SINGAPORE – Abu Dhabi has claimed the top spot in a new global ranking of cities based on the capital managed by their sovereign wealth funds, with US$1.7 trillion (S$2.2 trillion) in assets as at …
Australia soar and surge after digging deep in Sharjah
They built on learnings from a less clinical performance than expected against Sri Lanka and are looking unstoppable | ESPN.com …
CBUAE: UAE to host national summit on financial crime compliance tomorrow
The two-day National Summit will address vital topics in AML/CFT compliance, and strategies for managing financial crime risks …
UAE weather: Chance of rainfall today; temperatures to dip to 20°C in some areas
Residents can expect rainfall today over some eastern and southern areas of the UAE, as per a forecast by the National Centre of …
Maktoum bin Mohammed: 2025 Federal Budget demonstrates UAE’s keenness to harness all available resources to meet sustainable development goals
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, stated: “The 2025 federal budget showcases the UAE’s continued comm …
Report Tauts Florida’s Vibrant VC Scene: $2.1 Billion for 332 Deals During H1. Fintech Sector Most Active
Florida, and the Miami region specifically, has emerged as a fast-growing startup/entrepreneur ecosystem. The warm weather, combined with a business-friendly …
How do UAE’s trackless trams reduce traffic congestion? By using data from space
Data from space and aerial sensors are helping automated trackless trams operate in Abu Dhabi, particularly serving the capital’s weekend transit …
Middle East’s first licensee Wynn talks up $5bn UAE gaming opportunity
After securing the UAE’s first casino licence, Wynn Resorts expects the integrated resort to GGR revenue of up to $1.68bn upon opening.
Dubai: Sick building syndrome? Residents seek high air quality to avoid headaches, breathing issues
“Dubai Municipality has introduced specific indoor air quality standards under its Green Building Regulations, mandating minimum ventilation rates and pollutant control measures.” Ibrahim Imam. Photo: …
AccelerComm welcomes Radisys to 5G program
The AccelerComm 5G Ecosystem Partner Program has added open telecom solutions provider Radisys to its roster, which will enable original equipment manufacturers to seize opportunities for …
United Arab Emirates Exempts Crypto From Value Added Tax
The United Arab Emirates (UAE) has exempted all %Cryptocurrency transactions from its value-added tax (VAT), bringing the industry into line with more traditional financial services. The tax exemption, which goes into effect on Nov. 15 of this year, applies retroactively to transactions from as far back as Jan. 1, 2018.
Gauging the basketball culture in Abu Dhabi, Xavier Tillman’s long-range outlook, and other thoughts on the Celtics
It seemed Abu Dhabi revealed its basketball culture after dark, when recreational sports are more evident and the searing heat is more tolerable.
Two new advanced technology firms join UAE’s NextGen FDI programme
The Ministry of Economy has announced the addition of two advanced technology companies to the UAE’s NextGen FDI programme, …
Did Trump Send Putin COVID Tests From His Presidential Stash While Americans Got Defective Imports?
The White House COVID czar under Trump says his office did not transfer any tests to the Russian dictator, but there are several sources the president himself could have drawn from.
Abu Dhabi wealth fund writes off 9.9% stake in struggling Thames Water, FT reports
Abu Dhabi’s sovereign wealth fund, one of the largest shareholders in Thames Water, has written off its nearly 9.9% stake in the troubled British utility, the Financial Times reported on Tuesday.
Expats in the UAE look to digital apps to transfer money; exchange rates and fees lead remittance concerns
High fees, including how exchange rates are calculated, are a top issue for digital transfers. Fees were a key issue for 38 per cent of remittance senders and 33 per cent of recipients. Additionally, 20 per cent of senders and 23 per cent of recipients struggled with calculating exchange rates
Namibia: Modelling Namibia’s Oil Future On the UAE’s Success
The united Arab Emirates (UAE) is often cited as an example of how an oil-rich nation can successfully leverage its natural resources to drive socio-economic development and create a diversified, resilient economy that can rebound repeatedly.