#dubai Tech News.
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DEWA organized its second Agentic AI Executive Retreat at Al Shera'a, the world's tallest net-positive government building. HE Saeed Mohammed Al Tayer stated DEWA deploys the latest Agentic AI technologies to support the UAE government's goal of being the first to broadly deploy such models. Attendees included SAP and McKinsey representatives.
AHS Properties acquired the Shangri-La Hotel on Sheikh Zayed Road for AED 1.1 billion from Mismak Asset Management. The 43-floor, 200-metre tower is one of the largest single-asset real estate transactions in recent history. The acquisition adds to AHS Properties' AED 50 billion year-end 2026 pipeline.
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