Author: Stuart

Business & Finance Editor, Dubai Week 📍 Based in Dubai — With over a decade of experience dissecting global markets, fiscal policy, and corporate strategy, Stuart Wagner leads the finance desk at Dubai Week, delivering in‑depth analysis tailored to UAE and GCC audiences.

Electricity bills keep climbing. Meanwhile, solar equipment has quietly gotten cheaper and more capable. For homeowners, that gap is an opportunity — one that’s getting harder to ignore. But here’s the thing: picking the wrong setup can cost you. Mismatched components, undersized batteries, inverters that can’t handle your peak load — it adds up fast. Solar power packages solve this by bundling panels, inverters, and storage into pre-engineered systems that actually work together. Below are five options worth considering, from a lean 3 kW starter to a full 10 kW premium build. Why Growatt + JA Solar or Trina Solar?…

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Al Khayyat Investments committed $100 million on June 18 to build VetHealth, a veterinary business spanning pharmaceuticals, biologicals, biosecurity, nutrition and diagnostics across the Middle East. The Emirati family-owned conglomerate is making its first major move into animal health after six decades in human healthcare. The investment targets both commercial livestock operations and the region’s booming companion animal market. VetHealth will operate from Dubai with reach across the UAE, wider GCC states, Iraq, Jordan and Egypt—territories where Al Khayyat Investments already employs 12,000 people through its existing healthcare and distribution arms. For the Al Khayyat family, the move connects directly…

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A self-made billionaire is placing his next major wager on the UAE’s artificial intelligence sector. He’s one of 15 Indian-origin technology leaders featured in the second edition of Khaleej Times and Standard Chartered’s Global Indians of the UAE, unveiled on June 18, 2026. The focus has sharpened considerably since the franchise’s first instalment. Titled The Next Tech Generation, this edition zeroes in on founders, investors and operators building businesses across AI, fintech, digital assets, mobility, logistics, insurtech and technology education. The list captures entrepreneurs reimagining car access, freight routes, insurance models and personal finance—along with innovators deploying technology to connect…

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The Guia Circuit has witnessed seven decades of wheel-to-wheel racing, its tight corners and punishing straights claiming reputations since Macau’s first Grand Prix in 1954. Next Tuesday, the circuit’s shadow will host a different kind of high-stakes gathering. Over 450 senior delegates from 149 countries will convene at the Galaxy International Convention Centre for the FIA’s Extraordinary General Assembly and Annual Conference. Three days of closed-door discussions. Votes that will reshape regulations across six world championships. The kind of decisions that ripple through paddocks from Melbourne to Monaco. The symbolism isn’t subtle. Macau remains one of motorsport’s most unforgiving venues—four…

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OMODA & JAECOO launched its summer push on Tuesday with a pitch built around an unusual problem: football fans want to watch matches in the desert, and their vehicles need to run the projector. The brand’s Super Hybrid System vehicles offer a combined range exceeding 1,300 kilometres alongside Vehicle-to-Load technology that powers speakers, lighting rigs and screening equipment at remote viewing parties. For a market where inter-emirate road trips regularly stretch past 200 kilometres each way, and where air conditioning runs constantly against temperatures pushing 50 degrees, that range matters. The announcement arrived as part of the company’s “FOREVER 26,…

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A Qatar-based investment firm has committed €65 million to transform a 120,900-square-metre stretch of Halkidiki coastline into a luxury resort complex, marking one of the largest foreign bets on Greek tourism infrastructure in recent years. JTA Investment Holding signed the agreement with Happy Holidays S.A. to develop SARTIMARE Beach Resort & Spa in Sarti, a fishing village on Greece’s three-fingered peninsula. Construction runs from 2027 through 2030. The project’s valuation is expected to climb beyond €100 million once key milestones are hit. The deal lands as Mediterranean destinations scramble for high-end tourism investment. Croatia, Turkey, and Spain have all seen…

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Lubrizol and Grasim Industries inaugurated a CPVC resin manufacturing facility in Vilayat, Gujarat on Monday, marking the latest chapter in the Berkshire Hathaway subsidiary’s 60-year India operation. The plant combines with an expanded compounding operation 80 kilometres away in Dahej to create what the companies describe as one of India’s most integrated chlorinated polyvinyl chloride production networks. The Vilayat facility produces the base resin that gets processed into compounds used across India’s residential and commercial plumbing systems. Water pipes. Fire sprinklers. HVAC networks. Timing matters here. India’s infrastructure spending has accelerated sharply since 2020, with the government prioritising water delivery…

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FREELANDER International revealed dimensions for its debut model on 17 June, but the most telling detail wasn’t the 5,118mm length. It was the autonomous parking system engineered specifically for temperatures that routinely exceed 50°C. The technology lets drivers exit at a hotel entrance while the vehicle hunts for a space. Called SIP—Super Intelligent Parking—the system handles obstacle avoidance and completes the parking process independently. When the driver is ready to leave, a mobile app summons the car to a designated pick-up point. The feature targets a specific Middle East pain point: minimising time spent outdoors in extreme heat during the…

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Keturah has committed AED200 million to antimicrobial tiling, breathable wall systems and zero-VOC finishes across its latest residential development. The investment, disclosed on Tuesday, came the same day Dubai established a dedicated authority to position the emirate as the world’s leading longevity and wellness hub. The timing wasn’t coincidental. Talal M. Al Gaddah, chief executive and founder of the luxury developer, framed the move as a direct response to the Dubai Longevity Authority’s creation. The new government body arrives with a mandate to regulate longevity services, attract healthcare investment, and set standards that developers must now consider when designing communities.…

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XO recorded 145% more digital enquiries for multi-city North American itineraries in mid-June compared with the same period last year. The reason? Wealthy Gulf travellers are turning this summer’s football tournament into month-long odysseys spanning the United States, Canada and Mexico. Trips are getting longer too. The Dubai-based private aviation marketplace tracked a 13% jump in average planned trip durations, with many travellers extending their stays across the seven-week tournament period. One match won’t cut it anymore. Youssef Mouallem watched the pattern emerge from Vista’s operations centre. As Chief Business Officer for the UAE-based aviation group that owns XO, he…

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