Analysts say this boost in oil activity will support government revenue and contribute to overall economic stability. Beyond the energy sector, the UAE’s non-oil economy…
Abu Dhabi’s business landscape is experiencing a major boost, with the city’s financial and commercial hub reporting a 42% increase in active companies compared to last year. This surge highlights the emirate’s growing appeal as a center for innovation, trade, and investment in the region. Experts attribute this remarkable growth to a combination of strong government support, modern infrastructure, and a diversified economy. Key sectors fueling the expansion include finance, technology, and professional services, which continue to attract both local and international businesses. The finance sector has seen significant developments, driven by the introduction of new investment opportunities, fintech innovations,…
Abu Dhabi has revealed a bold plan to become the world’s first AI-native government by 2027. The initiative aims to transform public services using advanced technology to improve efficiency and citizen engagement. The strategy focuses on full cloud adoption across all government departments. This step is expected to streamline operations, reduce costs, and create a more agile administration. Officials said that by leveraging cloud technology, the government can scale services faster and respond more effectively to citizens’ needs. In addition to cloud adoption, Abu Dhabi plans to implement over 200 AI solutions across various sectors. These technologies will cover areas…