The Middle East recorded sustained merger and acquisition (M&A) activity in the first quarter with 196 deals valued at $23.3 billion being announced compared to 207 deals worth $31.3 billion last year. UAE accounted for 33 transactions valued at $2.2 billion, down from 52 deals in Q1 2025, said a report.
CargoX, an autonomous delivery platform based in UAE, said it has raised $250 million from an investor group, led by BlueFive Capital. The funding is mainly aimed at supporting the expansion of CargoX’s autonomous logistics network across the UAE and international markets.
The UAE is entering a new phase of government development built on deploying Agentic AI in the design of public services, policies and procedures, advancing the leadership's vision of building the world's most effective and forward-looking government, a senior minister has said .
The UAE’s Al Ain region will serve as a global hub for design and regulatory activities in the advanced air mobility solutions sector. Supporting infrastructure, technical expertise, and international partnerships will be developed to ensure safe and sustainable operations.
Al Ansari Financial Services (AAFS), a leading financial institution in the GCC, has reached a milestone of 1,000 UAE national employees across its businesses, reflecting one of the largest Emiratisation workforces in the UAE’s private sector.
The UAE Cabinet has issued a resolution setting the minimum age for social media use at 15 years. Children below this age are prohibited from creating, using, or operating personal accounts on social media platforms.
The UAE has maintained its position as the world's fifth most competitive economy while ranking first globally in Economic Performance in the 2026 IMD World Competitiveness Ranking, reinforcing its status as one of the world's most resilient and future-ready economies.
The Emirates Nuclear Energy Company (ENEC) has celebrated the graduation of the first cohort of its Diploma in Nuclear Technology programme, marking a significant step in strengthening the UAE’s national nuclear energy workforce.
The UAE Ministry of Finance has launched its Strategic Plan 2027–2029, a new government framework designed to enhance the efficiency of public financial management and advance its policies and tools in line with the UAE’s ambitions for the next phase of development.
Etihad Airways has celebrated the inaugural flight of its Airbus A380 to Japan, which touched down at Tokyo’s Narita International Airport on June 18.
