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Month: December 2023

Posted on 12/12/2023

MENA Fintech Association launches their new Sustainable Fintech Report 2023

The MENA Fintech Association, founded in 2018, known for its global recognition as one of the top 4 fintech groups, unveils its groundbreaking Sustainable Fintech Report 2023 …

Posted on 12/12/2023

The egg story: Dubai’s homegrown Raju Omlete chain draws up massive expansion plans across UAE, GCC

“Dubai with its mini-UN population mix has given us access … Now that we have sufficient experience in the business, we are confident in making the brand successful wherever we open.” As for …

Posted on 12/12/2023

Dubai Unveils New Investment Fund With Billions in Assets

“The fund will focus on investments in stocks, bonds, and securities to achieve sustainable returns and can explore prospects in local or international financial markets,” WAM said. Dubai Deputy Ruler …

Posted on 12/12/2023

UAE green bonds, sukuk issuance hit Dhs15bn, says SCA

The UAE has been encouraging issuers to raise green and sustainability-linked bonds, and sukuk to accelerate its transition to low-carbon economy.

Posted on 12/12/2023

Hong Kong’s Archireef partners with First Abu Dhabi Bank to restore marine ecosystems in the Middle East

Hong Kong marine tech start-up Archireef will partner with the Middle East’s biggest bank, First Abu Dhabi Bank (FAB), to deploy terracotta tiles that will help restore the degraded reef ecosystem off …

Posted on 12/12/2023

From right or left, UAE ownership of the Telegraph should be unacceptable

To state the obvious, the media is more important to free speech and public debate than a football club or a nuclear power station …

Posted on 12/12/2023

UAE: Gold prices drop Dh1 per gram as yellow metal slips 1% in early trade

The yellow metal could see more volatility this week as several important announcements will be made including headline CPI …

Posted on 12/12/2023

XTB MENA pioneers UAE access to prestigious global equities via the launch of fractional shares

The advent of Fractional Shares marks a strategic initiative by XTB MENA to optimize portfolio diversification, concurrently contributing to the democratization of capital markets …

Posted on 12/12/2023

AP PHOTOS: At UN climate talks in Dubai, moments between the meetings

Almost every day at COP28, this year’s annual United Nations climate summit, an activist dons a costume of a dugong — a manatee-like creature that forages for seagrass in warm, shallow areas of the …

Posted on 12/12/2023

Abu Dhabi is the world’s newest wealth haven for billionaires

Abu Dhabi and nearby Dubai have become thriving global cities. Those making large investments here are eligible for long-term residency and even in some cases UAE passports, the people said. Then …

Posted on 12/12/2023

CZ must stay, Do Kwon to be extradited: Law Decoded

Meanwhile, the co-founder of Terraform Labs and its former CEO, Do Kwon, may be extradited to the United States. According to local reports, the Montenegrin Minister of Justice Andrej Milović plans to …

Posted on 12/12/2023

US House Approves Russian Uranium Import Ban

The US House voted Monday to approve legislation that would bar the importation of enriched Russian uranium, sending the measure to the Senate where it has support but limited time for passage this …

Posted on 12/12/2023

Dubai Sets Up New Fund to Hold Assets Worth Billions of Dollars

Dubai has set up a new fund to drive investments in strategically important projects and said the entity will house government-owned assets valued at billions of dollars.

Posted on 12/12/2023

James Dolan in ‘serious talks’ about building Sphere in Abu Dhabi — amid $225M feud over Vegas tab: sources

The billionaire owner of the Knicks and Rangers is in deep talks with the United Arab Emirates about licensing the Sphere in the cosmopolitan capital of the oil-rich kingdom, a source close to the …

Posted on 12/12/2023

In Dubai, IFM Investors emerges as a global green player

As the super fund backed firm reinvents itself as a global business with Aussie roots, CEO David Neal jetted to the COP28 summit to rub shoulders with the corporate climate crowd.

Posted on 12/12/2023

Cop28 summit ‘on verge of failure’ after UAE abandons fossil fuel pledge

The UN Cop28 summit is on the “verge of complete failure” after the UAE ditched a commitment to phase out fossil fuels.

Posted on 12/12/2023

UAE: Meet 20-Year-Old College Dropout Who Built Ministry Of Education’s New AI Tutor

UAE resident Quddus Pativada is a college dropout in his twenties, akin to Bill Gates, Steve Jobs, Mark Zuckerberg, and many more who later went on …

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