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Posted on 02/07/2024

4 FinTechs simplifying cross-border payments in the Middle East

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride …

Posted on 02/07/2024

UAE announces public holiday for Islamic New Year: Is it a long weekend?

The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) made an announcement that Sunday July 7 will be a public holiday for Islamic New Year for the UAE private sector. Which means it won’t …

Posted on 02/07/2024

Dubai announces new mixed-use development project ‘DIFC Square’

The new development is part of the Centre’s plans to strengthen its position as a premier global financial hub under its 2030 strategy The Dubai International Financial Centre has started construction …

Posted on 02/07/2024

Early Tuesday Slump in Dubai’s Gold Market

The first day of the week brought a slight dip to Dubai’s gold market, with prices opening lower compared to the previous week’s closing figures. The data, compiled by the Dubai Jewellery Group, …

Posted on 02/07/2024

Fuse Finance revolutionizes payment solutions amid UAE’s record $30bln foreign investment surge

The MENA region digital payments market projected to grow $9 billion by 2028 The UAE is poised to achieve a record $30 billion in foreign direct investment in 2024 Dubai, UAE – Fuse Financial …

Posted on 02/07/2024

Dubai continues to establish a sustainable economic model

Council, in its 27th meeting headed by Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of the Dubai Free Zones Council, …

Posted on 02/07/2024

Exceptional levels of demand continue in Dubai’s residential market

Dubai – CBRE Middle East, the global leader in commercial real estate advisory services, released its latest edition of Dubai’s Residential Market Notes.

Posted on 02/07/2024

Noughties garage star 45, looks like she’s ageing backwards as she poses for sizzling mirror selfie in Dubai

THIS NOUGHTIES garage star keeps getting better with age. The popular hitmaker, 45, has left fans doing a double take – with fans saying “you’re ageing backwards”. But can …

Posted on 02/07/2024

Global Telco AI Alliance founding parties sign agreement

At TM Forum’s DTW24 – Ignite, the founding parties of the Global Telco AI Alliance (GTAA) signed a Joint Venture agreement with the objective of co-developing and launching a multilingual Telco Large …

Posted on 02/07/2024

Oscar-winner DNEG lands $2bn-plus valuation after Abu Dhabi fundraising

Oscar-winning UK movie tech firm DNEG Group has achieved a valuation of more than $2bn (£1.6bn) after an Abu Dhabi-backed fundraising to support expansion into producing its own films and games. …

Posted on 02/07/2024

Dubai updates energy demand strategy to push efficiency savings

Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, issued Directive No. (1) of 2024 updating the strategy …

Posted on 02/07/2024

Huawei Showcases 5G-Advanced and AI Integration at MWC Shanghai 2024

In a significant industry initiative, Huawei launched the 5G-A Pioneers Program, reaching six consensuses with pioneering global operators, including UAE’s du, Oman Telecommunications, China’s “big …

Posted on 02/07/2024

When is the next public holiday in the UAE?

Wondering when the next public holiday in the UAE will be? From the next date and whether we will be off work or not, we have the answers.

Posted on 02/07/2024

A new Dhs210 million luxury mall is coming to Dubai

Dubai’s latest mall will include a supermarket … The Sobha Mall will be designed with greenery, water features, natural lighting, energy-efficient lighting, solar panels, green building materials …

Posted on 02/07/2024

Microsoft AI Deal With UAE’s G42 at Risk Over National Security Fears

Microsoft Corp. and G42, the United Arab Emirates artificial intelligence firm, announced plans to spend $1 billion on projects in Kenya, including a massive geothermal-powered data center. The deal …

Posted on 02/07/2024

DNEG Raises $200M From Abu-Dhabi Investment Firm United Al Saqer Group To Accelerate AI Drive

London-based The DNEG Group has secured a $200M capital injection from Abu Dhabi investment firm United Al Saqer Group (UASG). The UK-Indian company said the new funds would be used to accelerate the …

Posted on 02/07/2024

DNEG Raises $200M From Abu-Dhabi Investment Firm United Al Saqer Group To Accelerate AI Drive

London-based The DNEG Group has secured a $200M capital injection from Abu Dhabi investment firm United Al Saqer Group (UASG). The UK-Indian company said the new funds would be used to accelerate the …

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