Sheikh Rashid Al Qasimi inaugurates the self-service facility. The Sharjah Finance Department (SFD) has partnered with “Tahseel” and MBME Group, the UAE’s largest payment aggregation platform, to …
Abu Dhabi’s ADQ acquires minority stake in Canadian investor
Sovereign-wealth investor Abu Dhabi Development Holding Co., (ADQ), and Canada’s Bank of Montreal (BMO) have agreed to acquire minority equity stakes in Sagard, a global alternati
‘Dubai is the new L.A.’: Influencers flock to UAE to max social media followers
Image: Shuitterstock Influencers from across the globe are relocating to Dubai to maximise opportunities for collaboration with other social media icons in the city and in nearby countries. “Dubai is …
UAE: Gold prices plunge in Dubai after Fed meeting
The Dubai Jewellery Group data showed the 24K trading at Dh232.25 per gram on Thursday morning as against Dh233 per gram at the close of markets on Wednesday. Similarly, 22K, 21K and 18K also opened …
AIQ expects double-digit demand growth for AI in the UAE
AIQ, a joint venture between Adnoc and Group 42, expects “double-digit” growth in demand for its artificial intelligence offerings in the UAE in the next few years. The company has seen a surge in AI …
“We Got Funded!” Dubai-Based HR-Tech Platform Alfii Raises US$2.5 Million In A Pre-Seed Funding Round
Dina Mohammad-Laity, co-founder and CTO, Alfii. Source: Alfii The confidence shown by investors has heightened the Alfii co-founders’ hopes to become “the most comprehensive fintech-powered people …
FDI shrinks globally but is up 10pc to $23bn in UAE during 2022: UN report
Foreign direct investment (FDI) flows into the United Arab Emirates rose 10 per cent in 2022 from the previous year to a record $23 billion, the United Nations trade body said in a report on Wednesday.
UAE Awards China’s WeRide The First National Self-Driving Vehicle License Ever
Although other companies are testing autonomous vehicles in the United Arab Emirates, WeRide will be the first company officially licensed to do it across the country
Woman in Dubai jailed for stabbing lover’s wife with fruit knife
A woman who attacked her lover’s wife with a fruit knife has been jailed for two years in Dubai. The attack happened after the Indian woman, 38, went to tell the wife about her 15-year affair with the …
Dubai: Here’s What Will Get You AED100K Fine Under New Traffic Law
To improve traffic safety and protect people’s lives and property in the emirate, significant changes have been made to Dubai’s vehicle impounding system. These amendments involve stricter penalties.
Dubai SME members receive Dhs1.12bn in procurement contracts in 2022
Dubai SME members secured the contracts from several local and federal government entities, semi-government organisations and private businesses. Launched to align with the direct …
UAE is focused on uniting parties in a COP that delivers for all : COP28 President-Designate
The COP28 President-Designate paid tribute to the work of Mia Mottley, Prime Minister of Barbados, in driving climate finance reform for vulnerable countries across the Global South. “As Prime …
UAE: Re-exports can fast-track Emirates’ economic ambitions
On March 28 this year, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, announced that ..
Maligned COP28 host UAE to spend $US54bn push to triple renewables by 2030
Controversial COP28 host UAE says it will spend more than $US50 billion tripling its renewable capacity by 2030, with focus on hydrogen exports.
Abu Dhabi, Austria’s OMV in talks to form US$30bil chemicals giant
DOHA: Abu Dhabi and Austria’s OMV AG are exploring a combination of Borouge Plc and Borealis AG to create a chemicals and plastics company worth more than US$30bil (RM139.57bil), people familiar with …
Uae: World’s First Ai Institute In Health Care To Be Based In Ajman
UAE-based Gulf Medical University (GMU) on Wednesday launched the first-of-its-kind Institute of AI (Artificial Intelligence) and Technology in Health Care aimed at developing digital skills of …
UAE attracts record $23 bln in foreign investment in 2022 – UN report
Foreign direct investment (FDI) flows into the United Arab Emirates rose 10% in 2022 from the previous year to a record $23 billion, the United Nations trade body said in a report on Wednesday.