The planned expansion comes as major fund managers flock to Dubai, attracted by favourable tax conditions and government incentives.
UAE Leads AI Race as Global Markets Seek Specialized Talent
The global rise in artificial intelligence (AI) investments is driving a competitive race among businesses to secure specialized talent in various digital sectors, including health, finance, …
China Aoyuan’s Shares Rally After UAE Investor Multi Gold Becomes Builder’s Top Shareholder
(Yicai) Sept. 23 — Shares of China Aoyuan Group skyrocketed after the property developer said Multi Gold Group, an investment firm from the United Arab Emirates, has become its new largest …
UAE President hails ‘deep bonds of friendship’ on Saudi Arabia’s 94th National Day
President Sheikh Mohamed has hailed the UAE’s deep bonds of friendship with Saudi Arabia as the country marks its 94th National Day.“On the occasion of Saudi National Day, I extend my congratulations …
MEBIS 2024 concludes with groundbreaking insights on AI, digital transformation and the future of banking in the Middle East
With a focus on enhancing customer experience, security, payments, and the rapidly evolving landscapes of Open Banking and Open Finance, the event showcased cutting-edge solutions and sparked insightf …
UAE treasury bonds, sukuk programmes achieve Dhs25bn in issuances
There has been increased demand in primary markets for Islamic Treasury Sukuk and growth in sukuk auctions by primary distributors.
Gold prices in Dubai jump to new record high in early trade
The rally in yellow metal has been driven by interest rate cuts by the Fed and geopolitical tension in the Middle East …
Dubai Safari Park roars back for its sixth season after undergoing upgrades
The park aims to set the standard for responsible tourism and wildlife conservation. Dubai Safari Park roars back for its sixth season after undergoing upgrades. dubai municipality, dubai safari park, …
Huawei, du Launch Middle East’s First Indoor 5G-Advanced Network with 3CC Technology
Huawei, in partnership with du, from the Emirates Integrated Telecommunications Company (EITC), have deployed the first indoor 5G-Advanced Network in the Middle East. Making use of Three Carrier …
UAE artificial intelligence firm and Nvidia to partner up on climate technology
Still, Washington has been increasingly concerned about the UAE and other Middle Eastern countries becoming a conduit for advanced US AI technology reaching China. Last year it imposed new curbs on AI …
UAE artificial intelligence firm and Nvidia to partner up on climate technology
Still, Washington has been increasingly concerned about the UAE and other Middle Eastern countries becoming a conduit for advanced US AI technology reaching China. Last year it imposed new curbs on AI …
TSMC, Samsung consider building chip factories in UAE, WSJ reports
TSMC and Samsung Electronics have discussed building huge factory complexes in the United Arab Emirates that could transform the chip industry in the coming years, the Wall Street Journal reported on …
SGX targets Dubai expansion to follow hedge funds
LONDON – Singapore Exchange (SGX) is eying expansion into Dubai, drawn by the surge of hedge funds that have settled in the United Arab Emirates.
Biden urged to seek halt in alleged UAE arms supplies in Sudan
With the death toll rising dramatically in Sudan’s embattled Darfur region, U.S. President Joe Biden is under pressure to push for a halt in alleged arms shipments by a key regional player, the United Arab Emirates, when he meets the UAE’s leader this …
Hoshiarpur youth dies in Dubai accident
A 33-year-old youth from Khanpur village near Garhdiwala died in a road accident in Dubai.
UAE: $6.8bln in issuances of Government Treasury Bonds, Islamic treasury sukuk
UAE continues to cement its position as one of the most competitive and advanced economies in the world, said Sheikh Maktoum …
Peril and privilege: gay expat nightlife in Dubai
That is the question that LSE’s Dr Centner and his co-author Harvard’s Manoel Pereira Neto explore in their groundbreaking research into Dubai’s expatriate gay men’s nightlife. But it was not an easy …