Appointment of prominent business leaders Omar Channawi, Yasser Abdul Malak, and Khalil Yassine will contribute to the chamber’s strategic priori …
UAE is employing AI in various fields to accelerate digital transformation: Omar Al Olama
Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, Director-General of the Prime Minister’s Office and Chairman of the UAE Council …
UAE is employing AI in various fields to accelerate digital transformation, says minister
The UAE embraces artificial intelligence (AI) solutions and tools across various sectors, with the objective of accelerating the digital transformation pro..
UAE resident arrested for posting offensive video on social media
He was also charged with publishing a content that inconsistent with the media content standards and insults the Emirati society …
Starling Properties: Navigating Dubai’s real estate market for optimal investments
With their expertise and unwavering dedication, Starling Properties is committed to helping you achieve your investment goals and thrive in Dubai’s ever-thriving …
Qatar joins Gulf IPO spree as post-World Cup economic plans advance
The IPO comes amid ongoing moves nurturing Qatar’s financial markets ecosystem. In May 2023, the QIA announced that it will invest $275 million to establish a market-making initiative intended to …
Some Middle Eastern firms pushing IPO plans to 2024, Bank of America says
Several Middle Eastern companies are planning initial public offerings (IPOs) in 2024 instead of this year, a senior Bank of America executive said, amid worries of a global recession.
UAE and South Korea agree to expand economic cooperation in 11 strategic sectors, boost economy
H.E. bin Touq emphasized the profound and robust ties between the UAE and the Republic of Korea, underscoring their progress towards broader levels of constructive cooperation across all levels, with …
UAE Banks Federation hosts seminar on future of open banking and finance
Several experts from the financial technology and banking sectors and senior executives of member banks of the federation attended the seminar …
Dubai transport authority picks Rothschild & Co for asset review
Dubai’s Roads and Transport Authority has appointed Rothschild to advise on the strategic review of its assets including a possible IPO of its Dubai Taxi Corp and public parking businesses. The …
UAE breaks foreign direct investment record as Saudi Arabia sees 59% dip
Israel and the United Arab Emirates led the Middle East and North Africa for the highest FDI inflow — the purchasing of assets in another country — and globally placed 15th and 16th, respectively, …
Dubai logs over AED3.2bn in realty transactions Thursday
Dubai’s real estate market recorded 669 sales transactions worth AED2.91 billion on Thursday, in addition to 134 mortgage deals totalling AED268.19 million, and 89 gift deals amounting to AED101.47 …
Middle Eastern firms push IPO plans to 2024
But the Middle East emerged as an IPO bright spot last year and has so far largely held its ground, with several companies listing on exchanges in the United Arab Emirates and Sau …
Finance ministers of Korea, UAE discuss bilateral cooperation
The finance ministers of Korea and the United Arab Emirates (UAE) met in Seoul, Thursday, to discuss follow-up measures on the UAE’s planned investment of $30 billion here. The UAE plans to invest $30 …
Hedge fund Verition joins rush to Dubai financial hub
A general view of Dubai International Financial Centre (DIFC) (R) among high-rise towers in Dubai, United Arab Emirates June 23, 2019. REUTERS/Christopher Pike DUBAI, July 6 (Reuters) – U.S.-based …
Dubai’s Shuaa Bolsters Investment Bank With Credit Suisse Hires
Dubai-based Shuaa Capital PSC is looking to rebuild its investment banking franchise by bringing in former Credit Suisse bankers amid increasing deal activity in the Middle East. Shuaa in May …
UAE’s Gulf Islamic Investments expands its presence in Saudi Arabia
UAE banking is turning digital, and Dubai’s GII wants to have a big say in it On startup investments, trick is not to fall for valuation hype: GII’s Pankaj Gupta Abu Dhabi’s Mubadala sells trade …