The United Arab Emirates, represented by the Ministry of Finance, announced its participation in the 2024 Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) taking …
Finance Minister Aurangzeb briefs premier before maiden US sojourn
Finance minister to attend IMF-WB spring meetings, hold bilateral meetings with Chinese, Saudi, UAE, Turkish counterparts.
BP shares increase by 3.1% after reports UAE oil company had pondered takeover
BP’s shares surged mid-morning on Friday on a day where other companies also fared well as the FTSE 100 pushed above 8,000 …
More electric vehicles, flying cars coming to UAE, says top Chinese diplomat
More electric vehicles (EV) and even flying cars manufactured in China are expected to arrive to the UAE soon, the newly-appointed Chinese consul general O..
Navigating the Dubai Real Estate Market: A Comprehensive Guide
The Dubai real estate sector stands as a beacon of dynamism and opulence, attracting investors and homebuyers from across the globe. With its iconic skyline, comprising both awe-inspiring skyscrapers …
Exclusive-UAE’s ADNOC recently eyed BP as takeover target, sources say
(Reuters) – The United Arab Emirates’ state-owned oil company recently considered buying Britain’s BP but the deliberations did not progress beyond preliminary discussions, people familiar with the …
Homeowners face a $25trn bill from climate change
Climate change is making such incidents much more common. In the decade from 2000 to 2009 only three thunderstorms cost the industry more than $1bn at current prices. From 2010 to 2019 there were ten.
Dubai virtual asset regulator wants to lift burden on small crypto firms
VARA CEO Matthew White admitted that regulations are “not perfect” and said they continue to engage with the industry to try and understand it better.
A Comprehensive Look at Investor Rights in Dubai’s Off-Plan Market
Dubai’s real estate market has always been attractive for its dynamic nature and high potential returns, particularly in the off-plan sector. Off-plan properties are those sold before they are …
Revealed: Exclusive European and Swizz clubs for the ultra rich flocking to Dubai amidst swelling millionaires club
Legendary Swiss private banks are also upping their games with plans to double and triple their employee strength amidst the Gulf country emerges as the most preferred destination for the global rich …
‘Spend money on good debts’: Dubai CEO reveals long-term plans for building personal wealth
Nada El Gazzar has been in the UAE for 17 years and is now heading UpskillX Advisory & Coaching. The 38-year-old Egyptian expat has a holistic attitude tow..
Bitcoin: Unlocking Bitcoin’s Potential In Traditional Finance, BTC Price Predictions For 2024
As the dawn of a new year approaches, the financial landscape finds itself at the cusp of a revolution, led by Bitcoin (BTC), a digital currency poised to redefine traditional finance. This narrative …
Dubai event to focus on alternative investments
More than 200 global investors, fund managers, banking and investment experts will be meeting in the UAE to discuss the global market of …
Toncoin (TON) flips Cardano as Telegram founder considers IPO
Telegram-linked Toncoin (TON) recorded massive surges in value recently, with prices pushing to new all-time highs on 9 April. The upside saw it surpassing Cardano (ADA) to rank 9th by market …
DFM announces new edition of Capital Market Summit in May
Following the success of the inaugural MENA IPO Summit last year, Dubai Financial Market (DFM) is set to return with a bigger and more promising edition …
UAE: Gold prices continue upward trend, jumps to new all-time high
Prices also edged higher as investors were waiting for the US Federal Reserve’s policy meeting minutes and key inflation data cues …
Diment secures Initial Approval from Dubai’s Virtual Asset Regulatory Authority (VARA)
Diment VA Exchange Services DMCC is pleased to announce its Initial Approval from the Virtual Asset Regulatory Authority of Dubai – VARA. This Initial Approval marks a significant milestone for Diment …