Within the framework of FAAD Capital’s strategy to establish regional hubs domestically and internationally, the fund’s office in Dubai is expected to deepen its presence in the GCC region …
ADNOC L&S adds 20 offshore assets in 2024
ADNOC L&S acquired and deployed nine offshore support vessels, including a passenger ferry, crew boats, anchor handling tug supply vessels, platform supply vessels and multipurpose supply vessels …
ADIO and EXIM forge MoU to boost US-UAE trade in key sectors
It marks a significant milestone in facilitating the import and export of raw materials, services and technology, particularly in priority sectors …
Dubai Roads and Transport Authority awards $5.6bln metro line project to consortium
DUBAI – The Dubai Roads and Transport Authority (RTA) awarded on Thursday a 20.5 billion dirham ($5.6 billion) contract for the Dubai Metro Blue Line project to a consortium of three companies, the …
ShopDoc plans $50mn Dubai-Kerala healthcare corridor to tap medical tourism
Dubai-based digital healthcare firm Shopdoc reveals plans to invest $50 million to merge Kerala’s ancient healing traditions with the UAE’s cutting-edge healthcare facilities …
UAE corporate tax: Implications of Pillar 2 rules for businesses
Today we are going to look at the third rate of corporate tax. You may be wondering, “three rates?” The more astute of you will quickly count two. The first tier consists of a zero per cent rate on …
Dubai’s RTA introduces app-based minibus pooling service
These minibuses will operate on demand, with bookings through three smart applications: Citylink Shuttle, DrivenBus, and Fluxx Daily, RTA said …
Latin America fintech will be a market to watch in 2025
Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups and that a bounce-back was coming.
Worldline, Forthcode partner on in-flight payment solutions in India
The alliance helps integrate in-flight retail, inventory management, and payment solutions on a single platform.
Felix Capital’s Julien Codorniou to join 20VC as general partner
Just a few weeks after 20VC announced its third investment vehicle, TechCrunch has learned from multiple sources that the relatively new VC firm based in …
UAE and US to foster trade, economic collaboration
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 …