Business News from Sunday, October 11th, 2026
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DIEZ doubles size of Oraseya Capital fund to AED1 billion
The Dubai Integrated Economic Zones Authority (DIEZ) has announced the doubling of the venture capital fund managed by its investment arm, Oraseya Capital, from AED500 million to AED1 billion.
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UAE ranked top worldwide in AI integration across key sectors
The United Arab Emirates has ranked first worldwide in Artificial Intelligence integration, with 70.1 per cent of its working-age population using AI.
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Mohammed Al Gergawi honoured for dedicated leadershipHis Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has awarded the Mohammed bin Rashid Sash to Mohammed Al Gergawi, Minister of Cabinet Affairs, for his dedicated service.
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Sheikh Abdullah reaffirms solidarity with Saudi ArabiaSheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, has reaffirmed the UAE's solidarity with Saudi Arabia during a call with his counterpart Prince Faisal bin Farhan bin Abdullah.
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UAE President and Putin discuss developments in Middle East in phone callUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Russia's Vladimir Putin have reviewed developments in the Middle East and underscored the importance of reinforcing security and stability in the region during a phone call.
