The Campus, spanning over 100,000 sqft within the DIFC jurisdiction, will focus on the use of AI and Web 3.0 in the financial services industry DIFC sets up Dubai AI & Web 3.0 campus; will create over …
UAE bank announces $27m in loans for food firms
UAE’s Emirates Development Bank unveils AgriTech Loans for food sector UAE bank announces $27m in loans for food firms Agriculture, agriculture in dubai, agriculture in UAE, agriculture methods, …
UAE: Tax Agents Forum to discuss agents’ role in implementing Corporate Tax
The meeting contrasted Tax Agents’ role with that of the Advisory Business Group, established by the FTA to streamline tax administration …
Abu Dhabi Oil Giant Adnoc Makes Takeover Approach for Covestro
Abu Dhabi National Oil Co. has made a preliminary takeover approach for German chemical producer Covestro AG, people with knowledge of the matter said.
Abu Dhabi jails woman over hate speech viral video
Abu Dhabi Public Prosecution has ordered that an Arab woman be jailed over inciting hate speech in a viral video on social media. Public prosecutors ordered the imprisonment of the woman, in …
Abu Dhabi royal family’s eye-watering net worth
Their superyacht is so big they practice golf in it, their palace is triple the size of the Pentagon and their fleet of private jets could rival an airline.
Lazard stock rises in premarket on report of recent interest from Abu Dhabi sovereign wealth fund
MARKET PULSE Lazard Ltd. stock is up 5.2% in premarket trades on Tuesday after the Financial News reported that Abu Dhabi’s sovereign wealth fund ADQ had launched talks earlier this y ear to take the …
Sharjah Chamber celebrates graduation of Little Chamber Nursery’s 10th batch
The ceremony opened with the UAE national anthem, followed by recitations from the Holy Quran and morning remembrances by the talented children of the nursery …
UAE ranked among world’s top 10 economies; Sheikh Mohammed thanks President, people for their dedication
Emirates leads the world in several indicators such as management, energy, infrastructure, the government’s ability to adapt to changes and others …
CoffeeDesk is now the official distribution of AeroPress products in the UAE
Dubai, United Arab Emirates: CoffeeDesk, one of the leading solutions for coffee and tea accessories and equipment in GCC and Europe, are now the official distributors in the UAE for AeroPress. The …
Dubai 7th most expensive city for high-class living
Dubai has jumped from 14th in 2022 to seventh place this year for high-class living costs following the strong recovery in the post-pandemic period, accord..
World’s most expensive cities for luxury living: Dubai breaks in to top 10
Dubai is dubbed this year’s star performer in the 2023 index, with the relocation of large numbers of wealthy individuals impacting property prices in the emirate …
UPDATE 2-Bahrain’s Investcorp seeks to raise up to $600 mln from investment vehicle IPO
DUBAI, June 20 (Reuters) – Middle East alternative asset manager Investcorp Holding is seeking to raise up to $600 million from the listing of an investment vehicle in Abu Dhabi this year, two sources …
EDB launches $27.2mln AgriTech loans to boost UAE food security
Emirates Development Bank (EDB) today unveiled the UAE’s first-of-its-kind AgriTech Loans Programme, set to allocate a substantial AED 100 million in financing support for the country’s vital food …
RAKBANK Set to Transform its Business Finance Operations, Selects Newgen’s Trade and Supply Chain Finance Solution
Leveraging Newgen’s Trade Finance and SCF solution, built on a low code digital transformation platform—NewgenONE, the bank can seamlessly automate the origination and processin …
UAE Islamic banks’ gross assets reach AED650bn in Q1, 2023
Their deposits also registered a 6.2% increase to AED453.4 billion during the period UAE Islamic banks’ gross assets reach AED650bn in Q1, 2023 CBUAE, Central Bank of the UAE, Islamic banking, UAE …
Dubai catapults to seventh rank in Julius Baer’s Global Wealth and Lifestyle Report
Dubai has enjoyed a rapid rise up the ranking to 7th place … At the end of April 2023, assets under management amounted to CHF 429 billion. Bank Julius Baer & Co. Ltd., the renowned Swiss private …