A content creator will live in a glass room in Downtown Dubai near the Burj Khalifa until a UAE campaign raises $10 million. The World’s Coolest Winter campaign, which celebrates the UAE’s most …
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Dubai’s Global Ventures close to raising $100mln target for second fund
DUBAI – Dubai-based Global Ventures is close to meeting a $100 million target for its new fund after attracting investments from Abu Dhabi and Saudi Arabia’s state investors, insurer Bupa Arabia and U …
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Stocks, gold, metaverse, Bitcoin, cryptocurrency ETFs or NFTs: Where do I invest my money in 2022?
Here are the top investment themes to keep in mind while investing in 2022 Dubai: When it comes to money … in a detailed report. Buy gold to hedge inflation in 2022: Analysts Buy gold to …
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Indian rupee dips against UAE dirham on US central bank’s aggressive rate hike stance
Declining on signs US central bank might hike interest rates faster to cool inflation Dubai: The drop is in line with stocks worldwide declining following US policymakers’ talks to reduce the top …
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CS Event’s 2nd Banking Revolution Summit to focus on the future of the banking technologies
More than 50 percent population in the Middle East and Africa remains unbanked, while financial technology is disrupting the region’s banking and …
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UAE companies keen to invest in semiconductor businesses and technical industries in US
UAE companies are keen to invest in technical industries, semiconductor businesses and information technology projects in the world’s largest economy, according to a senior official from the Ministry …
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UAE economy to grow 4.2% in 2022: central bank
UAE’s central bank expects the country’s real total GDP to grow at a stronger pace by 4.2 percent and non-hydrocarbon real GDP to increase by 3.9 percent in 2022. “However, economic projections are …
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IPO-bound Delhivery invest in Falcon Autotech
The investment is in line with its stated objective of sustained investments in future-ready hardware solutions in its operations …
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DMCC’s Fifth Dubai Diamond Conference Gains Endorsement and Sponsorship from Leading Diamond Industry Companies
DMCC– the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – is pleased to announce that it will be hosting the fifth edition of its Dubai Diamond …
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Over 200 fintech leaders for banking summit in Dubai
The upcoming Middle East Banking Revolution Summit in Dubai, UAE will be attended by more than 200 bankers and financial technology leaders, 35 speakers representing more than 100 financial …
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UAE is bringing about structured changes to legacy ‘Commercial Agency Law’
This past year has been one of sweeping legislative innovation for the UAE and emblematic of the country’s expansive, international outlook when it comes to easing the way for businesses of all kinds …
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New UAE law: 11 things all bank account holders should know
Banks operating in the UAE can no longer stop payment against a cheque even when the cheque drawer’s account does not have enough funds to cover the full amount. Instead, they can make partial …
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UAE – Mubadala claims ‘2021 Fund of the Year’ award
Mubadala Investment Company, the Abu Dhabi-based sovereign investor managing a global portfolio of assets valued at US $243 billion, today announced claiming the ‘2021 Fund of the Year’ award, which …
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UAE – Robert J. Giuffra, Jr. and Scott Miller Become Co-Chairs of Sullivan & Cromwell LLP
Tuesday 4 January 2022 [ AETOS Wire ] (BUSINESS WIRE )– Sullivan & Cromwell LLP announced today that Robert J. Giuffra, Jr. and Scott Miller have bec …
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UAE capital markets: AED1.8 bn liquidity driven by real estate, banking blue chips
Abu Dhabi bourse today retreated 0.65 percent to 8,409 pts, while Dubai Financial Market edged up 0.79 pct to 3,216 pts driven by the real estate and banking blue chips. DFM-listed Emaar Properties …
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UAE risks inclusion on global watchlist over dirty money
The Financial Action Task Force is leaning toward adding the UAE to its “gray list,” which would make the country subject to more oversight for shortcomings in combating money laundering.
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UAE Faces Risk of Inclusion on Global Watchlist Over Dirty Money
The United Arab Emirates is at increased risk of being placed on a global watchdog’s list of countries subject to more oversight for shortcomings in combating money laundering and terrorist financing, …
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