In a world where political shifts often dictate economic landscapes, the UAE has quietly emerged as a dominant force, fundamentally reshaping the global financial system. Two financial powerhouses-Abu …
Abu Dhabi’s MGX, Microsoft, BlackRock partner to launch $30bn AI fund
MGX said the investments, which seek to fuel AI innovation and economic growth, will be chiefly in the US and the remainder in partner countries.
Abu Dhabi wealth fund commits to Polus Capital Management’s special situations strategy
Abu Dhabi Investment Authority, Abu Dhabi, committed an undisclosed amount to Polus Capital Management ’s special situations strategy. With the commitment — made through a wholly owned subsidiary of …
Ultra-luxury Dubai Water Canal apartment sells for $16.3mn
located along the Dubai Water Canal. The apartment sold for $16.3 million (AED60 million), according to the developer. The project previously saw an ultra-luxury apartment unit sold for $50 million.
Biden to discuss Gaza, Sudan, AI with UAE president on Monday, spokesperson says
U.S. President Joe Biden will welcome United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan to the White House on Monday for talks on issues ranging from the war in Gaza, Sudan and …
Historic White House Visit: Biden Welcomes UAE President Amid AI and Middle East Tensions
U.S. President Joe Biden is set to meet UAE President Sheikh Mohammed bin Zayed Al Nahyan for the first-ever such visit. Talks will cover the Gaza conflict, Sudan, AI development, and UAE’s part in …
Sharjah to launch first commercial AI licence in partnership with Microsoft
Sharjah is launching the world’s first commercial artificial intelligence (AI) licence in partnership with Microsoft, as it seeks to keep pace with economies based on autonomous systems and digital …
In Under 3 Minutes: Sharjah Rolls Out World’s First AI-Generated Trade Licence
Sharjah has rolled out the first AI-generated trade licence in the world which takes only three minutes to get the licence.
Sharjah Police help return Dh20 million to owners after settling nearly 400 financial disputes
The police were able to resolve 385 cases in the first half of 2024, facilitating the return of more than Dh20 million in funds to claimants in financial disputes. All these issue …
Sharjah thrashing — Afghanistan inflict first-ever defeat on Proteas
Afghanistan 107 for 4 (Naib 34*, Fortuin 2-22) beat South Africa 106 (Mulder 52, Farooqi 4-35, Ghazanfar 3-20) by six wickets.
Sharjah employs AI tech to issue trade licence within five minutes
The upcoming service will initially be available through the Sharjah Investor Services Center (Saeed) and SPC Free Zone.
UAE welcomes UN’s resolution that Israel’s occupation is illegal and must end
This opinion confirmed that the Israel’s occupation of the Palestinian territories since 1967 is illegal and that ‘Israel is under an obligation to end it as soon as possible.’
Orlando makers put their spin on a viral TikTok treat from Dubai
A TikTok taste now trending worldwide — the luscious, pistachio-laden phenomenon known as “Dubai chocolate” — hits the 407 in various incarnations.
UAE Central Bank joins Fed in cutting interest rates
The UAE Central Bank cut its benchmark interest rate on Wednesday, joining the US Federal Reserve in cutting the policy rate for the first time in four years. After hitting the pause on increasing …
Bybit Report Unveils Key Insights into BTC’s Role Amidst Rate Cuts Cycle and U.S. Election
DUBAI, UAE, Sept. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in collaboration with BlockScholes, released a comprehensive report uncovering …
Dubai Shopping Festival reveals dates for epic 30th edition bringing the biggest-ever celebration to the city
The monumental 30th edition of DSF will be the city’s greatest, most memorable, and uniquely out-of-this-world celebration ever, marking the most extraordinary season in DSF history from 6 December 20 …
The UAE Growth & Investment Forum by Gulf News gets under way today
Abdulaziz Al Nuaimi and Ismail Al Naqi to headline the event With a distinguished line-up of speakers from diverse industries such as free zones, business set-up, finance, and taxation, Gulf News’ The …