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Tag: fintech

Posted on 18/11/2024

BlackRock gets Abu Dhabi license to tap into region’s capital markets

The US asset manager’s Abu Dhabi move comes weeks it announced plans to set up its regional headquarters in Saudi Arabia …

Posted on 18/11/2024

Black Friday: Sales in UAE predicted to see major spike this season as retail majors offer up to 80% discount

Digital media channels are preparing for a major promotional blitz to elevate this year’s Black Friday sales to an entirely new level …

Posted on 18/11/2024

DMCC predicts ‘Asian Century’ for precious metals as UAE surpasses UK to become world’s second-largest gold trade hub

DMCC, the leading international business district that drives the flow of global trade through Dubai, today released a special edition of its Future of Trade thought leadership report focused on the …

Posted on 18/11/2024

UAE, Saudi Arabia dominate Mena M&A activity

The Mena region witnessed an increase in merger and acquisition (M&A) activity with a total of 522 deals amounting to $71.0b. When compared to the same period in 2023, deal volume …

Posted on 18/11/2024

Qatari companies join trade mission to the UAE

The UAE market presents an exceptional opportunity for Qatari companies seeking to expand, a senior official said. “We look forward to empowering our longstanding economic relations with our …

Posted on 18/11/2024

Dubai: RTA develops additional entrances, exits in four neighbourhoods

DUBAI: Aligned with leadership directives to enhance infrastructure in residential areas, support urban expansion, and elevate residents’ quality of life, Dubai’s Roads and Transport Authority (RTA) …

Posted on 18/11/2024

Aim to Set AI Benchmarks for Fintech Efficiency and Service Quality: Velocity Co-founder

He emphasizes that their alternative debt financing model empowers businesses to scale confidently by accessing funds exactly when they need them …

Posted on 18/11/2024

Apollo Invests in Fintech to Boost Service for Private Markets

Apollo Global Management Inc. is investing in startup Vega and adopting its technology that looks to improve service for clients looking to further their investments in private markets.

Posted on 18/11/2024

Dubai’s Pemo Secures $7m Pre-Series A Funding to Fuel GCC Expansion

Augmentum Fintech’s CEO, Tim Levene, expressed confidence in Pemo’s potential to drive economic growth across the Middle East. Shorooq Partners, an early investor in Pemo, also reiterated its support, …

Posted on 17/11/2024

UAE stocks worth more than $1tn for first time

Stocks listed in the United Arab Emirates are now worth more than $1tn for the first time, helped by a surge in firms tied to an Abu Dhabi royal that account for more than a …

Posted on 17/11/2024

India’s Imports From UAE Surge 70% In October To $7.2 Bn : Commerce Ministry

India’s imports from the United Arab Emirates (UAE), its free trade agreement (FTA) partner, soared by 70.37 per cent year-on-year in October to reach USD 7.2 billion, according to data released by …

Posted on 17/11/2024

Dubai-based siblings to transfer jiohotstar.com domain to Reliance ‘free of cost’

Dubai-based siblings, Jainam and Jivika, have decided to transfer the ownership of the domain to Reliance “free of cost.” The siblings purchased the domain from a Delhi-based app developer who had …

Posted on 17/11/2024

Dubai: What are the requirements for Golden Visa holders to work in the emirate?

I currently hold a property-linked Golden Visa issued in Dubai. I’m considering working with a company based in a Dubai freezone as I’ve been approached for an advisory or consultancy role. Is it …

Posted on 17/11/2024

Abu Dhabi Crown Prince arrives in Brazil to attend G20 summit on behalf on UAE President

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, has arrived in the Federative Republic of Brazil on an official visit to attend the 19th G20 summit, on behalf of President …

Posted on 17/11/2024

10 must-try dishes to savour at Sharjah book fair on its final weekend

Gulf Today, Staff Reprter  If you haven’t yet made it to the 43rd annual Sharjah International Book Fair (SIBF), now is the time to catch the …

Posted on 17/11/2024

Dubai: Man gets life imprisonment for drug smuggling

A man was sentenced to life in prison by Dubai’s Criminal Court after being convicted of trafficking and possessing illegal psychotropic substances. A life..

Posted on 17/11/2024

UK Residents Choosing UAE Amid Tax Reforms and Policy Shifts

Dubai An increasing number of British residents, particularly high-net-worth individuals (HNWIs), are seeking a move to the UAE, drawn by the nation’s tax-friendly environment and strategic economic …

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