Further to Moody’s upgrade of RAKBANK’s outlook to Positive in 2025, Moody’s Ratings has concluded its latest periodic review (rating committee held on 18 March 2026), reaffirming the Bank’s key ratings and maintaining the Positive outlook. RAKBANK’s Baa1 long-term deposit rating and baa3 Baseline Credit Assessment (BCA) have been affirmed, reflecting the Bank’s continued strong
du, the leading telecom and digital services provider, held its Annual General Assembly Meeting at its headquarters in Dubai Hills Business Park 2, Dubai. At the meeting, shareholders approved the financial statements for the year ended 31 December 2025 and endorsed the Board of Directors’ recommendation to distribute a cash dividendof AED 1.8 billion for
Autotech Ventures is expanding into the Gulf Cooperation Council (GCC) by establishing a presence in the United Arab Emirates (UAE). This move by the global venture capital firm focused exclusively on ground transport innovation is aimed at pursuing opportunities in the use of disruptive technologies that will further improve the region’s auto commerce ecosystem. To
Standard Chartered Foundation, in partnership with Village Capital, announced today the launch of the eighth edition of the Women in Tech Accelerator in the UAE, continuing its support for women-led, tech-enabled startups at a critical stage of growth. The 2026 cohort will equip founders with investment readiness training, catalytic funding, and access to global networks,
Surrounded by the striking Al Hajar Mountains, JA Hatta Fort Hotel has long been a haven for those seeking a taste of adventure. Bringing that same spirit to the table, the resort has launched an exclusive Kinara by Vikas Khanna residency at the beloved Jeema, where guests can savour Chef Vikas’ authentic, contemporary Indian creations. Adding a new layer to the experience, the resort introduces a limited-time Kinara Stay
talabat today announced the results of its Ramadan 2026 “Share an Iftar” campaign in the United Arab Emirates, highlighting how, even amid challenging times, customers across the UAE continued to show up for their communities, choosing to give back and donate throughout the Holy Month. In UAE, the campaign delivered: Across the region, the campaign
Emirates Growth Fund (EGF), the UAE’s flagship growth equity investor, has announced a landmark AED 45 million strategic minority investment in CarniStore, the nation’s leading premium protein business, bringing together sourcing expertise, proprietary production, and digital retail to elevate food standards across the UAE. This marks EGF’s first investment in the food sector, representing a
