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Salma Al-Tamimi

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  • 3 min read
  • Dubizzle Group has announced a new investment in Tern, a UAE rental rewards platform.
  • Tenants can now pay rent by credit card and earn redeemable reward points.
  • The deal integrates Tern exclusively into Bayut and dubizzle across the country.
  • Landlords gain a fully digital rent collection process with direct bank deposits.

Dubizzle Group has announced a new investment in Tern, a UAE rental rewards platform. The deal lets tenants pay rent by credit card and collect useful reward points. Tern points work across a broad network of retail, travel and lifestyle merchant partners. You gain more flexibility on one of your largest recurring household expenses each month. This new partnership puts Tern exclusively inside both Bayut and dubizzle across the country. Renters face no hidden charge or premium when paying rent with a credit card. Tern rewards turn a routine bill into a real source of monthly added value. Most households spend the largest share of their income on housing every single year.

How the Tern rent payment model works

The Tern rent payment system adds no extra fee when you use a credit card. Landlords still receive the full rent amount directly into their own registered bank accounts. Tern launched in May 2025 after its two founders built the company during 2024. Said Al Sayyed and Mohamad Shaitou created the platform to modernise how renters pay. More than 150 million dirhams in yearly rent volume now flows through the Tern platform. Many renters in the UAE still pay through cheques, transfers or fragmented manual systems. A digital model gives you a faster, clearer record of each monthly rent payment. You keep your existing card while earning points on a payment you already make.

Dubizzle Group has announced a new investment to widen its reach

Dubizzle Group has announced a new investment through its venture arm, Dubizzle Group Ventures. Its venture arm backs early-stage technology startups located across the wider GCC region today. You should see this move as part of a much broader property ecosystem strategy. Bayut and dubizzle already sit at the centre of the UAE property listings market. Adding a rent payment layer pushes the group into valuable post-listing rental services now. The group connects tenants, buyers, landlords, sellers, brokers and agencies on its single platforms. Elevated rents across the UAE make payment convenience and loyalty far more important now.

What renters, landlords and agents gain

Haider Ali Khan, chief executive officer of Dubizzle Group UAE, explained the wider goal. “In Tern, we found the most compelling solution,” Khan said about the new deal. Surya Raviganesh, who leads the group’s investments, looks for scalable and truly innovative founders. Half the UAE population uses one group platform every single month, he later noted. Landlords and agents gain a digital collection process with stronger tenant retention over time. Tenants now earn loyalty points redeemable for flights, electronics and everyday lifestyle purchases too. Property professionals can market rental homes as more flexible and rewarding to potential tenants.

As I see it, the rent payment credit card UAE market needed this flexibility. Dubizzle Group has announced a new investment at a moment of high rental demand. The group platforms draw about 58 million monthly visits across the wider Gulf region. Around 20 million users open these platforms every month to find or rent homes. The Tern integration further strengthens the position of Bayut and dubizzle in rental markets. Dubizzle Group has announced a new investment with clear plans for renter loyalty growth.

TAGS
  • Business, Capital, Dubizzle, Investments, UAE, Venture Capital

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Dubai’s total diamond trade reached a new all-time high during 2025 across every major category. Official figures from Dubai Customs place the yearly diamond total at 41.7 billion dollars overall. This result beats the earlier record of 40.9 billion dollars set back in 2011. Traders also moved 359.5 million carats, a volume rising 42.5 percent from last year. DMCC has announced today that, for the first time, the Emirate of Dubai hit record value and record volume in one year. Dubai diamond trade 2025 figures show steady demand across natural stones and coloured gemstones. Total trade value climbed 16.2 percent from the 35.8 billion dollars recorded during 2024.

The market added 5.8 billion dollars in fresh trade across a single twelve-month span. Dubai now works as a key gateway linking mines, cutting hubs, and buyer markets worldwide. Producers ship rough stones here, while cutters and traders prepare them for retail shelves. Retail demand in India, the United States, and Europe keeps large orders flowing steadily. Strong regulation and secure vaults give global buyers real confidence in each recorded deal. Access to finance also helps smaller firms trade larger stone volumes across each season. Grading services and clear customs steps move each shipment through the emirate at speed.

Why Dubai’s total diamond trade reached a new all-time high

Records confirm Dubai’s total diamond trade reached a new all-time high through natural stone strength. Natural diamond trade value hit 39.9 billion dollars, near 95.8 percent of the total. Dubai traded 205.2 million carats of natural rough stones, the second highest volume on record. Rough volume rose by nearly 34 percent, showing strong appetite among global cutting and polishing centres. Polished natural trade reached 18.7 billion dollars, a rise of nearly 25 percent from 2024. Over five years, Dubai’s total diamond trade reached a new all-time high with 139 percent value growth.

