Author: Arabian Media staff
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Lifesize Plans Dubai/Image: Supplied The UAE’s rapidly expanding PropTech sector is emerging as a critical driver of the nation’s ambition to be a global hub for innovation, real estate, and smart urban living. By adopting advanced technologies such as artificial intelligence (AI), blockchain, Internet of Things (IoT), virtual reality (VR) and augmented reality (AR), the country is enhancing efficiency, transparency, and customer experience across the real estate value chain. Valued at Dhs2.24bn in 2024, the UAE’s PropTech market is projected to nearly triple to Dhs5.69bn by 2030, growing at a compound annual growth rate (CAGR) of 17.49 per cent, according…
Image credit: Getty Images AI-powered recruitment tools are becoming quite prevalent across industries in UAE. Companies are increasingly relying on solutions that use Natural Language Processing (NLP) to screen resumes, source candidates, and identify best-fit applicants faster. These technologies significantly cut down time-to-hire and expand recruiters’ access to qualified talent pools. Beyond efficiency, AI tools also help reduce unconscious bias and promote diversity and inclusion in hiring. Read-The big question answered: Will AI take my job? The report predicts that AI will contribute $96bn to the UAE’s GDP by 2030, underscoring its centrality to national strategic initiatives and future workforce…
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Image: Dubai Media Office Dubai Chamber of Commerce said it registered 35,532 new member companies in H1 2025, up 4 per cent from a year earlier, while the value of members’ exports and re-exports rose 18 per cent to Dhs171.9bn ($46.8bn). The chamber, one of three operating under Dubai Chambers, issued 409,083 certificates of origin in the period, an increase of 10 per cent from H1 2024. It also processed 2,961 ATA carnets for goods valued at Dhs1.94bn. Chairman Sultan bin Saeed Al Mansoori said the results reflected Dubai’s position as “a leading global centre for trade and investment” and…
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Image: Supplied ADNOC Distribution, the UAE’s largest fuel and convenience retailer, reported robust H1 2025 results, with its highest-ever half-year EBITDA and a significant 12 per cent growth in net profit. In this interview with Gulf Business, Athmane Benzerroug, chief strategy, transformation and sustainability officer, sheds light on the key factors behind this strong performance, including record fuel volumes, booming non-fuel retail, and strategic investments in AI, EV infrastructure, and international expansion, all while maintaining a strong focus on sustainability and customer experience. ADNOC Distribution recently reported a 12 per cent growth in net profit and its highest ever EBITDA…
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