Business

The 5th edition of the Middle East Tyre, Auto & Spare Parts Expo (METAS 2026) concluded today at Expo Centre Sharjah after three days of intensive trade activity, drawing over 19,000 professional buyers and generating approximately USD 210 million in tentative cooperation orders across the three-day event. Organised by Inter Commerce Expo Corp. (ICEC), METAS 2026 brought together 51 exhibitors …

SUMEA, the Dubai-headquartered international sourcing, procurement and supply chain group, has opened SUMEAWORLD, a nearly 12,000 square metre global trade hub in DP World’s Jebel Ali Free Zone (Jafza), consolidating sourcing, procurement, warehousing and global distribution under one roof. The facility, secured on a 20-year commitment, will serve as SUMEA’s regional headquarters and central logistics platform, enabling customers and business …

A new chapter in leadership, human development, and organisational transformation began in the UAE as You Matter Consultancy Services officially launched with a prestigious inaugural event at Marriott Resort Palm Jumeirah, Dubai, on 31 July 2026. The evening brought together an influential audience of CEOs, government officials, entrepreneurs, educators, healthcare professionals, investors, psychologists, HR leaders, and changemakers from across the …

CBD has launched their digital wealth offering – CBD Invest, embedded within the CBD Mobile App that brings together investing, financial planning, and advanced analytics in a single, secure experience. Designed for affluent, Elite and Private banking customers, CBD Invest enables individuals to gain a clear view of their financial position, make more informed investment decisions, and stay aligned with …

Rayhan Aleem, Co-Founder and CEO of Tax Star: There is a particular kind of business mistake that never looks urgent until it suddenly is. UAE e-invoicing is shaping up to be one of them. For companies earning more than AED 50 million a year, the rules are no longer theoretical. A service provider must be appointed by 30 October 2026, …

Tax Star, a UAE-based tax and compliance software company, has been named a pre-approved e-invoicing service provider by the UAE Ministry of Finance. The approval places Tax Star, among 42 companies nationwide cleared to help businesses meet the UAE’s new e-invoicing rules. This pre-approved status means the Ministry of Finance has reviewed Tax Star’s application and confirmed it meets the …

“Artificial intelligence is no longer just another technology—it has become the defining force behind digital transformation across the Middle East,” says Uday Shankar Kizhepat of WSO2. “Organizations are moving beyond AI experimentation to embedding it into core business operations, while governments across the region are positioning AI as a strategic national priority. However, realizing AI’s full potential requires more than …

Atlys, the travel technology company enabling travellers to apply for visas across 120+ destinations, has opened its first experience centre at BurJuman Mall, Dubai. The walk-in space offers expert, in-person visa guidance and marks Atlys’ first physical presence worldwide. The UAE is Atlys’ largest market outside India. International markets, including the US, the UK and Australia, now account for nearly …

GULF TIME Dr. Farah Hashim, Manager – Operations, Vault22 :Eid is one of the most joyful times of the year, a season of generosity, togetherness, and gratitude. With its special celebratory atmosphere, expenses related to gifts, gatherings, travel, Eidi for children, and other details associated with the occasion often increase. It is important to approach this period with financial awareness …

MANAMA / GULF TIME Investcorp, a leading global alternative investment firm, announced that it has sold its investment in RESA Power (“RESA” or ‘The Company”), a leading provider of power systems electrical testing, transformer services, and life extension solutions for power distribution equipment, to Kohlberg. This transaction marks the first exit for Investcorp’s North American Private Equity Fund I. RESA …