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Sandrine Zimra

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UAE to host Microsoft’s largest AI investment outside the US

United Arab Emirates

UAE to host Microsoft’s largest AI investment outside the US

Tech giant Microsoft announced on Monday a massive $15.2 billion investment plan in the United Arab Emirates (UAE), primarily focused on artificial intelligence (AI) and cloud infrastructure, reinforcing the Gulf nation's ambitions to become a regional AI hub.

PureHealth delivers strong earnings, boosts global asset base

United Arab Emirates

PureHealth delivers strong earnings, boosts global asset base

PureHealth Holding PJSC, the largest healthcare group in the Middle East, reported solid financial results for the nine months ending 30 September 2025, with AED20.1 billion in revenue, up 6% year-on-year. EBITDA rose 11% to AED3.5 billion, while net profit increased 8% to AED1.55 billion.

Uber chooses Turkey for its next big tech investment

Turkey

Uber chooses Turkey for its next big tech investment

Uber announced plans to invest $200 million over the next five years to establish a software and technology development center in Istanbul, marking a significant expansion of the company's global technology footprint.

Confident and balanced: UAE’s 2026 budget targets growth without deficit

United Arab Emirates

Confident and balanced: UAE’s 2026 budget targets growth without deficit

The United Arab Emirates (UAE) has approved its federal budget for the fiscal year 2026, with both revenues and expenditures estimated at 92.4 billion dirhams ($25.2 billion), signaling the country’s commitment to fiscal stability and economic resilience. 

Vision 2030 milestone: Progress or PR

Saudi Arabia

Vision 2030 milestone: Progress or PR

Saudi Arabia's ambitious Vision 2030 program is reportedly 85% complete or progressing as planned, according to the kingdom's investment minister, Khalid Al-Falih. 

From coal to clean: Morocco accelerates energy transition

Morocco

From coal to clean: Morocco accelerates energy transition

Morocco has announced an ambitious plan to fully phase out coal power by 2040—if international climate finance is secured—according to a statement by the Powering Past Coal Alliance (PPCA), a global coalition of governments and organizations working to accelerate the transition from coal to clean energy.

UAE to build 15-floor embassy in Herzliya

United Arab Emirates

UAE to build 15-floor embassy in Herzliya

The Tel Aviv District Planning and Building Committee has approved for deposit a plan to build the permanent embassy of the United Arab Emirates (UAE) in Herzliya, signaling a significant step forward in the normalization and strengthening of ties between the two countries.

Farewell to the skies monopoly: El Al faces global competition again

Israel

Farewell to the skies monopoly: El Al faces global competition again

After two years of dominating Israel’s skies during the Gaza war, El Al's market monopoly is coming to an end. The gradual return of foreign carriers to Ben Gurion Airport is reshaping the aviation sector — and El Al is already feeling the impact.

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