The announcement marks a significant milestone in Capital.com’s commitment to deepening its presence in the UAE, where they have been licenced by the Securities and Commodities Authority since April 2 …
Mehul Choksi’s downfall: From Dubai towers to Rs 6,000 crore bank scam trail
The Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED) accused Mehul Choksi of masterminding a Rs 6,097.63 crore fraud in collusion with officials of Punjab National Bank (PNB) …
AI and Fintech: How Smart Algorithms are Redefining Financial Services
Discover how smart algorithms are revolutionizing financial services, enhancing efficiency, and transforming customer experiences.
‘Shift to UAE’: Kotak AMC MD Nilesh Shah flags tax loophole exploited by NRIs
Nilesh Shah has warned that high-net-worth individuals could exploit tax treaties with some countries to avoid India’s capital gains tax.
KKR names David Petraeus as chair of Mideast business, sets up regional investment team
U.S. private equity firm KKR on Monday said it had appointed David Petraeus as the chairman of its Middle East business, and has set up an investment team in the region that will focus on …
Dubai awards contracts worth Dhs1.4bn for stormwater projects
The Tasreef project is Dubai’s largest unified stormwater collection system and is considered the most operationally efficient in the region.
Dubai’s venture-capital-backed FDI soars 39pc in 2024
Dubai’s position on the global investment map has never been more pronounced. In 2024, the emirate experienced unprecedented momentum in venture-capital-backed foreign direct investment (FDI), …
DIFC ready to host third edition of Dubai FinTech Summit next month
The Dubai International Financial Centre (DIFC) is set to host the third edition of the Dubai FinTech Summit on 12 and 13 May 2025, at the Madinat …
Dubai hotel occupancy rate rises to 77.7% in 2024
KPMG’s survey showed that 94 per cent of tourists in Dubai were satisfied with their hotel stay over the past year compared to 92 per cent in the previous year …
Video: Fire breaks out at warehouse in Sharjah; nearby facilities evacuated
A fire broke out in a warehouse located in Sharjah’s industrial area 15 on Sunday, marking the second blaze of the day. The fire led to the precautionary evacuation of nearby facilities. No injuries …
First UAE-Morocco Business Council convenes in Sharjah
Abdallah Sultan Al Owais, Vice Chairman of the Federation of UAE Chambers of Commerce and Industry and Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), expressed his pride and warmly …
Dubai: Dh1.4 billion stormwater drainage project to reduce flood risk in 9 areas
Dubai Municipality announced on Sunday major plans to develop strategic and future-ready infrastructure in the emirate. The authority awarded contracts worth Dh1.439 billion for four projects …
Abu Dhabi to host Behavioural Exchange 2025 conference
Under the patronage of Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs, the Behavioural Science Group (BSG) has …
‘Shift to UAE for 183 days’: Kotak AMC MD Nilesh Shah calls out capital gains tax loophole
Shah’s post refers to a growing trend of high-net-worth individuals using tax treaties with countries like Singapore, UAE, Mauritius, Netherlands, and Portugal, where under the ‘residual clause’ of …
Tech CEO promised AI but hired workers in the Philippines instead, FBI claims
In a bizarre twist from the usual AI narrative, the FBI alleges that this time human beings were doing the work of AI, and not the other way around. According to a press release f …
2 Reasons Nu Holdings Stock Is a Buy Before May 13
Nu Holdings (NYSE: NU) has become one of the cheapest growth stocks on the market today. Not familiar with it? Many U.S. investors have likely never heard of the Brazil-based digital banking platform.
Dubai, the world’s gateway for global logistics
Dubai has firmly established itself as a global powerhouse in air cargo logistics, leveraging its strategic geographic location, cutting-edge infrastructure, and progressive business policies.