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Day: July 8, 2026

Kezad Group to Host Touchdown Middle East 2026 in Abu Dhabi for First Time

July 8, 2026 by emiratespressreleases.net

Abu dhabi: Khalifa Economic Zones Abu Dhabi – KEZAD Group will host Touchdown Middle East 2026 in Abu Dhabi, marking the first time the region-wide data centre conference will take place in the UAE. Organised by the Gulf Data Centre Association (GDCA)…

Categories Business

Dubai’s GDP Reaches AED232 Billion in Q1 2026, Recording 2.4% Growth

July 8, 2026 by emiratespressreleases.net

Dubai: Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate’s Gross Domestic Product (GDP) reaching AED232 billion, representing a 2.4% increase from the same period last year.

According to Emirates News Ag…

Categories Business

FNC Approves Comprehensive Law to Safeguard UAE’s Cultural Heritage

July 8, 2026 by emiratespressreleases.net

Abu dhabi: The Federal National Council (FNC) today approved a federal draft law on Cultural Heritage. The session was attended by Sheikh Salem bin Khalid Al Qasimi, Minister of Culture.

According to Emirates News Agency, before discussing the draft…

Categories Business

Africa Attracts $70 Billion in FDI in 2025, the Third-Highest Level Since 1990

July 8, 2026 by emiratespressreleases.net

Africa: Africa attracted less foreign direct investment in 2025 than in the previous year. Yet the bigger story is that investors continue to position themselves in sectors that are becoming increasingly important to the global economy.

According to…

Categories Business

European Commission Issues £11 Billion in 7th Syndicated Transaction for 2026

July 8, 2026 by emiratespressreleases.net

Brussels: The European Commission has raised £11 billion of EU-Bonds in its 7th syndicated transaction for 2026. The Commission, empowered by the EU Treaties, borrows from international capital markets on behalf of the European Union to finance select…

Categories Business

IFC Launches $2 Billion 5-Year USD Bond to Boost Job Creation in Developing Countries

July 8, 2026 by emiratespressreleases.net

Washington: The International Finance Corporation (IFC, rated Aaa/AAA), a member of the World Bank Group, has successfully priced its inaugural US dollar benchmark bond of the fiscal year. This bond, classified as a green bond, aims to raise $2 billio…

Categories Business

G42, UAE Team Emirates-XRG, MET Helmets Unveil AI-Designed Tour de France Helmet

July 8, 2026 by emiratespressreleases.net

Abu dhabi: G42, the UAE’s leading artificial intelligence and technology holding group, has partnered with UAE Team Emirates-XRG and MET Helmets to unveil a new AI-designed helmet to be worn by the team during Stage 5 of the Tour de France from Lannem…

Categories Business

UAE Achieves 9th Global Ranking for Inbound FDI with AED 1.171 Trillion Stock

July 8, 2026 by emiratespressreleases.net

Abu dhabi: The United Arab Emirates has achieved a significant milestone by ranking 9th globally as a destination for inbound foreign direct investment (FDI), with a total stock amounting to AED 1.171 trillion. In 2025, the UAE attracted AED 177.3 bil…

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