Average value per carat rose about eight to nine times across the same five-year window. Ten-year data shows Dubai’s wider diamond trade rose 63 percent by value overall. Volume across the same decade climbed 44 percent, a sign of deeper market roots. Investors read these gains as proof of steady policy and reliable long-term trade rules. Ahmed Bin Sulayem, DMCC’s Chairman and Chief Executive Officer, tied the results to long planning.

He said: “Dubai’s latest diamond trade figures demonstrate the success of a long-term strategy to build the world’s most connected, transparent, and efficient precious stones ecosystem. Since the Covid-19 pandemic in 2020, we have seen trade through Dubai double in physical volume and grow by almost 140% in value. For natural polished diamonds alone, value has grown by 246%. We are the partner of choice for producers, manufacturers, traders, and retailers across the global industry. Through world-class infrastructure, regulatory certainty, access to finance, and one of the world’s most sophisticated ecosystems for precious stones, we will continue to provide the platform the industry needs to grow.”

Leadership and demand behind the record

DMCC’s diamond trade leaders point to strong demand from producers, manufacturers, and global retailers. Buyers worldwide noticed Dubai’s total diamond trade reached a new all-time high last year. From my view, this run signals real staying power for the emirate’s precious stones sector.

Reports on coloured gemstones Dubai handled last year show a record 1.1 billion dollars. This category grew 48 percent, with imports up 68.8 percent and re-exports up 33.5 percent. Synthetic and industrial diamonds now make up nearly 39 percent of total carat volume. DMCC runs the Dubai Diamond Exchange, the region’s largest tender site for precious stones. The Emirate also hosts many tenders and auctions for both rough and polished stones. Each tender draws bidders from Africa, Asia, and Europe onto a single trading floor. You can watch these figures to judge where global diamond demand heads through 2026. The exchange keeps Dubai near the front of the entire world’s diamond trading network.

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Licence-free access to Nvidia AI chips now reaches the UAE after a major US policy change. The Commerce Department eased US export controls on Friday, opening a faster path for Gulf technology firms. Washington approved this shift to reward a close ally and to grow sales for American chipmakers. You now see a real turn in how the two countries share advanced computing and defense tools.

The new rule moves the UAE into a trusted country group with NATO members and allies. Approved firms like G42 and Core42 no longer need a separate licence for each shipment. Big US names such as Amazon, Google, Microsoft, OpenAI, and xAI gain the same relief. Officials signed the notice under Bureau of Industry and Security Director Jeffrey Kessler last week. This licence-free access to Nvidia AI chips follows the finalized 2025 framework between both nations.

Licence-free access to Nvidia AI chips reshapes ties

The deal caps a decade of security work between the two allies against Iran and its proxies. US officials cited the Emirates’ role during Operation Epic Fury, the recent strikes on Iran. Emirati investment in America now tops one trillion dollars across many industries and key sectors. For readers watching tech, this signals stronger demand for advanced AI chips across the Gulf region.

Andrew Feldman, chief executive of Cerebras, welcomed the decision to ease US export controls on the UAE. “The UAE has been an exceptional ally to the US,” Feldman said on Friday. He added that a sound policy keeps loyal partners firmly inside the American technology system today. Senator Elizabeth Warren attacked the move and called the arrangement corrupt in a public statement. She warned about sensitive technology reaching China through firms with broad Gulf and global reach.

Bigger deals now move faster

The rule sets no cap on how many chips approved UAE buyers can purchase. G42 already seeks powerful chips from Nvidia, AMD, and Cerebras for large computing projects. The firm builds a five-gigawatt data center in Abu Dhabi with OpenAI and Oracle. This licence-free access to Nvidia AI chips lets these projects grow without slow licensing delays. The Commerce Department also plans to review chip requests from the Abu Dhabi fund MGX.

How this affects you and the market

For global markets, this change signals a stronger flow of American chips into the Gulf. Chipmakers like Nvidia and AMD gain a large new market with fewer government hurdles ahead. From my standpoint, this policy trades tight control for faster deals and deeper strategic trust. You should watch how China responds to broader Gulf access under these eased US export controls. The UAE ambassador praised the decision as proof of deep and dependable cooperation between nations. This licence-free access to Nvidia AI chips now shapes trade, security, and technology across the Gulf.

The road ahead for Gulf tech

Supporters believe faster chip access helps the UAE build strong local AI and cloud services. Critics still worry about weak oversight as advanced AI chips flow into private Gulf hands. Warren asked Commerce Department leaders to testify before her committee about the wider security risks. You will see this debate shape US technology policy toward the Gulf for many years.

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