Archive for author: Maintrack

News & Events

Over 40% Of UAE Organizations Now Rank As AI Leaders, Matching Global Front-Runners

The UAE has positioned itself as a leading AI market, with 42% of organizations now qualifying as AI Leaders according to a comprehensive new study by Boston Consulting Group. The report, “Unlocking Potential: ...

Minister Of Economy And Tourism: 5% Projected Growth For National Economy, 5.5% For Non-Oil Sectors In 2026
News & Events

Minister Of Economy And Tourism: 5% Projected Growth For National Economy, 5.5% For Non-Oil Sectors In 2026

Abdulla bin Touq Al Marri, Minister of Economy and Tourism, said that the UAE economy continues to achieve strong and accelerated growth, supported by a clear leadership vision, flexible and advanced legislatio...

UAE Dominates AWST 2026 Athletics With 18-Medal Haul
News & Events

UAE Dominates AWST 2026 Athletics With 18-Medal Haul

UAE sportswomen stamped their authority on the athletics programme at the Arab Women Sports Tournament 2026, topping the medal standings with 18 medals as the competition concluded on Tuesday. Over three days, ...

Dubai SME, INJAZ UAE Launch ‘Founders Of Tomorrow’
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Dubai SME, INJAZ UAE Launch ‘Founders Of Tomorrow’

The Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), part of the Dubai Department of Economy and Tourism (DET), has launched Founders of Tomorrow, a transformational, ...

IHC, Sirius And FAB Receive Central Bank Approval To Launch UAE Dirham-Backed Stablecoin DDSC On ADI Chain
News & Events

IHC, Sirius And FAB Receive Central Bank Approval To Launch UAE Dirham-Backed Stablecoin DDSC On ADI Chain

IHC, Sirius International Holding, and First Abu Dhabi Bank (FAB) today announced that the Central Bank of the UAE (CBUAE) has approved the UAE dirham-backed stablecoin DDSC to go live, marking a significant mi...

UAE Attracts $40bn In FDI Amid Global Uncertainty, New Report Supported By Qashio Reveals
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UAE Attracts $40bn In FDI Amid Global Uncertainty, New Report Supported By Qashio Reveals

As geopolitical tensions, de-globalisation, and economic uncertainty reshape global capital flows, the United Arab Emirates (UAE)  is consolidating its position as one of the world’s most trusted and resilient ...

News & Events

Sumwon Studios Delivers Approximately $300 Million In Net Revenue In 2025

Sumwon Studios, the on-demand fashion group founded by Nitin Passi, has closed 2025 with strong performance, marking a major milestone in just its second year of operations. In 2025, Sumwon Studios generated ap...

Blacklane Joins Visa Global Travel Program In Dubai And Abu Dhabi
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Blacklane Joins Visa Global Travel Program In Dubai And Abu Dhabi

Blacklane, the global chauffeur service, has joined Visa’s Global Travel Program in Dubai, expanding access to luxury mobility benefits for international Visa cardholders visiting the UAE. Through this collabor...

News & Events

Klaim Holdings and Amwal Capital Partners Sign Private Credit Facility of Up to USD 25 Million to Accelerate Regional and U.S. Growth

Klaim Holdings Limited today announced the signing of a private credit facility of up to USD 25 million with Amwal Capital Partners (ACP), an independent asset management firm regulated by the DFSA and CMA. The...

News & Events

Ministry of Finance announces issuance of Cabinet Decision on Exchange of Information upon Request for Tax Purposes

As part of its continued efforts to enhance international tax transparency, the Ministry of Finance (MoF) announced the issuance of Cabinet Decision No. 209 of 2025 on Exchange of Information upon Request for T...