Federal Bank, one of India’s leading private sector banks, held a press conference in Dubai, marking managing director and CEO KVS Manian’s maiden international media interaction since assuming office …
VIDEO: UAE’s Alpha Data to sell 40% stake in IPO
Alpha Data, a UAE-based technology services company, plans to sell 400 million shares in an IPO …
UAE: Empower reports $898.4mln in revenues in 2024
Emirates Central Cooling Systems Corporation (Empower) announced its financial results for the fiscal year 2024, recording a historic annual revenue of AED3.3 billion, reflecting an impressive 7.4 …
Dubai signs deal for Dubai Loop project with Elon Musk’s infrastructure firm
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid al-Maktoum on Friday signed an agreement for construction of the Dubai Loop project with Elon Musk’s infrastructure firm the Boring Company, …
Alpha Data Announces 40% Stake Sale In ADX’s First 2025 IPO
Dubai Alpha Data, a prominent UAE-based technology services firm, has unveiled plans to list on the Abu Dhabi Securi …
Dubai virtual assets regulator warns against investing in memecoins
As the meme coin craze continues, the market capitalization increased from $20 billion in January 2024 to $120 billion by the end of the same year. It is no surprise that Dubai’s Virtual Assets …
Arab League Chief Warns of Trump’s Sinister Plan to ‘Empty Palestine’| ‘Trump Eyeing West Bank Next’
Arab League Secretary-General Ahmed Aboul Gheit has strongly condemned U.S. President Donald Trump’s plan to resettle Gazans, warning that it aims to “empty Palestine” of its people. Speaking at the …
Abu Dhabi announces new rules for UAE businesses without business premises
Abu Dhabi will allow businesses from across the UAE to operate in the capital without needing business premises. The Abu Dhabi Department of Economic Development (ADDED) has introduced new …
The Fastbull Summit 2025 will be held in Dubai shaping the future of the global economy
The Fastbull Financial Summit set to take place on April 19, 2025, at the prestigious Coca-Cola Arena in Dubai, promises to be a cornerstone event for finance professionals, investors, and analysts …
Dubai Investments signs 2 Key MoUs as part of MoIAT’s Regional Industrial Partnership
Signing the MOUs on behalf of Dubai Investments, Mohammed Saeed Al Raqbani, General Manager, Dubai Investments Industries and Masharie, said, “The signing of these MOUs reflects Dubai Investments’ …
Alpha Data plans Abu Dhabi IPO amid digital transformation boom
Alpha Data, an Abu Dhabi-based digital transformation services provider, plans to list 40 per cent of its issued share capital on the capital’s bourse, amid economic momentum and a listing boom in the …
Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’
Dalio stressed that governments are responsible, and that leaders should make a pledge to reduce the U.S. budget deficit from 7.5% to 3% of GDP or resign.
UAE: Some employees get over 6-month salary as bonus in 2024
UAE’s job market has been highly competitive due to a large number of professionals coming to the Emirates in search of greener pastures in the past four years. Establishment of new companies and many …
UAE: Alpha Data announces IPO; first firm to go public in 2025
Alpha Data announces IPO, set to be the first public offering in the UAE for 2025. The leading digital transformation firm will list 400 million shares on the Abu Dhabi Securities Exchange.
UAE ranks in top 10 nations with most AI firms per capita
The UAE has introduced several national AI initiatives, including appointing the world’s first Minister of State for AI in 2017 and launching the National Strategy for Artificial Intelligence 2031 …
IFC provided over $2.3bln in financing to UAE-based multinational companies by end of 2024
DUBAI: Makhtar Diop, Managing Director of the International Finance Corporation (IFC), stated that the Washington-based organisation had provided over US$2.3 billion in financing to UAE-based …
Pimco Opens Office in Dubai as Asset Managers Flock to Region
Pacific Investment Management Co. opened a Dubai office, becoming the latest major fund manager to deepen its presence in the Middle East.