Nine Blocks Capital Management becomes the first crypto hedge fund to receive a license from Dubai’s VARA, establishing its global headquarters.
UAE appreciates efforts of scientists, researchers and innovators: Sheikh Mohammed
Sheikh Mohammed emphasised the country’s commitment to empower and support them, recognising their significant contributions to the advancement, progress and prosperity of the nation.
Dubai enters top 10 of Global Power City Index, named best in world for corporate tax, unemployment, cleanliness
Dubai leads the list of Arab and regional cities and ranks among the top 10 globally in the Global Power City Index (GPCI) 2023, issued by the Mori Memorial Foundation’s Institute for Urban Strategies …
UAE free zone announces no-fee business set-up service ahead of COP28
Ras Al Khaimah Economic Zone (RAKEZ) has launched a groundbreaking COP28 business set-up offer, which extends a two-year licence with no fee for office set-ups, providing entrepreneurs with a …
Russian media: Russian company imports aircraft, helicopter parts from Ukrainian factories
The company was sanctioned by Ukraine in 2021. Avia FED Service therefore used an intermediary company registered in the United Arab Emirates (UAE) to import supplies from abroad between 2022 and 2023 …
Abu Dhabi launches SME Finance Facilitator program to propel sector
RIYADH: Small and medium enterprises in the UAE are on course to have improved access to financial services thanks to a new program launched by the Abu Dhabi Department of Economic Development. The …
UAE intended to use COP28 climate summit to push oil deals
Leaked documents obtained by the BBC show the United Arab Emirates, a major fossil fuel producer, was looking to strike oil deals at COP28.
UAE reportedly planned to use COP28 climate summit to lobby for oil and gas deals
COP28 will be held in Dubai, with scores of world leaders and government ministers from nearly 200 countries expected to attend.
Abu Dhabi airport’s Terminal A plans expansion as Etihad Airways maps 2030 growth
Abu Dhabi’s Terminal A plans to attract new airlines to start flights to the UAE capital and aims to “future-proof” operations by increasing its capacity to 65 million passengers in 10 years, up from 45 million currently.
Motor racing-Perez gets formal warning for calling F1 stewards ‘a joke’
Red Bull’s Sergio Perez was given a formal warning for calling Formula One stewards “a joke” over team radio after they gave him a five-second penalty during the season-ending Abu Dhabi Grand Prix. The sanction demoted the Mexican from second at the chequered flag,
Planned UAE-backed purchase of UK’s Telegraph newspaper raises concerns
An Abu Dhabi-backed investment fund appears increasingly likely to buy The Telegraph newspapers and the weekly Spectator magazine, raising concerns over the publications’ future direction.
Kanye West Gives Surprise Performance of New Song ‘Vultures’ in Dubai
Kanye West appeared on stage in Dubai alongside Lil Durk and Ty Dolla Sign, where the trio gave a surprise performance of their new song.
Our ambitions have no limits: Dubai among world’s most powerful cities in 2023
Sheikh Hamdan expressed his gratitude to ‘all that contributed to this achievement – to all team and its community’
Crypto Hedge Fund Nine Blocks Snags Dubai Digital Assets License
Nine Blocks, which follows a market neutral strategy, also made Dubai its global headquarters.
Abu Dhabi’s financial sector forecast to grow 13% in 2023
ABU DHABI – Abu Dhabi’s financial sector is forecast to grow 13% in 2023, a senior official said on Monday, as efforts to diversify the Gulf city-state’s economy gather pace. Duba …
UAE economic performance surpasses expectations amid investment in new sectors
The recent economic performance of the UAE has surpassed expectations despite rising global and regional uncertainty. This is testament to the country’s economic resilience as it continues to push for …
Sustainable finance key component of UAE’s economic future – Minister of Economy
Abdullah bin Touq Al Marri cited green finance, investing in new economies and carbon trading as components shaping the economic future of the emirates …