Monday, 10 August 2026
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UAE and Gulf Business News: Markets, Startups, AI and Policy from Dubai and Abu Dhabi

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The GCC

Dubai Unveils 'dubai-it Award' to Boost Entrepreneurship and Innovation

Dubai has launched the "Dubai-it Award," a new initiative designed to cement its status as a premier global hub for innovation and entrepreneurship. This award aims to attract and nurture groundbreaking businesses, providing crucial support and recognition to emerging ventures.

AI & Tech

Mubadala Eyes Major Investment in Japan's Largest AI Data Centre

UAE's Mubadala Investment Company is reportedly in discussions to back Japan's largest AI data centre, signaling a strategic move to bolster global AI infrastructure. This potential investment highlights the growing role of UAE sovereign wealth funds in shaping the future.

Business & Economy

Talabat Owner Delivery Hero Acquired by Uber in $14.8 Billion Deal

Uber's acquisition of Delivery Hero, parent company of the prominent regional food delivery platform Talabat, for $14.8 billion marks a significant consolidation in the global and MENA delivery market, promising shifts for consumers and businesses across the UAE.

Global Insights

Texas Floods Highlight Economic Vulnerability to Extreme Weather

A recent flash flood emergency in Texas underscores the growing economic challenges businesses face from intensifying extreme weather events. This incident highlights the critical need for robust infrastructure and adaptive strategies to mitigate financial impact and ensure operational continuity.

Eco-Impact

Abu Dhabi's Doh and Mit-Koch Institute Partner on AI for Cancer Research

Abu Dhabi's Department of Health is collaborating with the MIT-Koch Institute to leverage AI in advanced cancer research. This strategic partnership underscores the UAE's commitment to pioneering healthcare innovation and establishing a global hub for life sciences.

Eco-Impact

Abu Dhabi Sets New Cooling Load Standards to Boost Sustainable Construction

Abu Dhabi has rolled out mandatory cooling‑load benchmarks for new buildings, aiming to cut energy consumption and align construction practices with the emirate’s net‑zero targets. The move is expected to reshape design, procurement and financing across the UAE market.

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