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Detailed stories on technology startups, business and economic current affairs.
In the face of far more competent ride-hailing rivals and with a limited fleet of luxury cars, the startup is unlikely to make a dent in the UAE market.

Venture capital funding is showing signs of a slowdown; the US opens access to advanced technologies for the UAE; and other updates.
A Julius Baer index says the emirate slipped seven places in 2026, Dubizzle is making new investments, and other news updates.
The emirate’s real estate market appears to be adjusting to geopolitical uncertainty and new supply, Dubai Residential REIT goes shopping and other news updates.
The Abu Dhabi investment firm just upped the AI stakes, private debt in the Gulf is having its moment in the sun, and other updates from this week.
The interim deal between Tehran and Washington to end hostilities in the Mideast, another IPO on hold, and other news updates from the week.
One of the largest public listings of this year in the Gulf just hit pause amid geopolitical uncertainty, football fans in the UAE can bet on FIFA World Cup matches and other updates from the week.
CargoX gets a $250 million cheque from a prominent investment firm; the Gulf is shining in the upcoming American tech IPOs; and Abu Dhabi has hit pause on rental increases.
April data suggests the slide may be moderating, even as the UAE accelerates moves to derisk its future.