Author: Arabian Media staff
Justin Smith, managing director at Ansarada/Image: Supplied Ansarada, a global firm dealing in virtual data room (VDR) technology, has announced its further expansion into the Middle East, bringing AI-powered dealmaking solutions designed to support the region’s ongoing economic transformation. According to Ansarada’s Q2 2025 market analysis, the UAE recorded 24 deals worth a total of $1.9bn during the quarter. Activity was strongest in energy and natural resources, financial services, and technology—sectors that highlight Dubai’s emergence as a global AI hub and its role in driving record levels of cross-border investment. The company has built a solid footprint in the region,…
Image: Getty Images The Alliance for Creativity and Entertainment (ACE), the world’s leading anti-piracy coalition, of which beIN MEDIA GROUP is a key member, has announced the shutdown of Streameast, one of the largest piracy networks globally. The operation was successfully executed in collaboration with Egyptian authorities. “ACE scored a resounding victory in its fight to detect, deter, and dismantle criminal perpetrators of digital piracy: by taking down the largest illegal live sports platform anywhere,” said Charles Rivkin, chairman of ACE and chairman and CEO of the Motion Picture Association (MPA). “With this landmark action, we have put more points…
Image: Submarine Cable Map 2025 – Telegeography Two of the most important undersea cables in global communications – SEA-ME-WE 4 (SMW4) and IMEWE – were damaged near Jeddah, Saudi Arabia over the weekend, disrupting connectivity across the Middle East, South Asia and parts of Africa. Read more: Slower internet in UAE, wider region amid Red Sea cable cuts While service providers worked to reroute traffic to keep networks running, the incident has highlighted just how crucial these systems are to the world’s digital economy — and how fragile the infrastructure beneath our oceans can be. SEA-ME-WE 4 (SMW4) and IMEWE…
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Image: Getty Images/ For illustrative purposes Dubai’s real estate market recorded Dhs51.1bn ($13.9bn) in property sales in August, a 7.9 per cent increase from a year earlier, with transactions rising 15.4 per cent year-on-year to 18,678, according to data released by real estate consultancy, fäm Properties. Apartment sales drove activity, reaching Dhs30.2bn as volumes rose 29.2 per cent to 15,900 units. Commercial sales hit Dhs1.2bn, up 20.4 per cent year-on-year with 442 transactions, while 392 plot sales worth Dhs8.9bn represented a 7.4 per cent rise in volume. Villa sales fell sharply, with volumes down 38.1 per cent to 1,944 units…
Image: Getty Images/ For illustrative purposes Mergers and acquisitions (M&A) in the Middle East rose 19 per cent in H1 2025 to 271 deals, bucking a 9 per cent global decline, according to PwC Middle East’s recently published TransAct mid-year update. The report, “Middle East M&A defies global slowdown powered by sovereign capital, reforms, and high-growth sectors”, said sovereign wealth funds, domestic investors and corporates are driving mid-market transactions that are easier to finance, faster to execute, and aligned with national priorities around localisation, digital sovereignty and economic diversification. “The Middle East has continued to show resilience and ambition in…
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Image: Getty Images Saudi Arabia’s gross domestic product (GDP) grew 3.9 per cent in the second quarter of 2025 driven by the non-oil sectors, according to government data estimates released on Monday. Non-oil activity grew by 4.6 per cent compared to the same quarter last year, according to the Saudi General Authority for Statistics. Sectors like electricity, gas and water showed the highest growth followed by finance, insurance and business activities. The economy grew across all sectors with oil up 3.8 per cent and government activities growing 0.6 per cent. Oil activities showed largest growth compared to the first quarter,…