Abu Dhabi Investment Office (ADIO) has signed a Memorandum of Understanding with the Export-Import Bank of the United States (EXIM), focused on …
Dubai launches minibus ride-sharing service
Initially, it will be available in Deira, connecting to central business districts such as Business Bay, Dubai Mall, Mirdif, and Dubai Festival City. The plan is to gradually expand the service to …
This is Dubai’s latest idea to improve traffic
Initially, the service will only depart from Deira towards central business districts such as Business Bay, Dubai Mall, Dubai Festival City and Mirdif. So, if you’ve got a regular commute then you’ll …
Better Fintech Stock: SoFi Technologies vs. Nu Holdings
Are you looking for a new fintech name to add to your portfolio? It’s certainly an area worth a look. The convergence of these two distinct sectors (finance and technology) is creating some incredible …
This stealthy African stablecoin startup already processed over $1B in cross-border payments
Juicyway uses stablecoins to power fast and cheap cross-border payments and has processed $1 billion in TPV in the last three years.
ADIO signs MoU with Export-Import Bank of the United States
Agreement to foster bilateral trade ties by facilitating imports and exports of raw materials, services, and technology …
Dubai Customs advances succession planning to strengthen leadership and continuity
“Dubai Customs is committed to supporting Dubai Government’s vision in human resources policies and systems. The updated succession planning framework aims to enhance the competencies of human capital …
UAE banks team up to fund $178m London student real estate development
UAE’s Emirates NBD and Abu Dhabi Islamic Bank close funding arrangement for Purpose-Built Student Accommodation in London …
Massive 9-bedroom Dubai villa sold for $54.5m on ‘Street of Dreams’
A nine-bedroom mansion in Hills Grove, Dubai Hills Estate has sold for a record-breaking AED200m ($54.5m). Dubai Sotheby’s International Realty announced the sale, which surpasses the firm’s previous …
Kenya extends oil deals with Saudi Arabia and UAE
Kenya has extended oil import agreements with one Saudi and two UAE oil companies to ease pressure on its currency, according to media reports. The deals were initially signed with Saudi Aramco, …
Tokinvest appoints Mike Mingee as chief compliance officer
Scott Thiel, CEO of Tokinvest, commented on the appointment: “Mike’s extensive experience in compliance and fintech makes him the ideal choice for Tokinvest as we continue to grow and set new …
Morgan Stanley picks Al-Abdulla to head Qatar business
Morgan Stanley has hired fund manager Abdulrahman Al-Abdulla as head of its business in Qatar, as the Wall Street bank continues its expansion in the region and tries to tap into a predicted rise in …
Egypt’s Supply Authority Approves USD 500M Wheat Import Deal With UAE
This agreement seeks to bolster Egypt’s food security amidst global price shifts and local agricultural challenges.
Gold import up on tariff cut, UAE pact
Indians’ love for gold has often gone against the country’s financial health — with a large part of the demand for the precious metal being fulfilled through imports. The 331% year-on-year increase …
Masdar-Backed Renewable Energy Developer Mulling Abu Dhabi IPO
Infinity Power, a renewable energy developer partly owned by Masdar, is considering selling its shares on the Abu Dhabi stock exchange within the next two or three years, according to its chairman.
UAE: How to get inmate visit permit in Abu Dhabi
Some residents could find themselves in the unfortunate position of having to visit a loved one — be it a family member or a friend — at a prison in the UAE.In Abu Dhabi, there are three correctional …
Sharjah raises the bar on healthcare
The Executive Committee for the Expansion of Healthy Cities Programme in Sharjah hosted a workshop on Monday, as part of its ongoing efforts to embrace and implement global health standards. The event …