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Mubadala sells stake in AI cooling company for $4.75 billion as data centre demand soars

The exit coincides with rising demand for energy-efficient data centre cooling fueled by AI growth. The sale of Mubadala’s minority stake in CoolIT Systems to...

Dubai sees surge in construction activity with more than 10,700 building permits issued in Q1 2026

Built-up space jumps 48% to 3.9 million sq.m as strong investor demand and ongoing project completions drive growth. The city saw robust activity in Q1...

Al Jaber warns Hormuz tensions could drive global fuel and food prices higher

Al Jaber signals energy security risks, highlighting potential rises in fuel, food, and everyday expenses worldwide. Dubai: Speaking in Washington, Dr Sultan Ahmed Al Jaber...

DPS Launches in Dubai: Middle East’s First Permanent Real Estate Exhibition Centre

Expert consultants from developers are available daily, from 10:00 am to 10:00 pm, throughout the year. Dubai has once again raised the bar in real estate with...

Resilience and routines: Why OFWs stay in the UAE through ups and downs

Staying loyal: Residents say they remain in the UAE because the country supports them through tough times. Resilient in the Emirates: For many overseas Filipino...

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US-Israel-Iran conflict: Key updates UAE residents need to know today (November 11, 2026)

Flight disruptions, oil market volatility and renewed Strait of...

Work Reimagined UAE Forum to explore employee well-being and evolving workplace culture

Forum will examine how businesses can foster healthier work...

11.11: Why November 11 is considered one of the year’s most special dates

From numerology to shopping deals: The many meanings of...

13 new cafes and restaurants putting Abu Dhabi’s food scene on the map

From Greek cuisine to French pastries, discover Abu Dhabi’s...
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