Tuesday, 26 May 2026
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Business & Economy

Sharjah Expo Drives Retail Surge During 9‑Day Eid Al Adha Break

The Sharjah exhibition, timed with the nine‑day Eid Al Adha holidays, promises discounts of up to 75 percent, sparking a wave of consumer spending that could lift UAE retail sales and reinforce the sector’s post‑pandemic recovery.

Startups & Leadership

UAE Partners with India to Build Strategic Petroleum and Gas Reserves

The United Arab Emirates and India have inked multiple deals to develop joint strategic fuel storage, boost energy trade and launch collaborative projects in renewable and digital sectors, signalling deeper economic ties between the two markets.

AI & Tech

OpenAI Pushes Chatgpt into UAE Banking Services

OpenAI is testing a ChatGPT‑powered assistant that can link to users’ bank accounts, automate payments and offer real‑time financial advice, starting with a pilot program involving several UAE financial institutions.

Global Insights

Ferrari Unveils Luce Five-Seat EV as Luxury Brand Shifts Gears

Ferrari’s new Luce electric sedan marks the marque’s first five‑seat model, signaling a strategic pivot toward high‑performance EVs. The move could reshape luxury automotive demand and influence broader industry electrification trends.

Eco-Impact

UAE Investors Back Grenergy Hybrid Ppa with Georgia Power

Spanish renewable developer Grenergy has secured a hybrid power‑purchase agreement with Georgia Power, backed by UAE sovereign‑wealth funds, marking a strategic step for Gulf capital into the U.S. clean‑energy market.

Eco-Impact

Masdar and Sungrow Ink 7.5 Gwh Storage Deal for Abu Dhabi Rtc Project

Masdar and Chinese battery specialist Sungrow have signed a contract to deliver a 7.5‑gigawatt‑hour energy storage system for Abu Dhabi’s pioneering RTC project, bolstering the UAE’s push toward a resilient, low‑carbon power grid.

Eco-Impact

Adcmc Highlights AI‑Powered Safety Programs at Isnr 2026

At the International Safety and Resilience Conference, ADCMC unveiled a suite of AI‑driven tools aimed at boosting construction site safety, reducing waste and aligning UAE projects with global sustainability standards.

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