Dubai Duty Free announces two new millionaires amid a raft of prize winners to start 2025 with a bang. The New Year draws brought good luck to seven different nationalities when their names were …
UAE jobs: Over 40% of employees’ skills will change in 5 years, says study
Companies expect rising demand for technological literacy, with 87 per cent of respondents emphasising increased need for this skill …
Dubai International Chamber facilitates expansion of ‘Farm to Plate’ agri-tech business into Eswatini
Minister of ICT for the Kingdom of Eswatini: “Farm To Plate’s entry into Eswatini reflects our nation’s dedication to technological innovation and agricultural transformation. We extend our gratitude to Dubai International Chamber for fostering collaborations that make impactful initiatives like this possible.”
Nomupay raises $37M on a $200M valuation to build payment rails in underserved markets across Asia
Wirecard, a German fintech that raised hundreds of millions of dollars only to collapse in 2020 in a sea of scandal and insolvency, still makes headlines …
GCC countries: From tax havens to global business hubs
For years, the region has attracted multinational corporations with a ‘zero taxation’ regime, leading to the perception by businesses and governments globally that companies are moving to the region …
UAE billionaire Hussain Sajwani, Donald Trump announce $20bn investment in US data centres
Dubai real estate developer Damac Properties will invest $20 billion in data centres across the United States, President-elect Donald Trump announced on Tuesday.
Exclusive: Trump’s Dubai Billionaire Pal Discusses His Promise To Invest $20 Billion Into U.S.
The U.A.E. real estate tycoon and Trump pal has a history of audacious projects, but can he come up with the pledged $20 billion? He makes his case from Mar-a-Lago.
Dubai aircraft leasing firm DAE to acquire Nordic Aviation Capital
DAE said that the acquisition will be capitalised and funded by internal resources along with committed debt financing.
Trump’s Dubai Billionaire Ally Vows $20 Billion for Data Centers
President-elect Donald Trump announced an investment of at least $20 billion from Hussain Sajwani, the head of Damac Group, to build new data centers in the US.
Yuval Tal: The Financial Guru Behind Payoneer
Yuval Tal is known for founding Payoneer, a company that has revolutionized global online payment solutions for small businesses and freelancers.
A Fugitive Businessman, Done In by One Law He Couldn’t Dodge
Fleeing fraud charges, Samuele Landi evaded extradition treaties, dabbled in crypto, procured diplomatic credentials and took advantage of all the offshore world has to offer.
Trump’s Dubai billionaire ally vows US$20 billion for data centres
SINCE Donald Trump was first elected in 2016, Hussain Sajwani, the head of Damac Group, wanted the world to know he was the US president’s man in the Middle East. Read more at The Business Times.
Armenia and the UAE: Opportunity or missed potential?
Much of the Armenian population might assume that the country’s top foreign investor is Russia. Others might believe it’s the European Union. However, few people would ever think that in 2023 …
UAE’s Damac to invest $20 billion in US data centres
UAE company Damac Properties has made a $20 billion investment in the US to build data centres across the country, president-elect Donald Trump announced on Tuesday. Hussain Sajwani, founder and …
Trump, Dubai billionaire unveil $20 billion for data centers in Midwest, Sun Belt
“The investment will support massive new data centers across the Midwest, the Sun Belt area, and also to keep America on the cutting edge of technology and artificial intelligence,” Trump said at a …
UAE billionaire Sajwani to invest $20 billion in US data centres, Trump says
Hussain Sajwani is the chairman of DAMAC, the company that owns the Middle East’s only Trump-branded golf course in Dubai, which opened in 2017 …
Who is Hussain Sajwani? Dubai billionaire behind Trump’s $20 billion US data center plan
President-elect Donald Trump has announced a $20 billion investment in US data centers from Dubai-based billionaire Hussain Sajwani, further strengthening his ties with the prominent Middle Eastern …