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Posted on 10/12/2024

Marshall Wace Joins Abu Dhabi Hedge Fund Rush With New Office

Marshall Wace, one of London’s biggest hedge funds, has joined the flurry of global investment firms expanding to the United Arab Emirates capital.

Posted on 10/12/2024

Wio Bank could double retail customer numbers in 2025

The UAE-based digital bank Wio Bank is looking to double its retail customer numbers in 2025 and significantly boost its SME customer base.

Posted on 10/12/2024

The first AED stablecoin receives approval from Central Bank

The first AED (UAE Dirham) stablecoin has been approved by the Central Bank of the UAE and is set to launch soon. In an X post, AE Coin noted that it will be the first local stablecoin to be accepted …

Posted on 10/12/2024

SEE Institute and Cardano Partner to Integrate Blockchain

SEE Institute in Dubai has partnered with Cardano Foundation to leverage blockchain for sustainable development, and business solutions.

Posted on 10/12/2024

Bitcoin Mena: UAE’s first regulated stablecoin gets final approval and will be available ‘soon’

AE Coin, the stablecoin that is the first regulated digital currency in the UAE, has been granted final approval by local authorities and is scheduled to be launched “soon”, its general manager has …

Posted on 10/12/2024

Craving pasta? 12 luxe fine-dining Italian restaurants in Dubai

World Pasta Day is celebrated on 25 October every year (not that we need a specific day  or reason to eat our favourite Italian meal).

Posted on 10/12/2024

The coolest hotels to stay in Dubai this Christmas

If you’re looking for luxe retreats, festive feasts, or dazzling celebrations, Dubai’s hotels deliver unmatched experiences. Here’s an ahlan-approved guide to the best places to stay if you want to …

Posted on 10/12/2024

First Abu Dhabi Bank Joins Tokenization Firm Libre for Collateralized Lending

An MoU signed in the UAE by First Abu Dhabi Bank and Libre Capital kickstarts a pilot credit line for approved lenders to use RWA tokens as collateral.

Posted on 10/12/2024

Abu Dhabi’s CYVN Holdings to buy McLaren’s automotive business, stake in racing business

CYVN Holdings and Mumtalakat are committed to optimising McLaren’s portfolio to ensure sustainable long-term financial returns, positioning the company for continued success …

Posted on 10/12/2024

Talabat Rises in Dubai Debut After Gulf’s Biggest IPO for 2024

Talabat Holding Plc advanced in its Dubai trading debut after raising more than $2 billion in the largest initial public offering for the tech sector this year.

Posted on 10/12/2024

UAE real estate: Tranquil Infra Developers launches with investments over $50mn

Blossom76, the latest offering by Tranquil Infra, brings luxury apartments, family-friendly amenities, and strong rental yields to JVC. UAE real estate: Tranquil Infra Developers launches with …

Posted on 10/12/2024

Dubai real estate average rents surge 21% to $24,600 as apartments and off-plan properties dominate $8.3bn November sales

The Dubai real estate market showcased its resilience and adaptability in November 2024, with total sales transaction values reaching AED30.53bn ($8.3bn) across 12,543 transactions, according to …

Posted on 10/12/2024

Space42 teams up with ICEYE to manufacture SAR satellites in UAE

The venture seeks to address the growing demand for high-resolution imagery and data from SAR satellites, which can be applied across various use cases …

Posted on 10/12/2024

A special meteor shower will be visible from Dubai this week

The Geminids Meteor Shower is about to become visible in Dubai skies, and this celestial event is not one to miss.

Posted on 10/12/2024

DIFC announces decarbonation strategy, achieving Net Zero by 2045 at Future Sustainability Forum 2024

DIFC has announced its Decarbonisation Strategy, reinforcing its commitment to being a sustainability leader in the region DIFC is playing a key role in the UAE’s Net Zero 2050 Goals, aiming to reach …

Posted on 10/12/2024

Dubai Customs’ volunteering benefits 90,000 people

Dubai Customs has announced that 90,000 individuals benefited from its volunteer efforts in the first nine months of this year. The organisation …

Posted on 10/12/2024

General Atlantic Bets Bigger on Gulf With New Abu Dhabi Office

General Atlantic is making a deeper push into the Gulf with a new office in Abu Dhabi, joining a slew of Western firms expanding in the Middle East.

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