Friday, 29 May 2026
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Business & Economy

Dubai Launches Self Driving Taxis in Jumeirah and Umm Suqeim

Dubai’s autonomous ride‑hailing service expands to the upscale Jumeirah and coastal Umm Suqeim districts, offering residents a glimpse of driverless mobility backed by local regulator approval and partnerships with global tech firms.

The GCC

Dubai’s Sandbox Swapmeet Fuels Creative Economy Growth

Dubai’s Sandbox Swapmeet has evolved into a major driver of the city’s creative sector, attracting thousands of fans, exhibitors and investors while showcasing the commercial potential of pop‑culture events in the UAE.

Startups & Leadership

UAE Investors Back Acelen Renewables $1.5 Billion Brazil Biorefinery

Acelen Renewables has secured $1.5 billion to launch a large‑scale biorefinery in Brazil, with a consortium of UAE sovereign funds and private investors providing the bulk of the capital, signalling a strategic shift toward sustainable agriculture‑based fuels.

AI & Tech

Abu Dhabi Boosts Bitcoin Portfolio as Harvard Pulls Ether ETF

Abu Dhabi’s sovereign wealth arm has raised its Bitcoin exposure by nearly 30 % amid a notable retreat by Harvard’s endowment from an Ether‑linked ETF, signalling shifting risk appetites in regional digital‑asset strategies.

Global Insights

Cbs Names New ‘60 Minutes’ Executive as Media Landscape Shifts

CBS has appointed a veteran from the digital advertising world to head its flagship news program, signaling a strategic push toward cross‑platform integration and data‑driven storytelling that could reshape revenue models for broadcasters worldwide.

Eco-Impact

Masdar Partners with Sungrow on UAE Rtc Renewable Project

Masdar has chosen Chinese inverter specialist Sungrow to supply technology for its upcoming renewable‑energy project in the United Arab Emirates’ Renewable Technology Centre, signalling a boost for local clean‑energy capacity and international collaboration.

Eco-Impact

UAE Investors Back Acelen’s $1.5 Billion Saf Venture in Brazil

A UAE‑led consortium has pledged $1.5 billion to fund Acelen Renewables’ billion‑liter sustainable aviation fuel plant in Brazil, signalling a strategic push into low‑carbon aviation markets and new export corridors for Gulf capital.

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