Author: Arabian Media staff

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Image: Supplied In a landmark fusion of technology and talent, Aligned Automation, an AI-driven global professional technology services company, has taken its data intelligence expertise to the motorsport arena through a partnership with Diana Pundole, the first Indian woman to race a Ferrari. The collaboration was unveiled at a high-energy event at Taj Exotica, Dubai, where Pundole revealed the Ferrari 296 Challenge car, emblazoned with the Aligned Automation (AA) brand, marking the start of her Middle East race tour. More than a sponsorship, the partnership represents a unique experiment in applying enterprise-grade data analytics to real-time racing performance. For Aligned…

Image: Getty Images China said on Friday that it would take necessary measures to protect the legitimate rights of Chinese enterprises and citizens in response to US sanctions related to Iran’s oil trade that targeted a Chinese refinery. China urges the United States to stop resorting to sanctions, Guo Jiakun, a spokesperson for the foreign ministry, told a regular press briefing, adding that China will protect its energy security. The sanctions were imposed on about 100 individuals, entities and vessels, including a Chinese independent refinery and terminal, that helped Iran’s oil and petrochemicals trade. Source link

DMCC, the global business district driving international trade through Dubai, and REIT Development have announced the appointment of the National Engineering Bureau (NEB) as the design and supervision consultant for Crypto Tower — the world’s first commercial tower dedicated to Web3 and digital assets. Situated in the heart of Jumeirah Lakes Towers (JLT), Crypto Tower will provide purpose-built commercial space for companies in blockchain, crypto, and digital assets. The appointment of NEB marks a key milestone in the project’s development, underscoring DMCC’s commitment to delivering world-class infrastructure that supports the growth of next-generation technologies. With over four decades of experience,…

Image: Getty Images/ For illustrative purposes MultiBank Group, the global financial derivatives institution headquartered in Dubai, has achieved key milestones in its introducing broker (IB) programme. The group now counts over 30,000 partners globally and has paid more than $120m in commissions to its IB network over the past 12 months. The milestone underscores MultiBank Group’s commitment to building a transparent, trust-driven ecosystem that supports sustainable growth across its global partner community. The IB Programme provides access to advanced trading infrastructure, competitive commission structures, and comprehensive partner support, enabling brokers to expand their businesses while leveraging MultiBank Group’s deep liquidity,…

Image: Supplied Dubai has launched a new framework that allows free zone companies to operate in the mainland under a structured permit system, in a move aimed at simplifying cross-jurisdiction operations, expanding business opportunities, and supporting the goals of the Dubai Economic Agenda, D33. The initiative, introduced by the Dubai Business Registration and Licensing Corporation (DBLC) under the Dubai Department of Economy and Tourism (DET) in collaboration with the Dubai Free Zone Council, is expected to benefit more than 10,000 companies operating in Dubai’s free zones. It offers cost-effective access to domestic trading, government contracts, and public tenders previously restricted…

Maha Al Shamsi, co-founder of MSKD Global/Image: Supplied A new generation of Emirati entrepreneurs is reshaping how global capital meets local opportunity. Among them is Maha Al Shamsi, co-founder of MSKD Global, a firm redefining commercial brokerage through strategic alignment, cross-border expertise, and a deep understanding of the UAE’s economic vision. For Al Shamsi, commercial brokerage is no longer about transactions — it’s about transformation. “Commercial brokerage is no longer about simply connecting buyers and sellers; it has evolved into a strategic advisory role that requires deep knowledge of global capital flows, regulatory frameworks, and local market opportunities,” she says.…

Image: Getty Images/ For illustrative purposes First Abu Dhabi Bank (FAB), the UAE’s largest lender, has issued its second blue bond — a $20m, three-year issuance — marking another step in its efforts to finance ocean and water-related projects that advance climate resilience and environmental sustainability. The new issuance follows FAB’s inaugural blue bond in August, bringing the bank’s total blue bond issuances to $70m. Blue bonds, still relatively new in global capital markets, channel investment toward initiatives that conserve marine ecosystems, safeguard coastlines, and promote blue carbon projects. The bank’s issuance aligns with its 2023 Sustainable Finance Framework and…

Self-driving electric trucks are now on the move in a UAE industrial zone, the result of a first-of-its-kind partnership between autonomous vehicle developer Evocargo and RAK Ceramics. The trucks, known as the Evocargo N1, are now fully integrated into RAK Ceramics’ logistics operations in the Al Jazeera Al Hamra industrial zone, where they ferry products between key facilities. Evocargo says the vehicles can navigate dynamic environments in real time, detecting and interpreting road signs, lane markings, pedestrian crossings and other infrastructure features. Each truck offers a range of up to 200km on a single charge. The N1 is powered by…

Image: WAM Abu Dhabi Airports, Al Hail Holding and technology partner Xare have signed a memorandum of understanding (MoU) aimed at advancing the UAE’s position as a global hub for tourism, fintech, and sustainable mobility. The collaboration will pilot next-generation payment solutions and smart transport initiatives designed to enhance passenger experiences and support the nation’s digital economy ambitions. Under the agreement, the partners will develop a regulated digital wallet for inbound travellers, to be piloted at Zayed International Airport. The wallet will enable secure, cashless transactions and offer visitors a streamlined platform for payments across airport services, integrating stablecoin and…