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.

The routine plays out across thousands of Dubai apartments every single day. Wipe down the kitchen counter before breakfast. Return home from work to find a fine film of dust already settled back into place. It’s not carelessness. It’s geography. Dubai sits where the Arabian Desert meets the humidity rolling off the Gulf, and that combination wages a relentless campaign against indoor cleanliness. Fine desert particles slip through gaps around windows and doors that would seem sealed. Construction cranes dot nearly every neighbourhood, stirring additional grit into the air. Meanwhile, air conditioning systems—running nearly 24 hours a day in most…

Read More

$2.4 billion in cumulative revenue across 2026 and 2027. That’s the target QC Capital must hit to unlock the full value of its $60 million acquisition by Nasdaq-listed Robo.ai, announced Wednesday from the company’s Abu Dhabi base. The deal, structured entirely in newly issued Class B ordinary shares, comes with an eight-year vesting schedule that ties payment directly to performance milestones. QC Capital Limited—also known as Quantum Core—brings what Robo.ai describes as an AI-driven technology holding and venture-building platform. Whether it can deliver nearly $2.5 billion in revenue over the next 24 months will determine how quickly, or whether, those…

Read More

Amazon.ae launches its Prime Day sale on June 24 at one minute past midnight, promising delivery measured in minutes rather than hours. The event runs through June 30—seven full days, not the traditional 48-hour sprint. Millions of deals will go live across the shopping platform, from groceries to gaming consoles. But speed, not just savings, appears to be the real pitch. Amazon Now—the retailer’s rapid-fulfilment service—will ferry everyday essentials and fresh products to doorsteps within minutes for Prime members ordering over AED 25. Rush delivery shrinks the window to two hours for orders exceeding AED 100. The emphasis on velocity…

Read More

Stand 2-142 at the Riyadh International Convention & Exhibition Centre will get busy on Sunday, when Emirates Biotech opens its booth at Saudi Plastics & Petrochem 2026. The Dubai-based firm arrives with a newly hired Saudi sales manager and a specific pitch: plant-based polymers for a kingdom chasing sustainability targets. Hashim Alfulful joined Emirates Biotech recently as Sales Development Manager covering Saudi Arabia, Bahrain, and Kuwait. His appointment signals the company’s intent to secure ground in a market where Vision 2030—Saudi Arabia’s economic diversification blueprint—has elevated demand for materials that don’t rely on fossil fuels. The four-day exhibition, running from…

Read More

A few years ago, fixing a car in Dubai followed a fairly predictable routine: take it to the dealership, approve whatever the quotation said, and wait. That routine is no longer the default. Rising repair costs across the UAE have pushed vehicle owners to get more selective about where their parts come from. A cracked bumper, a faulty headlight, a broken side mirror, a worn suspension arm — none of these automatically mean a trip to the agency anymore. Most drivers aren’t hunting for the absolute cheapest option either. They want something that keeps costs reasonable without creating a second…

Read More

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…

Read More

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…

Read More

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…

Read More

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,…

Read More

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…

Read More