Multi-strategy hedge fund Walleye Capital has made a string of hires to bulk up its energy trading capabilities and plans to open an office in Dubai as part of an ongoing expansion.
Seven ways UAE workers can invest end-of-service benefits for retirement
The recent introduction of an optional savings retirement plan that allows employees in the UAE’s private and free zone sectors to invest their end-of-service benefits to build long-term wealth is the …
UAE, Saudi Arabia represent nearly 30% of the financial wealth in the Middle East and Africa
Buoyed by equities and investment funds, which made up the largest asset class at 58% of total personal wealth in 2022, the UAE represented 13.2% of the region’s financial wealth last year, growing at …
US contractor to deploy high-spec rig offshore Abu Dhabi on new charter
Northern Offshore (NOF) has secured a contract from OQ, formerly known as Oman Oil Company, to charter its high-specification jack-up drilling unit Energy Emerger for offshore operations in Abu Dhabi.
Abu Dhabi’s ADGM Authority appoints new CEO
In his new role, Salem Mohammed Al Darei will drive ADGM’s growth by leveraging the trends emerging across the international financial services sector …
RTA, Nakheel to build 1425m bridge connecting Bur Dubai to Dubai Islands
The project will have direct entry and exit points on the Bur Dubai side through a bridge stretching across the Creek between the Infinity Bridge and Port Rashid Development Project
Etisalat By E& Offers Free Calls To Libya Supporting Communities Affected By Floods
DUBAI, 13th September, 2023 (WAM) – etisalat by e& today announced free calls from networks to Libya as a expression of solidarity to support customers, colleagues and their loved ones affected by the …
Dubai firm develops 3D printed space rocket engine using advanced software
A Dubai company is designing 3D-printed space rocket engines using an advanced computer software model that they developed. LEAP 71, which opened its headquarters in the UAE this year, devised the …
41% Of Uae Businesses Report An Increase In Fraud Attempts Last Year
The rapid growth in digital payments and e-commerce in recent years, accelerated further by the Covid-19 pandemic, has resulted in a striking rise o …
Chemicals In Crops Leading To Chronic Diseases, Firebrand Indian Activist Says At Sharjah Forum
The chemicals we put in our crops are causing a pandemic of chronic diseases, according to an Indian environmentalist. Vandana Shiva, a quantum physicist turned activist, said that fertilisers are not …
Abu Dhabi’s Masdar eyes stake in Turkish energy producer Fiba
Abu Dhabi state-owned renewable energy firm Masdar is reportedly looking to invest in clean energy producer Fiba Yenilenebilir Enerji, a subsidiary of Turkish conglomerate Fiba Group. The UAE firm is …
UAE: 6 months to Ramadan 2024, likely Eid Al Fitr dates revealed
The Holy Month of Ramadan in the UAE is just six months away. As per the Islamic Hijri calendar, currently, it is the month of Safar. According to Ibrahim Al Jarwan, chairman of the Board of Directors …
UAE property: ‘How soon can I evict a tenant on a two-year lease?’
Question: I am about to purchase a property and the tenant has a two-year lease agreement that started in April 2023. It also seems the annual rent is quite below the market rate. Can I terminate the …
Video: Enter Dubai’s Digital Twin And Go Property Shopping In Metaverse As Student Announces Real Estate Summit
Get your avatar suited up, for it is going to be a real estate conference in the metaverse that promises to give you a sneak peek of the future of D …
Dubai: Why tenants are renewing contracts despite increasing rents
Dubai tenant Salim Ahmed received an increase notification from his landlord that took his annual rent out of his budget. However, the expat has decided to..
UAE envoy: De facto West Bank annexation unfolding, but our ability to stop it wanes
Israeli commitment not to enact its sovereignty over settlements in exchange for normalization with Abu Dhabi only extends until 2024, Yousef al-Otaiba says …
Ethereum May Be Killing The ‘Ethereum Killers’ Thanks To Layer 2 Solutions
Is Coinbase’s entry into the Layer 2 solutions market one more chip in the armor of blockchains like Solana that were built to compete with Ethereum?