The RBI has decided to grant in-principle approval to the UAE’s Emirates NBD Bank PJSC for setting up a wholly-owned subsidiary in India. Emirates NBD Bank PJSC is Dubai’s government-owned lender. The …
Emirates Development Bank launches AED1bln Emirates Growth Fund to accelerate the growth of UAE-based SMEs
Abu Dhabi, UAE – Emirates Development Bank (EDB) today announced the launch of the Emirates Growth Fund (EGF), a transformative AED 1 billion growth equity platform designed to accelerate the scale, …
Sharjah beat Sailors to claim AFC CL2 glory
SINGAPORE: Sharjah FC claimed the AFC Champions League Two 2024-25 title with a dramatic 2-1 win over Singapore’s Lion City Sailors at …
Abu Dhabi’s industrial GDP up 23% to Dhs111.6 billion in 2024
The Abu Dhabi Industrial Strategy (ADIS) is supercharging the manufacturing sector and accelerating the economic diversification in the emirate.
OpenAI’s Sam Altman rips ‘naive’ critics of Trump-backed AI chip deals with UAE, Saudi Arabia
OpenAI boss Sam Altman defended the Trump administration’s move to support artificial intelligence deals with the UAE and Saudi Arabia while blasting critics of the arrangements as “naïve.” …
Faut-il vraiment passer à la 5G en 2025
En 2025, la 5G est bien implantée en France, mais faut-il vraiment choisir un forfait 5G et un smartphone compatible ? Alors que la couverture s’étend et que les offres alléchantes se multiplient, bea …
Morocco’s thriving solar sector attracts significant investment from Saudi Arabia and UAE
Morocco’s ambitious renewable energy strategy, coupled with its abundant sunshine, is firmly establishing the Kingdom as a leading solar energy hub in North Africa.
DGFT Aligns Import Policy with Customs Tariff Changes
The DGFT has aligned India’s import policy with changes made in the Customs Tariff schedule for precious metals, ensuring consistency between customs duties and regulations. The new HS codes aim to …
DGFT updates import policy to match customs tariff changes in budget 2025
The DGFT has updated India’s import policy to align with Budget 2025 changes, particularly for precious metals. New HS codes now track gold dore, silver dore, and high-purity platinum. This addresses …
Abu Dhabi announces car manufacturing plans as it eyes $27bn automotive plan and 7,000 skilled jobs
Abu Dhabi Investment Office launches automotive industry plan as it targets major investment and manufacturing drive for motoring sector …
Trump reshapes US foreign policy with wildly successful, business-first Middle East trip
Trump takes the art of the deal on tour. His Middle East trip secures major business deals, boosts AI leadership and challenges China, shifting U.S. foreign policy.
SCC to discuss Sharjah International Airport Authority policy Thursday
The Sharjah Consultative Council (SCC) will hold its fifteenth session on Thursday.The session’s agenda includes, following the approval of the minutes of the fourteenth session, a discussion on the …
UAE: Emirates Development Bank launches Dh1-billion growth fund to fill SME funding gap
In a major push to bridge the Dh2-billion funding gap for UAE-based small and medium enterprises (SMEs), Emirates Development Bank (EDB) has launched Emirates Growth Fund (EGF) – a Dh1-billion funding …
Changpeng Zhao in UAE Can Be Sued for Terrorism Finance Via U.S. Counsel
“CZ can run but he cannot hide,” said Ryan Sparacino, the managing partner at Sparacino, who is among the litigators representing the plaintiffs, referring to Binance’s founder Changpeng Zhao. “We …
Acme Worawat named ‘Most Influential Person in Blockchain and Crypto 2025’ at MEBA
In recognising the leadership and impact in emerging technologies, Acme Worawat was presented with the award of ‘Most Influential Person in Blockchain and Crypto 2025’ at the prestigious Middle East …
Ripple Strengthens UAE Presence With New Partnerships
Ripple has announced a partnership with UAE-based platforms, Zand Bank and MamoPay, to facilitate cross-border payments.
Shamal introduces second tower at Baccarat Hotels and Residences Dubai
Baccarat Hotels & Residences Dubai is a luxury development comprising two crystalline-inspired towers in Downtown Dubai …