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.

Transguard Group now employs 78,500 people across the UAE. That’s 9,300 more than a year ago, and every one of them contributed to a financial performance that saw profit climb faster than revenue for the second year running. The numbers tell the growth story in stark terms. Revenues for the year ended 31st March 2026 reached AED 4.15 billion, up 17% on the previous period. Profit before tax jumped 32% to AED 350 million. The Dubai-based business solutions provider reported the results on Sunday, marking its second consecutive year of record financial performance since the company launched in 2001. Rabie…

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Across the Gulf, family fortunes built over decades risk splintering within a generation. Asset fragmentation, succession disputes, and competing heir interests threaten to unravel carefully accumulated wealth—a problem as old as prosperity itself. Enter an even older solution. On 22 June, Pearl Initiative and Awqaf Abu Dhabi convened business leaders, family offices, and corporate decision-makers for a webinar examining how Waqf—the Islamic endowment tradition dating back centuries—is being reimagined as a modern governance tool for wealth preservation and multigenerational impact. The virtual session, titled “Waqf in Practice: Governance, Structure, and Its Role in the UAE’s Economic Landscape”, drew participants grappling…

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Dubai is one of the most connected media markets in the world, but it is also one of the most expensive to get into. For any business announcing a funding round, a product launch, a partnership or a milestone, the question is the same: how do you get your news in front of UAE journalists, investors and customers without burning a quarter’s marketing budget? This guide breaks down how press release distribution actually works in Dubai and the wider UAE in 2026 — what it costs, what good looks like, and how to choose a service that delivers real coverage…

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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…

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$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…

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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…

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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…

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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…

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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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