The Business Times

UAE

Telcos, Media & Tech

US approves some Nvidia UAE sales in step of Trump AI diplomacy

Home prices in Dubai are up more than 70% over the past four years, fuelling a broader construction boom.
International

Dubai Investments seeks to ride property boom with unit’s IPO

High-rise buildings in Dubai. Emirati property has emerged an unexpected winner from US tariffs, as investment flows into less-impacted emerging markets
International

Dubai looks to capitalise on weak dirham to lure British home buyers

Residential skyscraper buildings in the Dubai Marina district of Dubai. Photographer: Natalie Naccache/Bloomberg
Global Enterprise

Singapore’s ultra-rich among wealthy Asians snapping up property in Dubai

Advocates for the deals argue that if the US doesn’t encourage the world to use American chips, countries with AI ambitions will eventually turn to alternatives from Chinese companies – which have made progress in closing the gap with Nvidia. 
International

Trump’s rush to cut AI deals in Saudi Arabia, UAE opens rift with China hawks

OpenAI has had a long relationship with the UAE, dating back to a 2023 partnership with G42.
Companies & Markets

OpenAI to help UAE develop one of world’s biggest data centres

IFA Hotels & Resorts is the developer behind several mixed-use developments on Dubai’s man-made Palm Jumeirah island including the Golden Mile and the Fairmont Hotel and Residences.
Property

Kuwaiti developers seek to tap property boom in Dubai’s neighbour

The deal, however, was scrutinised after US lawmakers raised concerns that G42 could transfer powerful US AI technology to China.
Telcos, Media & Tech

US clears export of advanced AI chips to UAE under Microsoft deal: Axios

Dubai – and the rest of the United Arab Emirates (UAE) – has become a strong magnet for private wealth and talent in recent years.
Companies & Markets

The world’s super rich are moving to Dubai, but keeping their assets in Singapore, Switzerland

Founded in 2004 in Kuwait, Talabat has since expanded to serve customers in the United Arab Emirates (UAE), Oman, Qatar, Bahrain, Jordan, Iraq and Egypt, with over six million active customers as of the end of July.
Transport & Logistics

Delivery Hero’s Talabat to launch over US$1 billion Dubai IPO next week: sources

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