Indian supply chain finance technology provider Veefin has acquired TradeAssets, a blockchain-powered e-marketplace for trade finance assets.
Al Salam Bank Net Profit Grows by 40% to Record Levels
Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) achieved record profitability with net profit attributable to shareholders increasing by 39.8% to …
Al Salam Bank achieves a historic 40% surge in net profits
Manama, Bahrain – Al Salam Bank (Bahrain Bourse trading code “SALAM”, Dubai Financial Market trading code “SALAM_BAH”) achieved record profitability with net profit attributable to shareholders …
Abu Dhabi Department of Government Enablement, Institute of Management Accountants sign MoU to enhance professional development, HR framework
The MoU aims to strengthen cooperation in designing and implementing specialized professional development programs supported by digital and AI solutions …
Dubai records 3.1 per cent GDP growth in first nine months of 2024, reaches Dh339 billion
Dubai’s economy maintained its strong growth momentum, with Gross Domestic Product (GDP) increasing by 3.1% in the first nine months of 2024 compared to the same period in 2023, reaching Dh339.4 …
UAE Government to tackle virtual asset financial crime with Dubai regulator
The UAE Ministry of Interior and the Dubai Virtual Assets Regulatory Authority (VARA) have teamed up to to combat virtual asset financial crimes using specialized task forces, electronic platforms, …
Dubai property sales hit $12.09bln in January
A market update issued by fäm Properties reveals that last month’s total of 14,236 transactions also represented a 23.2% increase in volume over January 2024 …
FinTech LIVE Dubai Returns in Three Months
Join us this year to network and share knowledge with established organisations and like-minded peers across the Middle East & Africa …
Will be good to see Sharjah Warriorz claim the title: ILT20 ambassador Shoaib Akhtar
The DP World has captivated cricket fans worldwide with its exhilarating action. As the tournament reaches its penultimate stage, the stakes couldn’t be higher. Desert Vipers and Sharjah Warriorz are …
Seikh Sultan honours winners of 16th Sharjah Biennial
His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, attended the award ceremony for the winners of the …
Abu Dhabi Forum for Peace Head attends IRF Summit in Washington
ABU DHABI, 7th February, 2025 (WAM) — Sheikh Abdullah bin Bayyah, Head of the Abu Dhabi Forum for Peace and Chairman of the UAE Council for Fatwa, highlighted the UAE’s role as a global model of …
UAE, France to build 1-gigawatt AI data centre: What we know about this mega tech project
The UAE-France agreement was inked as global experts began debating the threats and promise of AI at a gathering in Paris on Thursday and Friday …
‘The batting tracks in UAE makes cricket exciting, the next two games will be thrilling’: Virender Sehwag ahead of ILT20 Season 3 finale
Virender Sehwag expects an exciting Qualifier 2 match between Sharjah Warriorz and Desert Vipers. The winner will face Dubai Capitals in the final. He praises UAE cricket venues and the ILT20 league’s …
OMODA and JAECOO set to accelerate into UAE market with immersive test drive experiences
The event garnered overwhelmingly positive reviews from participants, who praised the vehicles’ advanced technological features, impressive performance, and …
Dubai: New initiatives announced for children, community
The initiatives aim not only to enhance social development benchmarks focused on children’s quality of life, but also to improve the well-being of people in the country. Must know: These 4 areas to …
Ercil to Shut $3 Billion Hedge Fund in Family Office Pivot
Alp Ercil is closing his $3 billion flagship hedge fund after a money-making 14-year run, and will convert his firm into a family office, according to a person familiar with the matter.
Dubai’s GDP expands by 3.1% in the first nine months of 2024 to reach AED339.4 billion
Trade, Transportation and Storage, and Finance and Insurance emerge as the leading sectors driving Dubai’s GDP growthHelal Almarri: Dubai’s exceptional economic performance in the first nine months of …