Software, telecommunications and digital infrastructure
The 1 Billion Followers Summit and the UAE National Media Authority have unveiled the $1 million '100 Dreams' initiative in collaboration with creator Simon Squibb. The programme offers 100 global media entrepreneurs $10,000 each in funding alongside UAE company licensing support and business mentorship. Applications open globally on November 20 ahead of the summit in Dubai in January 2027.
Sharjah Police have dismantled four interconnected international criminal networks and arrested 33 suspects from 12 nationalities linked to an Dh8.8 billion ($2.4 billion) money laundering scheme. The operation, codenamed 'End of the Battle', secured over Dh65 billion in assets belonging to more than 30 companies worldwide and seized over Dh200 million in funds. Authorities reported the networks used artificial intelligence tools for phishing and laundered illicit proceeds through virtual assets, bank accounts, and luxury goods.
The 1 Billion Followers Summit and the National Media Authority have launched the $1 million '100 Dreams' initiative in collaboration with Dream Group founder Simon Squibb. The programme will provide 100 content creators with $10,000 each, alongside trade licensing support, mentorship, and business acceleration in the UAE. Applications open on 20 November ahead of the fifth summit edition in January 2027.
Chery Group's premium automotive brand LUXEED has announced plans to expand into the Middle East luxury mobility market, starting with the UAE in Q2 2027. The brand plans to launch a flagship MPV and roll out sales networks across Abu Dhabi and Dubai by the end of 2027.
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